1622, 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.
Property timeline for 1622, Polaris Tower
What is 1622 worth today?
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Source: Dubai Land Department. Updated 24 November 2022.
Key facts
- Type
- Studio apartment
- Size
- 452 sqft
- Floor
- 16th of 28
- Parking
- nan
- Developer
- Silver Sky Properties
- Completed
- 2022
- Last sold
- AED 248K · November 2022
- Building
- Polaris Tower
About 1622, Polaris Tower
1622 is a studio of 452 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 24 November 2022 for AED 248,474, or AED 550 per sqft, in line with the AED 550 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1622 over time
1622 has sold once; the dashed line is the studio median of each year in the building.
Studios in Polaris Tower, and where 1622 sits
All 97 studios →1622 last sold in November 2022 at AED 550 per sqft, in line with what studios in Polaris Tower were fetching at the time (AED 550).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Nov 202415 November 2024 | 399 sqft | 490,000 | 1,227 | ||
| 27 Jul 202327 July 2023 | 437 sqft | 240,537 | 550 | ||
| 29 Mar 202329 March 2023 | 452 sqft | 248,474 | 550 | ||
| 22 Mar 202322 March 2023 | 452 sqft | 248,474 | 550 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 843 sqft | AED 464KAED 463,551 · Dec 2022December 2022 | ||
| 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 | ||
| 1623 | Studio | 452 sqft | AED 248KAED 248,474 · Nov 2022November 2022 |
1622, Polaris Tower in numbers
- Sold once: by Silver Sky Properties on 24 November 2022 for AED 248,474, or AED 550 per sqft.
Source: Dubai Land Department. Updated 24 November 2022.
Questions about 1622, Polaris Tower
What did unit 1622 last sell for?
AED 248,474 on 24 November 2022, sold by the developer: AED 550 per sqft for 452 sqft. It is the only registered sale of the unit.
How big is unit 1622?
452 sqft (42.0 sqm): a studio on the 16th floor of a 28-storey tower completed in 2022.
What is unit 1622 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 1622, Polaris Tower
Starts from the last sale price (AED 248K, 24 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 248,474
- Deposit, UAE resident (20%)
- AED 49,695
- Deposit, non-resident (40%)
- AED 99,390
- Monthly over 25 years at 3.7%
- AED 1,017
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →