1405, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold twice, last in February 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, Sol Bay Tower (Fortune Bay Tower)
What is 1405 worth today?
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Source: Dubai Land Department. Updated 26 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 14th of 19
- Parking
- B3-122
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 7,500 /yr
- Last sold
- AED 1.15M · February 2026
About 1405, Sol Bay Tower (Fortune Bay Tower)
1405 is a studio of 521 sqft on the 14th floor 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 26 February 2026 for AED 1,148,455, or AED 2,203 per sqft, in line with the AED 2,247 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 13 December 2024, is AED 60,000 a year: a gross yield of 5.2% on the 2026 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1405 over time
1405 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 1405 sits
All 98 studios →1405 last sold in February 2026 at AED 2,203 per sqft, in line with what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 2,247). 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. 1405's AED 60,000 is in the lower 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 | ||
| 25 Feb 202625 February 2026 | 509 sqft | 1,139,050 | 2,239 | ||
| 25 Feb 202625 February 2026 | 509 sqft | 1,148,455 | 2,254 | ||
| 29 Jan 202629 January 2026 | 521 sqft | 1,400,000 | 2,686 |
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%
Other units on the 14th floor
All 36 units in Sol Bay Tower (Fortune Bay Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1310 | 1-bed | 853 sqft | AED 1.9MAED 1,900,000 · Feb 2026February 2026 | 95,000 /yr | |
| 1401 | 1-bed | 829 sqft | AED 2MAED 1,995,000 · Feb 2026February 2026 | 95,000 /yr | |
| 1403 | 1-bed | 858 sqft | AED 1.9MAED 1,900,000 · Feb 2026February 2026 | 75,000 /yr | |
| 1404 | 1-bed | 985 sqft | AED 2MAED 1,995,000 · Feb 2026February 2026 | 95,000 /yr | |
| 1406 | Studio | 509 sqft | AED 1.15MAED 1,148,455 · Feb 2026February 2026 | 60,000 /yr | |
| 1417 | Studio | 492 sqft | AED 1.12MAED 1,115,000 · Jun 2025June 2025 | 70,000 /yr |
1405, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold twice: first on 16 September 2024 for AED 1,099,000, last on 26 February 2026 for AED 1,148,455 (AED 2,203 per sqft).
- Rented since May 2021 on 3 Ejari contracts, from AED 39,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2026 price is 5.2%, 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 26 February 2026.
Questions about 1405, Sol Bay Tower (Fortune Bay Tower)
What did unit 1405 last sell for?
AED 1,148,455 on 26 February 2026: AED 2,203 per sqft for 521 sqft. The unit has 2 registered sales; the first was AED 1,099,000 in September 2024.
What is the rent for unit 1405?
AED 60,000 a year on the contract signed on 13 December 2024. The previous contract, from May 2023, was AED 46,200; the unit has been rented since May 2021.
How big is unit 1405?
521 sqft (48.4 sqm): a studio on the 14th floor of a 19-storey tower completed in 2020.
What is unit 1405 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 1405, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 1.15M, 26 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,148,455
- Deposit, UAE resident (20%)
- AED 229,691
- Deposit, non-resident (40%)
- AED 459,382
- Monthly over 25 years at 3.7%
- AED 4,699
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →