2-bed · 1,478 sqftSol Bay Tower (Fortune Bay Tower), Business Bay · completed 2020

1708, Sol Bay Tower (Fortune Bay Tower)

Sold prices and rental history: sold once, by the developer in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 24 February 2026
Last soldAED 2.77M19 September 2024
Current rentAED 160K /yr24 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Sol Bay Tower (Fortune Bay Tower)

What is 1708 worth today?

Last sold for AED 2,768,888 in 2024

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24 Feb 2026RentedRenewal
AED 160,000/yr12 months · AED 109 per sqft
24 Feb 2025RentedNew contract
AED 160,000/yr12 months · AED 109 per sqft
19 Sep 2024Sold by developerReady
AED 2,768,888AED 1,873 per sqft
1 Jun 2021RentedNew contract
AED 100,000/yr13 months · AED 68 per sqft

Source: Dubai Land Department. Updated 24 February 2026.

Key facts

Type
2-bed apartment
Size
1,478 sqft
Parking
B3-30, B3-31
Developer
SOL Properties Development
Completed
2020
Service charge
AED 21,300 /yr
Last sold
AED 2.77M · September 2024

About 1708, Sol Bay Tower (Fortune Bay Tower)

1708 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 19 September 2024 for AED 2,768,888, or AED 1,873 per sqft, 4% below the AED 1,954 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 24 February 2026, is AED 160,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical two-bed in Sol Bay Tower (Fortune Bay Tower)
2M202020222024Typical sale price by year: 2020 AED 1,595,654; 2022 AED 2,176,128; 2024 AED 2,768,888Sold by developer, September 2024: AED 2,768,888 (AED 1,873 per sqft)

1708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1708, each contractTypical two-bed in Sol Bay Tower (Fortune Bay Tower)
100K150K2020202220242026Typical rent by year: 2020 AED 87,500; 2021 AED 90,000; 2022 AED 100,000; 2023 AED 120,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 137,500New contract, June 2021: AED 100,000 a yearNew contract, February 2025: AED 160,000 a yearRenewal, February 2026: AED 160,000 a year

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 1708 sits

All 17 2-beds →

1708 last sold in September 2024 at AED 1,873 per sqft, 4% below what two-beds in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,954). 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. 1708's AED 160,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20262,450,000
26 Aug 20262,400,000
20 Oct 20242,738,888
20 Sep 20242,758,888
2 2-bed 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 →

1708, Sol Bay Tower (Fortune Bay Tower) in numbers

  • Sold once: by SOL Properties Development on 19 September 2024 for AED 2,768,888, or AED 1,873 per sqft.
  • Rented since June 2021 on 3 Ejari contracts, from AED 100,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.8%, 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 24 February 2026.

Questions about 1708, Sol Bay Tower (Fortune Bay Tower)

What did unit 1708 last sell for?

AED 2,768,888 on 19 September 2024, sold by the developer: AED 1,873 per sqft for 1,478 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 160,000 a year on the contract renewed on 24 February 2026. The previous contract, from February 2025, was AED 160,000; the unit has been rented since June 2021.

How big is unit 1708?

1,478 sqft (137.3 sqm): a two-bedroom apartment of a 19-storey tower completed in 2020.

What is unit 1708 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 1708, Sol Bay Tower (Fortune Bay Tower)

Starts from the last sale price (AED 2.77M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,768,888
Deposit, UAE resident (20%)
AED 553,778
Deposit, non-resident (40%)
AED 1,107,555
Monthly over 25 years at 3.7%
AED 11,328

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