Location: Business Bay, Dubai (Strategically located adjacent to Downtown Dubai and Mohammed Bin Rashid City. SOL Bay offers direct access to the Dubai Water Canal and is just minutes from Al Khail Road, Dubai Mall, DIFC, and Dubai International Airport. Surrounded by 5-star hotels, retail, and lifestyle amenities.)

SOL · Business Bay
SOL Bay Offices
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- Sizes
- 1,186 to 2,429.8 sq ft
- Parking
- Covered parking for residents and commercial tenants
- Handover
- Ready
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Property
SOL Bay by Sol Properties
Project Overview
- Mixed-use tower comprising residential, office, and retail components
- Office units located on two dedicated podium levels (Podium 1 & 2)
- Contemporary architecture with full-height glazing and panoramic city views
- Grand residential and dedicated office lobbies with separate access points
- Retail and F&B on ground floor for added convenience
- Developed by Sol Properties, with over 40 years of delivery track record
- Project completed in 2020
Building Configuration
- Height: B + G + 2 Podium + 17 Residential Floors
- Residential Units: Studio, 1 and 2 Bedroom Apartments
- Office Units: Located on Podium 1 and 2
- Retail Units: Ground Floor
- Parking: Covered parking for residents and commercial tenants
Office Space Overview
- Available Sizes: From 1,186 sq. ft. to 2,429.8 sq. ft.
- Starting Price: From AED 2,600 PSF
- Location: Podium Levels 1 & 2
- Status: Ready
- Payment Terms: 100% payable within 90 days
Office Space Features
- Large-format windows offering natural light and expansive views
- Designed for professional businesses across multiple sectors
- Located within a highly visible tower on a prime Business Bay plot
- Fully secured with 24/7 CCTV and access-controlled entry
- Served by a dedicated office lobby and vertical transportation
- Covered parking allocated for each unit
Amenities
- Rooftop swimming pool with sundeck
- Fully equipped gymnasium
- Landscaped leisure deck
- 24/7 building security and surveillance
- Concierge and reception in residential lobby
- Access to retail and dining on the ground floor
Design & Finishes
- Contemporary façade with vertical glazing and architectural symmetry
- Natural light-enhancing full-height windows in all units
- Elegantly finished common areas with high-specification materials
- Smart layout and space-efficient design in all offices
Views
- Panoramic views of the Burj Khalifa and Downtown Dubai skyline
- Close proximity to Dubai Water Canal
- Offices overlook the cityscape and surrounding commercial developments
Location
SOL Bay — Business Bay, Dubai
Illustrative model
Scenario modeller
Set your own assumptions and see how SOL Bay Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are considering.
Method
- Handover
- The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
- Gross yield
- Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
- Net yield
- (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
- Rent growth
- Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
- ROI
- Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
- ROE
- Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
- Cash-on-cash return
- Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
- IRR
- The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.
An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.
Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.


