Mar 01 2016
Apartments in Damac's Aykon City are now available for sale. The developer is selling Studio, 1, 2 and 3 bedroom apartments.
Studios have sizes ranging from 337 - 443 sq. ft. and prices range from AED 650,000 - 850,000. Prices per sq. ft. average around the AED 1,900 mark.
1 Bedrooms have sizes ranging from 690 - 793 sq. ft. and prices range from AED 1,170,000 - 1,430,000. Prices per sq. ft. range between AED 1,700 - 1,800.
2 Bedrooms have sizes of 990 sq. ft. Prices average around AED 1,800,000; about AED 1800 per sq. ft.
3 Bedrooms have sizes of 1,645 sq. ft. Prices average AED 2,950,000, about AED 1800 per sq. ft.
The payment-plan is stretched over a 4 or 5 year development period and is construction linked. There is a 20% downpayment, and then 6 installments of 10% payable on the achievement of construction milestones. 20% is payable on completion.