
Business Bay
Launch price
454,000 AED
Booking
Construction
Handover
Polaris Tower offers apartments for sale in Business Bay, a mixed-use development by Silver Sky Properties with 381 units. The project is designed to feature 32 floors, combining commercial and residential spaces. Construction on the tower has largely stalled, despite an initial launch in August 2007. The payment plan includes a 10% deposit, 15% during construction, 25% on handover, and 50% post-handover. Polaris Tower is located near the Business Bay Metro Station and Sheikh Zayed Road. Nearby amenities include Bay Avenue Mall and Bay Avenue Park. The developer initially anticipated completion by June 2026.
Starting price
1,396 /ft²
Current price
1,228 /ft²
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 15 Nov 2024 | 490,000 | Apartment | Studio | 399 ft² | — | 1,228 |
| 27 Jul 2023 | 240,537 | Apartment | Studio | 437 ft² | — | 550 |
399 ft²
—
1,228
437 ft²
—
550
A little more context
changes the read.
Showing 2 most recent sales transactions
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
The full spread,
reveals the bias.
| Building | Price per ft² | Construction | Handover | Developer | |
|---|---|---|---|---|---|
Executive Towers LDubai Properties 1,414 AED/ft² 15.1% 100% | Executive Towers L | 1,414 AED/ft²15.1% | 100% | Q4 2009 | |
Executive Towers BDubai Properties 1,334 AED/ft² 8.6% 100% | Executive Towers B | 1,334 AED/ft²8.6% | 100% | Q4 2009 | |
Elite Business Bay ResidenceTriplanet Range Group 1,537 AED/ft² 25.2% 100% | Elite Business Bay Residence | 1,537 AED/ft²25.2% | 100% | Q1 2021 | |
Ontario TowerAsas Holding 1,741 AED/ft² 41.8% 100% | Ontario Tower | 1,741 AED/ft²41.8% | 100% | Q3 2010 | |
Moon TowerPrivate Developer 1,048 AED/ft² 14.7% 100% | Moon Tower | 1,048 AED/ft²14.7% | 100% | Q3 2019 | |
The strongest comps
sit beyond the first pass.