Aykon City Tower C
✓ Resale Available

Aykon City Tower C

From AED 1.43M·Completed Dec 2023·100% down payment Payment
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AED 1.43M
Starting Price
Dec 2023
Handover
100% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Aykon City Tower C is the third tower within the flagship mixed-use Aykon City development by Damac Properties, located in the prestigious Business Bay district. The tower consists of a ground level, a podium, and 63 residential floors. The collection includes studios, one-, two-, and three-bedroom apartments, as well as spacious duplex units — offering options for both end-users and investors. The architecture follows a sleek, modern aesthetic with clean lines and expansive glazing, creating an airy feel and open views. Interiors are styled in soft neutral tones, combining comfort, minimalist elegance, and high-quality finishes. Layouts are designed for functionality and privacy, while large windows offer panoramic views of the cityscape. Residents enjoy access to a resort-style swimming pool, a state-of-the-art gym, a premium spa, a beach club, and yoga zones. The towers are connected by Aykon Plaza, which features restaurants, cafés, and retail outlets. The complex offers 24/7 security and video surveillance. Located next to Safa Park, the tower is just 10 minutes from Dubai Mall, City Walk, and BoxPark; 15 minutes from Palm Jumeirah and Burj Al Arab; and 20 minutes from The Walk JBR. Dubai Opera and Mercato Beach are within 10 minutes. Dubai International Airport is 30 minutes away, Al Maktoum Airport — 45.

Project Specifications
DeveloperDamac Properties
LocationBusiness Bay
Unit Types1 BR, 2 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 61,877 / year
Cash-on-Cash
1.8%
Levered cashflow AED 14,555
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 93,210 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Aykon City Tower C launch basis1,593AED 1.43MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

Aykon City Tower C — View 2
Aykon City Tower C — View 3
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Aykon City Tower C — View 7
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Aykon City Tower C official render 1

Aykon City Tower C official render 1

Aykon City Tower C official render 2

Aykon City Tower C official render 2

Aykon City Tower C official render 3

Aykon City Tower C official render 3

Aykon City Tower C official render 4

Aykon City Tower C official render 4

Aykon City Tower C official render 5

Aykon City Tower C official render 5

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Aykon City Tower C official render 6

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Aykon City Tower C official render 7

Aykon City Tower C official render 8

Aykon City Tower C official render 8

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Aykon City Tower C official render 9

Aykon City Tower C official render 10

Aykon City Tower C official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

100% down payment

Flexible Payment

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Floor Plans

Aykon City Tower C — 1 Bedroom Floor Plan

Amenities & Lifestyle

Central A/C
Children’s pool
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Landscaped park
Lift
Parking
Pets Allowed
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Sports ground

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Aykon City Tower C by Damac Properties

02

Located in Business Bay

03

Starting from AED 1,434,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2023

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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