SOL Bay
✓ Resale Available

SOL Bay

From AED 2.04M·Completed Jan 2020·20% down payment Payment
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AED 2.04M
Starting Price
Jan 2020
Handover
20% down payment
Payment Plan
Office · Retail
Type

Project Overview

SOL Bay is a stunning residential complex by SOL Properties, featuring three basement levels, a ground level, two podium levels, and seventeen residential floors with apartments. It proudly stands in the heart of Business Bay, one of Dubai’s most prestigious and vibrant districts. The building’s architecture captivates with a contrast of light and dark tones, highlighting its modern style, while the apartments blend space, elegance, and comfort. The 17 residential floors offer stylish studios and one- or two-bedroom apartments, with breathtaking views of radiant Dubai—a city of dreams and opportunities. Residents of SOL Bay enjoy top-tier amenities designed for comfort and pleasure. These include a modern gym for staying fit, an open pool with pristine water for relaxation, and 24/7 security ensuring safety. Each apartment is equipped with built-in wardrobes, central air conditioning, cozy balconies, and premium kitchens with high-end appliances, meeting the highest living standards. Located ideally in Business Bay, it’s just 2 minutes to Dubai Water Canal, 5 minutes to Burj Khalifa and Dubai Mall, 13-14 minutes to the airport and Dubai Design District, and 25 minutes to DWC. SOL Bay combines luxury, comfort, and a smart investment opportunity.

Project Specifications
DeveloperSOL Properties
LocationBusiness Bay
Unit TypesOffice, Retail, 1 BR, Apartments, Commerce
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 88,026 / year
Cash-on-Cash
1.8%
Levered cashflow AED 20,706
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 132,600 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
SOL Bay launch basis2,267AED 2.04MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

SOL Bay — View 2
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SOL Bay official render 1

SOL Bay official render 1

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SOL Bay official render 2

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SOL Bay official render 3

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SOL Bay official render 8

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SOL Bay official render 9

SOL Bay official render 10

SOL Bay official render 10

Astraterra Properties

Official Documents

Download official marketing materials from SOL Properties.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Central A/C
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Leisure areas
Lift
Lobby
Parking
Recreational areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Social zone

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

SOL Bay by SOL Properties

02

Located in Business Bay

03

Starting from AED 2,040,000

04

Unit mix includes Office, Retail, 1 BR, Apartments

05

Expected handover: Jan 2020

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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