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AYKON CITY 2

by DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreehold

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 1.45M

PSF

AED 1,794/sqft

Sales 12M

vs Area

+4.2%

Asset Turnover

ⓘ

2.5%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

1,371

Avg Unit Size

1105 sqft

Studio

15.0%

3BR

3.3%

0.4%

2BR

39.8%

Office

28.1%

1BR

13.3%

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	63.4% 45 sold	1.58	🔥 HIGH DEMAND
Office	28.2% 385 units	0.0% 0 sold	—	🚫 GHOST UNIT
Studio	15.1% 206 units	15.5% 11 sold	1.03	✓ BALANCED
1BR	13.3% 182 units	15.5% 11 sold	1.17	✓ BALANCED
3BR	3.3% 45 units	5.6% 4 sold	1.70	🔥 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 Aug 2026	BUSINESS BAY	2BR	AED 1.49M	AED 1,558/sqft	Ready	Freehold
13 Aug 2026	BUSINESS BAY	2BR	AED 1.50M	AED 1,591/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
13 Mar 2026	BUSINESS BAY	Studio	AED 985K	AED 2,309/sqft	Ready	Freehold
9 Mar 2026	BUSINESS BAY	Studio	AED 474K	AED 1,937/sqft	Ready	Freehold
28 Feb 2026 Published 2 Mar 2026	BUSINESS BAY	2BR	AED 1.63M	AED 1,722/sqft	Ready	Freehold
25 Feb 2026	BUSINESS BAY	2BR	AED 1.40M	AED 1,561/sqft	Ready	Freehold
20 Feb 2026	BUSINESS BAY	Studio	AED 830K	AED 2,036/sqft	Ready	Freehold
16 Feb 2026	BUSINESS BAY	2BR	AED 1.43M	AED 1,761/sqft	Ready	Freehold
12 Feb 2026	BUSINESS BAY	2BR	AED 1.35M	AED 1,690/sqft	Ready	Freehold
11 Feb 2026	BUSINESS BAY	2BR	AED 2.18M	AED 2,656/sqft	Ready	Freehold
5 Feb 2026	BUSINESS BAY	2BR	AED 1.70M	AED 2,091/sqft	Ready	Freehold
4 Feb 2026	BUSINESS BAY	2BR	AED 1.35M	AED 1,690/sqft	Ready	Freehold
30 Jan 2026	BUSINESS BAY	2BR	AED 2.00M	AED 2,459/sqft	Ready	Freehold
30 Jan 2026 Published 2 Feb 2026	BUSINESS BAY	2BR	AED 1.50M	AED 1,832/sqft	Ready	Freehold