Aykon City — Business Bay, Dubai

Aykon City is a landmark mixed-use development by DAMAC Properties rising 63 floors above the iconic Dubai Water Canal in Business Bay. One of the most visually striking additions to Dubai's ever-evolving skyline, this architectural statement is defined by its sweeping glass façade, bold geometric form, and an address that places residents at the very heart of the city's most dynamic business and lifestyle district. With 1,600 residences ranging from thoughtfully designed studios to expansive penthouses, Aykon City caters to a broad spectrum of urban dwellers who refuse to compromise on quality or location. What truly sets Aykon City apart is its exclusive collaboration with Versace Home, bringing the iconic Italian fashion house's legendary aesthetic directly into the interiors of select residences. Think opulent finishes, signature Versace motifs, bespoke furnishings, and a sensory experience that blurs the line between luxury living and high fashion. Canal-facing apartments offer uninterrupted views of the shimmering waterway, the Burj Khalifa, and the glittering Business Bay skyline — a visual spectacle that transforms every day into something extraordinary. Residents enjoy access to a curated suite of world-class amenities including an infinity pool, a fully equipped fitness centre, an indulgent spa, and dedicated concierge services that anticipate every need. The development's podium-level lifestyle facilities and landscaped spaces create a resort-style environment that feels removed from the urban pace below, yet keeps everything within effortless reach. Business Bay itself is one of Dubai's most connected and commercially vibrant districts, bordered by Downtown Dubai and offering walkable access to the Dubai Water Canal promenade. Dining, retail, and entertainment options proliferate across the neighbourhood, making Aykon City a natural choice for professionals, investors, and discerning residents who want to live at the epicentre of modern Dubai.

Developer: DAMAC Properties

Floors: 63

Total units: 1600

Unit sizes: 380 – 6,000 sqft

Amenities: canal views, pool, spa, gym, versace interiors, concierge

Facilities: Infinity swimming pool with canal views, State-of-the-art fitness centre, Luxury spa and wellness centre, Steam room and sauna, Children's play area, Dedicated resident lounge and co-working space, High-speed elevators with smart access control, 24-hour valet parking, Rooftop observation deck, On-site retail and dining at podium level

DRE Advisory: Versace branding adds uniqueness. DAMAC mixed delivery track record; DRE conducts enhanced due diligence pre-sale.

Nearby: Dubai Water Canal Promenade (0.2 km), Burj Khalifa (1.8 km), Dubai Mall (2.0 km), City Walk (2.5 km), Dubai Opera (2.2 km), DIFC Gate (2.8 km)

Residential Building

Aykon City

Business Bay · Dubai · DAMAC Properties

63
Floors
1,600
Total Units
380–6,000
sqft range

About Aykon City

Aykon City is a landmark mixed-use development by DAMAC Properties rising 63 floors above the iconic Dubai Water Canal in Business Bay. One of the most visually striking additions to Dubai's ever-evolving skyline, this architectural statement is defined by its sweeping glass façade, bold geometric form, and an address that places residents at the very heart of the city's most dynamic business and lifestyle district. With 1,600 residences ranging from thoughtfully designed studios to expansive penthouses, Aykon City caters to a broad spectrum of urban dwellers who refuse to compromise on quality or location. What truly sets Aykon City apart is its exclusive collaboration with Versace Home, bringing the iconic Italian fashion house's legendary aesthetic directly into the interiors of select residences. Think opulent finishes, signature Versace motifs, bespoke furnishings, and a sensory experience that blurs the line between luxury living and high fashion. Canal-facing apartments offer uninterrupted views of the shimmering waterway, the Burj Khalifa, and the glittering Business Bay skyline — a visual spectacle that transforms every day into something extraordinary. Residents enjoy access to a curated suite of world-class amenities including an infinity pool, a fully equipped fitness centre, an indulgent spa, and dedicated concierge services that anticipate every need. The development's podium-level lifestyle facilities and landscaped spaces create a resort-style environment that feels removed from the urban pace below, yet keeps everything within effortless reach. Business Bay itself is one of Dubai's most connected and commercially vibrant districts, bordered by Downtown Dubai and offering walkable access to the Dubai Water Canal promenade. Dining, retail, and entertainment options proliferate across the neighbourhood, making Aykon City a natural choice for professionals, investors, and discerning residents who want to live at the epicentre of modern Dubai.

DRE Advisory

Versace branding adds uniqueness. DAMAC mixed delivery track record; DRE conducts enhanced due diligence pre-sale.

Community Feel

Aykon City attracts a cosmopolitan, professionally driven resident base — executives, entrepreneurs, and globally mobile individuals who value design, privacy, and urban connectivity in equal measure. The atmosphere within the development is quietly sophisticated; neighbours share an appreciation for refined interiors and canal-side living without the noise of a purely tourist-facing address. Day-to-day life revolves around the canal promenade, nearby specialty coffee shops, upscale dining along the waterfront, and the seamless blend of work and leisure that defines Business Bay's unique energy.

Investment Outlook

Aykon City presents a compelling investment case anchored by its prime Business Bay location, globally recognised Versace Home branding, and DAMAC's international marketing reach. Canal-facing units command a premium in both sales and rental markets, with gross rental yields in Business Bay typically ranging between 5.5% and 7.5% for studios and one-bedroom apartments — among the stronger yield bands in central Dubai. The Versace-branded interiors add a tangible differentiation factor that sustains pricing power relative to standard Business Bay stock. Demand is driven by a resilient tenant pool of corporate professionals, financial sector employees, and high-net-worth individuals attracted to the canal views and lifestyle credentials. Short-term rental potential is also significant given the building's luxury positioning and proximity to Downtown Dubai. Capital appreciation prospects are supported by the ongoing maturation of Business Bay as a premium urban district and continued infrastructure investment along the Dubai Water Canal corridor. District Real Estate conducts enhanced due diligence on all DAMAC inventory prior to listing, ensuring buyers receive accurate handover timelines and up-to-date unit availability, making the acquisition process transparent and well-informed.

Unit Types Available

Studio
1BR
2BR
3BR
Penthouse
apartmentpenthouse

Amenities

canal views
pool
spa
gym
versace interiors
concierge

Building Facilities

Infinity swimming pool with canal views
State-of-the-art fitness centre
Luxury spa and wellness centre
Steam room and sauna
Children's play area
Dedicated resident lounge and co-working space
High-speed elevators with smart access control
24-hour valet parking
Rooftop observation deck
On-site retail and dining at podium level

Getting Around

Aykon City benefits from outstanding road connectivity via Al Khail Road and Sheikh Zayed Road, placing DIFC within a five-minute drive and Dubai International Airport approximately 15 to 20 minutes away. The nearest Dubai Metro station is Business Bay on the Red Line, reachable within a short drive or a brisk walk. The RTA Water Bus along the Dubai Water Canal provides a scenic alternative commute route. Dubai Mall and Downtown Dubai are under two kilometres away, easily accessible on foot or by road.

Nearby Landmarks

  • Dubai Water Canal Promenade (0.2 km)
  • Burj Khalifa (1.8 km)
  • Dubai Mall (2.0 km)
  • City Walk (2.5 km)
  • Dubai Opera (2.2 km)
  • DIFC Gate (2.8 km)

Nearby Buildings

The Opus by OMNIYAT, Business Bay
DAMAC Towers by Paramount, Business Bay
SLS Dubai Hotel & Residences, Business Bay
Executive Towers, Business Bay
Bayz by Danube, Business Bay

Frequently Asked Questions

Are the Versace Home interiors standard across all units in Aykon City?

The Versace Home-branded interiors are featured in select residences within Aykon City, typically in the signature and premium unit categories. Not every apartment carries the full Versace Home fitout, so buyers should confirm the specific interior specification of their chosen unit with a District Real Estate consultant prior to purchase.

What types of canal views are available, and which floors offer the best vistas?

Canal-facing units are available from the mid-floors upward, with higher floors offering unobstructed panoramic views of the Dubai Water Canal, the Burj Khalifa, and the broader Downtown Dubai skyline. Corner units on elevated floors tend to command the most sought-after views. District Real Estate can advise on specific stacks and orientations based on your preferences.

Is Aykon City a good choice for short-term rental investment?

Yes, Aykon City's luxury positioning, Versace branding, canal views, and proximity to Downtown Dubai make it well-suited for the short-term rental market. Business Bay consistently attracts corporate travellers and high-spending tourists, supporting strong nightly rates. Investors should ensure they obtain the relevant DTCM holiday home permit and engage a reputable property management operator.

What is the current handover status of Aykon City?

Handover details for Aykon City have not been officially confirmed at the time of this listing. District Real Estate conducts enhanced due diligence on all DAMAC projects and will provide buyers with the most current and verified handover information before any purchase commitment is made. We recommend contacting our team directly for the latest project status update.

What are the service charges in Aykon City, and how do they compare to similar buildings in Business Bay?

Service charges at Aykon City reflect the building's premium positioning and extensive amenity offering, typically falling in line with or slightly above the Business Bay average for luxury towers. Charges are regulated and disclosed via the Dubai Land Department's RERA service charge index. District Real Estate can provide a full breakdown of applicable service charges for any unit you are considering, allowing for accurate yield calculations.

Enquire About Aykon City

Our Business Bay specialists have access to current resale inventory, rental listings, and yield data for Aykon City. Let us help you make the right move.

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Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.

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