JRE · Joshi Real Estate
SOL Bay

SOL Bay

Business Bay, Dubai
From
AED 2,000,000
Handover
Q4 2020
Enquire
The Project
From
AED 2,000,000
Status
Sold out
Handover
Q4 2020
Size
850–1,434 sqft
Residences
Construction
100% complete
Furnishing
no
Service charge
14 AED/sqft
Buildings
1

SOL Bay is a completed residential tower by SOL Properties on the Business Bay canal district, offering studio, one-bedroom and two-bedroom apartments across 17 storeys. It delivered in Q4 2020 and is fully handed over.

# The tower and its position in Business Bay

Business Bay sits directly south of Downtown Dubai, separated from it by Sheikh Zayed Road and connected to it by the canal waterfront. The district has matured considerably since its mid-2000s conception: it now holds a dense mix of hotel brands, corporate headquarters and residential towers, with a walkable promenade along the water that serves the neighbourhood in a way few other Dubai addresses can claim.

SOL Bay occupies a plot within this grid. At 17 floors, it is a mid-rise by Dubai's standards, which tends to mean more generous floor-to-ceiling proportions and a more human sense of scale than the district's supertowers. The ground floor contains retail and food-and-beverage space; two podium levels are designated for offices. Residential floors run from level three to seventeen.

# Residences, layouts and specification

The building covers studio through two-bedroom configurations, with sizes running from approximately 850 sq ft to just under 1,434 sq ft. That range places even the larger units in a compact bracket by international standards, though the full-height window walls described in the developer's original brief do carry through to the delivered product, pulling natural light into floorplans that might otherwise feel contained.

Apartments are unfurnished, giving buyers and tenants a clean canvas. Service charges are set at 14 AED per sq ft annually, which is broadly in line with comparable mid-rise stock in Business Bay.

The building does not carry a hotel-style fitout or branded residences programme. What it offers is conventional residential specification in a completed, stabilised asset.

# On-site amenities

SOL Bay's amenity offering is focused rather than extensive: a swimming pool and a fully equipped gym. There is no spa, no co-working lounge, no concierge service listed in the project's registered documentation. For buyers expecting resort-style facilities, this is worth calibrating expectations against. For buyers prioritising a lower service charge and a quieter building, the restrained amenity footprint is a reasonable trade.

# The Business Bay address in practice

The district's connectivity is one of its strongest arguments. The Business Bay Metro station on the Red Line sits within walking distance for most towers in the area, and Sheikh Zayed Road provides fast access north to DIFC and south toward Dubai Hills and Al Quoz. Downtown Dubai, with its retail, dining and cultural infrastructure, is reachable in minutes by car or on foot along the canal.

Everyday infrastructure, including supermarkets, clinics, pharmacies and international schools, has filled in across Business Bay and the adjacent districts over the past decade. The area functions as a genuine residential neighbourhood rather than a purely transactional address.

# Who buys SOL Bay, and why

SOL Bay's price band, from AED 2 million to approximately AED 2.08 million, positions it in the entry tier of Business Bay's completed inventory. For an international buyer seeking a relatively low-maintenance Dubai base or a buy-to-let asset in a proven rental market, a fully delivered mid-rise with canal-district connectivity and a stable service charge makes a straightforward financial case.

The project is currently out of stock, which means secondary market acquisition is the route in. Buyers approaching via resale should commission an independent valuation and review the building's jointly owned property report before proceeding. The fundamentals of the asset, location, completion status, and a clear cost structure, remain sound.

Structure

Payment plan

Payment Plan
Post-handover available
  1. Step 1
    20%
    On booking
  2. Step 2
    80%
    Within 2 months
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking20%AED 400,000
Within 2 months80%AED 1,600,000
Total100%AED 2,000,000
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Lifestyle

Amenities

Swimming Pool
Gym
Setting

Location

Set in Business Bay, Dubai. Explore more in our Business Bay guide.

Resources

Documents

Escrow number
001582077123601
Service charge
14 AED/sqft
Furnishing
no
Construction start
2015-01-15
Construction end
2020-12-31
0
Buildings
1
Readiness
100%
Buildings
  • Tower

    Studio, 1 & 2 bedroom apartments

Parking
  • 2 BR apartment1 space
  • 1 BR apartment1 space
  • apartment1 space
Questions

Frequently asked

Who is the developer of SOL Bay ?+

SOL Properties

Where is SOL Bay located?+

SOL Bay is located in Business Bay, Dubai, United Arab Emirates.

When is SOL Bay handing over?+

Handover is scheduled for Q4 2020; the project is 100% complete.

What is the price of SOL Bay ?+

Prices at SOL Bay currently range from AED 2,000,000 to AED 2,084,000.

Is SOL Bay registered with escrow?+

Yes, SOL Bay has escrow number 001582077123601 with the Dubai Land Department.

Enquire about SOL Bay

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