1-bed · 554 sqftPolaris Tower, Business Bay · 16th floor · completed 2022

1618, Polaris Tower

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1618 · DLD and Ejari recordsUpdated 2 November 2022
Last soldAED 305K2 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1618, Polaris Tower

What is 1618 worth today?

Last sold for AED 304,948 in 2022

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2 Nov 2022Sold by developerOff-plan
AED 304,948AED 550 per sqft

Source: Dubai Land Department. Updated 2 November 2022.

Key facts

Type
1-bed apartment
Size
554 sqft
Floor
16th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 305K · November 2022

About 1618, Polaris Tower

1618 is a one-bedroom apartment of 554 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 2 November 2022 for AED 304,948, 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 1618 over time

Sales
Unit 1618, 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, November 2022: AED 304,948 (AED 550 per sqft)

1618 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Polaris Tower, and where 1618 sits

All 113 1-beds →

1618 last sold in November 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 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

1618, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 2 November 2022 for AED 304,948, or AED 550 per sqft.

Source: Dubai Land Department. Updated 2 November 2022.

Questions about 1618, Polaris Tower

What did unit 1618 last sell for?

AED 304,948 on 2 November 2022, sold by the developer: AED 550 per sqft for 554 sqft. It is the only registered sale of the unit.

How big is unit 1618?

554 sqft (51.5 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2022.

What is unit 1618 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 1618, Polaris Tower

Starts from the last sale price (AED 305K, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 304,948
Deposit, UAE resident (20%)
AED 60,990
Deposit, non-resident (40%)
AED 121,979
Monthly over 25 years at 3.7%
AED 1,248

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