1208, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Sol Bay Tower (Fortune Bay Tower)
What is 1208 worth today?
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Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,480 sqft
- Parking
- B2-28, B2-29
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 21,300 /yr
- Last sold
- AED 2.22M · November 2022
About 1208, Sol Bay Tower (Fortune Bay Tower)
1208 is a two-bedroom apartment of 1,480 sqft of Sol Bay Tower (Fortune Bay Tower), a 19-storey tower in Business Bay completed in 2020 by SOL Properties Development. The developer sold it on 28 November 2022 for AED 2,222,759, or AED 1,501 per sqft, in line with the AED 1,469 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 10 July 2025, is AED 150,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 21,300 a year.
Sales and rents for 1208 over time
1208 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sol Bay Tower (Fortune Bay Tower), and where 1208 sits
All 17 2-beds →1208 last sold in November 2022 at AED 1,501 per sqft, in line with what two-beds in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,469). Over the last 12 months two-beds sold for AED 2,400,000 to 2,450,000, around AED 1,640 per sqft, and rent for AED 120,000 to 160,000 a year. 1208's AED 150,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,478 sqft | 2,450,000 | 1,657 | ||
| 26 Aug 202626 August 2026 | 1,478 sqft | 2,400,000 | 1,623 | ||
| 20 Oct 202420 October 2024 | 1,478 sqft | 2,738,888 | 1,853 | ||
| 20 Sep 202420 September 2024 | 1,478 sqft | 2,758,888 | 1,866 |
Sol Bay Tower (Fortune Bay Tower)
Building36 apartments, studios to 2-bed over 19 floors in Business Bay, completed in 2020 by SOL Properties Development. 31 sold in the last 12 months.
- Typical price per sqft
- AED 2,213 Up 13.6%
- Typical sale
- AED 1.9M
- Typical rent
- AED 82K /yr
- Typical yield
- 5.0%
1208, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold once: by SOL Properties Development on 28 November 2022 for AED 2,222,759, or AED 1,501 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 90,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 21,300 a year (AED 14.39 per sqft).
- Two-beds in Sol Bay Tower (Fortune Bay Tower) sold for AED 2,400,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,213 per sqft.
Source: Dubai Land Department. Updated 10 July 2025.
Questions about 1208, Sol Bay Tower (Fortune Bay Tower)
What did unit 1208 last sell for?
AED 2,222,759 on 28 November 2022, sold by the developer: AED 1,501 per sqft for 1,480 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 150,000 a year on the contract signed on 10 July 2025. The previous contract, from September 2024, was AED 150,000; the unit has been rented since August 2020.
How big is unit 1208?
1,480 sqft (137.5 sqm): a two-bedroom apartment of a 19-storey tower completed in 2020.
What is unit 1208 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sol Bay Tower (Fortune Bay Tower) sold for AED 2,400,000 to 2,450,000 in the last 12 months, around AED 1,640 per sqft.
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Mortgage on 1208, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 2.22M, 28 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,222,759
- Deposit, UAE resident (20%)
- AED 444,552
- Deposit, non-resident (40%)
- AED 889,104
- Monthly over 25 years at 3.7%
- AED 9,094
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →