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Studio · 437 sqftPolaris Tower, Business Bay · 20th floor · completed 2022

2011, Polaris Tower

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2011 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 241K21 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2011, Polaris Tower

What is 2011 worth today?

Last sold for AED 240,537 in 2023

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21 Mar 2023Sold by developerOff-plan
AED 240,537AED 550 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
20th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 241K · March 2023
Building
Polaris Tower

About 2011, Polaris Tower

2011 is a studio of 437 sqft on the 20th floor of Polaris Tower, a 28-storey tower in Business Bay completed in 2022 by Silver Sky Properties. The developer sold it on 21 March 2023 for AED 240,537, 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 2011 over time

Sales
Unit 2011, 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, March 2023: AED 240,537 (AED 550 per sqft)

2011 has sold once; the dashed line is the studio median of each year in the building.

Studios in Polaris Tower, and where 2011 sits

All 97 studios →

2011 last sold in March 2023 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 20th floor

All 210 units in Polaris Tower
Value
20011-bedAED 464K · Dec 2022
2002StudioAED 220K · Dec 2022
20031-bedAED 314K · Sep 2022
20041-bedAED 805K · Jul 2009
2005StudioAED 488K · Jul 2009
20061-bedAED 800K · Nov 2023
20071-bedAED 782K · Nov 2023
1–7 of 22

2011, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 21 March 2023 for AED 240,537, or AED 550 per sqft.

Source: Dubai Land Department. Updated 21 March 2023.

Questions about 2011, Polaris Tower

What did unit 2011 last sell for?

AED 240,537 on 21 March 2023, sold by the developer: AED 550 per sqft for 437 sqft. It is the only registered sale of the unit.

How big is unit 2011?

437 sqft (40.6 sqm): a studio on the 20th floor of a 28-storey tower completed in 2022.

What is unit 2011 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 2011, Polaris Tower

Starts from the last sale price (AED 241K, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 240,537
Deposit, UAE resident (20%)
AED 48,107
Deposit, non-resident (40%)
AED 96,215
Monthly over 25 years at 3.7%
AED 984

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