Studio · 509 sqftSol Bay Tower (Fortune Bay Tower), Business Bay · 14th floor · completed 2020

1406, Sol Bay Tower (Fortune Bay Tower)

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 1.15M25 February 2026
Current rentAED 60K /yr2 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Sol Bay Tower (Fortune Bay Tower)

What is 1406 worth today?

Last sold for AED 1,148,455 in 2026

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25 Feb 2026SoldReady
AED 1,148,455AED 2,254 per sqft
2 Nov 2025RentedNew contract
AED 60,000/yr12 months · AED 118 per sqft
2 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
16 Sep 2024Sold by developerReady
AED 1,099,000AED 2,157 per sqft
7 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 128 per sqft
1 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 82 per sqft
15 Mar 2021RentedNew contract
AED 44,000/yr13 months · AED 86 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
Studio apartment
Size
509 sqft
Floor
14th of 19
Parking
B3-123
Developer
SOL Properties Development
Completed
2020
Service charge
AED 7,300 /yr
Last sold
AED 1.15M · February 2026

About 1406, Sol Bay Tower (Fortune Bay Tower)

1406 is a studio of 509 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 25 February 2026 for AED 1,148,455, or AED 2,254 per sqft, in line with the AED 2,254 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 2 November 2025, is AED 60,000 a year: a gross yield of 5.2% on the 2026 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, September 2024: AED 1,099,000 (AED 2,157 per sqft)Sold, February 2026: AED 1,148,455 (AED 2,254 per sqft)

1406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, 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, March 2021: AED 44,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, October 2023: AED 65,000 a yearNew contract, November 2024: AED 60,000 a yearNew contract, November 2025: AED 60,000 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 1406 sits

All 98 studios →

1406 last sold in February 2026 at AED 2,254 per sqft, in line with what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 2,254). 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. 1406's AED 60,000 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
29 Jan 20261,400,000
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 →
Value
13101-bedAED 1.9M · Feb 2026
14011-bedAED 2M · Feb 2026
14031-bedAED 1.9M · Feb 2026
14041-bedAED 2M · Feb 2026
1405StudioAED 1.15M · Feb 2026
1417StudioAED 1.12M · Jun 2025

1406, Sol Bay Tower (Fortune Bay Tower) in numbers

  • Sold twice: first on 16 September 2024 for AED 1,099,000, last on 25 February 2026 for AED 1,148,455 (AED 2,254 per sqft).
  • Rented since March 2021 on 5 Ejari contracts, from AED 44,000 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 7,300 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 25 February 2026.

Questions about 1406, Sol Bay Tower (Fortune Bay Tower)

What did unit 1406 last sell for?

AED 1,148,455 on 25 February 2026: AED 2,254 per sqft for 509 sqft. The unit has 2 registered sales; the first was AED 1,099,000 in September 2024.

What is the rent for unit 1406?

AED 60,000 a year on the contract signed on 2 November 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since March 2021.

How big is unit 1406?

509 sqft (47.3 sqm): a studio on the 14th floor of a 19-storey tower completed in 2020.

What is unit 1406 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 1406, Sol Bay Tower (Fortune Bay Tower)

Starts from the last sale price (AED 1.15M, 25 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 →