SOL Bay — project image
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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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 88,026 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,706
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 938,400 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from SOL Properties.

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Payment Structure

20% down payment

Published payment summary

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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

SOL Bay location map
Project location

Nearby Destinations

Business Bay

Developer and Project Facts

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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Property Enquiries

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

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