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1-bed · 546 sqftPolaris Tower, Business Bay · 16th floor · completed 2022

1616, Polaris Tower

Sold prices and rental history: sold once, by the developer in July 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1616 · DLD and Ejari recordsUpdated 16 July 2009
Last soldAED 739K16 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1616, Polaris Tower

What is 1616 worth today?

Last sold for AED 739,365 in 2009

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16 Jul 2009Sold by developerOff-plan
AED 739,365AED 1,354 per sqft

Source: Dubai Land Department. Updated 16 July 2009.

Key facts

Type
1-bed apartment
Size
546 sqft
Floor
16th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 739K · July 2009
Building
Polaris Tower

About 1616, Polaris Tower

1616 is a one-bedroom apartment of 546 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 16 July 2009 for AED 739,365, or AED 1,354 per sqft, 3% below the AED 1,402 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1616 over time

Sales
Unit 1616, each saleTypical one-bed in Polaris Tower
250K500K750K20092013201720212025Typical 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, July 2009: AED 739,365 (AED 1,354 per sqft)

1616 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Polaris Tower, and where 1616 sits

All 113 1-beds →

1616 last sold in July 2009 at AED 1,354 per sqft, 3% below what one-beds in Polaris Tower were fetching at the time (AED 1,402).

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 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

1616, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 16 July 2009 for AED 739,365, or AED 1,354 per sqft.

Source: Dubai Land Department. Updated 16 July 2009.

Questions about 1616, Polaris Tower

What did unit 1616 last sell for?

AED 739,365 on 16 July 2009, sold by the developer: AED 1,354 per sqft for 546 sqft. It is the only registered sale of the unit.

How big is unit 1616?

546 sqft (50.7 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2022.

What is unit 1616 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 1616, Polaris Tower

Starts from the last sale price (AED 739K, 16 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 739,365
Deposit, UAE resident (20%)
AED 147,873
Deposit, non-resident (40%)
AED 295,746
Monthly over 25 years at 3.7%
AED 3,025

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