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AYKON CITY 2

by DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy

Development & Handover Profile

✓ Handover Complete

Construction Progress100.0%

Project Start

Jul 1, 2016

Expected Handover

Oct 12, 2023

Official Status

FINISHED

Total Units

1,371

Avg Unit Size

1105 sqft

Freehold Ratio

72%

Escrow Agent

Abu Dhabi Commercial Bank

Median Price

AED 1.34M

PSF

AED 1,844/sqft

Sales 12M

vs Area

-3.5%

Asset Turnover

ⓘ

1.6%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

1,371

Avg Unit Size

1105 sqft

3BR

3.3%

Studio

15.0%

0.4%

2BR

39.8%

1BR

13.3%

Office

28.1%

4BR+

0.1%

Room Configuration

Unit Type	Count	Share
2BR	546	39.8%
Office	385	28.1%
Studio	206	15.0%
1BR	182	13.3%
3BR	45	3.3%
NA	6	0.4%
4BR+	1	0.1%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit Type	Inventory Share	Sales Share (12M)	Demand Index	Status
2BR	40.0% 546 units	61.8% 42 sold	1.54	🔥 HIGH DEMAND
Office	28.2% 385 units	0.0% 0 sold	—	🚫 GHOST UNIT
Studio	15.1% 206 units	19.1% 13 sold	1.26	🔥 HIGH DEMAND
1BR	13.3% 182 units	11.8% 8 sold	0.89	✓ BALANCED
3BR	3.3% 45 units	7.4% 5 sold	2.24	🔥 HIGH DEMAND
4BR+	0.1% 1 units	0.0% 0 sold	—	⚠️ STAGNANT

Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
13 Oct 2026	BUSINESS BAY	Studio	AED 840K	AED 1,969/sqft	Ready	Freehold
3 Oct 2026 Published 5 Oct 2026	BUSINESS BAY	Studio	AED 780K	AED 1,607/sqft	Ready	Freehold
2 Oct 2026 Published 5 Oct 2026	BUSINESS BAY	2BR	AED 1.44M	AED 1,770/sqft	Ready	Freehold
1 Oct 2026	BUSINESS BAY	1BR	AED 940K	AED 1,765/sqft	Ready	Freehold
28 Sep 2026	BUSINESS BAY	3BR	AED 2.04M	AED 1,569/sqft	Ready	Freehold
25 Sep 2026	BUSINESS BAY	2BR	AED 1.52M	AED 1,606/sqft	Ready	Freehold
24 Sep 2026	BUSINESS BAY	2BR	AED 1.32M	AED 1,653/sqft	Ready	Freehold
14 Sep 2026 Published 15 Sep 2026	BUSINESS BAY	2BR	AED 2.14M	AED 2,618/sqft	Ready	Freehold
10 Sep 2026	BUSINESS BAY	2BR	AED 1.30M	AED 1,602/sqft	Ready	Freehold
7 Sep 2026 Published 8 Sep 2026	BUSINESS BAY	2BR	AED 1.77M	AED 2,182/sqft	Ready	Freehold
2 Sep 2026	BUSINESS BAY	Studio	AED 850K	AED 1,904/sqft	Ready	Freehold
25 Aug 2026	BUSINESS BAY	2BR	AED 1.40M	AED 1,560/sqft	Ready	Freehold
13 Aug 2026	BUSINESS BAY	2BR	AED 1.50M	AED 1,591/sqft	Ready	Freehold
13 Aug 2026	BUSINESS BAY	2BR	AED 1.49M	AED 1,558/sqft	Ready	Freehold
6 Aug 2026	BUSINESS BAY	2BR	AED 1.51M	AED 1,848/sqft	Ready	Freehold
4 Aug 2026	BUSINESS BAY	2BR	AED 1.48M	AED 1,821/sqft	Ready	Freehold
3 Aug 2026	BUSINESS BAY	2BR	AED 1.28M	AED 1,582/sqft	Ready	Freehold
2 Jul 2026	BUSINESS BAY	Studio	AED 717K	AED 1,601/sqft	Ready	Freehold
30 Jun 2026	BUSINESS BAY	1BR	AED 880K	AED 1,562/sqft	Ready	Freehold
22 Jun 2026	BUSINESS BAY	3BR	AED 2.48M	AED 1,904/sqft	Ready	Freehold
9 Jun 2026	BUSINESS BAY	2BR	AED 1.50M	AED 1,671/sqft	Ready	Freehold
15 May 2026	BUSINESS BAY	2BR	AED 1.30M	AED 1,576/sqft	Ready	Freehold
14 May 2026	BUSINESS BAY	2BR	AED 1.27M	AED 1,596/sqft	Ready	Freehold
12 May 2026 Published 13 May 2026	BUSINESS BAY	1BR	AED 950K	AED 1,784/sqft	Ready	Freehold
23 Apr 2026	BUSINESS BAY	Studio	AED 940K	AED 2,199/sqft	Ready	Freehold
9 Apr 2026	BUSINESS BAY	2BR	AED 2.37M	AED 2,899/sqft	Ready	Freehold
6 Apr 2026	BUSINESS BAY	2BR	AED 1.46M	AED 1,812/sqft	Ready	Freehold
25 Mar 2026	BUSINESS BAY	2BR	AED 1.45M	AED 1,801/sqft	Ready	Freehold
18 Mar 2026 Published 19 Mar 2026	BUSINESS BAY	Studio	AED 900K	AED 2,016/sqft	Ready	Freehold
18 Mar 2026	BUSINESS BAY	2BR	AED 1.44M	AED 1,774/sqft	Ready	Freehold