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1-bed · 844 sqftPolaris Tower, Business Bay · 16th floor · completed 2022

1612, Polaris Tower

Sold prices and rental history: sold twice, last in June 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 16 June 2025
Last soldAED 960K16 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1612, Polaris Tower

What is 1612 worth today?

Last sold for AED 960,000 in 2025

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16 Jun 2025SoldOff-plan
AED 960,000AED 1,137 per sqft
14 Mar 2016Sold by developerOff-plan
AED 885,150AED 1,049 per sqft

Source: Dubai Land Department. Updated 16 June 2025.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
16th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 960K · June 2025
Building
Polaris Tower

About 1612, Polaris Tower

1612 is a one-bedroom apartment of 844 sqft on the 16th floor of Polaris Tower, a 28-storey tower in Business Bay completed in 2022 by Silver Sky Properties. It last sold on 16 June 2025 for AED 960,000, or AED 1,137 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1612 over time

Sales
Unit 1612, each saleTypical one-bed in Polaris Tower
500K1M2009201420192024Typical 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, March 2016: AED 885,150 (AED 1,049 per sqft)Sold, June 2025: AED 960,000 (AED 1,137 per sqft)

1612 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Polaris Tower, and where 1612 sits

All 113 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
20 Jun 2024350,000
22 May 2024350,000
29 Apr 2024350,000
4 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 16th floor

All 210 units in Polaris Tower
Value
16011-bedAED 464K · Dec 2022
1602StudioAED 394K · Jun 2012
16031-bedAED 772K · Jul 2009
16041-bedAED 739K · Jul 2009
1605StudioAED 420K · Jul 2009
16071-bedAED 505K · Feb 2016
1608StudioAED 473K · Jul 2009
1–7 of 21

1612, Polaris Tower in numbers

  • Sold twice: first on 14 March 2016 for AED 885,150, last on 16 June 2025 for AED 960,000 (AED 1,137 per sqft).

Source: Dubai Land Department. Updated 16 June 2025.

Questions about 1612, Polaris Tower

What did unit 1612 last sell for?

AED 960,000 on 16 June 2025: AED 1,137 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 885,150 in March 2016.

How big is unit 1612?

844 sqft (78.4 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2022.

What is unit 1612 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 1612, Polaris Tower

Starts from the last sale price (AED 960K, 16 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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