AYKON CITY

Ready

DeveloperDAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C

Community—

AreaBusiness Bay

Started

9 years 6 months ago01-07-2016

Handover

2 years 4 months ago30-08-2023

Status

CompleteFinished

Project Description

Tower B: 2B+G+11P+53F+R+1UR Hotel Apartments+Retail+Offices

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

Growth

Current:AED 1,706/sqft

Last 12M:AED 1,699/sqft

Momentum: Last 12Mvs Prior Year

Falling

-10%

Decline

Last 12M:AED 1,699/sqft

Prior Year:AED 1,881/sqft

Community Compare: Last 90DUnknown

At Market

Above Avg

Project:AED 1,761/sqft

Community:AED 0/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

118Sold (Last 12M)

Supply & Demand Matrix

AYKON CITY averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

509 units

62 sold447 left

12%

Velocity

1 Bedroom

522 units

43 sold479 left

Velocity

2 Bedrooms

137 units

10 sold127 left

Velocity

3 Bedrooms

45 units

3 sold42 left

Velocity

Shop

7 units

0 sold7 left

Velocity

Office

1 units

0 sold1 left

Velocity

Layouts & Units (1,224)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 26 units	Type Hotel Apartment	Beds 1 B/R	Size 748 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold 7 days ago	Sales 3

Units 82 units	Type Hotel Apartment	Beds 1 B/R	Size 677 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 9 days ago	Sales 16

Units 6 units	Type Hotel Apartment	Beds 2 B/R	Size 1,241 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold 9 days ago	Sales 1

Units 90 units	Type Hotel Apartment	Beds Studio	Size 343 sqft	Avg Price AED 681K	Last Price AED 750K	Last Sold 14 days ago	Sales 24

Units 101 units	Type Hotel Apartment	Beds Studio	Size 420 sqft	Avg Price AED 778K	Last Price AED 680K	Last Sold 14 days ago	Sales 25

Units 6 units	Type Hotel Apartment	Beds 2 B/R	Size 1,058 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 15 days ago	Sales 1

Units 4 units	Type Hotel Apartment	Beds Studio	Size 331 sqft	Avg Price AED 600K	Last Price AED 600K	Last Sold 15 days ago	Sales 1

Units 126 units	Type Hotel Apartment	Beds 1 B/R	Size 695 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 21 days ago	Sales 19

Units 45 units	Type Hotel Apartment	Beds 1 B/R	Size 682 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold 24 days ago	Sales 11

Units 54 units	Type Hotel Apartment	Beds Studio	Size 413 sqft	Avg Price AED 782K	Last Price AED 685K	Last Sold 24 days ago	Sales 11

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 804 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 month ago	Sales 1

Units 164 units	Type Hotel Apartment	Beds Studio	Size 426 sqft	Avg Price AED 770K	Last Price AED 820K	Last Sold about 1 month ago	Sales 32

Units 5 units	Type Hotel Apartment	Beds 1 B/R	Size 626 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 2 months ago	Sales 1

Units 4 units	Type Hotel Apartment	Beds Studio	Size 449 sqft	Avg Price AED 885K	Last Price AED 850K	Last Sold 2 months ago	Sales 2

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 763 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 2 months ago	Sales 1

Units 39 units	Type Hotel Apartment	Beds 2 B/R	Size 1,009 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 2 months ago	Sales 4

Units 27 units	Type Hotel Apartment	Beds 3 B/R	Size 1,701 sqft	Avg Price AED 2.7M	Last Price AED 2.8M	Last Sold 3 months ago	Sales 7

Units 6 units	Type Hotel Apartment	Beds 2 B/R	Size 944 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 3 months ago	Sales 1

Units 45 units	Type Hotel Apartment	Beds Studio	Size 460 sqft	Avg Price AED 772K	Last Price AED 730K	Last Sold 4 months ago	Sales 11

Units 50 units	Type Hotel Apartment	Beds 2 B/R	Size 1,077 sqft	Avg Price AED 1.8M	Last Price AED 2.0M	Last Sold 4 months ago	Sales 4

Units 26 units	Type Hotel Apartment	Beds 1 B/R	Size 815 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 4 months ago	Sales 2

Units 24 units	Type Hotel Apartment	Beds 1 B/R	Size 655 sqft	Avg Price AED 1.1M	Last Price AED 950K	Last Sold 5 months ago	Sales 4

Units 20 units	Type Hotel Apartment	Beds 1 B/R	Size 873 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 5 months ago	Sales 1

Units 28 units	Type Hotel Apartment	Beds 1 B/R	Size 791 sqft	Avg Price AED 1.4M	Last Price AED 1.1M	Last Sold 7 months ago	Sales 4

Units 25 units	Type Hotel Apartment	Beds Studio	Size 515 sqft	Avg Price AED 883K	Last Price AED 750K	Last Sold 9 months ago	Sales 6

Units 24 units	Type Hotel Apartment	Beds 1 B/R	Size 646 sqft	Avg Price AED 1.3M	Last Price AED 960K	Last Sold 9 months ago	Sales 4

Units 25 units	Type Hotel Apartment	Beds 1 B/R	Size 718 sqft	Avg Price AED 1.5M	Last Price AED 1.1M	Last Sold 10 months ago	Sales 4

Units 6 units	Type Hotel Apartment	Beds 2 B/R	Size 1,243 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold about 1 year ago	Sales 1

Units 41 units	Type Hotel Apartment	Beds 1 B/R	Size 631 sqft	Avg Price AED 1.2M	Last Price AED 1.0M	Last Sold about 1 year ago	Sales 3

Units 4 units	Type Hotel Apartment	Beds Studio	Size 483 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold over 1 year ago	Sales 1

Units 1104	Type Hotel Apartment	Beds Studio	Size 318 sqft	Avg Price AED 895K	Last Price AED 895K	Last Sold almost 2 years ago	Sales 1

Units 17 units	Type Hotel Apartment	Beds 3 B/R	Size 1,703 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold about 2 years ago	Sales 1

Units 2 units	Type Flat	Beds —	Size 437 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-01	Type Shop	Beds —	Size 521 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-02	Type Shop	Beds —	Size 546 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SMALL CAFE - JUICE BAR	Type Shop	Beds —	Size 617 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-03	Type Shop	Beds —	Size 624 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units BARBER - SALON	Type Shop	Beds —	Size 1,366 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units GYM	Type Gymnasium	Beds —	Size 2,142 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SPA	Type Shop	Beds —	Size 5,977 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units LIFE STYLE CAFE	Type Shop	Beds —	Size 8,188 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SALES CENTER	Type Office	Beds —	Size 9,096 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3611	Type Hotel Apartment	Beds 1 B/R	Size 649 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3603	Type Hotel Apartment	Beds 1 B/R	Size 668 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Apartment	Beds 1 B/R	Size 687 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 14 units	Type Hotel Apartment	Beds 1 B/R	Size 689 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1106	Type Hotel Apartment	Beds 1 B/R	Size 700 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 703 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6404	Type Hotel Apartment	Beds 1 B/R	Size 732 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 11 units	Type Hotel Apartment	Beds 1 B/R	Size 793 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6305	Type Hotel Apartment	Beds 1 B/R	Size 823 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds 1 B/R	Size 830 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1105	Type Hotel Apartment	Beds 1 B/R	Size 872 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6401	Type Hotel Apartment	Beds 2 B/R	Size 927 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Apartment	Beds 2 B/R	Size 1,016 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6402	Type Hotel Apartment	Beds 2 B/R	Size 1,052 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Apartment	Beds 2 B/R	Size 1,120 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6301	Type Hotel Apartment	Beds 2 B/R	Size 1,270 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1201	Type Hotel Apartment	Beds 2 B/R	Size 1,301 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Apartment	Beds 2 B/R	Size 1,326 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6307	Type Hotel Apartment	Beds 2 B/R	Size 1,501 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6303	Type Hotel Apartment	Beds 2 B/R	Size 1,900 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1225	Type Hotel Apartment	Beds 3 B/R	Size 1,692 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds Studio	Size 348 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1103	Type Hotel Apartment	Beds Studio	Size 357 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds Studio	Size 358 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds Studio	Size 407 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6306	Type Hotel Apartment	Beds Studio	Size 435 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Hotel Apartment	Beds Studio	Size 522 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

69 unique layouts covering 1,224 units