Aykon City by DAMAC Properties

Aykon City is a luxurious complex consisting of modern skyscrapers, located in an area full of expensive hotels and elite apartments. The project is one of the most prestigious in the entire Middle East, and will include a selection of studios and apartments with 1-3 bedrooms with a wide selection of layouts.

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$ 209 500
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About the project

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beautiful views of the canal

DAMAC AYKON City

Originally conceived as a complex of four skyscrapers, the project currently includes two multi-storey buildings under the Aykon City brand (Aykon City Serviced Apartments and Aykon City Luxury Residences), which are in the final stages of construction, as well as the Safa Two de Grisogono residential tower - the construction of which has only just begun. The first two skyscrapers have similar architectural designs and are also known as Towers B and C. Safa Two will be a thematic addition to the Safa One branded complex on the west side of the Sheikh Zayed Road.

Although the complex is not located along the first line of the Dubai Water Canal, many residences offer beautiful views of the canal and the majestic skyscrapers of Business Bay. From the windows on the west side, you can enjoy looking out onto the lush greenery of Safa Park and even see the coast of the Arabian Gulf. Urban landscapes can also be enjoyed from the 11th floor of Aykon Plaza, which connect towers B and C which is the main entertainment area of the complex. Both buildings offer studios and apartments with 1-3 bedrooms, and in tower C, you can also purchase duplex residences. All properties will be fully furnished, equipped with high-quality appliances and finished with exquisite materials.

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Key advantages

The main advantage of the Aykon City residential complex is its unique location near the main urban highway of the Sheikh Zayed Road, the picturesque Dubai Water Canal, the business district of Business Bay, the famous sandy beaches of Jumeirah, and world-class attraction of the Burj Khalifa.

  • open pools
  • beach club
  • spa centre
  • gym
  • yoga areas
  • children play zones
  • cafes and restaurants
  • landscaping
  • closed club
  • serviced apartments
  • learn more

This is complemented by the high quality properties and a wide selection of layouts to choose from, as well as a unique set of entertainment venues and facilities for every resident to enjoy.

Prices for real estate in Aykon City start at AED 650,750 (USD 177,000) for a 333 sq.ft. studio with one bathroom, panoramic windows, and a spacious balcony. The minimum cost of a 538 sq.ft. apartment will be AED 845,000 (USD 230,000), while a two-bedroom, two-bathroom residence will cost AED 1,200,000 (USD 327,000). The most expensive three-bedroom apartment in Tower C costs AED 4,197,000 (USD 1,143,000) with an area of 1969 sq.ft.

Infrastructure

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The elite complex of Aykon City provides residents with a full range of premium amenities, allowing them to enjoy a resort-style life while being at the centre of this vibrant city. The extensive Aykon Plaza area houses a whole host of swimming pools in intricate shapes, surrounded by lush greenery and stylish landscape design elements - which completely imitates a piece of a tropical beach. Here you can also find a beach club, spa centre, a gym, yoga areas, children's play zones, exquisite cafes and restaurants with terraces for outdoor relaxation. On the upper floors there is AYKON Club, which is exclusively available to residents, and offers a cozy place to socialize with views of the city and first-class cuisine.

As there are several older neighbourhoods located near Aykon City, property owners can easily find a good school, daycare centre and medical centre. For example, the highly rated Jumeirah English Speaking School and Medcare Hospital Al Safa are located just a five minute drive from the complex.

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Location

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5-15 minutes

The Burj Khalifa and Downtown Dubai, shopping centers; Dubai Mall, City Walk, Box Park, Mall of the Emirates, Souk Al Bahar, Jumeirah Beach, Safa Park, the business districts of DIFC and Business Bay, Dubai International Airport, The Track, Meydan Golf

20-40 minutes

Al Maktoum International Airport, popular coastal areas like Palm Jumeirah and Dubai Marina, and the Burj Al Arab

Aykon City complex is located directly at the intersection of the Sheikh Zayed Road and the Dubai Water Canal, near the major transportation hub that leads to the main city highway. Thanks to its convenient location, residents of the complex can quickly reach any area of the city and also use water transport that runs along the canal. It takes up to 20 minutes to get to all the major attractions, recreational areas, and commercial hubs in Dubai via water transport.

Just steps away from Aykon City is the exclusive complex of hotels and apartments called Al Habtoor City, with trendy boutiques and elegant cafes on the lower floors and adjoining courts of Al Habtoor Tennis Academy. The unique aqua show by Franco Dragone is also based here, and is the first Las Vegas-style stage production in the entire Middle East region. In addition to walks among the lush greenery of Safa Park, owners of Aykon City apartments can take a stroll along the canal's landscaped promenade, where there are more restaurants, cafes, and other leisure spots to enjoy.

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stable income

Economic Attractiveness

Real estate in Aykon City will continue to enjoy stable demand for many years, as the number of locations that can boast such a fortunate location to various key areas of the city is very limited. Renting property in this complex will be of interest to wealthy tourists, highly paid young professionals, and business professionals.

Investors investments

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After the completion of construction, it is expected that real estate prices will rise and repay investor investments at a much quicker rate. You can rent out your property and receive a stable income as the average cost of a 1-bedroom apartment is AED 90,000 (USD 24.5 thousand) per year. The ROI level is currently 4.5%.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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