PropertyIndex

Aykon City 2

Completed · Q4 2023|993 units · 1 tower

Alerts: Get notified of every new DLD-registered sale and rental contract.

Aykon City 2 is a completed apartment development by DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C in Business Bay, comprising 993 registered units. 1,415 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,701 per sqft. At AED 1,701 per sqft, Aykon City 2 prices 30% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 8.5% YoY
1.27MAED
Typical
1,701AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
1,415
DLD · all time
Rent contracts
1,089
Ejari · all time
Aykon City 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
144 – 17,552 sqft
9931.27M1,7018.5%82K6.5%
Residential
Studio · Apartment
337 – 529 sqft
207
1 Bed · Apartment
477 – 810 sqft
182
2 Bed · Apartment
703 – 1,645 sqft
546
3 Bed · Apartment
1,302 – 1,303 sqft
45
4 Bed · Apartment
17,552 sqft
1
Commercial
Shop
616 – 908 sqft
5
Store
144 – 451 sqft
7
Sales — Project-Wide1,415 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
13 Aug 2026Tower C · Floor 469431,500,0001,591-6.4%Entry LevelStandard Sale
13 Aug 2026Tower C · Floor 479531,485,0001,558Entry LevelStandard Sale
6 Aug 2026Tower C · Floor 468171,510,0001,848+10.5%PremiumStandard Sale
Rentals — Project-Wide1,089 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 924 rentals
Floors 11-42 · 652 rentals
Floors 43-61 · 272 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
28 Aug 20262 Bed817100,000122Standardrenewal
15 Aug 20261 BedTower C · Floor 3053970,000130-17.6%Entry Levelnew
15 Aug 20262 BedTower C · Floor 3581595,000117-5.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Aykon City 2

Answered from Dubai Land Department registered transactions.

How much does a property in Aykon City 2 cost?

Property in Aykon City 2 sells at a current PIX© price of AED 1,701 per sqft, or about AED 1,267,970 for a typical unit, based on 1,415 sales registered with the Dubai Land Department.

Is Aykon City 2 completed?

Yes. Aykon City 2 is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Aykon City 2?

Aykon City 2 is developed by DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Aykon City 2?

Aykon City 2 yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,089 registered Ejari contracts.

How many units are in Aykon City 2?

Aykon City 2 holds 993 registered units, per the Dubai Land Department unit register.

Have prices in Aykon City 2 gone up or down?

Price per sqft has fallen -8.5% over the last 12 months, to AED 1,701, across 1,415 registered sales.