- Type
- Hotel apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Built-up area
- 791 sqft
- Price per sqft
- 1,263 AED
- Handover
- Q3 2023
32% below the typical Business Bay · hotelApartment · 1BR · SALE
Cheaper than 94% of the 17 comparable listings we hold
Compared per square foot against 17 live listings: Business Bay · hotelApartment · 1BR · SALE. Median and quartiles, not averages.
What this property actually returns
Gross yield
10.5%
Net yield · Estimate
7.4%
What reaches you in a year
At these figures the net income returns the outlay in about 13.6 years.
- Rent collected, after vacancy
- 102,825 AED
- Service charge
- −14,238 AED
- Management
- −5,141 AED
- Maintenance allowance
- −5,141 AED
Not included: mortgage interest, income tax in your own country, furnishing, the DEWA deposit, and any special assessment the building levies. Rents here are quoted yearly and usually paid in one to four cheques.
Rates and thresholds last reviewed 2026-08-18. They change — we confirm the current ones before you commit.
Does this property qualify for the golden visa?
This does not clear it yetEstimate
Qualifying value in your name
- The threshold is 2,000,000 AED of qualifying value — this is 1,001,000 AED short.
This checks the property route only, and it is not legal advice. Other routes (salary, entrepreneurship, specialised talent) have their own tests, and every application is assessed on the file as submitted.
Rates and thresholds last reviewed 2026-08-18. They change — we confirm the current ones before you commit.
Property details
- Type
- Hotel apartment
- Purpose
- For sale
- Bedrooms
- 1
- Bathrooms
- 1
- Built-up area
- 791 sqft (73 m²)
- Furnishing
- Furnished
- Completion
- Ready to move in
- Handover
- Q3 2023
- Developer
- Damac Properties
- Project
- Aykon City - Tower B
- Building
- Aykon City Tower B
Amenities
- Balcony
- Barbecue area
- Built-in wardrobes
- Central A/C
- Concierge
- Covered parking
- Gym
- Swimming pool
- 24/7 security
- Spa
Description
A rare opportunity to own a fully managed serviced apartment in DAMAC Akon City Tower B, offering passive income and hassle-free ownership in one of Dubai's most recognizable developments. Located on a high floor, this fully furnished apartment spans 791 sqft and features a private balcony with breathtaking panoramic views of the Dubai skyline. Designed for both comfort and investment performance, the property is professionally managed and already generating income for its owner. Property Features: • Size: 791 sqft • High Floor • Private Balcony • Panoramic City View • Fully Furnished • Serviced Apartment • Professionally Managed • Income-Generating Asset • Premium Finishes This apartment is part of a hotel-style management program, allowing owners to enjoy regular passive income without dealing with tenants, maintenance, or day-to-day operations. The professional management team handles all aspects of leasing and operations, making it an ideal turnkey investment. Strategically located on Sheikh Zayed Road, DAMAC Akon City offers excellent connectivity to Downtown Dubai, Business Bay, DIFC, Dubai Marina, City Walk, and Dubai International Airport. Residents and guests benefit from a wide range of lifestyle amenities, hospitality services, retail outlets, restaurants, fitness facilities, and leisure spaces. Whether you are an investor seeking stable returns or looking to diversify your portfolio with a professionally managed asset, this property offers an exceptional combination of location, convenience, and passive income potential.
Location
Aykon City Tower B, Aykon City, Business Bay, Dubai
The pin is approximate and reflects the property's area.
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