Sol Bay, Business Bay

Sol Bay is a mixed-use building in Business Bay, Dubai, developed by Sol Properties. It holds about 331 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units.

The building was completed in 2020 and has been in use for about 6 years. 38 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,209 per sq ft.

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

• A mixed-use ready building
• Located in Business Bay, Dubai
• Developed by Sol Properties
• Completed in Q1 2020
• Unit types: Studio, 1 Bed, 2 Beds, Commercial
• Sizes from 80 to 2,740 sq ft
• Service charge from AED 14.73 per sq ft
• Business Bay metro station 1.9 km away

Status

Ready

Developer

Sol Properties

Location

Business Bay, Dubai

Completed

Q1 2020

Unit types

Studio, 1 Bed, 2 Beds, Commercial

Prices from

AED 500.0K

Median price per sq ft

AED 2,209

Median gross yield

4.8%

Service charge

AED 14.73 per sq ft (2026)

Nearest metro

District 1 near High Speed Rail line, 0.9 km

Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 1.5M to AED 2.0M (829 to 1,054 sq ft), across 14 sales
• Studios: AED 940.0K to AED 1.1M (492 to 521 sq ft), across 4 sales
• 2-bedroom apartments: AED 2.4M to AED 2.5M (1,478 sq ft), across 2 sales

1-bedroom homes in Sol Bay were let for AED 70.0K to AED 100.0K a year across 8 recent contracts, with a median of AED 90.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 70.0K to AED 100.0K a year (849 to 988 sq ft), across 8 contracts
• Studios: AED 58.0K to AED 68.0K a year (492 to 741 sq ft), across 5 contracts
• 2-bedroom apartments: AED 135.0K a year (1,480 sq ft)

Every sale in Sol BayEvery rent contract in Sol Bay

The 2026 service charge in Sol Bay is AED 15.45 per sq ft for commercial units, AED 15.45 per sq ft for offices, AED 14.73 per sq ft for homes, AED 15.92 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Sol Bay is Business Bay (red line, 1.9 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, 0.9 km, about 11 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 · 0.9 km · about 11 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 · 1.9 km · about 6 min drive
• Burj Khalifa/Dubai MallRed line · 2.5 km · about 7 min drive
• District 1Golden line · 2.7 km · about 7 min drive

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

• Spinneys / south bridge downtowne DubaiSupermarket · 0.9 km · about 11 min walk
• Spinneys/ Ontario TowerSupermarket · 1.3 km · about 5 min drive
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 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

The closest is Maward Restaurant, 0.3 km from Sol Bay (about 4 min walk).

• Maward RestaurantRestaurant · 0.3 km · about 4 min walk
• Vida Hotels and ResortsHotel · 1.2 km · about 14 min walk
• Oberoi HotelHotel · 1.2 km · about 14 min walk
• Al Manzil HotelHotel · 1.4 km · about 5 min drive
• Qamardeen HotelHotel · 1.6 km · about 5 min drive

The closest is Al Amal Hospital, 3.1 km from Sol Bay (about 8 min drive).

• Al Amal HospitalHospital · 3.1 km · about 8 min drive
• Medcare HospitalHospital · 3.1 km · about 8 min drive
• Emirates HospitalHospital · 4.1 km · about 10 min drive
• Internationl Medical CenterHospital · 4.3 km · about 11 min drive
• Neuro Spinal hospitalHospital · 4.6 km · about 11 min drive

The closest is Al Quoz Pond Park, 1.7 km from Sol Bay (about 5 min drive).

• Al Quoz Pond ParkPark · 1.7 km · about 5 min drive
• Dubai Bowling CentreSports Academy · 1.8 km · about 6 min drive
• Safa ParkPark · 2.8 km · about 8 min drive
• Falcon Heritage and Sports CentreSports Academy · 3.5 km · about 9 min drive
• Falcon Centre and Cultural SportsSports Academy · 3.5 km · about 9 min drive

The nearest is Dubai International Private School - Br, 1.5 km away. Ratings are the KHDA's latest inspection grades.

• Dubai International Private School - BrAmerican · KHDA: Good · 1.5 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.5 km
• Global Indian International School L.L.CIndian · KHDA: Good · 1.6 km
• Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.7 km
• Clarion School L.L.CAmerican · KHDA: Good · 2.2 km
• Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.2 km

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