615, Sol Bay Tower (Fortune Bay Tower)
Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, Sol Bay Tower (Fortune Bay Tower)
What is 615 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 519 sqft
- Parking
- B3-18
- Developer
- SOL Properties Development
- Completed
- 2020
- Service charge
- AED 7,500 /yr
- Last sold
- AED 637K · December 2020
About 615, Sol Bay Tower (Fortune Bay Tower)
615 is a studio of 519 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 637,051, 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 since 2024 on 2 Ejari contracts. The current contract, signed on 5 February 2025, 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 615 over time
615 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 615 sits
All 98 studios →615 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. 615's AED 68,000 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%
615, Sol Bay Tower (Fortune Bay Tower) in numbers
- Sold once: by SOL Properties Development on 29 December 2020 for AED 637,051, or AED 1,227 per sqft.
- Rented since May 2024 on 2 Ejari contracts, from AED 96,000 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 5 February 2025.
Questions about 615, Sol Bay Tower (Fortune Bay Tower)
What did unit 615 last sell for?
AED 637,051 on 29 December 2020, sold by the developer: AED 1,227 per sqft for 519 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 68,000 a year on the contract signed on 5 February 2025. The previous contract, from May 2024, was AED 96,000.
How big is unit 615?
519 sqft (48.2 sqm): a studio of a 19-storey tower completed in 2020.
What is unit 615 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.
Selling 615? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 615, Sol Bay Tower (Fortune Bay Tower)
Starts from the last sale price (AED 637K, 29 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 637,051
- Deposit, UAE resident (20%)
- AED 127,410
- Deposit, non-resident (40%)
- AED 254,820
- Monthly over 25 years at 3.7%
- AED 2,606
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →