Photos and renders of the building and grounds — not of this particular unit.
Aykon City
1 BR · Apartment
About the building
Located in Business Bay, completed in 2023. Developer — Damac Properties. Architect — LACASA Architects & Engineering Consultants.
What the building has
- Swimming pool
- Spa and sauna
- Restaurants
- Park and landscaping
Where it is
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP9-108603
How much is this 1-bedroom apartment in Aykon City?
Lot NP9-108603 is priced at AED 1 300 000, about $354 000. The size is 674 sq ft (63 m²), which works out at AED 1 929 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for Downtown Dubai?
The database holds 210 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 662 per sq ft; this lot is at AED 1 929. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 38 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2023 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 260 000; a loan of AED 1 040 000 over 25 years at 3.75–4.99% a year comes to roughly AED 5 300–6 100 a month. A non-resident puts down from 40% (AED 520 000) and pays about AED 4 000–4 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 52 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 700 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Aykon City?
The building has 61 floors. The developer is Damac. Completion year: 2023. Figures are from the project passport: Propsearch and the Dubai Land Department.
Aykon City project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-108603 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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