1505, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Sol Bay Tower (Fortune Bay Tower)
What is 1505 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 15th of 19
- Parking
- B3-128
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 7,500 /yr
- Last sold
- AED 1.02M · November 2025
About 1505, Sol Bay Tower (Fortune Bay Tower)
1505 is a studio of 521 sqft on the 15th 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 November 2025 for AED 1,016,000, or AED 1,948 per sqft, in line with the AED 1,993 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 August 2026, is AED 90,000 a year: a gross yield of 8.9% on the 2025 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1505 over time
1505 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 1505 sits
All 98 studios →1505 last sold in November 2025 at AED 1,948 per sqft, in line with what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,993). 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. 1505's AED 90,000 is at the top 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%
Other units on the 15th floor
All 36 units in Sol Bay Tower (Fortune Bay Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1517 | Studio | 492 sqft | AED 940KAED 940,000 · Aug 2026August 2026 | 78,000 /yr |
1505, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold twice: first on 9 May 2024 for AED 998,888, last on 3 November 2025 for AED 1,016,000 (AED 1,948 per sqft).
- Rented since September 2020 on 6 Ejari contracts, from AED 40,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2025 price is 8.9%, 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 15 August 2026.
Questions about 1505, Sol Bay Tower (Fortune Bay Tower)
What did unit 1505 last sell for?
AED 1,016,000 on 3 November 2025: AED 1,948 per sqft for 521 sqft. The unit has 2 registered sales; the first was AED 998,888 in May 2024.
What is the rent for unit 1505?
AED 90,000 a year on the contract signed on 15 August 2026. The previous contract, from October 2025, was AED 90,000; the unit has been rented since September 2020.
How big is unit 1505?
521 sqft (48.4 sqm): a studio on the 15th floor of a 19-storey tower completed in 2020.
What is unit 1505 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 1505, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 1.02M, 3 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,016,000
- Deposit, UAE resident (20%)
- AED 203,200
- Deposit, non-resident (40%)
- AED 406,400
- Monthly over 25 years at 3.7%
- AED 4,157
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →