1508, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold once, by the developer in October 2024, 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 1508, Sol Bay Tower (Fortune Bay Tower)
What is 1508 worth today?
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Source: Dubai Land Department. Updated 28 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,478 sqft
- Parking
- B3-35, B3-36
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 21,300 /yr
- Last sold
- AED 2.74M · October 2024
About 1508, Sol Bay Tower (Fortune Bay Tower)
1508 is a two-bedroom apartment of 1,478 sqft of Sol Bay Tower (Fortune Bay Tower), a 19-storey tower in Business Bay completed in 2020 by SOL Properties Development. The developer sold it on 20 October 2024 for AED 2,738,888, or AED 1,853 per sqft, in line with the AED 1,873 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 28 July 2026, is AED 120,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 21,300 a year.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sol Bay Tower (Fortune Bay Tower), and where 1508 sits
All 17 2-beds →1508 last sold in October 2024 at AED 1,853 per sqft, in line with what two-beds in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,873). Over the last 12 months two-beds sold for AED 2,400,000 to 2,450,000, around AED 1,640 per sqft, and rent for AED 120,000 to 160,000 a year. 1508's AED 120,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,478 sqft | 2,450,000 | 1,657 | ||
| 26 Aug 202626 August 2026 | 1,478 sqft | 2,400,000 | 1,623 | ||
| 20 Sep 202420 September 2024 | 1,478 sqft | 2,758,888 | 1,866 | ||
| 19 Sep 202419 September 2024 | 1,478 sqft | 2,768,888 | 1,873 |
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%
1508, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold once: by SOL Properties Development on 20 October 2024 for AED 2,738,888, or AED 1,853 per sqft.
- Rented since December 2020 on 7 Ejari contracts, from AED 85,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 21,300 a year (AED 14.39 per sqft).
- Two-beds in Sol Bay Tower (Fortune Bay Tower) sold for AED 2,400,000–2,450,000 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 28 July 2026.
Questions about 1508, Sol Bay Tower (Fortune Bay Tower)
What did unit 1508 last sell for?
AED 2,738,888 on 20 October 2024, sold by the developer: AED 1,853 per sqft for 1,478 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 120,000 a year on the contract signed on 28 July 2026. The previous contract, from January 2026, was AED 150,000; the unit has been rented since December 2020.
How big is unit 1508?
1,478 sqft (137.3 sqm): a two-bedroom apartment of a 19-storey tower completed in 2020.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sol Bay Tower (Fortune Bay Tower) sold for AED 2,400,000 to 2,450,000 in the last 12 months, around AED 1,640 per sqft.
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Mortgage on 1508, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 2.74M, 20 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,738,888
- Deposit, UAE resident (20%)
- AED 547,778
- Deposit, non-resident (40%)
- AED 1,095,555
- Monthly over 25 years at 3.7%
- AED 11,206
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →