2016, Polaris Tower
Sold prices and rental history: sold once, by the developer in July 2009, 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 2016, Polaris Tower
What is 2016 worth today?
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Source: Dubai Land Department. Updated 16 July 2009.
Key facts
- Type
- 1-bed apartment
- Size
- 546 sqft
- Floor
- 20th of 28
- Parking
- nan
- Developer
- Silver Sky Properties
- Completed
- 2022
- Last sold
- AED 796K · July 2009
- Building
- Polaris Tower
About 2016, Polaris Tower
2016 is a one-bedroom apartment of 546 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 16 July 2009 for AED 795,609, or AED 1,457 per sqft, 4% above the AED 1,402 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2016 over time
2016 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Polaris Tower, and where 2016 sits
All 113 1-beds →2016 last sold in July 2009 at AED 1,457 per sqft, 4% above what one-beds in Polaris Tower were fetching at the time (AED 1,402).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202516 June 2025 | 844 sqft | 960,000 | 1,137 | ||
| 20 Jun 202420 June 2024 | 561 sqft | 350,000 | 623 | ||
| 22 May 202422 May 2024 | 571 sqft | 350,000 | 613 | ||
| 29 Apr 202429 April 2024 | 561 sqft | 350,000 | 623 |
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 20th floor
All 210 units in Polaris Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 843 sqft | AED 464KAED 463,551 · Dec 2022December 2022 | ||
| 2002 | Studio | 399 sqft | AED 220KAED 219,522 · Dec 2022December 2022 | ||
| 2003 | 1-bed | 571 sqft | AED 314KAED 313,885 · Sep 2022September 2022 | ||
| 2004 | 1-bed | 543 sqft | AED 805KAED 805,453 · Jul 2009July 2009 | ||
| 2005 | Studio | 325 sqft | AED 488KAED 487,754 · Jul 2009July 2009 | ||
| 2006 | 1-bed | 534 sqft | AED 800KAED 800,000 · Nov 2023November 2023 | ||
| 2007 | 1-bed | 561 sqft | AED 782KAED 782,060 · Nov 2023November 2023 | ||
| 2009 | Studio | 441 sqft | AED 556KAED 555,827 · Jul 2009July 2009 | ||
| 2010 | Studio | 433 sqft | AED 238KAED 238,205 · Dec 2022December 2022 | ||
| 2011 | Studio | 437 sqft | AED 241KAED 240,537 · Mar 2023March 2023 | ||
| 2012 | 1-bed | 844 sqft | AED 464KAED 464,090 · Dec 2022December 2022 | ||
| 2013 | 1-bed | 839 sqft | AED 461KAED 461,395 · Dec 2022December 2022 | ||
| 2014 | Studio | 399 sqft | AED 521KAED 520,970 · Jul 2009July 2009 | ||
| 2015 | 1-bed | 592 sqft | AED 325KAED 325,380 · Oct 2022October 2022 | ||
| 2017 | Studio | 325 sqft | AED 454KAED 453,700 · Jul 2009July 2009 | ||
| 2018 | 1-bed | 554 sqft | AED 305KAED 304,948 · Nov 2022November 2022 | ||
| 2019 | 1-bed | 601 sqft | AED 876KAED 875,586 · Jul 2009July 2009 | ||
| 2020 | Studio | 403 sqft | AED 282KAED 282,049 · Jul 2009July 2009 | ||
| 2021 | Studio | 458 sqft | AED 638KAED 638,334 · Jul 2009July 2009 | ||
| 2022 | Studio | 452 sqft | AED 248KAED 248,474 · Mar 2023March 2023 | ||
| 2023 | Studio | 452 sqft | AED 248KAED 248,474 · Mar 2023March 2023 | ||
| 2024 | 1-bed | 463 sqft | AED 573KAED 572,762 · Nov 2016November 2016 |
2016, Polaris Tower in numbers
- Sold once: by Silver Sky Properties on 16 July 2009 for AED 795,609, or AED 1,457 per sqft.
Source: Dubai Land Department. Updated 16 July 2009.
Questions about 2016, Polaris Tower
What did unit 2016 last sell for?
AED 795,609 on 16 July 2009, sold by the developer: AED 1,457 per sqft for 546 sqft. It is the only registered sale of the unit.
How big is unit 2016?
546 sqft (50.7 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2022.
What is unit 2016 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 2016, Polaris Tower
Starts from the last sale price (AED 796K, 16 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 795,609
- Deposit, UAE resident (20%)
- AED 159,122
- Deposit, non-resident (40%)
- AED 318,244
- Monthly over 25 years at 3.7%
- AED 3,255
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →