Studio · 325 sqftPolaris Tower, Business Bay · 23rd floor · completed 2022

2317, 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 2317 · DLD and Ejari recordsUpdated 16 July 2009
Last soldAED 477K16 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2317, Polaris Tower

What is 2317 worth today?

Last sold for AED 476,952 in 2009

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16 Jul 2009Sold by developerOff-plan
AED 476,952AED 1,466 per sqft

Source: Dubai Land Department. Updated 16 July 2009.

Key facts

Type
Studio apartment
Size
325 sqft
Floor
23rd of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 477K · July 2009

About 2317, Polaris Tower

2317 is a studio of 325 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 476,952, or AED 1,466 per sqft, 14% above the AED 1,291 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2317 over time

Sales
Unit 2317, 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, July 2009: AED 476,952 (AED 1,466 per sqft)

2317 has sold once; the dashed line is the studio median of each year in the building.

Studios in Polaris Tower, and where 2317 sits

All 97 studios →

2317 last sold in July 2009 at AED 1,466 per sqft, 14% above what studios in Polaris Tower were fetching at the time (AED 1,291).

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 23rd floor

All 210 units in Polaris Tower
Value
23041-bedAED 298K · Sep 2022
23071-bedAED 350K · Apr 2024
23161-bedAED 809K · Jul 2009

2317, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 16 July 2009 for AED 476,952, or AED 1,466 per sqft.

Source: Dubai Land Department. Updated 16 July 2009.

Questions about 2317, Polaris Tower

What did unit 2317 last sell for?

AED 476,952 on 16 July 2009, sold by the developer: AED 1,466 per sqft for 325 sqft. It is the only registered sale of the unit.

How big is unit 2317?

325 sqft (30.2 sqm): a studio on the 23rd floor of a 28-storey tower completed in 2022.

What is unit 2317 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 2317, Polaris Tower

Starts from the last sale price (AED 477K, 16 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 476,952
Deposit, UAE resident (20%)
AED 95,390
Deposit, non-resident (40%)
AED 190,781
Monthly over 25 years at 3.7%
AED 1,951

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