3-bed · 582 sqftThe Polo Residences B1, Meydan City · 2nd floor · completed 2017

201, The Polo Residences B1

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

Unit 201 · DLD and Ejari recordsUpdated 19 September 2016
Last soldAED 2.29M19 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, The Polo Residences B1

What is 201 worth today?

Last sold for AED 2,288,776 in 2016

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19 Sep 2016Sold by developerOff-plan
AED 2,288,776AED 1,180 per sqft

Source: Dubai Land Department. Updated 19 September 2016.

Key facts

Type
3-bed apartment
Size
582 sqft
Floor
2nd of 4
Parking
G-07,G-08
Developer
IGO Property Development
Completed
2017
Service charge
AED 10,200 /yr
Last sold
AED 2.29M · September 2016

About 201, The Polo Residences B1

201 is a three-bedroom apartment of 582 sqft on the 2nd floor of The Polo Residences B1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 19 September 2016 for AED 2,288,776, or AED 1,180 per sqft, 6% below the AED 1,253 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical three-bed in The Polo Residences B1
2.25M2.5M2.75M2014201720202023Typical sale price by year: 2014 AED 2,500,000; 2016 AED 2,430,000; 2017 AED 2,355,731; 2024 AED 2,800,000Sold by developer, September 2016: AED 2,288,776 (AED 1,180 per sqft)

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

Rents
Unit 201, each contractTypical three-bed in The Polo Residences B1
100K150K200K2017202020232026Typical rent by year: 2017 AED 150,000; 2018 AED 150,000; 2019 AED 137,500; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 150,000; 2023 AED 151,875; 2024 AED 157,500; 2025 AED 190,000

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

3-beds in The Polo Residences B1, and where 201 sits

All 16 3-beds →

201 last sold in September 2016 at AED 1,180 per sqft, 6% below what three-beds in The Polo Residences B1 were fetching at the time (AED 1,253). Over the last 12 months three-beds sold for AED 3,450,000, around AED 1,739 per sqft, and rent for AED 170,000 to 190,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Mar 20263,450,000
26 Dec 20242,000,000
4 Dec 20242,800,000
10 Oct 20243,200,000
1 3-bed sale in the last 12 months

The Polo Residences B1

Building

18 apartments, 3-bed to 4-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,739
Typical sale
AED 3.45M
Typical rent
AED 180K /yr
Typical yield
5.3%
The Polo Residences B1, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 18 units in The Polo Residences B1
Value
2023-bedAED 2.28M · Dec 2014
2033-bedAED 2.31M · Dec 2014
2043-bedAED 2.73M · Dec 2014
2053-bedAED 2.5M · Oct 2014

201, The Polo Residences B1 in numbers

  • Sold once: by IGO Property Development on 19 September 2016 for AED 2,288,776, or AED 1,180 per sqft.
  • Three-beds in The Polo Residences B1 sold for AED 3,450,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,739 per sqft.

Source: Dubai Land Department. Updated 19 September 2016.

Questions about 201, The Polo Residences B1

What did unit 201 last sell for?

AED 2,288,776 on 19 September 2016, sold by the developer: AED 1,180 per sqft for 582 sqft. It is the only registered sale of the unit.

How big is unit 201?

582 sqft (54.1 sqm): a three-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Polo Residences B1 sold for AED 3,450,000 to 3,450,000 in the last 12 months, around AED 1,739 per sqft.

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Mortgage on 201, The Polo Residences B1

Starts from the last sale price (AED 2.29M, 19 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,288,776
Deposit, UAE resident (20%)
AED 457,755
Deposit, non-resident (40%)
AED 915,510
Monthly over 25 years at 3.7%
AED 9,364

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