Studio · 522 sqftSol Bay Tower (Fortune Bay Tower), Business Bay · completed 2020

1315, Sol Bay Tower (Fortune Bay Tower)

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1315 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 966K28 June 2024
Current rentAED 63K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1315, Sol Bay Tower (Fortune Bay Tower)

What is 1315 worth today?

Last sold for AED 965,700 in 2024

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10 Apr 2026RentedRenewal
AED 63,000/yr12 months · AED 122 per sqft
10 Apr 2025RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
28 Jun 2024SoldReady
AED 965,700AED 1,850 per sqft
19 Jan 2024RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
12 Aug 2023Sold by developerReady
AED 500,000AED 958 per sqft
19 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 105 per sqft
15 Jan 2022RentedNew contract
AED 44,000/yr12 months · AED 84 per sqft
15 Jan 2021RentedNew contract
AED 42,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
Studio apartment
Size
522 sqft
Parking
B3-119
Developer
SOL Properties Development
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 966K · June 2024

About 1315, Sol Bay Tower (Fortune Bay Tower)

1315 is a studio of 522 sqft of Sol Bay Tower (Fortune Bay Tower), a 19-storey tower in Business Bay completed in 2020 by SOL Properties Development. It last sold on 28 June 2024 for AED 965,700, or AED 1,850 per sqft, in line with the AED 1,858 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 63,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1315 over time

Sales
Unit 1315, each saleTypical studio in Sol Bay Tower (Fortune Bay Tower)
500K1M2020202220242026Typical sale price by year: 2020 AED 636,252; 2022 AED 870,533; 2023 AED 500,000; 2024 AED 1,013,888; 2025 AED 1,065,000; 2026 AED 1,148,455Sold by developer, August 2023: AED 500,000 (AED 958 per sqft)Sold, June 2024: AED 965,700 (AED 1,850 per sqft)

1315 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1315, each contractTypical studio in Sol Bay Tower (Fortune Bay Tower)
40K60K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 42,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 70,000; 2025 AED 68,000; 2026 AED 64,750New contract, January 2021: AED 42,000 a yearNew contract, January 2022: AED 44,000 a yearNew contract, January 2023: AED 55,000 a yearNew contract, January 2024: AED 55,000 a yearNew contract, April 2025: AED 65,000 a yearRenewal, April 2026: AED 63,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Sol Bay Tower (Fortune Bay Tower), and where 1315 sits

All 98 studios →

1315 last sold in June 2024 at AED 1,850 per sqft, in line with what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,858). Over the last 12 months studios sold for AED 940,000 to 1,400,000, around AED 2,221 per sqft, and rent for AED 52,000 to 90,000 a year. 1315's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Aug 2026940,000
26 Feb 20261,148,455
25 Feb 20261,139,050
25 Feb 20261,148,455
6 studio sales in the last 12 months

Sol Bay Tower (Fortune Bay Tower)

Building

36 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%
Sol Bay Tower (Fortune Bay Tower), Business Bay: prices, sales and rents →

1315, Sol Bay Tower (Fortune Bay Tower) in numbers

  • Sold twice: first on 12 August 2023 for AED 500,000, last on 28 June 2024 for AED 965,700 (AED 1,850 per sqft).
  • Rented since January 2021 on 6 Ejari contracts, from AED 42,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 7,500 a year (AED 14.39 per sqft).
  • Studios in Sol Bay Tower (Fortune Bay Tower) sold for AED 940,000–1,400,000 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 April 2026.

Questions about 1315, Sol Bay Tower (Fortune Bay Tower)

What did unit 1315 last sell for?

AED 965,700 on 28 June 2024: AED 1,850 per sqft for 522 sqft. The unit has 2 registered sales; the first was AED 500,000 in August 2023.

What is the rent for unit 1315?

AED 63,000 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 65,000; the unit has been rented since January 2021.

How big is unit 1315?

522 sqft (48.5 sqm): a studio of a 19-storey tower completed in 2020.

What is unit 1315 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sol Bay Tower (Fortune Bay Tower) sold for AED 940,000 to 1,400,000 in the last 12 months, around AED 2,221 per sqft.

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Mortgage on 1315, Sol Bay Tower (Fortune Bay Tower)

Starts from the last sale price (AED 966K, 28 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 965,700
Deposit, UAE resident (20%)
AED 193,140
Deposit, non-resident (40%)
AED 386,280
Monthly over 25 years at 3.7%
AED 3,951

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →