1-bed · 546 sqftPolaris Tower, Business Bay · 23rd floor · completed 2022

2316, 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.

Unit 2316 · DLD and Ejari recordsUpdated 16 July 2009
Last soldAED 809K16 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2316, Polaris Tower

What is 2316 worth today?

Last sold for AED 808,715 in 2009

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16 Jul 2009Sold by developerOff-plan
AED 808,715AED 1,481 per sqft

Source: Dubai Land Department. Updated 16 July 2009.

Key facts

Type
1-bed apartment
Size
546 sqft
Floor
23rd of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 809K · July 2009

About 2316, Polaris Tower

2316 is a one-bedroom apartment of 546 sqft on the 23rd 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 808,715, or AED 1,481 per sqft, 6% 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 2316 over time

Sales
Unit 2316, 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 2009: AED 808,715 (AED 1,481 per sqft)

2316 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Polaris Tower, and where 2316 sits

All 113 1-beds →

2316 last sold in July 2009 at AED 1,481 per sqft, 6% above what one-beds in Polaris Tower were fetching at the time (AED 1,402).

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 23rd floor

All 210 units in Polaris Tower
Value
23041-bedAED 298K · Sep 2022
23071-bedAED 350K · Apr 2024
2317StudioAED 477K · Jul 2009

2316, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 16 July 2009 for AED 808,715, or AED 1,481 per sqft.

Source: Dubai Land Department. Updated 16 July 2009.

Questions about 2316, Polaris Tower

What did unit 2316 last sell for?

AED 808,715 on 16 July 2009, sold by the developer: AED 1,481 per sqft for 546 sqft. It is the only registered sale of the unit.

How big is unit 2316?

546 sqft (50.7 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2316 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 2316, Polaris Tower

Starts from the last sale price (AED 809K, 16 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 808,715
Deposit, UAE resident (20%)
AED 161,743
Deposit, non-resident (40%)
AED 323,486
Monthly over 25 years at 3.7%
AED 3,309

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