1601, Polaris Tower
Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Polaris Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 15 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 843 sqft
- Floor
- 16th of 28
- Parking
- nan
- Developer
- Silver Sky Properties
- Completed
- 2022
- Last sold
- AED 464K · December 2022
- Building
- Polaris Tower
About 1601, Polaris Tower
1601 is a one-bedroom apartment of 843 sqft on the 16th floor of Polaris Tower, a 28-storey tower in Business Bay completed in 2022 by Silver Sky Properties. The developer sold it on 15 December 2022 for AED 463,551, or AED 550 per sqft, in line with the AED 550 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Polaris Tower, and where 1601 sits
All 113 1-beds →1601 last sold in December 2022 at AED 550 per sqft, in line with what one-beds in Polaris Tower were fetching at the time (AED 550).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202516 June 2025 | 844 sqft | 960,000 | 1,137 | ||
| 20 Jun 202420 June 2024 | 561 sqft | 350,000 | 623 | ||
| 22 May 202422 May 2024 | 571 sqft | 350,000 | 613 | ||
| 29 Apr 202429 April 2024 | 561 sqft | 350,000 | 623 |
Polaris Tower
Building210 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
Other units on the 16th floor
All 210 units in Polaris Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | Studio | 399 sqft | AED 394KAED 394,053 · Jun 2012June 2012 | ||
| 1603 | 1-bed | 571 sqft | AED 772KAED 772,345 · Jul 2009July 2009 | ||
| 1604 | 1-bed | 543 sqft | AED 739KAED 738,628 · Jul 2009July 2009 | ||
| 1605 | Studio | 325 sqft | AED 420KAED 419,949 · Jul 2009July 2009 | ||
| 1607 | 1-bed | 561 sqft | AED 505KAED 505,305 · Feb 2016February 2016 | ||
| 1608 | Studio | 393 sqft | AED 473KAED 473,160 · Jul 2009July 2009 | ||
| 1609 | Studio | 441 sqft | AED 562KAED 562,148 · Jul 2009July 2009 | ||
| 1610 | Studio | 433 sqft | AED 521KAED 521,453 · Jul 2009July 2009 | ||
| 1611 | Studio | 437 sqft | AED 594KAED 594,230 · Jul 2009July 2009 | ||
| 1612 | 1-bed | 844 sqft | AED 960KAED 960,000 · Jun 2025June 2025 | ||
| 1613 | 1-bed | 839 sqft | AED 461KAED 461,395 · Jan 2023January 2023 | ||
| 1614 | Studio | 399 sqft | AED 473KAED 472,716 · Jul 2009July 2009 | ||
| 1615 | 1-bed | 592 sqft | AED 830KAED 830,384 · Jul 2009July 2009 | ||
| 1616 | 1-bed | 546 sqft | AED 739KAED 739,365 · Jul 2009July 2009 | ||
| 1617 | Studio | 325 sqft | AED 440KAED 440,456 · Jul 2009July 2009 | ||
| 1618 | 1-bed | 554 sqft | AED 305KAED 304,948 · Nov 2022November 2022 | ||
| 1619 | 1-bed | 601 sqft | AED 844KAED 843,509 · Aug 2022August 2022 | ||
| 1620 | Studio | 403 sqft | AED 485KAED 485,332 · Jul 2009July 2009 | ||
| 1621 | Studio | 458 sqft | AED 552KAED 551,962 · Jul 2009July 2009 | ||
| 1622 | Studio | 452 sqft | AED 248KAED 248,474 · Nov 2022November 2022 | ||
| 1623 | Studio | 452 sqft | AED 248KAED 248,474 · Nov 2022November 2022 |
1601, Polaris Tower in numbers
- Sold once: by Silver Sky Properties on 15 December 2022 for AED 463,551, or AED 550 per sqft.
Source: Dubai Land Department. Updated 15 December 2022.
Questions about 1601, Polaris Tower
What did unit 1601 last sell for?
AED 463,551 on 15 December 2022, sold by the developer: AED 550 per sqft for 843 sqft. It is the only registered sale of the unit.
How big is unit 1601?
843 sqft (78.3 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2022.
What is unit 1601 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 1601, Polaris Tower
Starts from the last sale price (AED 464K, 15 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 463,551
- Deposit, UAE resident (20%)
- AED 92,710
- Deposit, non-resident (40%)
- AED 185,420
- Monthly over 25 years at 3.7%
- AED 1,897
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →