Studio · 393 sqftPolaris Tower, Business Bay · 28th floor · completed 2022

2808, Polaris Tower

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

Unit 2808 · DLD and Ejari recordsUpdated 17 May 2016
Last soldAED 491K17 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2808, Polaris Tower

What is 2808 worth today?

Last sold for AED 491,238 in 2016

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17 May 2016Sold by developerOff-plan
AED 491,238AED 1,249 per sqft

Source: Dubai Land Department. Updated 17 May 2016.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
28th of 28
Parking
nan
Developer
Silver Sky Properties
Completed
2022
Last sold
AED 491K · May 2016

About 2808, Polaris Tower

2808 is a studio of 393 sqft on the 28th floor of Polaris Tower, a 28-storey tower in Business Bay completed in 2022 by Silver Sky Properties. The developer sold it on 17 May 2016 for AED 491,238, or AED 1,249 per sqft, 21% above the AED 1,033 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2808 over time

Sales
Unit 2808, 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, May 2016: AED 491,238 (AED 1,249 per sqft)

2808 has sold once; the dashed line is the studio median of each year in the building.

Studios in Polaris Tower, and where 2808 sits

All 97 studios →

2808 last sold in May 2016 at AED 1,249 per sqft, 21% above what studios in Polaris Tower were fetching at the time (AED 1,033).

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 28th floor

All 210 units in Polaris Tower
Value
28071-bedAED 702K · May 2016
2814StudioAED 415K · Oct 2015
28241-bedAED 572K · Jun 2012

2808, Polaris Tower in numbers

  • Sold once: by Silver Sky Properties on 17 May 2016 for AED 491,238, or AED 1,249 per sqft.

Source: Dubai Land Department. Updated 17 May 2016.

Questions about 2808, Polaris Tower

What did unit 2808 last sell for?

AED 491,238 on 17 May 2016, sold by the developer: AED 1,249 per sqft for 393 sqft. It is the only registered sale of the unit.

How big is unit 2808?

393 sqft (36.5 sqm): a studio on the 28th floor of a 28-storey tower completed in 2022.

What is unit 2808 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 2808, Polaris Tower

Starts from the last sale price (AED 491K, 17 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 491,238
Deposit, UAE resident (20%)
AED 98,248
Deposit, non-resident (40%)
AED 196,495
Monthly over 25 years at 3.7%
AED 2,010

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