1BR Apartment in Aykon City, Business Bay
About this property
This ready 1-bedroom apartment at Aykon City by Damac Properties offers 646 sq ft on Sheikh Zayed Road by the Dubai Canal, priced from AED 1,536,150 (about AED 2,378 per sq ft).
Aykon City is a Damac Properties development of connected towers on a shared podium at 395 Sheikh Zayed Road, on the banks of the Dubai Canal next to Downtown Dubai, with furnished studios and 1 to 3-bedroom apartments alongside hotel apartments and offices. The Dubai Land Department registers the towers separately: Aykon City (project 1726, Damac Canal One Property Development L.L.C), completed in Q3 2023, and Aykon City 2 (project 1746, Damac Canal Two Property Development L.L.C), completed in Q4 2023, with a third phase, Aykon City 3 (project 2200), still under construction. Its Tower B alone rises 53 storeys with 1,218 homes. Residents have a swimming pool, a beach club, a spa and fitness centre, walking and jogging paths, landscaped gardens, playgrounds, a co-working space, restaurants, cafés and retail, with concierge.
Sheikh Zayed Road is about 3 minutes away, Burj Khalifa and Dubai Mall about 6 minutes, Dubai Opera about 7 minutes, City Walk about 8 minutes and Jumeirah Beach about 7 minutes by car.
The 1-bedroom layout suits professionals who want a ready home between Downtown Dubai and the canal.
How does the price compare with Business Bay? Registered sales in Business Bay had a median of AED 2,431 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 4,754 sales). At about AED 2,378 per sq ft, this unit is in line with that median.
What rental yield can investors expect in Business Bay? The median annual rent was AED 95,000, a gross yield of about 4.6% over the same period (Dubai Land Department, 17,685 Ejari contracts in Business Bay). Actual returns depend on the unit, floor and current market conditions.
Is Aykon City ready to move in? Yes. The Dubai Land Department lists the first two Aykon City towers as finished in 2023. Contact Platinum Square for current availability and viewings.
Amenities
Location & Lifestyle
Buy or rent in Business Bay, the Dubai Holding district along Dubai Creek and the Dubai Water Canal, next to Downtown Dubai. It has direct links to Sheikh Zayed Road and Al Khail Road and its own Red Line Metro station. Landmarks include Bay Square, Executive Towers, Bellevue Towers and the Marasi Business Bay marinas. How much does property cost in Business Bay? Registered residential unit sales in Business Bay had a median price of AED 2,431 per sq ft between 1 January and 1 October 2026, based on 4,754 sales recorded by the Dubai Land Department. What is the average rent in Business Bay? The median annual rent was AED 95,000, based on 17,685 Ejari contracts in the Business Bay over the same period. What rental yield does Business Bay offer? These figures give a gross yield of about 4.6%, before service charges, fees and vacancy. Source: Dubai Land Department open data, 1 January to 1 October 2026.
Schools nearby
- Hartland International School
- JSS International (Al Safa)
Metro & transit
- Business Bay (Red Line)
Malls & retail
- Bay Avenue
- The Dubai Mall (1 stop)
Healthcare
- Aster Clinic Business Bay
- Emirates Hospital Clinic
Landmarks
- Dubai Water Canal
- Marasi Promenade
- Bay Square
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