AYKON CITY

Resale

DeveloperDAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C

Community—

AreaBusiness Bay

Started

9 years 6 months ago01-07-2016

Handover

2 years 4 months ago30-08-2023

Status

CompleteFinished

Project Description

Tower B: 2B+G+11P+53F+R+1UR Hotel Apartments+Retail+Offices

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 1,678/sqft

Last 12M:AED 1,699/sqft

Momentum: Last 12Mvs Prior Year

Falling

-9%

Decline

Last 12M:AED 1,699/sqft

Prior Year:AED 1,860/sqft

Community Compare: Last 90DUnknown

At Market

Above Avg

Project:AED 1,739/sqft

Community:AED 0/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

117Sold (Last 12M)

Supply & Demand Matrix

AYKON CITY averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

509 units

61 sold448 left

12%

Velocity

1 Bedroom

522 units

43 sold479 left

Velocity

2 Bedrooms

137 units

10 sold127 left

Velocity

3 Bedrooms

45 units

3 sold42 left

Velocity

Shop

7 units

0 sold7 left

Velocity

Office

1 units

0 sold1 left

Velocity

Layouts & Units (1,224)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Studio FlatFloors 19-21	Inventory 2units Typically 1 parking ~7 sqm balcony	Size Range 437-874sqft	Price Range —	Avg PSF 900	Sales 0	Trend —

Asset Class 1 Bed Flat	Inventory 0units	Size Range 689-874sqft	Price Range —	Avg PSF 940	Sales 0	Trend —

Asset Class GymnasiumPodium	Inventory 1units Typically 4 parking	Size Range 2,142-2,142sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Asset Class 1 Bed Hotel ApartmentFloors 11-64	Inventory 522units 38 layouts · Typically 1 parking 6-27 sqm balcony	Size Range 339-2,889sqft	Price Range AED 700K - AED 2.0M	Avg PSF 1,785	Sales 76	Trend —

Asset Class Hotel ApartmentFloors 11-64	Inventory 509units 33 layouts · Typically 1 parking 6-14 sqm balcony	Size Range 23-2,408sqft	Price Range AED 43K - AED 1.3M	Avg PSF 1,783	Sales 116	Trend —

Asset Class 2 Bed Hotel ApartmentFloors 12-64	Inventory 137units 17 layouts · Typically 1.1 parking 7-42 sqm balcony	Size Range 434-2,017sqft	Price Range AED 1.4M - AED 2.4M	Avg PSF 1,799	Sales 12	Trend —

Asset Class 3 Bed Hotel ApartmentFloors 12-62	Inventory 45units 5 layouts · Typically 2 parking 12-13 sqm balcony	Size Range 1,642-3,286sqft	Price Range AED 2.5M - AED 2.8M	Avg PSF 1,763	Sales 8	Trend —

Asset Class Hotel Rooms	Inventory 0units	Size Range 390-390sqft	Price Range —	Avg PSF 1,876	Sales 0	Trend —

Asset Class OfficeFloor 63	Inventory 1units ~80 sqm balcony	Size Range 9,096-9,096sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Asset Class ShopPodium + Floor 11	Inventory 7units 7 layouts ~147 sqm balcony	Size Range 521-8,188sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 10 asset classes covering 1,224 units