1-bed · 821 sqftThe Polo Residences B2, Meydan City · 1st floor · completed 2017

105, The Polo Residences B2

Sold prices and rental history: sold once, by the developer in December 2014, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 1 December 2017
Last soldAED 1.09M14 December 2014
Current rentAED 75K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, The Polo Residences B2

What is 105 worth today?

Last sold for AED 1,091,421 in 2014

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1 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 91 per sqft
14 Dec 2014Sold by developerOff-plan
AED 1,091,421AED 1,330 per sqft

Source: Dubai Land Department. Updated 1 December 2017.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
1st of 4
Parking
G-23
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,200 /yr
Last sold
AED 1.09M · December 2014

About 105, The Polo Residences B2

105 is a one-bedroom apartment of 821 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 14 December 2014 for AED 1,091,421, or AED 1,330 per sqft, in line with the AED 1,335 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2017. The current contract, signed on 1 December 2017, is AED 75,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 12,200 a year.

Sales and rents for 105 over time

Rents
Unit 105, each contractTypical one-bed in The Polo Residences B2
60K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 65,000; 2019 AED 63,500; 2020 AED 57,000; 2021 AED 50,500; 2022 AED 60,000; 2023 AED 65,250; 2024 AED 75,000; 2025 AED 70,000; 2026 AED 69,000New contract, December 2017: AED 75,000 a year

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

1-beds in The Polo Residences B2, and where 105 sits

All 15 1-beds →

105 last sold in December 2014 at AED 1,330 per sqft, in line with what one-beds in The Polo Residences B2 were fetching at the time (AED 1,335). 105's AED 75,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Dec 20141,091,670
14 Dec 20141,091,421
14 Dec 20141,091,670
14 Dec 20141,091,670
0 1-bed sales in the last 12 months

The Polo Residences B2

Building

31 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
The Polo Residences B2, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 31 units in The Polo Residences B2
Value
1011-bedAED 1.09M · Dec 2014
1022-bedAED 1.85M · Jan 2024
1032-bedAED 1.53M · Dec 2018
1041-bedAED 1.1M · Dec 2014
1061-bedAED 1.09M · Dec 2014
1072-bedAED 1.95M · Dec 2014
1082-bedAED 1.85M · Jun 2023
1–7 of 8

105, The Polo Residences B2 in numbers

  • Sold once: by IGO Property Development on 14 December 2014 for AED 1,091,421, or AED 1,330 per sqft.
  • Rented since December 2017 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 6.9%, before a service charge of about AED 12,200 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 1 December 2017.

Questions about 105, The Polo Residences B2

What did unit 105 last sell for?

AED 1,091,421 on 14 December 2014, sold by the developer: AED 1,330 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 75,000 a year on the contract signed on 1 December 2017.

How big is unit 105?

821 sqft (76.3 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 105 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 105, The Polo Residences B2

Starts from the last sale price (AED 1.09M, 14 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,091,421
Deposit, UAE resident (20%)
AED 218,284
Deposit, non-resident (40%)
AED 436,568
Monthly over 25 years at 3.7%
AED 4,465

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