An elegant pied-à-terre on the banks of the Dubai Canal, AYKON City blends residential luxury with the dynamism of Business Bay — perfect for urban professionals seeking refined city living.
Specification
Full specification for Aykon City — Canal Front
Reference
BB-001
Property type
Apartment
Community
Business Bay
Bedrooms
1
Bathrooms
2
Built-up area
980 sq ft
Price per sq ft
AED 1,684
Floor
Level 28 of 65
Year completed
2021
Developer
DAMAC Properties
Service charge
AED 18 per sq ft a year
Service charge, indicative annual
AED 17,640 a year
What comes with it
Dubai Canal views
Pool & gym
AYKON Icon Club access
Modern kitchen
Covered parking
Indicative transaction costs
Indicative purchase costs on AED 1,650,000
Purchase price
AED 1,650,000
Dubai Land Department transfer fee, 4% of the price
AED 66,000
Agency commission, conventionally 2%
AED 33,000
VAT at 5% on the commission
AED 1,650
Percentage-based costs above the price
AED 100,650
Percentage-based costs only. Fixed DLD administration, title deed and registration trustee fees, plus any bank arrangement and valuation charges, sit on top and should be confirmed with the Dubai Land Department and your lender. The transfer fee is conventionally paid by the buyer and is negotiable — whatever is agreed belongs in the Form F. Fee levels are set by the Dubai Land Department and can be revised.
This guide explains how property transactions work in Dubai. It is general information, not legal, tax or financial advice, and fees and thresholds set by regulation are revised from time to time. Confirm any figure that matters to your decision with the Dubai Land Department, RERA or the relevant federal authority before you commit.
