2-bed · 1,534 sqftThe Polo Residences A4, Meydan City · 2nd floor · completed 2017

203, The Polo Residences A4

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 4 August 2023
Last soldAED 1.72M4 August 2023
Current rentAED 99K /yr13 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Polo Residences A4

What is 203 worth today?

Last sold for AED 1,722,000 in 2023

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4 Aug 2023SoldReady
AED 1,722,000AED 1,122 per sqft
13 Oct 2022RentedRenewal
AED 99,225/yr12 months · AED 65 per sqft
13 Apr 2022RentedNew contract
AED 94,500/yr6 months · AED 62 per sqft
13 Oct 2020RentedNew contract
AED 90,000/yr6 months · AED 59 per sqft
13 Oct 2018RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
26 Apr 2018Sold by developerReady
AED 1,721,483AED 1,122 per sqft

Source: Dubai Land Department. Updated 4 August 2023.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
2nd of 4
Parking
G-24
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,500 /yr
Last sold
AED 1.72M · August 2023

About 203, The Polo Residences A4

203 is a two-bedroom apartment of 1,534 sqft on the 2nd floor of The Polo Residences A4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 4 August 2023 for AED 1,722,000, or AED 1,122 per sqft, in line with the AED 1,152 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 13 October 2022, is AED 99,225 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 21,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in The Polo Residences A4
1.75M2018202020222024Typical sale price by year: 2018 AED 1,722,087; 2023 AED 1,778,500Sold by developer, April 2018: AED 1,721,483 (AED 1,122 per sqft)Sold, August 2023: AED 1,722,000 (AED 1,122 per sqft)

203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, each contractTypical two-bed in The Polo Residences A4
100K150K20182020202220242026Typical rent by year: 2018 AED 110,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 90,100; 2022 AED 94,710; 2023 AED 100,000; 2024 AED 163,500; 2025 AED 157,000New contract, October 2018: AED 105,000 a yearNew contract, October 2020: AED 90,000 a yearNew contract, April 2022: AED 94,500 a yearRenewal, October 2022: AED 99,225 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Polo Residences A4, and where 203 sits

All 16 2-beds →

203 last sold in August 2023 at AED 1,122 per sqft, in line with what two-beds in The Polo Residences A4 were fetching at the time (AED 1,152).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Feb 20242,700,000
12 Oct 20231,691,000
3 Oct 20231,691,000
9 Sep 20231,743,000
0 2-bed sales in the last 12 months

The Polo Residences A4

Building

31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 4 sold in the last 12 months.

Typical price per sqft
AED 1,527
Typical sale
AED 1.32M
Typical rent
AED 85K /yr
Typical yield
6.0%
The Polo Residences A4, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 31 units in The Polo Residences A4
Value
2011-bedAED 1.12M · Nov 2025
2022-bedAED 1.72M · Sep 2023
2041-bedAED 1.06M · Aug 2023
2051-bedAED 1.06M · Aug 2023
2061-bedAED 1.52M · May 2026
2072-bedAED 1.79M · Jul 2023
2082-bedAED 1.79M · Aug 2023
1–7 of 8

203, The Polo Residences A4 in numbers

  • Sold twice: first on 26 April 2018 for AED 1,721,483, last on 4 August 2023 for AED 1,722,000 (AED 1,122 per sqft).
  • Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2020 and recovered to AED 99,225 by October 2022.
  • At AED 99,225 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 21,500 a year (AED 14.04 per sqft).

Source: Dubai Land Department. Updated 4 August 2023.

Questions about 203, The Polo Residences A4

What did unit 203 last sell for?

AED 1,722,000 on 4 August 2023: AED 1,122 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,721,483 in April 2018.

What is the rent for unit 203?

AED 99,225 a year on the contract renewed on 13 October 2022. The previous contract, from April 2022, was AED 94,500; the unit has been rented since October 2018.

How big is unit 203?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 203 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 203, The Polo Residences A4

Starts from the last sale price (AED 1.72M, 4 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,722,000
Deposit, UAE resident (20%)
AED 344,400
Deposit, non-resident (40%)
AED 688,800
Monthly over 25 years at 3.7%
AED 7,045

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