Business Bay · Damac Properties
Located in Business Bay, completed in 2023. Developer — Damac Properties. Architect — LACASA Architects & Engineering Consultants.
Specifications for Aykon City per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Aykon City is a residential complex of several buildings in Business Bay, completed in 2023.
The developer is Damac Properties. The architecture is by LACASA Architects & Engineering Consultants.
The tallest tower rises 61 storeys.
The database currently holds 8 lots in this project, from 970 000 AED.
A 61-storey Damac complex in Business Bay on the canal, handed over. Eleven lots in our own stock — from AED 970,000 to 4.25 million (~$260K–1.16M).
Aykon City is a multi-tower complex in Business Bay by Damac Properties, engineered by LACASA Architects & Engineering Consultants. 61 storeys, fully handed over. The factsheet doesn't give a residence count. Confirmed amenities: pool, spa, dining and landscaped grounds.
The complex sits on the Dubai Canal, next to Sheikh Zayed Road — at the junction of the district's two main axes: water and transport.
Our eleven listings range from AED 970,000 to 4.25 million at an average price per square foot around AED 2,077 (~$565/ft²) — half the Business Bay average of AED 4,900.
A four-fold spread within the complex at this price per square foot points to a range of formats: from compact studios to spacious apartments. Eleven listings in one place is a solid base for comparison and negotiation.
The complex is handed over, which sets it apart from most of the district's listings, many of them still under construction. Everything can be checked in person: finishes, the state of common areas, the actual view, parking usage in the evening. Rental income starts from month one.
The canal promenade is the part of Business Bay the district was rebuilt from office to mixed-use for in the first place. The waterfront walkway here is already up and running, unlike many of the city's promised promenades.
The flip side of being next to Sheikh Zayed Road is noise and traffic. It doesn't matter for the upper floors, but it matters a lot for the lower ones — check it from the actual apartment at peak traffic hours.
propsearch factsheet (storeys, developer, engineer, status, amenities) and our own stock as of 27 August 2026 (eleven lots in the complex, price per square foot for the complex and for Business Bay).
Damac Properties. The architecture is by LACASA Architects & Engineering Consultants.
61 — that is the tallest building of the complex.
Yes. Aykon City was handed over in 2023 — it is ready housing you can live in or let straight after the deal.
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
The database currently holds 8 lots in this project, from 970 000 AED. Prices move every day, so it is worth asking for the current list for this building.
Swimming pool, Spa and sauna, Restaurants, Park and landscaping. The list comes from the project description and covers the whole complex.
What has been written about the building, its developer and Business Bay
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
Deyaar is building DWTN (Downtown) Residences in Business Bay: twin 445 m, 111-storey towers with 522 homes — 432 apartments, 76 duplexes, 13 penthouses and a “Royal Palace”. From AED 1.86m with half due at keys. Construction began in January 2026; completion is quoted for 2029–2030.
In October 2024 Binghatti said it would lift its portfolio from about AED 40bn to AED 100bn ($27.2bn) in 18 months. In 2025 revenue reached AED 12.43bn, more than 17 000 units were sold, and the AED 30bn Binghatti City launched in Nad Al Sheba. What the growth means for buyers.
Downtown is Dubai's tourist and status core, around AED 2 433/sqft on our own data. Business Bay is the business district next door, home to 17 000+ companies, around AED 1 871/sqft. We compare lifestyle, rental economics and who should pick which.
SOM designed Burj Khalifa and a 74-metre metro station in Creek Harbour that will be the tallest in the world. Zaha Hadid Architects built The Opus and is now building Oystra in Ras Al Khaimah. What separates a real premium from a marketing line.
Three major office schemes are rising around DIFC and Business Bay: Immersive Tower ($300m, 58 573 sq m, 2027), Aldar's 88 000 sq m tower by Emirates Towers metro (Q4 2027), and an office park with a theatre on Business Bay's largest plot. Vacancy in central clusters sits at 2–5%.
The RTA and Dubai Holding signed an AED 6bn (about $1.6bn) road programme: four new JVC access points with interchanges, double the capacity and 70% shorter journeys. Hessa Street phase two adds a 780 m bridge and a 480 m tunnel out of JVC. What it means for owners and buyers.
Message me for the free layouts in Aykon City, the real entry price and what owners and tenants say — not the brochure copy.
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