Studio · 325 sqftPolaris Tower, Business Bay · 22nd floor · completed 2022

2205, Polaris Tower

Sold prices and rental history: sold once, by the developer in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 16 October 2016
Last soldAED 442K16 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, Polaris Tower

What is 2205 worth today?

Last sold for AED 442,408 in 2016

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16 Oct 2016Sold by developerOff-plan
AED 442,408AED 1,360 per sqft

Source: Dubai Land Department. Updated 16 October 2016.

Key facts

Type
Studio apartment
Size
325 sqft
Floor
22nd of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 442K · October 2016

About 2205, Polaris Tower

2205 is a studio of 325 sqft on the 22nd floor of Polaris Tower, a 28-storey tower in Business Bay completed in 2022 by Silver Sky Properties. The developer sold it on 16 October 2016 for AED 442,408, or AED 1,360 per sqft, 31% above the AED 1,037 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2205 over time

Sales
Unit 2205, 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, October 2016: AED 442,408 (AED 1,360 per sqft)

2205 has sold once; the dashed line is the studio median of each year in the building.

Studios in Polaris Tower, and where 2205 sits

All 97 studios →

2205 last sold in October 2016 at AED 1,360 per sqft, 31% above what studios in Polaris Tower were fetching at the time (AED 1,037).

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 22nd floor

All 210 units in Polaris Tower
Value
22031-bedAED 765K · Aug 2017
22041-bedAED 298K · Sep 2022
22061-bedAED 294K · Sep 2022
22071-bedAED 309K · Sep 2022
2208StudioAED 216K · Sep 2022
22161-bedAED 300K · Sep 2022
22181-bedAED 305K · Oct 2022

2205, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 16 October 2016 for AED 442,408, or AED 1,360 per sqft.

Source: Dubai Land Department. Updated 16 October 2016.

Questions about 2205, Polaris Tower

What did unit 2205 last sell for?

AED 442,408 on 16 October 2016, sold by the developer: AED 1,360 per sqft for 325 sqft. It is the only registered sale of the unit.

How big is unit 2205?

325 sqft (30.2 sqm): a studio on the 22nd floor of a 28-storey tower completed in 2022.

What is unit 2205 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 2205, Polaris Tower

Starts from the last sale price (AED 442K, 16 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 442,408
Deposit, UAE resident (20%)
AED 88,482
Deposit, non-resident (40%)
AED 176,963
Monthly over 25 years at 3.7%
AED 1,810

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