Aykon City on Sheikh Zayed Road by the Dubai Canal

Aykon City at a glance

Safa Park intersection, Sheikh Zayed Road: where Aykon City stands

At launch, Khaleej Times placed Aykon City on both sides of Sheikh Zayed Road at the Safa Park intersection, near the Dubai Canal (20 February 2016). DAMAC's Tower B release of November 2020 located it next to Downtown Dubai, near the Burj Khalifa and Dubai Mall, and all three Aykon files carry Business Bay as their location in the DLD register.

AYKON Plaza is the podium level DAMAC describes for dining, retail and leisure.

Six towers announced in 2016, Tower B and Tower C on sale today

The 2016 plan, worth Dh7.4 billion and shared with Meraas Holding, was six towers due in 2021: an 80 storey hotel and residences, a 63 storey DAMAC Maison serviced residence, a 60 storey apartment tower, a 65 storey office tower and two 30 floor towers with car lifts (Khaleej Times, 20 February 2016). DAMAC now markets two of them by name, Tower B and Tower C.

• Tower B: structure completed in 2020 at 53 storeys and 246 metres, with 1,218 units, including 138 two and 45 three bedroom apartments (DAMAC release, reported 3 November 2020); sold as serviced apartments, handover Q3 2023.
• Tower C, The Residence: 62 floors, 48 of them residential, over a ten level podium; China State Construction Engineering won the 512 million dirham civil works contract (Arabian Business, 1 September 2018). DAMAC lists studios to three bedrooms and no handover date.

Three Aykon files in the DLD register, one of them still under construction

The register does not say which tower sits behind each file, and its unit counts do not match DAMAC's tower figures exactly, so NAHY goes by the project number on the seller's title deed or Oqood. Every file has more transactions than units, so resales are inside these counts. Aykon City 3, escrowed with Emirates NBD, is the only Aykon file still building in the DLD data NAHY uses, and one of three active Business Bay files declared for 2027, with One River Point and Onda by Kasco.

A ready serviced apartment or a contract in Aykon City 3

DAMAC's for-sale pages, read on 11 November 2026, showed Tower B studios of up to 517 sq ft, one bedrooms up to 873 sq ft, two bedrooms up to 1,326 sq ft and three bedrooms up to 1,704 sq ft, each marked Ready, with no count of what remains; Tower C showed its price on request. NAHY asks DAMAC what it can allocate and sets it beside owner resales:

1. A ready unit: the title deed, the service charge account and any rental arrangement tied to a serviced apartment.
2. A contract in Aykon City 3: the Oqood, the instalments paid into escrow, the balance due and DAMAC's no objection certificate.
3. Both routes: the DLD project number, matched to the right file.

Business Bay leases, and DAMAC towers listed nearby

Ejari registered 15,023 rent contracts in Business Bay in the last 12 complete months of data, at a median of AED 89,250 a year: 4,082 studios at AED 65,000, 6,843 one bedrooms at AED 85,000, 3,133 two bedrooms at AED 130,000 and 740 three bedrooms at AED 187,750. NAHY does not forecast returns; investors who write to +971 55 650 7737 receive recent leases for the unit type in question.

DAMAC's three bedroom for-sale page also listed off-plan DAMAC towers in the same part of the city: Canal Heights (handover Q2 2028), Canal Heights 2 (Q3 2028) and Couture by Cavalli (Q4 2028) in Business Bay, and Safa Gate on Sheikh Zayed Road (Q4 2029).

Aykon City: questions buyers ask

Where is Aykon City in Dubai?

On Sheikh Zayed Road at the Safa Park intersection, beside the Dubai Canal, registered with the DLD in Business Bay.

Is Aykon City ready?

Partly. The DLD shows Aykon City and Aykon City 2 finished in August and October 2023, and DAMAC gives Tower B's handover as Q3 2023. Aykon City 3 was 31.35% built at its last inspection.

When will Aykon City Tower C be completed?

DAMAC's Tower C page gives no date, and the register does not say which file holds Tower C: Aykon City and Aykon City 2 were finished in 2023, and Aykon City 3 declares 30 December 2027. NAHY matches the unit's DLD project number before you pay.

How many floors does Aykon City Tower B have?

53 storeys and 246 metres, with 1,218 units, according to DAMAC's release on the completed structure in November 2020.

What apartments are in Aykon City?

Studios to three bedrooms in both towers; in Tower B, DAMAC lists serviced studios of up to 517 sq ft and three bedrooms of up to 1,704 sq ft.

Can I still buy an Aykon City apartment from DAMAC?

DAMAC's pages marked Tower B units Ready and showed Tower C on request on 11 November 2026, without a unit count. NAHY asks DAMAC and checks owner resales on WhatsApp at +971 55 650 7737.

How do I get Aykon City prices and floor plans?

Message NAHY on WhatsApp at +971 55 650 7737 with the tower and unit type; NAHY sends DAMAC's current offer and owner offers side by side.

Sources

• Dubai Land Department project register: Aykon City (1726), Aykon City 2 (1746) and Aykon City 3 (2200), data to 29 October 2026
• Dubai Land Department transactions and Ejari rent contracts for Business Bay, data to 29 October 2026
• DAMAC Properties, AYKON City, Tower B and Tower C pages and three bedroom for-sale page, read 11 November 2026
• DAMAC press release on the Tower B structure, reported by Middle East Construction News, 3 November 2020
• Khaleej Times, Dh7.4 billion Aykon City launched, 20 February 2016
• Arabian Business, DAMAC awards contract for Aykon City Tower C, 1 September 2018