103, The Polo Residences B2
Sold prices and rental history: sold once, by the developer in December 2018, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, The Polo Residences B2
What is 103 worth today?
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Source: Dubai Land Department. Updated 25 January 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,534 sqft
- Floor
- 1st of 4
- Parking
- G-15
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 22,800 /yr
- Last sold
- AED 1.53M · December 2018
- Building
- The Polo Residences B2
About 103, The Polo Residences B2
103 is a two-bedroom apartment of 1,534 sqft on the 1st floor of The Polo Residences B2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 6 December 2018 for AED 1,525,000, or AED 994 per sqft, 21% above the AED 821 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 January 2020. The current contract, signed on 25 January 2020, is AED 85,000 a year: a gross yield of 5.6% on the 2018 price, before the service charge of about AED 22,800 a year.
Sales and rents for 103 over time
103 has sold once; 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 103 sits
All 16 2-beds →103 last sold in December 2018 at AED 994 per sqft, 21% above what two-beds in The Polo Residences B2 were fetching at the time (AED 821). 103's AED 85,000 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 | ||
| 11 Jan 202411 January 2024 | 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 | |
| 102 | 2-bed | 1,535 sqft | AED 1.85MAED 1,850,000 · Jan 2024January 2024 | 82,000 /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 |
103, The Polo Residences B2 in numbers
- Sold once: by IGO Property Development on 6 December 2018 for AED 1,525,000, or AED 994 per sqft.
- Rented since January 2020 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2018 price is 5.6%, before a service charge of about AED 22,800 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 25 January 2020.
Questions about 103, The Polo Residences B2
What did unit 103 last sell for?
AED 1,525,000 on 6 December 2018, sold by the developer: AED 994 per sqft for 1,534 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 85,000 a year on the contract signed on 25 January 2020.
How big is unit 103?
1,534 sqft (142.5 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.
What is unit 103 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 103, The Polo Residences B2
Starts from the last sale price (AED 1.53M, 6 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,525,000
- Deposit, UAE resident (20%)
- AED 305,000
- Deposit, non-resident (40%)
- AED 610,000
- Monthly over 25 years at 3.7%
- AED 6,239
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →