Studio · 518 sqftSol Bay Tower (Fortune Bay Tower), Business Bay · completed 2020

415, Sol Bay Tower (Fortune Bay Tower)

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 636K29 December 2020
Current rentAED 68K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Sol Bay Tower (Fortune Bay Tower)

What is 415 worth today?

Last sold for AED 636,252 in 2020

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1 Oct 2026RentedNew contract
AED 68,000/yr12 months · AED 131 per sqft
20 Apr 2026RentedNew contract
AED 68,000/yr13 months · AED 131 per sqft
16 Mar 2025RentedNew contract
AED 68,000/yr12 months · AED 131 per sqft
14 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
29 Dec 2020Sold by developerReady
AED 636,252AED 1,227 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Parking
B3-6
Developer
SOL Properties Development
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 636K · December 2020

About 415, Sol Bay Tower (Fortune Bay Tower)

415 is a studio of 518 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 29 December 2020 for AED 636,252, or AED 1,227 per sqft, in line with the AED 1,227 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 68,000 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 7,500 a year.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical studio in Sol Bay Tower (Fortune Bay Tower)
500K1M2020202220242026Typical sale price by year: 2020 AED 636,252; 2022 AED 870,533; 2023 AED 500,000; 2024 AED 1,013,888; 2025 AED 1,065,000; 2026 AED 1,148,455Sold by developer, December 2020: AED 636,252 (AED 1,227 per sqft)

415 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 415, each contractTypical studio in Sol Bay Tower (Fortune Bay Tower)
40K60K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 42,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 70,000; 2025 AED 68,000; 2026 AED 64,750New contract, March 2021: AED 55,000 a yearNew contract, March 2025: AED 68,000 a yearNew contract, April 2026: AED 68,000 a yearNew contract, October 2026: AED 68,000 a year

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 415 sits

All 98 studios →

415 last sold in December 2020 at AED 1,227 per sqft, in line with what studios in Sol Bay Tower (Fortune Bay Tower) were fetching at the time (AED 1,227). 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. 415's AED 68,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Aug 2026940,000
26 Feb 20261,148,455
25 Feb 20261,139,050
25 Feb 20261,148,455
6 studio 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 →

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

  • Sold once: by SOL Properties Development on 29 December 2020 for AED 636,252, or AED 1,227 per sqft.
  • Rented since March 2021 on 4 Ejari contracts, from AED 55,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2020 price is 10.7%, 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 1 October 2026.

Questions about 415, Sol Bay Tower (Fortune Bay Tower)

What did unit 415 last sell for?

AED 636,252 on 29 December 2020, sold by the developer: AED 1,227 per sqft for 518 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 68,000 a year on the contract signed on 1 October 2026. The previous contract, from April 2026, was AED 68,000; the unit has been rented since March 2021.

How big is unit 415?

518 sqft (48.1 sqm): a studio of a 19-storey tower completed in 2020.

What is unit 415 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 415, Sol Bay Tower (Fortune Bay Tower)

Starts from the last sale price (AED 636K, 29 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 636,252
Deposit, UAE resident (20%)
AED 127,250
Deposit, non-resident (40%)
AED 254,501
Monthly over 25 years at 3.7%
AED 2,603

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