1-bed · 561 sqftPolaris Tower, Business Bay · 24th floor · completed 2022

2407, Polaris Tower

Sold prices and rental history: sold once, by the developer in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 350K4 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Polaris Tower

What is 2407 worth today?

Last sold for AED 350,000 in 2024

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4 Apr 2024Sold by developerOff-plan
AED 350,000AED 623 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
1-bed apartment
Size
561 sqft
Floor
24th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 350K · April 2024

About 2407, Polaris Tower

2407 is a one-bedroom apartment of 561 sqft on the 24th floor of Polaris Tower, a 28-storey tower in Business Bay completed in 2022 by Silver Sky Properties. The developer sold it on 4 April 2024 for AED 350,000, or AED 623 per sqft, 25% below the AED 829 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, April 2024: AED 350,000 (AED 623 per sqft)

2407 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Polaris Tower, and where 2407 sits

All 113 1-beds →

2407 last sold in April 2024 at AED 623 per sqft, 25% below what one-beds in Polaris Tower were fetching at the time (AED 829).

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 24th floor

All 210 units in Polaris Tower
Value
24031-bedAED 350K · May 2024
24161-bedAED 300K · Sep 2022
24181-bedAED 305K · Jun 2022

2407, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 4 April 2024 for AED 350,000, or AED 623 per sqft.

Source: Dubai Land Department. Updated 4 April 2024.

Questions about 2407, Polaris Tower

What did unit 2407 last sell for?

AED 350,000 on 4 April 2024, sold by the developer: AED 623 per sqft for 561 sqft. It is the only registered sale of the unit.

How big is unit 2407?

561 sqft (52.1 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2022.

What is unit 2407 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 2407, Polaris Tower

Starts from the last sale price (AED 350K, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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