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 | - | ₹1.79 Cr | Completed | |
| 1 BHK | - | ₹2.62 Cr | Completed | |
| 2 BHK | - | ₹3.78 Cr | Completed | |
| 3 BHK | - | ₹6.31 Cr | Completed |
Amenities
Indoor
- Fully-equipped gymnasium
- Spa
- Grand lobby with reception
- Business meeting rooms
- Kids club
Outdoor
- Swimming pool
- Landscaped terrace gardens
Parking
- Covered parking
Security
- 24/7 security
Other
- Bespoke concierge service
- Restaurants & dining
- High-speed elevators
Property Information
- Community: Business Bay
- Project Name: DAMAC Aykon City
- Listing Price: Starting from ₹2.62 Cr
- List Date: Aug 26, 2026
- Listing ID: AVA001023
- Status: Completed
- Construction Type: Towers B and C (435 units)
- Security: 24/7 security
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
- Property Tax Jurisdiction: UAE - 0% property tax on residential
About the developer
DAMAC Properties is a Dubai-headquartered residential developer founded in 2002 by Hussain Sajwani, and one of the largest private developers in the UAE. It builds master communities and towers in Dubai and internationally, and is known for fashion-branded residences developed with houses such as Versace and Cavalli. The company was previously listed on the Dubai Financial Market and is now privately held by the Sajwani family.
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
- Tourist Hub: Downtown Dubai - 5 minutes
Around this home
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Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.