Business Bay
Aykon City
DAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C · Selling since 2016 · recent sales mostly resales
Street View imagery near Aykon City, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,477/sqft
3yr CAGR
-8.3%
5yr projection (1,000 sqft)
AED 1,240,130
AED 806,974 to AED 1,664,575, from 10.3 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Aykon City — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Aykon City over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Aykon City itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 704.64K | AED 68,000/yrsame size in Business Bay | 9.7% | 56 |
| 1 bed | AED 1.05M | AED 91,454/yrsame size in Business Bay | 8.7% | 36 |
| 2 beds | AED 1.82M | AED 115,000/yrsame size in Business Bay | 6.3% | 13 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 18/sqft across 39 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 7,665 | AED 60,335 | 9.7% | 8.6% |
| 1 bed | AED 12,516 | AED 78,938 | 8.7% | 7.5% |
| 2 beds | AED 19,048 | AED 95,952 | 6.3% | 5.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Due diligence
Price vs. Business Bay median
-30.4%
Priced at or below the area's real median.
Developer track record
2,859 real transactions
1 completed · 1 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
1.4 km
Business Bay
Nearest school
850 m
Al Manar Quran Study Centre
Nearest hospital
588 m
Medcare Orthopaedics & Spine Hospital
Nearest supermarket
768 m
LuLu Express
Metro stations
- Business Bay1.4 km