DAMAC Aykon City
- AVA001023Sheikh Zayed Road, Overlooking Dubai Canal
DAMAC Aykon City
- AVA001023Sheikh Zayed Road, Overlooking Dubai Canal
AYKON City by DAMAC Properties is a landmark cluster of towers rising through the heart of Sheikh Zayed Road, forming a gateway to Dubai's glamorous Burj area. Striking exteriors, impressive interiors and unrivalled amenities come together to represent the epitome of luxury urban living, with stunning view corridors stretching from Sheikh Zayed Road to the Arabian Gulf and from the Dubai Canal to the very heart of the city.
This listing covers two of the development's towers. Tower B is the Serviced Apartments tower, presenting studios and one, two and three-bedroom apartments that combine luxurious exteriors and interiors with hotel-style services and world-class amenities. Tower C is the Luxury Residences tower, offering contemporary studios, one, two and three-bedroom homes, as well as duplex apartments, all overlooking the captivating landmarks of Dubai. Tower B is completed with available inventory, while Tower C is nearing completion.
Residents step into a majestic lobby served by a dedicated reception, round-the-clock security and bespoke concierge. Lifestyle amenities include a palatial swimming pool with lush terrace gardens, a tranquil spa, a fully-equipped gymnasium with panoramic city views, restaurants and dining on Level 11, bright meeting rooms for business, and a dedicated kids club. Each apartment features floor-to-ceiling windows for an abundance of natural light and open views.
Positioned in Business Bay beside the Dubai Canal, AYKON City places its residents minutes from The Dubai Mall, Burj Khalifa, City Walk, Safa Park and Jumeirah Beach, at the centre of one of the world's most desired cities.
Property Details
- Micro-market
- Business Bay / Dubai
- Configuration
- Apartment
- Property Type
- Apartment
- Built-up Area
- 533 sq ft
- Status
- Completed
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Completion
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| Studio | — | AED 689K | Completed | |
| 1 BHK | — | AED 1.01M | Completed | |
| 2 BHK | — | AED 1.45M | Completed | |
| 3 BHK | — | AED 2.42M | Completed |
Property Information
- Community: Business Bay
- Project Name: DAMAC Aykon City
- Listing Price: AED 1.01M
- List Date: Aug 26, 2026
- Days on Market: 0
- Listing ID: AVA001023
- Status: Completed
- Construction Type: Towers B and C (435 units)
- Security: 24/7 security
- Parking: Covered parking
- Pool: Swimming pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: DAMAC Aykon City, Business Bay; Tower B serviced apts (completed) + Tower C luxury residences
- Capital Appreciation: 8%
- Property Tax Jurisdiction: UAE - 0% property tax on residential
Location
Sheikh Zayed Road, Overlooking Dubai Canal
- Airport: Dubai International Airport - 14 km
- Metro: Business Bay Metro Station - 2 km
- Highway: Sheikh Zayed Road - 0 km
- Hospital: Medcare Hospital - 5 km
- Shopping: City Walk - 2.5 km
- Tourist Hub: Downtown Dubai - 5 minutes
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| — | Dubai Water Canal | Waterfront Promenade | Sunset | 0 km |
| 9.2 / 10 | La Perle | Live Entertainment Show | Evening | 1.3 km |
| 9.6 / 10 | The Dubai Mall | Shopping Mall | Early morning | 2.5 km |
| — | Burj Khalifa | Landmark | Sunset | 4.8 km |
| 9.4 / 10 | Dubai Opera | Performing Arts Venue | Evening | 5.5 km |
| — | Fountains at Dubai Mall | Attraction | Evening | 1.3 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹6,547.726
per month
20 years • 8.5% interest • Fixed rate
₹7K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
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Investment Summary
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Rental Yield Calculator
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Net Rental Yield
6.3%
Monthly Income
₹5K
Rental Breakdown
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