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Aykon City 2

by DAMAC Properties Business Bay

About Aykon City 2

Aykon City 2 is a retail tower by DAMAC Properties, in Business Bay, Dubai. It rises 61 storeys (3 basement levels, a ground floor, 10 podium levels, 50 floors, a roof and 1 upper-roof level), built as a concrete structure with internal and external finishes. The project comprises 1,371 homes.

Key information

DAMAC Properties
Developer
DAMAC Properties
Handover
Q4 2023
Status
Handed over
Location
Business Bay, Dubai
Construction started
2016
Number of buildings
1
Number of units
1,371
Registered with DLD
19 Apr 2016
Escrow bank
Abu Dhabi Commercial Bank
Escrow account no.
11844080920002
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2016
  2. Handed over
    Q4 2023

Construction progress

160 inspection photos from the Dubai Land Department. Latest 12 Oct 2023 at 100% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
11 Elevators
65 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
1,437
Median price
AED 1.3M
Median price / sqft
AED 2K+9%
Off-plan share
79%

Priced 8% above than the Business Bay median of AED 2K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio308442 sqftAED 862KAED 2K
1 Bed249556 sqftAED 1.0MAED 2K
2 Bed811823 sqftAED 1.5MAED 2K
3 Bed651,227 sqftAED 2.3MAED 2K

Price per sqft by year

+9% since 2016

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
10 Sept 2026Resale812 sqftAED 1.3MAED 2K
08 Sept 2026Resale813 sqftAED 1.8MAED 2K
02 Sept 2026Resale446 sqftAED 850KAED 2K
25 Aug 2026Resale898 sqftAED 1.4MAED 2K
13 Aug 2026Resale943 sqftAED 1.5MAED 2K
13 Aug 2026Resale953 sqftAED 1.5MAED 2K
06 Aug 2026Resale817 sqftAED 1.5MAED 2K
04 Aug 2026Resale810 sqftAED 1.5MAED 2K

Unit mix

986 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Residential1-
Studio206370 - 529 sqft
1 B/R182477 - 810 sqft
2 B/R546703 - 1,646 sqft
3 B/R451,302 - 1,303 sqft
4 B/R117,551 sqft
Commercial5-

Payment plan

Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Business Bay, Dubai.

Business Bay

Dubai, United Arab Emirates

Frequently asked questions

Aykon City 2 has already been handed over (Q4 2023), according to Dubai Land Department records.

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More off-plan launches around Business Bay.

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Handover Q4 2023100% complete

Aykon City 2

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