Unit 1506, SOL Bay: what it sold for and what it is worth now

Unit 1506 at SOL Bay is a studio of 512 sq ft. It last sold for AED 1,058,888 on 11 Oct 2024. At AED 2,159 per sq ft, from 5 sales of units ending 06 (same position in the tower), it is worth about AED 1,105,000 today.

Value todayAED 1,105,000AED 1,059,000 to AED 1,146,000
Last saleAED 1,058,88811 Oct 2024 · Resale
Change since last sale+4.4%Building trend alone: AED 1,217,857
Rent (median asking, studio)AED 68,000Gross yield 6.2%
Bedroomsstudio
Size512 sq ft
Floor15 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingSOL Bay by SOL Properties, handed over 2020
Registered sales of this unit1

Every registered sale of unit 1506

DatePriceSizeAED/sq ftType
11 Oct 2024AED 1,058,888512 sq ft2,068Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130625 Feb 2026AED 1,139,050509 sq ft2,238Resale
140625 Feb 2026AED 1,148,455509 sq ft2,256Resale
30626 Nov 2024AED 1,188,888741 sq ft1,604Resale
140616 Sep 2024AED 1,099,000509 sq ft2,159Resale
190615 Aug 2024AED 1,048,888512 sq ft2,049Resale
18067 Aug 2024AED 1,078,888512 sq ft2,107Resale
17062 Aug 2024AED 998,888512 sq ft1,951Resale
13061 Aug 2024AED 1,099,000509 sq ft2,159Resale

Latest studio sales in SOL Bay

UnitDatePriceSizeAED/sq ftType
151713 Aug 2026AED 940,000492 sq ft1,911Resale
140526 Feb 2026AED 1,148,455521 sq ft2,204Resale
130625 Feb 2026AED 1,139,050509 sq ft2,238Resale
140625 Feb 2026AED 1,148,455509 sq ft2,256Resale
181429 Jan 2026AED 1,400,000521 sq ft2,687Resale
171627 Nov 2025AED 1,065,000506 sq ft2,105Resale
15175 Nov 2025AED 940,000492 sq ft1,911Resale
15053 Nov 2025AED 1,016,000521 sq ft1,950Resale

How we worked out the value

We took the 5 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,159). We multiplied it by the size of this unit (512 sq ft). The range uses the middle half of those sales (AED 2,068 to AED 2,238 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,217,857. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1506 at SOL Bay worth?

About AED 1,105,000 (range AED 1,059,000 to AED 1,146,000), based on AED 2,159 per sq ft from registered sales up to 10 Sep 2026.

When did unit 1506 last sell?

11 Oct 2024, for AED 1,058,888 (resale). It has 1 registered sale.

What rent can unit 1506 make?

A studio in SOL Bay rents for about AED 68,000 a year (median asking rent). That is a gross yield of 6.2% on the estimate.

Sales alert for SOL BayAll sales in SOL Bay

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