1-Bedroom Hotel Apartment for Sale in Aykon City Tower B, Business Bay – Sale at OP with DLD Covered

Property Overview

This fully furnished, high-floor 1-bedroom hotel apartment in Aykon City Tower B, Business Bay, is offered at AED 1,200,000. The unit measures 645 sqft with a partial canal and sunset sea view. The agent brief describes this as a distress sale; however, the asking price equals the seller's stated original purchase price of AED 1,200,000, so no price discount is currently evidenced.

Property Highlights

• 1-bedroom hotel apartment, 645 sqft
• High floor
• Partial canal and sunset sea view
• Fully furnished
• Located in Aykon City Tower B (DAMAC Maison Aykon City Hotel Apartments), Business Bay
• Developer: DAMAC Properties
• Ready, completed September 2023

Why the Price Qualifies as a DLD-Covered Deal

The agent brief labels this a distress sale at the original purchase price of AED 1,200,000, which exactly matches the current asking price. A sale at exactly OP is not itself a discount, but this is commonly structured in Dubai resales as the seller covering the buyer's DLD transfer fee (typically around 4%) instead of reducing the price -- effectively the buyer's real saving. This DLD-covered arrangement has not been explicitly confirmed by the agent and must be verified before publication.

About the Project, Developer and Community

Aykon City Tower B, also known as DAMAC Maison Aykon City Hotel Apartments, is a 66- to 80-storey tower by DAMAC Properties within the wider Aykon City masterplan on Sheikh Zayed Road, Business Bay. The tower offers furnished studio to 3-bedroom hotel apartments managed by DAMAC Maison Hotels and Resorts, with amenities including a spa, fitness centre, pools and dining outlets. The building was completed in September 2023.

Layout, Floor and View

The unit is on a high floor with a partial canal and sunset sea view, and comes fully furnished, as stated by the listing agent. No specific bathroom count was supplied in the brief, so this is not stated here and should be confirmed directly with the agent.

Payment Plan and Handover

This is a ready property, so no handover date applies. No payment plan was supplied for this specific unit; buyers should confirm current purchase and transfer terms, as well as any hotel-operator management agreement, directly with the seller or agent.

Location and Connectivity

Aykon City Tower B sits on Sheikh Zayed Road within Business Bay, overlooking the Dubai Canal. Exact distances or commute times to specific landmarks were not supplied and are not stated here to avoid invented figures.

Verification Notes

Unit-specific facts -- price, original purchase price, size, floor level, view, furnishing and hotel-apartment status -- are as stated in the agent's brief and have not been independently verified by DPF. Because the asking price equals the stated original purchase price with no other benchmark supplied, this listing has been mapped to the OP + DLD Covered classification as the closest valid CMS value, on the assumption that the seller is covering the buyer's DLD transfer fee; Shabana should confirm this DLD-coverage arrangement with the agent before publication, since if it is not accurate this listing currently has no evidenced distress angle. Project-level facts about Aykon City Tower B, its developer and Business Bay are drawn from DAMAC Properties' official project materials. This listing remains a draft pending DPF review, deal-type clarification and agent document verification before publication.