Sol Bay in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Sol Bay

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	70	24,488	1,702,400

Rents in Sol Bay

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	47	1,507	71,333
1	80	1,232	98,167

The cap rate (rental yield) of investments into Sol Bay project is 5.3% on average.

The price of an apartment in Sol Bay is 24,488 AED/sqm on average.

The long term rent of an apartment in Sol Bay is 1,295 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Sol Bay is 1,702,400 AED or 24,488 AED/sqm.

Rent for Studio apartment in Sol Bay is 71,333 AED or 1,507 AED/sqm.
Rent for 1 bedroom apartment in Sol Bay is 98,167 AED or 1,232 AED/sqm.

About Sol Bay

'Sol Bay' in 'Business Bay' area project description

Sol Bay is a distinctive mixed-use development in the vibrant Business Bay area of Dubai, epitomizing modern urban living with a blend of residential and commercial spaces. Rising with sophisticated architectural design, Sol Bay offers an array of amenities tailored to the needs of both residents and professionals, making it a sought-after address in one of Dubai’s most dynamic districts.

The project comprises apartments, offices, and retail spaces, thoughtfully integrated to maximize convenience and comfort. The residential component includes studio, one-bedroom, and two-bedroom apartments, each designed with contemporary aesthetics and equipped with high-quality finishes. These living spaces are characterized by floor-to-ceiling windows, open-plan layouts, and expansive balconies, providing panoramic views of the Dubai skyline and the bustling Business Bay area.

Sol Bay is designed to cater to the lifestyle needs of its residents, with a plethora of amenities that include a state-of-the-art fitness center, a temperature-controlled swimming pool, and dedicated children’s play areas. For those who enjoy an active lifestyle, the development also features jogging tracks and landscaped gardens, offering a perfect retreat within the city.

Commercial spaces within Sol Bay cater to businesses looking for a prestigious address with modern infrastructure. The offices are equipped with cutting-edge facilities, high-speed internet, and ample parking, ensuring a seamless work environment. Additionally, the retail spaces on the ground floor include an array of shops, cafes, and restaurants, providing residents and visitors with a variety of dining and shopping options right at their doorstep.

Its strategic location in the heart of Business Bay places Sol Bay at the epicenter of Dubai's commercial and social activities. The development enjoys excellent connectivity, with easy access to major highways such as Sheikh Zayed Road and Al Khail Road, and is in close proximity to the Dubai Mall, Burj Khalifa, and Dubai Canal. This makes commuting and access to essential services and entertainment hubs extremely convenient for residents and visitors alike.

Sol Bay's modern design, coupled with its strategic location and comprehensive amenities, makes it an appealing choice for investors, homebuyers, and businesses. It embodies the luxurious yet practical lifestyle that Dubai is renowned for, offering a harmonious blend of living, working, and leisure spaces. As Business Bay continues to grow as a commercial and residential hub, Sol Bay stands out as a prime development that promises to deliver both value and a superior living experience.

Q&A on Sol Bay

What projects are better than 'Sol Bay' project in Dubai which are located close by, and why?

1. The Pad: Designed by developer Omniyat, known for its unique architecture. It offers high-tech living spaces with smart home automation and creative design elements inspired by the iPod. Also, its proximity to the Dubai Water Canal adds a scenic touch.

2. Paramount Tower Hotel & Residences: Developed by DAMAC Properties, combines luxurious residences with five-star hotel services. Its Hollywood-themed interior design, high-end amenities, and panoramic views appeal to buyers looking for opulence and convenience.

3. Millennium Binghatti Residences: Featuring innovative design by Binghatti Developers, it champions sustainability with eco-friendly building practices. The location offers close proximity to the Dubai Water Canal, retail, and dining options, plus it boasts unique architectural elements.

4. The Atria: Managed by serviced apartment giant Millennium Hotels, it provides hotel-quality services such as housekeeping, concierge, and gourmet dining, appealing to both short-term visitors and long-term residents.

5. DAMAC Towers by Paramount: Four towers offering a mix of residential and hotel apartments, known for their opulent interiors and top-notch amenities. Residents have access to a wellness center, movie screening room, and fine dining options.

6. Ubora Towers: Offers a mix of commercial and residential units, designed with high-quality finishes and expansive layouts. It also includes offices, adding mixed-use appeal for professionals looking to live and work in the same location.

7. Executive Towers: A large-scale mixed-use development by Dubai Properties, featuring residential, commercial, and retail spaces. It offers a variety of apartment layouts, plus a dedicated shopping mall, Bay Avenue, right on site.

These projects stand out due to their unique architectural designs, luxury amenities, sustainability features, and superior management services.

What are the closest schools to 'Sol Bay' project in Dubai?

The 'Sol Bay' project is located in Business Bay, one of the most prominent business and residential areas in Dubai. Here are some of the closest schools to the 'Sol Bay' project:

1. GEMS Wellington Primary School: Located in Al Satwa, this school offers the British curriculum and is well-regarded in the community.

2. Clarion School: Situated in Al Quoz, this school provides an American curriculum and focuses on a broad, inclusive educational approach.

3. International Horizons College: Also located in Business Bay, this institution offers a rigorous academic program designed for students aiming for higher education in the United States.

4. Hartland International School: This school, located in Sobha Hartland which is a nearby community, offers a British curriculum and a wide range of extracurricular activities.

5. JSS Private School: Found in Al Safa, this school offers the Indian curriculum and is known for its academic excellence and holistic development programs.

6. Dubai International School - Al Quoz: This school offers an American curriculum and is committed to fostering a multicultural environment.

These options provide a mix of curricula and teaching styles, ensuring that residents of Sol Bay have access to a variety of educational opportunities for their children. For specific details about the schools, such as admission processes, fees, and academic programs, it’s advisable to contact the schools directly.