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Damac Properties · Business Bay

Aykon City 3

Handover Q4 2027Plan 20/55/25
Brochure
Starting price
AED 650K
From Studio
Price / sqft
308
AED, derived from PropertyFinder unit data
Rental yield
6.2%
gross p.a., Business Bay avg
Capital appreciation
+7%
to handover (1.7y)
Popularity
0/100
demand index

About this project

Aykon City 3 is a residential tower by Damac Properties in Business Bay, offering studios and 1, 2, and 3-bedroom apartments along Sheikh Zayed Road with views of the Dubai Canal. The project is scheduled for completion in December 2027, with starting prices from AED 650,000.

Location and Connectivity

The development sits along Sheikh Zayed Road in Business Bay, providing direct access to Downtown Dubai, DIFC, and the Burj Khalifa area. Business Bay Metro Station is nearby, and Dubai International Airport is approximately 15 minutes by car. Residents can walk to Dubai Mall, City Walk, and Box Park.

Design and Features

Units include floor-to-ceiling windows, smart home systems, and energy-efficient features. Common areas include an infinity pool overlooking the canal, a fitness center, landscaped gardens, and children's play areas. The tower offers 24/7 concierge, valet parking, high-speed elevators, and on-site retail and dining options.

Investment Profile

The payment plan is structured as 20% down payment, 55% during construction in installments, and 25% on handover. Business Bay's central location and the developer's track record support rental demand and resale potential for investors and owner-occupiers alike.

Indoor Swimming Pool
Landscaped Gardens
Gymnasium
Security
Barbecue Area
Children's Pool
Children's Play Area
Infinity Pool
24/7 Concierge
Valet Parking
Car Wash Services
High-Speed Elevators
Smart Access Control
Retail Outlets
Dining Options
Business Center

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment
Buildings
1
Expected completion
30 Dec 2027

Project timeline

  1. Booking Started
    10 Dec 2019 · completed
  2. Construction Started
    11 Dec 2019 · completed
  3. Expected Completion
    30 Dec 2027

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

What is the starting price for Aykon City 3?
The minimum price to purchase a unit at Aykon City 3 is AED 650,000. This entry price applies to studio and apartment options in the Business Bay tower.
How does the payment plan work for Aykon City 3?
Buyers pay 20% as a down payment at launch, 55% in ten installments during construction, and the final 25% on handover in December 2027. This structure spreads payments across the build period.
Is Aykon City 3 a good investment?
Aykon City 3 is located on Sheikh Zayed Road in Business Bay, with access to DIFC, Downtown Dubai, and the Dubai Canal. The tower includes modern apartments, canal views, and amenities such as an infinity pool and fitness center. The central location supports rental demand and appeals to both investors and end users.
Who is developing Aykon City 3?
Aykon City 3 is developed by Damac Properties, a real estate company known for luxury residential and mixed-use projects in the region.
When will Aykon City 3 be completed?
The project is scheduled for handover in December 2027. Buyers can plan their investment or move-in timeline based on this completion date.