Photos and renders of the building and grounds — not of this particular unit.
Aykon City-Tower B
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
Business Bay
The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
- central location at a discount
- short-let on the canal
- deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Full district guide →Questions and answers about lot NP9-381116
How much is this 1-bedroom apartment in Aykon City-Tower B?
Lot NP9-381116 is priced at AED 1 100 000, about $300 000. The listing does not state a size, so no price per square foot is given.
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.
How does this price compare with other lots in Aykon City-Tower B?
The database holds 3 lots in Aykon City-Tower B right now, from AED 820 000 to AED 1 100 000.
What are prices like in Business Bay?
The database holds 360 lots in Business Bay. The area median is AED 2 873 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 107 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Business Bay 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 220 000; a loan of AED 880 000 over 25 years at 3.75–4.99% a year comes to roughly AED 4 500–5 100 a month. A non-resident puts down from 40% (AED 440 000) and pays about AED 3 400–3 900 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 44 000 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 900 000 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-Tower B?
The building has 61 floors. The developer is Damac. Completion year: 2023. Figures are from the project passport: Propsearch and the Dubai Land Department.
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 NP9-381116 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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