For sale
AED 1.6M
Apartment
Aykon City — Canal Front
1 bed2 bath980 sq ft
AED 1,650,000View listing
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Area Guide · DubaiFreehold
Business Bay
Downtown adjacency without the Downtown premium
Canal-side towers, offices and a growing residential centre
Sale bandAED 900K — AED 25MStudios from the high six figures; canal-facing penthouses at the top.
Annual rent bandAED 60K — AED 700KAnnual rent across studio to large canal-facing apartments.
TenureFreeholdDesignated freehold; open to all nationalities.
Our live instructions1 for sale · 0 to letRegistered with the Dubai Land Department under Business Bay.
The character of the place
What Business Bay is actually like
A mixed commercial and residential district on the Dubai Water Canal, one interchange south of Downtown. It has matured from a construction site into a genuine neighbourhood, and the canal promenade is the reason people stay.
Who it suits
- Younger professionals and first-time buyers
- Investors after yield rather than trophy value
- Businesses wanting central office space
What it costs
Sale and rent bands, and how to read them
Buying — capital price
AED 900,000 to AED 25,000,000
Studios from the high six figures; canal-facing penthouses at the top.
On top of the price, a Dubai sale carries a Dubai Land Department transfer fee of 4% of the purchase price plus an admin fee. It is customarily paid by the buyer, or split, and it is negotiable only between the parties — not with DLD. Agency commission and 5% VAT on that commission sit alongside it.
Renting — annual rent
AED 60,000 to AED 700,000
Annual rent across studio to large canal-facing apartments.
Dubai quotes rent annually and settles it in one to four cheques; fewer cheques usually buys a lower headline rent. Every tenancy must be registered on Ejari, and what a landlord may add at renewal is governed by the RERA rental index rather than by the landlord alone.
These are indicative ranges for orientation, not valuations. Dubai prices move quickly. Confirm current figures against transacted data and the rental index before you commit.
Check with DLDOwnership
Freehold title, open to every nationality
Designated freehold; open to all nationalities.
Freehold in Dubai is a matter of where the plot sits, not who is buying. Inside a designated freehold area the title is registered in your name at the Dubai Land Department and passes to your estate. Off-plan purchases are registered on the DLD Oqood system and convert to a title deed at handover.
Buying property can support an application for long-term residency under the Golden Visa scheme, which is linked to a stated AED investment threshold. That threshold and its conditions change with policy, so confirm the current position with ICP or GDRFA Dubai before you buy on that basis.
Getting around
Metro, tram and the roads that matter
Business Bay metro station on the Red Line
Al Khail Road and Sheikh Zayed Road both immediate
Water taxi stops on the Dubai Water Canal
Everyday life
Schools, shopping and healthcare
Schooling
Nurseries operate inside the district; school campuses are a short drive away in Al Safa, Al Quoz, Jumeirah and Nad Al Sheba. Nothing here is a walk-to-school arrangement.
Shops and amenities
Bay Avenue and the canal promenade carry the supermarket, gym, pharmacy and cafe layer, and the northern edge of the district is walkable into Downtown for everything else.
Healthcare
Clinics and pharmacies operate at podium level across the district, with hospital cover along Sheikh Zayed Road and in Jumeirah.
School inspection ratings for every Dubai school are published by the Knowledge and Human Development Authority. Check the current rating and the fee structure for any campus yourself before it shapes a purchase.
KHDA school ratingsThe built stock
Towers, developments and what they hold
Typical stock
- Studio to 3-bed apartments
- Serviced and branded residences
- Commercial floors and retail units
What defines the area
- Canal promenade and Marasi waterfront
- Walking distance to Downtown at the northern edge
- Deep supply keeps entry prices reasonable
- Strong office and mixed-use base
Buildings and sub-developments we are instructed in today
Aykon City
DAMAC Properties
Running costs
Service charges and what else you will pay
Quality varies sharply between buildings here. Check the approved service charge and the state of the reserve fund.
There is no annual property tax in Dubai. What owners pay instead is a service charge levied per square foot and set building by building, covering common-area maintenance, insurance, security and the reserve fund. Ask for the approved budget rather than a verbal figure, and check separately whether district cooling is billed inside the charge or metered to you.
Ask before you offer
- The approved service charge per square foot for this building
- Whether chiller is inside the charge or billed separately
- The state of the reserve fund and any planned major works
- Outstanding charges on the unit, which follow the property
Our listings
Available now in Business Bay
For sale — 1
Who covers it
The brokers who work Business Bay
Each of our brokers carries an individual RERA Broker Registration Number and holds one part of the city rather than all of it. You can verify a BRN, and our office ORN, with the Dubai Land Department before you instruct anyone.
Anastasia Volkova
Senior Consultant, Off-Plan and Investment
BRN 46255 · Off-plan launches, Oqood registration and payment plans
Anastasia reads developer payment schedules the way other people read a floor plan. She takes clients through escrow protection, Oqood registration and the realities of assigning a contract before handover rather than after the deposit has gone.
Khalid Bin Sulayem
Head of Commercial and Land
BRN 39864 · Offices, retail units and residential building plots
Khalid handles the side of the business that involves permits: plot acquisitions, design guideline approvals, office fit-out obligations and the difference between a shell-and-core price and what it will actually cost to occupy.
Mei-Ling Chow
Senior Consultant, Leasing
BRN 47510 · Downtown and Business Bay leasing, Ejari registration
Mei-Ling runs the leasing desk and registers every tenancy she places on Ejari. She is direct with tenants about cheque counts and equally direct with landlords about what the RERA rental index will and will not support at renewal.
Compare
Other communities worth a look
Dubai Marina
High-rise living around a man-made waterway
JBR
Sand at one end of the block, retail at the other
Downtown Dubai
Burj Khalifa, the fountain and Dubai Mall on your doorstep
Palm Jumeirah
The island address, from Shoreline flats to Signature villas
Walk Business Bay with someone who already knows it.
We will tell you which stacks get the afternoon glare, which service charges have crept, and where the asking price belongs to the last cycle rather than this one. If the answer is that a different community suits you better, we will say that too.