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Sold for AED 985,000: Studio Apartment in Aykon City 2

Located in Business Bay, Dubai. Its price per sqft is +30% vs the Aykon City 2 median (AED 1,772/sqft).

All Business Bay salesAykon City 2 prices

Sale price

AED 985,000

Per sqft
AED 2,309
Registered
13 Mar 2026, 10:49 (Dubai)

01 / Price history

This unit's history

Every registration of this studio apartment in Aykon City 2: same layout, exact size (427 sqft) and parking bay P4-22. The registry has no unit numbers, so records are matched on these details.

  1. 13 Mar 2026This sale

    427 sqft · AED 2,309/sqft · Ready

    First recordAED 985,000

  2. 13 Mar 2026Mortgage

    Same day as previous · 427 sqft · AED 1,688/sqft · Ready

    27%lower than the previous recordAED 720,000
Records
2
Registered
Same day
as the mortgage, 13 Mar 2026
Loan to value
73%
AED 720K mortgage on the AED 985K sale

02 / The property

Property details

Size
427 sqft · 39.63 m²
Bedrooms
Studio
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P4-22
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Aykon City 2 (5 Jan 2026 – 13 Oct 2026)

47 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
13 Oct 2026840K−15% vs selected1,969−15% vs selected
3 Oct 2026780K−21% vs selected1,607−30% vs selected
2 Oct 20261.44M+46% vs selected1,770−23% vs selected
1 Oct 2026940K−5% vs selected1,765−24% vs selected
28 Sept 20262.04M+107% vs selected1,569−32% vs selected
25 Sept 20261.52M+54% vs selected1,606−30% vs selected
24 Sept 20261.32M+34% vs selected1,653−28% vs selected
14 Sept 20262.14M+117% vs selected2,618+13% vs selected
10 Sept 20261.3M+32% vs selected1,602−31% vs selected
7 Sept 20261.78M+80% vs selected2,182−5% vs selected
2 Sept 2026850K−14% vs selected1,904−18% vs selected
25 Aug 20261.4M+42% vs selected1,560−32% vs selected
13 Aug 20261.5M+52% vs selected1,591−31% vs selected
13 Aug 20261.49M+51% vs selected1,558−33% vs selected
6 Aug 20261.51M+53% vs selected1,848−20% vs selected
4 Aug 20261.48M+50% vs selected1,822−21% vs selected
3 Aug 20261.28M+30% vs selected1,582−32% vs selected
21 Jul 202624.72K−97% vs selected45−98% vs selected
2 Jul 2026717K−27% vs selected1,601−31% vs selected
30 Jun 2026880K−11% vs selected1,562−32% vs selected
22 Jun 20262.48M+152% vs selected1,904−18% vs selected
9 Jun 20261.5M+52% vs selected1,671−28% vs selected
15 May 20261.3M+32% vs selected1,576−32% vs selected
14 May 20261.28M+29% vs selected1,596−31% vs selected
12 May 2026950K−4% vs selected1,784−23% vs selected
23 Apr 2026940K−5% vs selected2,199−5% vs selected
9 Apr 20262.37M+141% vs selected2,899+26% vs selected
6 Apr 20261.46M+48% vs selected1,812−22% vs selected
25 Mar 20261.45M+47% vs selected1,801−22% vs selected
18 Mar 2026900K−9% vs selected2,016−13% vs selected

04 / Renting it out

What similar apartments rent for

Median of 8 market rents of apartments of 363–491 sq ft in Aykon City 2. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 56,000
Per sqft / yr
AED 126/sqft
Gross yield
5.7%