Aykon City

ABOUT

NEIGHBORHOOD

TRANSPORTATION

EDUCATION

SOCIAL AND CULTURAL FACILITIES

COST OF LIVING

OVERVIEW

REAL ESTATE MARKET

TYPES OF HOUSING

About Aykon City

Aykon City is a shining example of luxury and modernism tucked away in Dubai's bustling city. This stunning architectural wonder embodies luxury living with its harmonic fusion of modern technology, elegant architecture, and breath-taking views of the Arabian Gulf's glittering waters and the metropolitan skyline. Aykon City redefines urban living with its iconic buildings in Dubai, first-rate amenities, and unmatched attention to detail. It offers residents and guests an unmatched experience of elegance and refinement against the vibrant backdrop of Dubai's multicultural scene.

IN A NUTSHELL:

• Featuring upscale apartments and hotels, known for its sophisticated accommodations and amenities
• Situated near Sheikh Zayed Road, close to iconic landmarks like Burj Khalifa and Dubai Mall
• Comprises several towers, including Aykon City Tower B and C, each offering stunning views and a range of residential options in Dubai
• Surrounded by prestigious neighborhoods like Business Bay and Dubai International Financial District
• Provides easy access to Safa Park, Dubai Creek, and Dubai Canal Walk, offering various recreational and leisure activities

Here is a list of attractions near Aykon City in Dubai:

• Bay Avenue Mall & Park: This waterfront development offers a mix of high-end shopping, dining, and entertainment options, along with a scenic park with walking and cycling paths.
• Safa Park: One of the largest urban parks in Dubai, Safa Park is a popular spot for picnics, barbecues, and outdoor activities. It also features a children's zoo, a lake, and a planetarium.
• The Track Meydan Golf: This world-class golf course offers stunning views of the Dubai skyline and Meydan Racecourse. It's a challenging course for experienced golfers, but there are also shorter options for beginners.
• City Walk: This open-air lifestyle destination is home to a variety of shops, restaurants, and cafes, as well as art galleries and entertainment venues. It's a great place to people-watch and soak up the atmosphere.

Transportation

Aykon City offers a wide variety of transportation choices that satisfy the needs of those seeking both contemporary ease and historic elegance. Dubai Metro provides direct access to the city's vibrant center from Business Bay Station, whisking locals and tourists to important locations. For individuals looking for a little extra luxury, there are stylish limousines and ride-hailing applications that offer door-to-door service. Take a picturesque journey down the Dubai Canal on the boat that leaves from the Sheikh Zayed Road Marine Transport Station for a truly unique experience. For shorter excursions, hire bicycles and ride the designated bike lanes throughout the city, or take a traditional abra—a wooden boat that travels the Dubai Creek. The transportation system in Aykon City guarantees a comfortable and entertaining trip, regardless of your preferences for comfort, speed, or a little local flavor.

Education

Numerous educational facilities serving various age groups and academic needs can be found in Aykon City. Within the city are reputable international schools with varied extracurricular activities and excellent curricula, such as Jumeirah International School and Kings' College Dubai. The field of early childhood education is also well-represented, with kindergartens and nurseries offering caring settings for young students, such as Raffles Nursery and Kids World Nursery. Furthermore, Middlesex University Dubai, a distinguished establishment providing a variety of undergraduate and graduate degrees in numerous subjects, is located in Aykon City. Middlesex University Dubai equips students with the abilities and knowledge required to prosper in the modern, globalized world by emphasizing creativity and entrepreneurship.

Social and Cultural Facilities

Beyond just its breathtaking architecture, Aykon City has a thriving social and cultural environment. Both locals and guests can immerse themselves in a wide range of experiences that suit a variety of interests. Relax in the beautifully designed gardens on the podium level, which are ideal for long walks and neighborhood get-togethers. In the designated gallery areas, art fans can enjoy carefully curated shows, while aspiring artists can refine their techniques in seminars.

With its expansive views of the city, the resident-only club lounge offers a sophisticated setting for networking and socializing. In addition to a specialized children's play area, the state-of-the-art gymnasium is a great place for fitness aficionados to get some energy out. Cultural treasures abound in the vicinity as well, including the famous Dubai Opera House and the old Al Fahidi Historical Neighborhood. Enjoying top-notch dining at local eateries or seeing an enthralling show, Aykon City provides an unrivaled setting for meeting people and learning about different cultures.

Cost of Living

Although living in Aykon City, Dubai, is undoubtedly opulent, it isn't inexpensive. Expect exorbitant housing costs in Aykon City, with studios starting at AED 796,000 and larger units going up to AED 3,000,000, all nestled in the famous Business Bay. A little more affordable option is to rent in Aykon City; studios start at about AED 80,000 per year, but be aware that costs will increase depending on amenities, size, and views. The affluent atmosphere of the region is reflected in the prices of groceries and dining out. Even if it's efficient, transportation requires ride-hailing services or taxis, which raises the monthly cost. On the other hand, homeowners enjoy first-rate amenities at their door, such as a gorgeous infinity pool, upscale stores, and exquisite dining. In the end, selecting Aykon City is committing to an opulent way of life that comes with a hefty price tag.

Finding the perfect Aykon City home is a collaborative process with Vartur Real Estate, whose knowledge guarantees that every detail of your search is completed accurately and to your satisfaction.

Overview

Aykon City is a lively city in the heart of Dubai, rising over Sheikh Zayed Road. Only a short distance from Business Bay and the Dubai International Financial District, this upscale address is tucked away next to the famous Burj Khalifa and Dubai Mall. This sought-after location, which has Dubai Creek whispering close by, combines stylish city living with breathtaking waterfront views, making it a top choice for both luxury living and exploration.

Real Estate Market

Housing and rental prices

Aykon City, a luxurious mixed-use development in Dubai's prime Business Bay, boasts premium residences with sky-high prices to match. As of February 2024, rental listings range from studios starting at around AED 85,000 per year to sprawling 3-bedroom units exceeding AED 160,000 annually. Expect these figures to vary depending on factors like size, floor plan, view, and included amenities. Owning a piece of this prestigious address comes at an even steeper cost, with apartments generally listed for sale, not rent. While specific sale prices are harder to come by, expect them to climb considerably higher than rental figures. Remember, these are just starting points, and the exact cost can fluctuate based on market conditions and negotiation. Be sure to consult with reputable property agencies for the most up-to-date information and personalized guidance on navigating Aykon City's high-end housing market.

What has been the district property price trend in recent years? What are the predictions for the future of this trend?

Aykon City has become a top choice for real estate investors in Dubai looking for opulent lifestyle and high returns in recent years. The demand for real estate in Aykon City has significantly increased due to its iconic skyline and first-rate amenities. Due to its advantageous location, creative architectural style, and unmatched lifestyle options, the development has drawn interest from both domestic and foreign buyers, solidifying its standing as the area's top real estate destination. Aykon City is a sought-after investment opportunity in Dubai's thriving real estate market because it epitomizes the pinnacle of modern urban living, from opulent residential towers to premium retail stores and recreational facilities.

Which are the most popular and valuable areas in the district?

Some of the must-visit locations near Aykon City:

The Uptown Park District: This new district is home to a variety of shops, restaurants, and cafes. It is also home to the Dubai International Financial Centre (DIFC), which is a major financial hub in the Middle East.

The Dubai Canal: The Dubai Canal is a man-made waterway that runs through the heart of Aykon City. It is a popular spot for boating, kayaking, and stand-up paddleboarding.

The Aykon Tower: This iconic skyscraper is the centerpiece of Aykon City and offers stunning views of the Dubai skyline. It features luxury apartments, a five-star hotel, and a world-class observation deck.

Types of Housing

You can find these common types of properties in Aykon City:

Studios: Compact living spaces ideal for singles or couples, offering stunning city views and modern amenities.

Apartments: Apartments in Aykon City are perfect for young professionals or couples, providing a comfortable and luxurious living area.

Duplexes: Unique layouts with two levels, offering additional living space and privacy, ideal for larger families or those seeking a distinct living experience.

Serviced Residences: Fully furnished and managed apartments with hotel-style services like housekeeping and concierge, perfect for short-term stays or investors seeking rental income.

With Vartur Real Estate, navigating the wide range of Aykon City properties is a breeze because their experienced agents offer individualized recommendations and perceptive counsel based on your needs.