2-bed · 1,535 sqftThe Polo Residences B2, Meydan City · 1st floor · completed 2017

108, The Polo Residences B2

Sold prices and rental history: sold 3 times, last in June 2023, and rented once, from September 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 6 June 2023
Last soldAED 1.85M6 June 2023
Current rentAED 110K /yr1 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, The Polo Residences B2

What is 108 worth today?

Last sold for AED 1,850,000 in 2023

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6 Jun 2023SoldReady
AED 1,850,000AED 1,205 per sqft
26 Oct 2020SoldReady
AED 1,200,000AED 781 per sqft
1 Sep 2017RentedNew contract
AED 110,000/yr24 months · AED 71 per sqft
18 Dec 2014Sold by developerOff-plan
AED 1,961,924AED 1,278 per sqft

Source: Dubai Land Department. Updated 6 June 2023.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
1st of 4
Parking
G-13
Developer
IGO Property Development
Completed
2017
Service charge
AED 22,900 /yr
Last sold
AED 1.85M · June 2023

About 108, The Polo Residences B2

108 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 6 June 2023 for AED 1,850,000, or AED 1,205 per sqft.

One Ejari contract is registered, from 1 September 2017. The current contract, signed on 1 September 2017, is AED 110,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 22,900 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in The Polo Residences B2
1.5M2M2014201720202023Typical sale price by year: 2014 AED 1,984,117; 2020 AED 1,600,000; 2024 AED 2,050,000Sold by developer, December 2014: AED 1,961,924 (AED 1,278 per sqft)Sold, October 2020: AED 1,200,000 (AED 781 per sqft)Sold, June 2023: AED 1,850,000 (AED 1,205 per sqft)

108 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 108, each contractTypical two-bed in The Polo Residences B2
100K150K2017202020232026Typical rent by year: 2017 AED 116,500; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 87,000; 2021 AED 90,000; 2022 AED 100,000; 2023 AED 127,500; 2024 AED 145,000; 2025 AED 150,000; 2026 AED 140,000New contract, September 2017: AED 110,000 a year

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 108 sits

All 16 2-beds →

108's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Dec 20241,000,000
29 Oct 20242,900,000
25 Apr 20242,250,000
11 Jan 20241,850,000
0 2-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
1051-bedAED 1.09M · Dec 2014
1061-bedAED 1.09M · Dec 2014
1072-bedAED 1.95M · Dec 2014
1–7 of 8

108, The Polo Residences B2 in numbers

  • Sold 3 times: first on 18 December 2014 for AED 1,961,924, last on 6 June 2023 for AED 1,850,000 (AED 1,205 per sqft).
  • Rented since September 2017 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 22,900 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 6 June 2023.

Questions about 108, The Polo Residences B2

What did unit 108 last sell for?

AED 1,850,000 on 6 June 2023: AED 1,205 per sqft for 1,535 sqft. The unit has 3 registered sales; the first was AED 1,961,924 in December 2014.

What is the rent for unit 108?

AED 110,000 a year on the contract signed on 1 September 2017.

How big is unit 108?

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 108 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 108, The Polo Residences B2

Starts from the last sale price (AED 1.85M, 6 June 2023). 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 →