Studio · 492 sqftSol Bay Tower (Fortune Bay Tower), Business Bay · 14th floor · completed 2020

1417, Sol Bay Tower (Fortune Bay Tower)

Sold prices and rental history: sold twice, last in June 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1417 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 1.12M3 June 2025
Current rentAED 70K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1417, Sol Bay Tower (Fortune Bay Tower)

What is 1417 worth today?

Last sold for AED 1,115,000 in 2025

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30 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 142 per sqft
3 Jun 2025SoldReady
AED 1,115,000AED 2,267 per sqft
16 Sep 2024Sold by developerReady
AED 1,050,000AED 2,134 per sqft
14 Jun 2024RentedNew contract
AED 96,000/yr12 months · AED 195 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
Studio apartment
Size
492 sqft
Floor
14th of 19
Parking
B3-127
Developer
SOL Properties Development
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 1.12M · June 2025

About 1417, Sol Bay Tower (Fortune Bay Tower)

1417 is a studio of 492 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 3 June 2025 for AED 1,115,000, or AED 2,267 per sqft, 10% above the AED 2,059 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 30 September 2025, is AED 70,000 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1417 over time

Sales
Unit 1417, 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 1,050,000 (AED 2,134 per sqft)Sold, June 2025: AED 1,115,000 (AED 2,267 per sqft)

1417 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1417, each contractTypical studio in Sol Bay Tower (Fortune Bay Tower)
50K75K100K2020202220242026Typical 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, June 2024: AED 96,000 a yearNew contract, September 2025: AED 70,000 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 1417 sits

All 98 studios →

1417 last sold in June 2025 at AED 2,267 per sqft, 10% above what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 2,059). 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. 1417's AED 70,000 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 →
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
1406StudioAED 1.15M · Feb 2026

1417, Sol Bay Tower (Fortune Bay Tower) in numbers

  • Sold twice: first on 16 September 2024 for AED 1,050,000, last on 3 June 2025 for AED 1,115,000 (AED 2,267 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, from AED 96,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 7,100 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 30 September 2025.

Questions about 1417, Sol Bay Tower (Fortune Bay Tower)

What did unit 1417 last sell for?

AED 1,115,000 on 3 June 2025: AED 2,267 per sqft for 492 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in September 2024.

What is the rent for unit 1417?

AED 70,000 a year on the contract signed on 30 September 2025. The previous contract, from June 2024, was AED 96,000.

How big is unit 1417?

492 sqft (45.7 sqm): a studio on the 14th floor of a 19-storey tower completed in 2020.

What is unit 1417 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 1417, Sol Bay Tower (Fortune Bay Tower)

Starts from the last sale price (AED 1.12M, 3 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,115,000
Deposit, UAE resident (20%)
AED 223,000
Deposit, non-resident (40%)
AED 446,000
Monthly over 25 years at 3.7%
AED 4,562

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