YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT
Short Term Rentals in Aykon City Tower B
A 66-storey DAMAC tower in Business Bay combining a DAMAC Maison hotel component with individually-owned furnished apartments: what owners need to know about location, amenities and short-term rental potential.
Floors
66
Developer
DAMAC Properties
Operator
DAMAC Maison Hotels and Resorts
Units
964 hotel apartments + 324-key hotel
Area
Business Bay
About Aykon City Tower B
Aykon City Tower B is DAMAC Maison Aykon City Hotel Apartments, a 66-storey tower in Business Bay developed by DAMAC Properties. The top 10 floors operate as a 324-key DAMAC Maison de Ville hotel, and the remaining lower floors hold 964 furnished hotel apartments, one to three bedrooms, sold to private investors as individually titled freehold units. The whole building is run as a single hotel-pool operation by DAMAC Maison Hotels and Resorts, meaning most units function inside DAMAC's own hotel rental program rather than as conventional buy-to-let apartments.
This is a materially different ownership and management structure from a standard Business Bay apartment tower, where any owner can typically self-manage or hire an independent operator without restriction. At Aykon City Tower B, whether an individual owner can do either depends on that unit's specific title status and whether it is bound by an exclusive management agreement with DAMAC Maison. Royale Stays has not independently confirmed this is possible for every unit in the building, so this guide treats it as something each owner needs to verify for their own unit rather than a blanket claim. The Airbnb/Short-Term Rental Income Potential section below covers what that verification involves.
Location & Nearby Landmarks
Aykon City sits directly on the Dubai Water Canal in Business Bay, within walking distance of the Burj Khalifa and Downtown Dubai district via the Business Bay Bridge. The canal-front promenade and Bay Avenue Mall are both close by. For a broader picture of the neighbourhood, see Royale Stays' guide to Airbnb management across Business Bay.
Other Business Bay towers Royale Stays has covered in this series include DAMAC Towers by Paramount, DAMAC Reva Residences, and Meera Tower, all within the same canal-side district as Aykon City.
Unit Types
The 964 hotel apartments across Aykon City Tower B's lower floors span one to three-bedroom configurations, delivered fully furnished as part of the DAMAC Maison hotel apartment format. Royale Stays has not independently confirmed a precise per-configuration unit count or exact size ranges for this pass, so this guide describes the mix as reported rather than presenting invented figures as fact. No floor-plan diagrams are included here: floor plans are typically the developer's or operator's proprietary material and have not been independently verified for this guide.
Amenities
As a DAMAC Maison-operated hotel apartment tower, Aykon City Tower B is likely to offer hotel-grade amenities such as a swimming pool, a fitness centre and concierge or front-desk service, consistent with other properties in the DAMAC Maison Hotels and Resorts portfolio. Royale Stays has not independently confirmed the exact amenity list for this specific tower, so owners and prospective renters should confirm current on-site facilities directly with DAMAC Maison rather than assuming a fixed set applies.
Transportation & Access
Business Bay Metro Station is within walking distance of Aykon City, connecting the building to the Red Line. Sheikh Zayed Road runs directly alongside Business Bay, giving quick car access to Downtown Dubai, DIFC and the wider city. The canal-front location also puts Aykon City within a short walk of Bay Avenue Mall and the Business Bay waterfront promenade.
Rental & Price Trends
Business Bay's overall rental average stood at approximately AED 128,021 per year in 2025, up 18.2% year on year, per Bayut's area report. This is an area-wide blended figure covering the whole of Business Bay, not a figure specific to Aykon City Tower B or its DAMAC Maison hotel apartments, which are typically leased through the hotel's own channel rather than the open long-term rental market. Owners weighing a unit at Aykon City Tower B can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate instead.
Airbnb / Short-Term Rental Income Potential
Units at Aykon City Tower B typically sit within DAMAC Maison's own hotel-pool management program rather than being managed independently. An owner who wants to self-manage or use an independent operator, including Royale Stays, would first need to confirm two things specific to their own unit: its individual title status, and whether it is bound by an exclusive management agreement with DAMAC Maison Hotels and Resorts. Only once that is cleared would the standard Dubai Department of Economy and Tourism (DTCM) holiday home permit process apply, the same as it would for any other building. Royale Stays' guide to the Dubai holiday home permit covers what that process and its fees generally involve.
Royale Stays does not currently manage, and could not freely manage, a unit at Aykon City Tower B without that title-and-agreement verification being cleared first. For an owner who confirms their unit is not locked into the hotel pool, Royale Stays runs the same full furnishing, photography, pricing, check-in and guest communications process used for owners elsewhere in Dubai, from a fee starting at 15% of gross booking revenue. Our guide to what separates a strong Airbnb management company from a weak one sets out what to look for when comparing operators.
Owners who have confirmed their unit at Aykon City Tower B qualifies, meaning it is freehold-titled and free of an exclusive DAMAC Maison management agreement, can submit their property for a management review to get a clearer read on its Airbnb potential.
Income data reflects Royale Stays' own managed-portfolio bookings across Business Bay generally, reviewed by Chris Veinbaums, DTCM-licensed operator. This does not reflect Aykon City Tower B specifically: the building's hotel-pool structure means Royale Stays does not have booking data of its own for this tower to draw on.
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