Polaris Tower is a real-estate project in Business Bay, Dubai, registered with the Dubai Land Department (DLD) as project number 457 in 2008 by Silver Sky Properties L.L.C.
The Dubai Land Department (DLD) project register lists the project as cancelled. DLD does not publish the date of the cancellation decision in its public records; the last inspection on 12 March 2025 is the closest dated milestone. Once a project is cancelled, refund claims from its escrow account are handled through the special tribunal for the liquidation of cancelled real-estate projects in Dubai.
DLD inspections recorded completion of 60.5% at the latest inspection on 12 March 2025. The structure was partially built before work stopped. It was planned with 604 units across 31 floors.
The facts on this page are taken from public DLD project records. They are not legal advice. If you bought a unit in this project, the recovery options depend on your contract, your payment history and the escrow position, which we assess case by case.










