Studio · 441 sqftPolaris Tower, Business Bay · 17th floor · completed 2022

1709, 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.

Unit 1709 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 242K15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Polaris Tower

What is 1709 worth today?

Last sold for AED 242,495 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2022Sold by developerOff-plan
AED 242,495AED 550 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
17th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 242K · December 2022

About 1709, Polaris Tower

1709 is a studio of 441 sqft on the 17th 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 242,495, 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 1709 over time

Sales
Unit 1709, each saleTypical studio in Polaris Tower
200K400K2009201320172021Typical sale price by year: 2009 AED 517,782; 2012 AED 407,821; 2015 AED 411,993; 2016 AED 442,408; 2022 AED 238,205; 2023 AED 248,474Sold by developer, December 2022: AED 242,495 (AED 550 per sqft)

1709 has sold once; the dashed line is the studio median of each year in the building.

Studios in Polaris Tower, and where 1709 sits

All 97 studios →

1709 last sold in December 2022 at AED 550 per sqft, in line with what studios in Polaris Tower were fetching at the time (AED 550).

Recent studio salesUnit no.Price (AED)Summary
15 Nov 2024490,000
27 Jul 2023240,537
29 Mar 2023248,474
22 Mar 2023248,474
0 studio 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 17th floor

All 210 units in Polaris Tower
Value
17011-bedAED 1.16M · Jul 2009
1702StudioAED 484K · Jul 2009
17031-bedAED 789K · Jul 2009
17041-bedAED 712K · Jun 2016
1705StudioAED 427K · Jul 2009
17061-bedAED 687K · Jul 2009
17071-bedAED 737K · Jul 2009
1–7 of 22

1709, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 15 December 2022 for AED 242,495, or AED 550 per sqft.

Source: Dubai Land Department. Updated 15 December 2022.

Questions about 1709, Polaris Tower

What did unit 1709 last sell for?

AED 242,495 on 15 December 2022, sold by the developer: AED 550 per sqft for 441 sqft. It is the only registered sale of the unit.

How big is unit 1709?

441 sqft (41.0 sqm): a studio on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1709? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1709, Polaris Tower

Starts from the last sale price (AED 242K, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 242,495
Deposit, UAE resident (20%)
AED 48,499
Deposit, non-resident (40%)
AED 96,998
Monthly over 25 years at 3.7%
AED 992

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