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1-bed · 843 sqftPolaris Tower, Business Bay · 15th floor · completed 2022

1501, Polaris Tower

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 3 August 2017
Last soldAED 1.01M3 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Polaris Tower

What is 1501 worth today?

Last sold for AED 1,008,013 in 2017

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3 Aug 2017Sold by developerOff-plan
AED 1,008,013AED 1,196 per sqft

Source: Dubai Land Department. Updated 3 August 2017.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
15th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 1.01M · August 2017
Building
Polaris Tower

About 1501, Polaris Tower

1501 is a one-bedroom apartment of 843 sqft on the 15th floor of Polaris Tower, a 28-storey tower in Business Bay completed in 2022 by Silver Sky Properties. The developer sold it on 3 August 2017 for AED 1,008,013, or AED 1,196 per sqft, 3% below the AED 1,236 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical one-bed in Polaris Tower
500K1M20092013201720212025Typical sale price by year: 2009 AED 807,084; 2012 AED 629,443; 2016 AED 637,288; 2017 AED 685,331; 2022 AED 304,948; 2023 AED 464,090; 2024 AED 350,000Sold by developer, August 2017: AED 1,008,013 (AED 1,196 per sqft)

1501 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Polaris Tower, and where 1501 sits

All 113 1-beds →

1501 last sold in August 2017 at AED 1,196 per sqft, 3% below what one-beds in Polaris Tower were fetching at the time (AED 1,236).

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 2025960,000
20 Jun 2024350,000
22 May 2024350,000
29 Apr 2024350,000
0 1-bed sales in the last 12 months

Polaris Tower

Building

210 apartments, studios to 1-bed over 28 floors in Business Bay, completed in 2022 by Silver Sky Properties. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Polaris Tower, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 210 units in Polaris Tower
Value
15031-bedAED 772K · Jul 2009
15041-bedAED 734K · Jul 2009
1505StudioAED 422K · Jun 2012
15061-bedAED 679K · Jul 2009
15071-bedAED 728K · Jul 2009
1508StudioAED 470K · Jul 2012
1509StudioAED 599K · Jul 2009
1–7 of 22

1501, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 3 August 2017 for AED 1,008,013, or AED 1,196 per sqft.

Source: Dubai Land Department. Updated 3 August 2017.

Questions about 1501, Polaris Tower

What did unit 1501 last sell for?

AED 1,008,013 on 3 August 2017, sold by the developer: AED 1,196 per sqft for 843 sqft. It is the only registered sale of the unit.

How big is unit 1501?

843 sqft (78.3 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2022.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1501, Polaris Tower

Starts from the last sale price (AED 1.01M, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,008,013
Deposit, UAE resident (20%)
AED 201,603
Deposit, non-resident (40%)
AED 403,205
Monthly over 25 years at 3.7%
AED 4,124

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →