1-bed · 463 sqftPolaris Tower, Business Bay · 17th floor · completed 2022

1724, Polaris Tower

Sold prices and rental history: sold once, by the developer in July 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1724 · DLD and Ejari recordsUpdated 11 July 2012
Last soldAED 483K11 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1724, Polaris Tower

What is 1724 worth today?

Last sold for AED 483,011 in 2012

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11 Jul 2012Sold by developerOff-plan
AED 483,011AED 1,042 per sqft

Source: Dubai Land Department. Updated 11 July 2012.

Key facts

Type
1-bed apartment
Size
463 sqft
Floor
17th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 483K · July 2012

About 1724, Polaris Tower

1724 is a one-bedroom apartment of 463 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 11 July 2012 for AED 483,011, or AED 1,042 per sqft, 16% below the AED 1,237 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1724 over time

Sales
Unit 1724, 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 2012: AED 483,011 (AED 1,042 per sqft)

1724 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Polaris Tower, and where 1724 sits

All 113 1-beds →

1724 last sold in July 2012 at AED 1,042 per sqft, 16% below what one-beds in Polaris Tower were fetching at the time (AED 1,237).

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 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

1724, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 11 July 2012 for AED 483,011, or AED 1,042 per sqft.

Source: Dubai Land Department. Updated 11 July 2012.

Questions about 1724, Polaris Tower

What did unit 1724 last sell for?

AED 483,011 on 11 July 2012, sold by the developer: AED 1,042 per sqft for 463 sqft. It is the only registered sale of the unit.

How big is unit 1724?

463 sqft (43.0 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2022.

What is unit 1724 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 1724, Polaris Tower

Starts from the last sale price (AED 483K, 11 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 483,011
Deposit, UAE resident (20%)
AED 96,602
Deposit, non-resident (40%)
AED 193,204
Monthly over 25 years at 3.7%
AED 1,976

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