102, The Polo Residences B2
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, The Polo Residences B2
What is 102 worth today?
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Source: Dubai Land Department. Updated 11 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,535 sqft
- Floor
- 1st of 4
- Parking
- G-16
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 22,900 /yr
- Last sold
- AED 1.85M · January 2024
- Building
- The Polo Residences B2
About 102, The Polo Residences B2
102 is a two-bedroom apartment of 1,535 sqft on the 1st floor of The Polo Residences B2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 11 January 2024 for AED 1,850,000, or AED 1,205 per sqft, in line with the AED 1,205 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 28 August 2022, is AED 82,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 22,900 a year.
Sales and rents for 102 over time
102 has sold twice; the dashed line is the two-bed median of each year in the building.
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 B2, and where 102 sits
All 16 2-beds →102 last sold in January 2024 at AED 1,205 per sqft, in line with what two-beds in The Polo Residences B2 were fetching at the time (AED 1,205). 102's AED 82,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Dec 202423 December 2024 | 1,060 sqft | 1,000,000 | 943 | ||
| 29 Oct 202429 October 2024 | 2,635 sqft | 2,900,000 | 1,100 | ||
| 25 Apr 202425 April 2024 | 1,535 sqft | 2,250,000 | 1,466 | ||
| 6 Jun 20236 June 2023 | 1,535 sqft | 1,850,000 | 1,205 |
The Polo Residences B2
Building31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 75K /yr
- Typical yield
Other units on the 1st floor
All 31 units in The Polo Residences B2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 814 sqft | AED 1.09MAED 1,091,670 · Dec 2014December 2014 | 66,000 /yr | |
| 103 | 2-bed | 1,534 sqft | AED 1.53MAED 1,525,000 · Dec 2018December 2018 | 85,000 /yr | |
| 104 | 1-bed | 821 sqft | AED 1.1MAED 1,095,921 · Dec 2014December 2014 | 75,000 /yr | |
| 105 | 1-bed | 821 sqft | AED 1.09MAED 1,091,421 · Dec 2014December 2014 | 75,000 /yr | |
| 106 | 1-bed | 826 sqft | AED 1.09MAED 1,091,421 · Dec 2014December 2014 | 80,000 /yr | |
| 107 | 2-bed | 1,534 sqft | AED 1.95MAED 1,946,581 · Dec 2014December 2014 | 170,000 /yr | |
| 108 | 2-bed | 1,535 sqft | AED 1.85MAED 1,850,000 · Jun 2023June 2023 | 110,000 /yr | |
| 109 | 1-bed | 814 sqft | AED 1.09MAED 1,091,670 · Dec 2014December 2014 | 70,000 /yr |
102, The Polo Residences B2 in numbers
- Sold twice: first on 10 November 2016 for AED 1,917,264, last on 11 January 2024 for AED 1,850,000 (AED 1,205 per sqft).
- Rented since July 2017 on 7 Ejari contracts, from AED 118,000 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 22,900 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 11 January 2024.
Questions about 102, The Polo Residences B2
What did unit 102 last sell for?
AED 1,850,000 on 11 January 2024: AED 1,205 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,917,264 in November 2016.
What is the rent for unit 102?
AED 82,000 a year on the contract renewed on 28 August 2022. The previous contract, from August 2021, was AED 75,000; the unit has been rented since July 2017.
How big is unit 102?
1,535 sqft (142.6 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.
What is unit 102 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 102, The Polo Residences B2
Starts from the last sale price (AED 1.85M, 11 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →