AYKON CITY 2

Ready

DeveloperDAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C

Community—

AreaBusiness Bay

Started

9 years 6 months ago01-07-2016

Handover

2 years 3 months ago12-10-2023

Status

CompleteFinished

Project Description

project consist of one tower with apartments + retail 3B+G+10p+50F+R+UR

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-2%

Decline

Current:AED 1,913/sqft

Last 12M:AED 1,959/sqft

Momentum: Last 12Mvs Prior Year

Falling

-3%

Decline

Last 12M:AED 1,959/sqft

Prior Year:AED 2,021/sqft

Community Compare: Last 90DUnknown

At Market

Above Avg

Project:AED 1,937/sqft

Community:AED 0/sqft

Liquidity: Last 12MExit Speed

Low

8%Turnover

109Sold (Last 12M)

Supply & Demand Matrix

AYKON CITY 2 averaged 8% liquidity over the last 12 months, which is considered low. 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

206 units

18 sold188 left

Velocity

1 Bedroom

182 units

25 sold157 left

14%

Velocity

2 Bedrooms

546 units

62 sold484 left

11%

Velocity

3 Bedrooms

45 units

4 sold41 left

Velocity

4 Bedrooms

1 units

0 sold1 left

Velocity

Shop

5 units

0 sold5 left

Velocity

Office

385 units

0 sold385 left

Velocity

Layouts & Units (1,371)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 140 units	Type Flat	Beds 2 B/R	Size 817 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 7 days ago	Sales 33

Units 18 units	Type Flat	Beds 2 B/R	Size 879 sqft	Avg Price AED 1.8M	Last Price AED 1.5M	Last Sold 18 days ago	Sales 4

Units 11 units	Type Flat	Beds 1 B/R	Size 578 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 1 month ago	Sales 3

Units 20 units	Type Flat	Beds 3 B/R	Size 1,302 sqft	Avg Price AED 2.4M	Last Price AED 2.2M	Last Sold about 1 month ago	Sales 3

Units 32 units	Type Flat	Beds 2 B/R	Size 947 sqft	Avg Price AED 1.8M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 5

Units 10 units	Type Flat	Beds 1 B/R	Size 577 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 month ago	Sales 2

Units 8 units	Type Flat	Beds Studio	Size 489 sqft	Avg Price AED 878K	Last Price AED 880K	Last Sold about 1 month ago	Sales 4

Units 30 units	Type Flat	Beds 2 B/R	Size 897 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 2 months ago	Sales 6

Units 35 units	Type Flat	Beds 1 B/R	Size 544 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold about 2 months ago	Sales 4

Units 36 units	Type Flat	Beds 1 B/R	Size 563 sqft	Avg Price AED 1.1M	Last Price AED 920K	Last Sold about 2 months ago	Sales 11

Units 90 units	Type Flat	Beds 2 B/R	Size 812 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold about 2 months ago	Sales 14

Units 44 units	Type Flat	Beds 2 B/R	Size 805 sqft	Avg Price AED 1.6M	Last Price AED 1.5M	Last Sold 2 months ago	Sales 6

Units 21 units	Type Flat	Beds 2 B/R	Size 857 sqft	Avg Price AED 1.8M	Last Price AED 1.5M	Last Sold 2 months ago	Sales 4

Units 14 units	Type Flat	Beds 2 B/R	Size 898 sqft	Avg Price AED 1.6M	Last Price AED 1.5M	Last Sold 3 months ago	Sales 2

Units 45 units	Type Flat	Beds Studio	Size 427 sqft	Avg Price AED 858K	Last Price AED 1.2M	Last Sold 3 months ago	Sales 8

Units 4 units	Type Flat	Beds 2 B/R	Size 703 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold 4 months ago	Sales 1

Units 48 units	Type Flat	Beds 1 B/R	Size 532 sqft	Avg Price AED 1.2M	Last Price AED 1.0M	Last Sold 4 months ago	Sales 13

Units 33 units	Type Flat	Beds 2 B/R	Size 953 sqft	Avg Price AED 1.8M	Last Price AED 1.6M	Last Sold 5 months ago	Sales 4

Units 46 units	Type Flat	Beds Studio	Size 446 sqft	Avg Price AED 919K	Last Price AED 900K	Last Sold 5 months ago	Sales 11

Units 39 units	Type Flat	Beds Studio	Size 410 sqft	Avg Price AED 929K	Last Price AED 850K	Last Sold 5 months ago	Sales 6

Units 7 units	Type Flat	Beds 2 B/R	Size 877 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 6 months ago	Sales 1

Units 24 units	Type Flat	Beds 1 B/R	Size 539 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold 7 months ago	Sales 3

Units 17 units	Type Flat	Beds 2 B/R	Size 825 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold 7 months ago	Sales 3

Units 25 units	Type Flat	Beds Studio	Size 449 sqft	Avg Price AED 861K	Last Price AED 825K	Last Sold 7 months ago	Sales 7

Units 15 units	Type Flat	Beds Studio	Size 396 sqft	Avg Price AED 880K	Last Price AED 880K	Last Sold 8 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,645 sqft	Avg Price AED 3.1M	Last Price AED 3.5M	Last Sold 9 months ago	Sales 2

Units 3413	Type Flat	Beds 2 B/R	Size 942 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 10 months ago	Sales 1

Units 30 units	Type Flat	Beds 2 B/R	Size 822 sqft	Avg Price AED 1.6M	Last Price AED 1.5M	Last Sold 11 months ago	Sales 8

Units 42 units	Type Flat	Beds 2 B/R	Size 802 sqft	Avg Price AED 950K	Last Price AED 950K	Last Sold 12 months ago	Sales 1

Units 17 units	Type Flat	Beds Studio	Size 404 sqft	Avg Price AED 873K	Last Price AED 900K	Last Sold 12 months ago	Sales 2

Units 25 units	Type Flat	Beds 3 B/R	Size 1,303 sqft	Avg Price AED 2.5M	Last Price AED 2.6M	Last Sold 12 months ago	Sales 4

Units 15 units	Type Flat	Beds 2 B/R	Size 830 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 1

Units cancel - 3225(Under Cancellation)	Type Flat	Beds —	Size 337 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 2	Type Shop	Beds —	Size 616 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 1	Type Shop	Beds —	Size 663 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 4	Type Shop	Beds —	Size 861 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 3	Type Shop	Beds —	Size 908 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 5	Type Shop	Beds —	Size 2,753 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6009	Type Flat	Beds 1 B/R	Size 477 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 499 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 1 B/R	Size 556 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Flat	Beds 1 B/R	Size 561 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5911	Type Flat	Beds 1 B/R	Size 810 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1106	Type Flat	Beds 2 B/R	Size 794 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5909	Type Flat	Beds 2 B/R	Size 974 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5910	Type Flat	Beds 2 B/R	Size 984 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5902	Type Flat	Beds 2 B/R	Size 1,473 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5901	Type Flat	Beds 2 B/R	Size 1,483 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6101	Type Flat	Beds 4 B/R	Size 17,552 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6001	Type Flat	Beds Studio	Size 370 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3004	Type Flat	Beds Studio	Size 418 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2707	Type Flat	Beds Studio	Size 437 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds Studio	Size 486 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5906	Type Flat	Beds Studio	Size 529 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 26 units	Type Office	Beds —	Size 746 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 25 units	Type Office	Beds —	Size 765 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 51 units	Type Office	Beds —	Size 1,313 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 26 units	Type Office	Beds —	Size 1,712 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 25 units	Type Office	Beds —	Size 1,713 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 26 units	Type Office	Beds —	Size 1,768 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 51 units	Type Office	Beds —	Size 1,902 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 26 units	Type Office	Beds —	Size 1,937 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 51 units	Type Office	Beds —	Size 2,024 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 26 units	Type Office	Beds —	Size 3,493 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 25 units	Type Office	Beds —	Size 3,591 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 25 units	Type Office	Beds —	Size 3,705 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6501	Type Office	Beds —	Size 6,771 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6401	Type Office	Beds —	Size 11,507 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

68 unique layouts covering 1,371 units