Aykon City Apartments in Dubai Water Canal by Damac Properties

Aykon City is a prestigious residential complex comprising two distinct sub-communities: Aykon City East and Aykon City West. This premium project is prominently situated along Dubais central highway, Sheikh Zayed Road, in the bustling Business Bay district. Designed by ACASA Architects & Engineering Consultants and developed by DAMAC Properties, Aykon City offers a blend of luxurious living and modern amenities.

Aykon City East

Aykon City East consists of four towers, namely Tower A, Tower B, Tower C, and Tower D. These towers are positioned in the eastern section of Aykon City. Construction of this sub-community commenced in the summer of 2016 and was successfully completed by the end of 2021. The towers are interconnected by the Aykon Plaza platform, which provides views of the Aykon Dare tourist attraction. Aykon City East offers a range of facilities, including a large swimming pool, a luxury spa, a beach club, cafes, restaurants, and outdoor spaces for activities like yoga and Tai-Chi.

Aykon City West

Aykon City West features two towers: Tower 1 and Tower 2. Tower 1 is a 34-story Damac Hotel, completed in 2020. Tower 2 is a 30-story residential complex offering luxury apartments with one, two, and three bedrooms. The entire Aykon City complex is safeguarded by a private security company, ensuring round-the-clock security.

Property Offerings

Aykon City offers a diverse range of real estate options, including hotel apartments, private residences, and office spaces. The towers offer captivating views of Sheikh Zayed Road, Safa Park, and Dubai Canal. Currently available for purchase are studios and apartments with 1-3 bedrooms, with property sizes ranging from 40 sqm to 153 sqm. Prices start from AED 796,000 (USD 217,000).

Location and Accessibility

Aykon City enjoys a strategic location adjacent to the picturesque Safa Park. It takes approximately 10 minutes to reach prominent destinations like Dubai Mall, City Walk, and BoxPark. Additionally, its about 15 minutes away from Palm Jumeirah and Burj Al Arab, and 20 minutes from The Walk JBR. Dubai International Airport is roughly a 30-minute drive away, while the new Al Maktoum International Airport can be reached in about 45 minutes.

Nearby Attractions

Within a 10-minute drive, residents have access to several attractions, including Dubai Bowling Center, Bay Avenue Mall & Park, Dubai Opera House, Souk Al Bahar Market, Dubai Ice Rink, and Mercato Beach (3.7 km away).

Investment Potential

Aykon City stands out as a remarkable project by DAMAC Properties. Its prime location, excellent transport links, and proximity to cultural attractions and business centers make it appealing to families and business professionals alike. The property holds potential for comfortable living as well as long-term investment. Rental properties in Aykon City have the potential to yield up to 5.08% per annum, with the average annual rent for one-bedroom apartments being AED 82,000 (USD 22,300).