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AYKON CITY-TOWER B

Studio Studio DAMAC Properties

BELOW MARKET

Total Price

652,735

Rate

1,529 AED/sqft

Size

427 sqft

Comparable sales

View area trends

Rental context

Comparable studio studios in Business Bay rent for a median of 55,000/yr across 121 Ejari contracts in the last two years.

Median annual rent
55,000
Sale price (this txn)
652,735
Implied gross yield
8.4%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,529 AED/sqft, below market compared with the median of comparable studio sales in Business Bay.

  • Comparable median: 1,690 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −9.5%.
  • Gifts and mortgages excluded.
highSale

Location context

Business Bay · DAMAC Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open AYKON CITY-TOWER B on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
AYKON CITY-TOWER B, Business Bay
Sale date
04 May 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-15143
DLD AED/sqm
16,450(our derived AED/sqft: 1,529)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-11-2026-15143
instance_date
2026-05-04
area_name_en
Business Bay
master_project_en
project_name_en
AYKON CITY
building_name_en
AYKON CITY-TOWER B
property_type_en
Studio
rooms
0 BR
size_sqft
427
actual_worth
AED 652,735
meter_sale_price
16,450 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Hospitality
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Downtown Dubai
nearest_metro_en
Business Bay Metro Station
nearest_mall_en
Dubai Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗