Unit 1516, SOL Bay: what it sold for and what it is worth now

Unit 1516 at SOL Bay is a studio of 506 sq ft. It last sold for AED 968,888 on 20 May 2024. At AED 2,099 per sq ft, from 4 sales of units ending 16 (same position in the tower), it is worth about AED 1,062,000 today.

Value todayAED 1,062,000AED 1,057,000 to AED 1,074,000
Last saleAED 968,88820 May 2024 · Resale
Change since last sale+9.6%Building trend alone: AED 1,116,879
Rent (median asking, studio)AED 68,000Gross yield 6.4%
Bedroomsstudio
Size506 sq ft
Floor15 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingSOL Bay by SOL Properties, handed over 2020
Registered sales of this unit1

Every registered sale of unit 1516

DatePriceSizeAED/sq ftType
20 May 2024AED 968,888506 sq ft1,915Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
171627 Nov 2025AED 1,065,000506 sq ft2,105Resale
19163 Oct 2024AED 1,058,888506 sq ft2,093Resale
181630 Sep 2024AED 1,050,000506 sq ft2,075Resale
141616 Sep 2024AED 1,099,000506 sq ft2,172Resale
131619 Jun 2024AED 975,000506 sq ft1,927Resale
171615 Apr 2024AED 948,888506 sq ft1,875Resale
161629 Mar 2024AED 938,888506 sq ft1,856Resale
131613 Aug 2023AED 500,000506 sq ft988Resale

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 4 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,099). We multiplied it by the size of this unit (506 sq ft). The range uses the middle half of those sales (AED 2,088 to AED 2,122 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,116,879. 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 1516 at SOL Bay worth?

About AED 1,062,000 (range AED 1,057,000 to AED 1,074,000), based on AED 2,099 per sq ft from registered sales up to 10 Sep 2026.

When did unit 1516 last sell?

20 May 2024, for AED 968,888 (resale). It has 1 registered sale.

What rent can unit 1516 make?

A studio in SOL Bay rents for about AED 68,000 a year (median asking rent). That is a gross yield of 6.4% on the estimate.

Sales alert for SOL BayAll sales in SOL Bay

Unit 1515 · Unit 1517