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Ready building · Sol Properties

Sol Avenue, Business Bay

Highlights

Sol Avenue at a glance

About Sol Avenue

Sol Avenue is a mixed-use building in Business Bay, Dubai, developed by Sol Properties. It holds about 324 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2021 and has been in use for about 5 years. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 1,149 per sq ft.

Sol Avenue is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

SOL Avenue is a modern residential development located in the vibrant Business Bay area of Dubai. This striking tower consists of 17 residential floors and includes a variety of living spaces, from stylish studios to spacious two-bedroom apartments. Designed for comfort and convenience, SOL Avenue provides residents with easy access to the city’s key attractions, making it an excellent choice for both professionals and families seeking an urban lifestyle.

Key Features:

  • Diverse Living Options: The development offers a mix of studio, one-, and two-bedroom apartments, catering to various lifestyle needs.
  • Amenities: Residents enjoy a grand lobby, a well-equipped gymnasium, and a relaxing swimming pool. Additional features include 24/7 CCTV surveillance and building security, along with covered parking for added convenience.
  • Scenic Views: Many apartments provide panoramic views of the iconic Burj Khalifa and the stunning Dubai skyline, enhancing the living experience.
  • Prime Location: Situated in Business Bay, SOL Avenue is strategically positioned near major business hubs, shopping destinations, and dining options, ensuring residents have everything they need within reach.
  • Investment Potential: With its desirable location and high-quality living standards, SOL Avenue presents a promising opportunity for investors looking for rental income in a thriving area of Dubai.

SOL Avenue embodies modern living in a prime location, making it an attractive option for those looking to experience the best of Dubai life.

In a nutshell

  • A mixed-use ready building
  • Located in Business Bay, Dubai
  • Developed by Sol Properties
  • Completed in Q1 2021
  • Unit types: Studio, 1 Bed, 2 Beds, Commercial
  • Sizes from 190 to 2,770 sq ft
  • Views: Community View
  • Business Bay metro station 2 km away
Status
Ready
Developer
Sol Properties
Location
Business Bay, Dubai
Completed
Q1 2021
Unit types
Studio, 1 Bed, 2 Beds, Commercial
Prices from
AED 559.0K
Median price per sq ft
AED 1,149
Median gross yield
10.3%
Nearest metro
District 1 near High Speed Rail line, 0.8 km

Building details

Inside Sol Avenue

Properties in Sol Avenue

Studios in Sol Avenue

There are about 74 of these in Sol Avenue, from 480 to 960 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in Sol Avenue

There are about 177 of these in Sol Avenue, from 540 to 2,240 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in Sol Avenue

There are about 42 of these in Sol Avenue, from 1,340 to 2,770 sq ft. None has sold recently enough to quote a price.

Commercial units in Sol Avenue

There are about 31 of these in Sol Avenue, from 190 to 930 sq ft. None has sold recently enough to quote a price.

Unit types in Sol Avenue with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio74480 sqft44.6 sqmt – 960 sqft89.2 sqmtNo recent salesAED 72K
1 Bed177540 sqft50.2 sqmt – 2,240 sqft208.1 sqmtNo recent salesAED 96K
2 Beds421,340 sqft124.5 sqmt – 2,770 sqft257.3 sqmtNo recent salesAED 150K
Commercial31190 sqft17.7 sqmt – 930 sqft86.4 sqmtNo recent sales–

Recent transactions in Sol Avenue

  • Sol Avenue

    Business Bay

    AED 559.2K

    AED 625 /sqftAED 6,727 /sqmt

    Off-planApartment
    895 sqft83.1 sqmt1 BedDeveloper24 Nov 2009

  • Sol Avenue

    Business Bay

    AED 700.7K

    AED 819 /sqftAED 8,816 /sqmt

    Off-planApartment
    855 sqft79.4 sqmt1 BedDeveloper9 Nov 2009

  • Sol Avenue

    Business Bay

    AED 1.3M

    AED 1,479 /sqftAED 15,920 /sqmt

    Off-planApartment
    895 sqft83.1 sqmt1 BedDeveloper1 Oct 2009

  • Sol Avenue

    Business Bay

    AED 2.2M

    AED 1,674 /sqftAED 18,019 /sqmt

    Off-planApartment
    1,339 sqft124.4 sqmt2 BedsDeveloper1 Oct 2009

  • Sol Avenue

    Business Bay

    AED 69K/yr

    ApartmentNew contract
    489 sqft45.4 sqmtStudioto

  • Sol Avenue

    Business Bay

    AED 105K/yr

    ApartmentNew contract
    954 sqft88.6 sqmt1 Bedto

  • Sol Avenue

    Business Bay

    AED 50K/yr

    ApartmentNew contract
    863 sqft80.2 sqmt1 Bedto

  • Sol Avenue

    Business Bay

    AED 150K/yr

    ApartmentNew contract
    1,339 sqft124.4 sqmt2 Bedsto

  • Sol Avenue

    Business Bay

    AED 96K/yr

    ApartmentRenewal
    853 sqft79.2 sqmt1 Bedto

  • Sol Avenue

    Business Bay

    AED 95K/yr

    ApartmentRenewal
    853 sqft79.2 sqmt1 Bedto

  • Sol Avenue

    Business Bay

    AED 72K/yr

    ApartmentNew contract
    489 sqft45.4 sqmtStudioto

  • Sol Avenue

    Business Bay

    AED 72K/yr

    ApartmentNew contract
    489 sqft45.4 sqmtStudioto

Every sale in Sol AvenueEvery rent contract in Sol Avenue

Available now

Properties for sale and rent in Sol Avenue

Units in Sol Avenue listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Sol Avenue

Transportation near Sol Avenue

The nearest Dubai Metro station from Sol Avenue is Business Bay (red line, 2 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.5 km, about 7 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 0.8 km, about 10 min walk) and Burj Khalifa Road (golden line, 1.1 km, about 13 min walk). Most residents will drive or take a taxi to the metro.

  • District 1 near High Speed Rail lineGolden line · 0.8 km · about 10 min walk
  • Burj Khalifa RoadGolden line · 1.1 km · about 13 min walk
  • Business Bay InterchangeGolden line · 1.9 km · about 6 min drive
  • Business BayRed line · 2 km · about 6 min drive
  • Burj Khalifa/Dubai MallRed line · 2.5 km · about 7 min drive
  • District 1Golden line · 2.6 km · about 7 min drive

Shopping and groceries near Sol Avenue

The closest is Spinneys / south bridge downtowne Dubai, 0.9 km from Sol Avenue (about 11 min walk).

  • Spinneys / south bridge downtowne DubaiSupermarket · 0.9 km · about 11 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.4 km · about 5 min drive
  • Spinneys/ Ontario TowerSupermarket · 1.4 km · about 5 min drive
  • Spinneys / The Executive TowersSupermarket · 1.4 km · about 5 min drive
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.5 km · about 5 min drive

Restaurants and hotels near Sol Avenue

The closest is Maward Restaurant, 0.4 km from Sol Avenue (about 5 min walk).

  • Maward RestaurantRestaurant · 0.4 km · about 5 min walk
  • Vida Hotels and ResortsHotel · 1.2 km · about 14 min walk
  • Al Manzil HotelHotel · 1.3 km · about 5 min drive
  • Oberoi HotelHotel · 1.3 km · about 5 min drive
  • Qamardeen HotelHotel · 1.6 km · about 5 min drive

Hospitals and clinics near Sol Avenue

The closest is Al Amal Hospital, 3.2 km from Sol Avenue (about 8 min drive).

  • Al Amal HospitalHospital · 3.2 km · about 8 min drive
  • Medcare HospitalHospital · 3.3 km · about 9 min drive
  • Emirates HospitalHospital · 4.2 km · about 10 min drive
  • Internationl Medical CenterHospital · 4.4 km · about 11 min drive
  • Neuro Spinal hospitalHospital · 4.8 km · about 12 min drive

Parks and leisure near Sol Avenue

The closest is Al Quoz Pond Park, 1.8 km from Sol Avenue (about 6 min drive).

  • Al Quoz Pond ParkPark · 1.8 km · about 6 min drive
  • Dubai Bowling CentreSports Academy · 2 km · about 6 min drive
  • Safa ParkPark · 3 km · about 8 min drive
  • Falcon Heritage and Sports CentreSports Academy · 3.4 km · about 9 min drive
  • Falcon Centre and Cultural SportsSports Academy · 3.4 km · about 9 min drive

Schools near Sol Avenue

The nearest is Dubai International Private School - Br, 1.6 km away. Ratings are the KHDA's latest inspection grades.

  • Dubai International Private School - BrAmerican · KHDA: Good · 1.6 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.7 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 1.8 km
  • Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.9 km
  • Clarion School L.L.CAmerican · KHDA: Good · 2.3 km
  • Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.4 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Sol Avenue with:

All 257 Business Bay buildings →

Things to consider about Sol Avenue

In its favour

  • A median gross yield of 10.3% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • The nearest running metro station is 2 km away, so a car helps.

Specialists

Brokers who know Sol Avenue

These brokers handle sales and lettings in Sol Avenue and can tell you what is available now.

FAQs

Sol Avenue: questions answered

Sol Avenue was developed by Sol Properties in Business Bay.

Sol Avenue is completed in Q1 2021.

Across its 4 most recent registered sales, Sol Avenue sold for a median of AED 1,149 per sq ft and AED 1.0M per unit.

Recent yearly contracts in Sol Avenue have a median rent of AED 95.0K.

The median gross yield on recently sold units in Sol Avenue is 10.3%: the rent the unit earned over its purchase price, before costs.

Sol Avenue has Studio (480 to 960 sq ft), 1 Bed (540 to 2,240 sq ft), 2 Beds (1,340 to 2,770 sq ft), Commercial (190 to 930 sq ft).

District 1 near High Speed Rail line is about 0.8 km from Sol Avenue.

The nearest schools include Dubai International Private School - Br (1.6 km), GEMS Our Own Indian School (1.7 km), Global Indian International School L.L.C (1.8 km).

Buying, selling or renting in Sol Avenue?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

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