1316, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold twice, last in June 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1316, Sol Bay Tower (Fortune Bay Tower)
What is 1316 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 506 sqft
- Parking
- B3-120
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 7,300 /yr
- Last sold
- AED 975K · June 2024
About 1316, Sol Bay Tower (Fortune Bay Tower)
1316 is a studio of 506 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 19 June 2024 for AED 975,000, or AED 1,928 per sqft, 3% above the AED 1,863 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 8 January 2026, is AED 72,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 7,300 a year.
Sales and rents for 1316 over time
1316 has sold twice; the dashed line is the studio median of each year in the building.
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 1316 sits
All 98 studios →1316 last sold in June 2024 at AED 1,928 per sqft, 3% above what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,863). 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. 1316's AED 72,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 492 sqft | 940,000 | 1,911 | ||
| 26 Feb 202626 February 2026 | 521 sqft | 1,148,455 | 2,203 | ||
| 25 Feb 202625 February 2026 | 509 sqft | 1,139,050 | 2,239 | ||
| 25 Feb 202625 February 2026 | 509 sqft | 1,148,455 | 2,254 |
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%
1316, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold twice: first on 12 August 2023 for AED 500,000, last on 19 June 2024 for AED 975,000 (AED 1,928 per sqft).
- Rented since January 2025 on 2 Ejari contracts, from AED 81,600 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 7,300 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 8 January 2026.
Questions about 1316, Sol Bay Tower (Fortune Bay Tower)
What did unit 1316 last sell for?
AED 975,000 on 19 June 2024: AED 1,928 per sqft for 506 sqft. The unit has 2 registered sales; the first was AED 500,000 in August 2023.
What is the rent for unit 1316?
AED 72,000 a year on the contract signed on 8 January 2026. The previous contract, from January 2025, was AED 81,600.
How big is unit 1316?
506 sqft (47.0 sqm): a studio of a 19-storey tower completed in 2020.
What is unit 1316 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.
Selling 1316? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1316, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 975K, 19 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 975,000
- Deposit, UAE resident (20%)
- AED 195,000
- Deposit, non-resident (40%)
- AED 390,000
- Monthly over 25 years at 3.7%
- AED 3,989
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →