306, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold once, by the developer in November 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Sol Bay Tower (Fortune Bay Tower)
What is 306 worth today?
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Source: Dubai Land Department. Updated 13 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 741 sqft
- Parking
- B3-2
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 10,700 /yr
- Last sold
- AED 1.19M · November 2024
About 306, Sol Bay Tower (Fortune Bay Tower)
306 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 26 November 2024 for AED 1,188,888, or AED 1,603 per sqft, 18% below the AED 1,966 studios in the building were fetching at the time.
One Ejari contract is registered, from 13 October 2026. The current contract, signed on 13 October 2026, is AED 60,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 10,700 a year.
Sales and rents for 306 over time
306 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 306 sits
All 98 studios →306 last sold in November 2024 at AED 1,603 per sqft, 18% below what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,966). 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. 306's AED 60,000 is in the lower half 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%
306, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold once: by SOL Properties Development on 26 November 2024 for AED 1,188,888, or AED 1,603 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 5.1%, 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 13 October 2026.
Questions about 306, Sol Bay Tower (Fortune Bay Tower)
What did unit 306 last sell for?
AED 1,188,888 on 26 November 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 306?
AED 60,000 a year on the contract signed on 13 October 2026.
How big is unit 306?
741 sqft (68.8 sqm): a studio of a 19-storey tower completed in 2020.
What is unit 306 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 306, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 1.19M, 26 November 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 →