305, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, Sol Bay Tower (Fortune Bay Tower)
What is 305 worth today?
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Source: Dubai Land Department. Updated 25 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 741 sqft
- Parking
- B3-1
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 10,700 /yr
- Last sold
- AED 1.19M · May 2024
About 305, Sol Bay Tower (Fortune Bay Tower)
305 is a studio of 741 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 8 May 2024 for AED 1,188,888, or AED 1,603 per sqft, 14% below the AED 1,857 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 95,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 10,700 a year.
Sales and rents for 305 over time
305 has sold once; 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 305 sits
All 98 studios →305 last sold in May 2024 at AED 1,603 per sqft, 14% below what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,857). 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. 305's AED 95,000 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%
305, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold once: by SOL Properties Development on 8 May 2024 for AED 1,188,888, or AED 1,603 per sqft.
- Rented since May 2024 on 2 Ejari contracts, from AED 92,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 10,700 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 May 2025.
Questions about 305, Sol Bay Tower (Fortune Bay Tower)
What did unit 305 last sell for?
AED 1,188,888 on 8 May 2024, sold by the developer: AED 1,603 per sqft for 741 sqft. It is the only registered sale of the unit.
What is the rent for unit 305?
AED 95,000 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 92,000.
How big is unit 305?
741 sqft (68.8 sqm): a studio of a 19-storey tower completed in 2020.
What is unit 305 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 305, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 1.19M, 8 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,188,888
- Deposit, UAE resident (20%)
- AED 237,778
- Deposit, non-resident (40%)
- AED 475,555
- Monthly over 25 years at 3.7%
- AED 4,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →