205, The Polo Residences B1
Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 205, The Polo Residences B1
What is 205 worth today?
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Source: Dubai Land Department. Updated 6 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,984 sqft
- Floor
- 2nd of 4
- Parking
- G-13,G-14
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 34,800 /yr
- Last sold
- AED 2.5M · October 2014
- Building
- The Polo Residences B1
About 205, The Polo Residences B1
205 is a three-bedroom apartment of 1,984 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 28 October 2014 for AED 2,500,000, or AED 1,260 per sqft.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 6 August 2024, is AED 199,732 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 34,800 a year.
Sales and rents for 205 over time
205 has sold once; the dashed line is the three-bed median of each year in the building.
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 205 sits
All 16 3-beds →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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202617 March 2026 | 1,984 sqft | 3,450,000 | 1,739 | ||
| 26 Dec 202426 December 2024 | 1,968 sqft | 2,000,000 | 1,016 | ||
| 4 Dec 20244 December 2024 | 2,069 sqft | 2,800,000 | 1,353 | ||
| 10 Oct 202410 October 2024 | 1,939 sqft | 3,200,000 | 1,649 |
The Polo Residences B1
Building18 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%
Other units on the 2nd floor
All 18 units in The Polo Residences B1205, The Polo Residences B1 in numbers
- Sold once: by IGO Property Development on 28 October 2014 for AED 2,500,000, or AED 1,260 per sqft.
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 155,000 to AED 110,000 in 2021 and recovered to AED 199,732 by August 2024.
- At AED 199,732 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 34,800 a year (AED 17.54 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 6 August 2024.
Questions about 205, The Polo Residences B1
What did unit 205 last sell for?
AED 2,500,000 on 28 October 2014, sold by the developer: AED 1,260 per sqft for 1,984 sqft. It is the only registered sale of the unit.
What is the rent for unit 205?
AED 199,732 a year on the contract signed on 6 August 2024. The previous contract, from August 2022, was AED 185,000; the unit has been rented since February 2018.
How big is unit 205?
1,984 sqft (184.3 sqm): a three-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.
What is unit 205 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 205, The Polo Residences B1
Starts from the last sale price (AED 2.5M, 28 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →