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Aykon City in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for off-plan (pre registration and delayed sell) properties in Aykon City

RoomsSize, sqmSale price, AED/sqmSale price, AED
212122,7462,761,000
318031,7015,708,000

Sales prices for completed properties in Aykon City

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio4519,370880,000
15321,9681,156,667
28219,5151,602,500
312118,1852,200,000

Rents in Aykon City

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1511,54579,333
2791,368107,833
31211,240150,000

The cap rate (rental yield) of investments into Aykon City project is 6.2% on average.

The price of an apartment in Aykon City is 23,206 AED/sqm on average.

The long term rent of an apartment in Aykon City is 1,384 AED/sqm/year on average.

Price for off-plan 2 bedroom apartment in Aykon City is 2,761,000 AED or 22,746 AED/sqm.
Price for off-plan 3 bedroom apartment in Aykon City is 5,708,000 AED or 31,701 AED/sqm.

Price for completed Studio apartment in Aykon City is 880,000 AED or 19,370 AED/sqm.
Price for completed 1 bedroom apartment in Aykon City is 1,156,667 AED or 21,968 AED/sqm.
Price for completed 2 bedroom apartment in Aykon City is 1,602,500 AED or 19,515 AED/sqm.
Price for completed 3 bedroom apartment in Aykon City is 2,200,000 AED or 18,185 AED/sqm.

Rent for 1 bedroom apartment in Aykon City is 79,333 AED or 1,545 AED/sqm.
Rent for 2 bedroom apartment in Aykon City is 107,833 AED or 1,368 AED/sqm.
Rent for 3 bedroom apartment in Aykon City is 150,000 AED or 1,240 AED/sqm.

About Aykon City

'Aykon City' in 'Business Bay' area project description

Aykon City is an ambitious mixed-use development project situated in the vibrant Business Bay area of Dubai. Spanning six imposing towers, the project has been envisaged as a self-contained city within a city, offering a blend of luxury residences, high-end hotel apartments, office spaces, and various leisure and retail facilities. Strategically positioned along Sheikh Zayed Road, Aykon City boasts excellent connectivity and easy access to key locations such as Downtown Dubai, Dubai International Financial Centre (DIFC), and the Dubai Mall.

One of the most striking features of Aykon City is its architectural grandeur. The development is designed by the globally renowned DAMAC Properties, known for their innovative and luxurious real estate projects. The tallest tower in the complex rises to 80 stories, ensuring panoramic views of Dubai's iconic skyline, including the Burj Khalifa and the Dubai Canal. The sleek, modern aesthetic of the towers is complemented by lush, landscaped gardens, and recreational areas that provide a serene retreat from the hustle and bustle of city life.

Residential options within Aykon City cater to a diverse array of lifestyles and preferences. The luxury apartments come in a variety of configurations, ranging from cozy one-bedroom units to opulent three-bedroom penthouses. Each residence is meticulously designed with high-end finishes, state-of-the-art appliances, and floor-to-ceiling windows that maximize natural light and offer breathtaking views. The interiors reflect a commitment to luxury and comfort, with spacious living areas, premium materials, and contemporary design elements.

In addition to residential spaces, Aykon City features the AYKON Hotel and Serviced Residences, providing world-class hospitality services to residents and visitors alike. Managed by a leading hotel operator, the hotel offers an array of amenities, including fine dining restaurants, spa facilities, fitness centers, and swimming pools. The serviced residences provide the perfect combination of home comforts and luxury hotel services, catering to business travelers, tourists, and long-term residents.

Aykon City's commercial component includes premium office spaces equipped with the latest technological infrastructure. These spaces are designed to facilitate productivity and innovation, making them an attractive option for businesses looking to establish a presence in one of Dubai's most dynamic districts.

To enhance the overall living experience, Aykon City offers a plethora of leisure and retail options, including a shopping promenade, cafes, and entertainment venues. The development also features a dedicated "Aykon Plaza," a central hub that serves as a communal space for events, social gatherings, and outdoor activities.

Aykon City is not just a residential development; it is a lifestyle destination that encapsulates the essence of luxury urban living in Dubai. With its prime location, exceptional architecture, and comprehensive range of amenities, Aykon City is poised to become one of the most sought-after addresses in the city.

Q&A on Aykon City

What projects are better than 'Aykon City' project in Dubai which are located close by, and why?

1. The Opus:
- Designed by the renowned architect Zaha Hadid, Opus offers a unique architectural design and is considered an iconic structure in Dubai.
- Mixed-use development with offices, a hotel operated by ME by Melia, and luxury serviced residences.
- Central location in Business Bay with easy access to the Dubai Canal.

2. The Pad:
- Innovative design mimicking an iPod, offering a futuristic and tech-savvy living environment.
- Strategically located beside the Dubai Water Canal, providing scenic views and waterfront living.
- Smart home systems and high-end finishes are standard in all units.

3. Dorchester Collection Dubai:
- Ultra-luxury development managed by the prestigious Dorchester Collection.
- Exclusive branded residences and a hotel providing five-star services and amenities.
- Prime location with proximity to Downtown Dubai, offering spectacular views of the Burj Khalifa and Dubai Fountain.

4. The Address Residences Dubai Opera:
- High-end development by Emaar located near the iconic Dubai Opera.
- Offers direct access to Dubai Mall and numerous fine dining and entertainment options.
- Provides panoramic views of the Burj Khalifa and the Dubai Fountain, as well as top-notch amenities.

5. Volante:
- Exclusivity with only 45 residences, ensuring privacy and a high-end community experience.
- Located directly on the Dubai Canal, offering stunning water views.
- High-end finishes, private terraces, and world-class concierge services.

All these projects offer something distinct, whether in terms of design, luxury, or location, making them competitive alternatives to Aykon City.

What are the closest schools to 'Aykon City' project in Dubai?

- JSS Private School
- Gems Our Own Indian School
- Horizon English School
- Nord Anglia International School
- Jumeirah English Speaking School (JESS)
- Our Own High School
- Safa British School
- Dubai International School
- Hartland International School




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