208, The Polo Residences B2
Sold prices and rental history: sold twice, last in April 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 208, The Polo Residences B2
What is 208 worth today?
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Source: Dubai Land Department. Updated 25 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,535 sqft
- Floor
- 2nd of 4
- Parking
- G-09
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 22,900 /yr
- Last sold
- AED 2.25M · April 2024
- Building
- The Polo Residences B2
About 208, The Polo Residences B2
208 is a two-bedroom apartment of 1,535 sqft on the 2nd floor of The Polo Residences B2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 25 April 2024 for AED 2,250,000, or AED 1,466 per sqft, 22% above the AED 1,205 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 17 April 2023, is AED 150,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 22,900 a year.
Sales and rents for 208 over time
208 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 208 sits
All 16 2-beds →208 last sold in April 2024 at AED 1,466 per sqft, 22% above what two-beds in The Polo Residences B2 were fetching at the time (AED 1,205). 208's AED 150,000 is in the upper 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 | ||
| 11 Jan 202411 January 2024 | 1,535 sqft | 1,850,000 | 1,205 | ||
| 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 2nd floor
All 31 units in The Polo Residences B2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 814 sqft | AED 1.09MAED 1,091,670 · Dec 2014December 2014 | 75,000 /yr | |
| 202 | 2-bed | 1,060 sqft | AED 1MAED 1,000,000 · Dec 2024December 2024 | 150,000 /yr | |
| 203 | 2-bed | 1,534 sqft | AED 1.95MAED 1,954,680 · Oct 2014October 2014 | 145,000 /yr | |
| 204 | 1-bed | 821 sqft | AED 1.1MAED 1,095,921 · Dec 2014December 2014 | 65,835 /yr | |
| 205 | 1-bed | 821 sqft | AED 1.09MAED 1,091,421 · Dec 2014December 2014 | 75,000 /yr | |
| 206 | 1-bed | 826 sqft | AED 1.09MAED 1,091,421 · Dec 2014December 2014 | 65,000 /yr | |
| 207 | 2-bed | 1,493 sqft | AED 1.95MAED 1,954,680 · Oct 2014October 2014 | 130,000 /yr | |
| 209 | 1-bed | 814 sqft | AED 1.09MAED 1,091,670 · Dec 2014December 2014 | 64,000 /yr |
208, The Polo Residences B2 in numbers
- Sold twice: first on 5 May 2015 for AED 1,917,252, last on 25 April 2024 for AED 2,250,000 (AED 1,466 per sqft).
- Rented since October 2017 on 3 Ejari contracts, from AED 113,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 22,900 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 25 April 2024.
Questions about 208, The Polo Residences B2
What did unit 208 last sell for?
AED 2,250,000 on 25 April 2024: AED 1,466 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,917,252 in May 2015.
What is the rent for unit 208?
AED 150,000 a year on the contract renewed on 17 April 2023. The previous contract, from April 2022, was AED 150,000; the unit has been rented since October 2017.
How big is unit 208?
1,535 sqft (142.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.
What is unit 208 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 208, The Polo Residences B2
Starts from the last sale price (AED 2.25M, 25 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →