2-bed · 1,535 sqftThe Polo Residences B3, Meydan City · 1st floor · completed 2017

102, The Polo Residences B3

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 1.75M20 September 2023
Current rentAED 120K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, The Polo Residences B3

What is 102 worth today?

Last sold for AED 1,750,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2023SoldReady
AED 1,750,000AED 1,140 per sqft
25 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
7 Aug 2022RentedRenewal
AED 93,750/yr12 months · AED 61 per sqft
7 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
14 Feb 2021RentedNew contract
AED 93,000/yr12 months · AED 61 per sqft
26 Sep 2018Sold by developerReady
AED 1,550,000AED 1,009 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

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 23,500 /yr
Last sold
AED 1.75M · September 2023

About 102, The Polo Residences B3

102 is a two-bedroom apartment of 1,535 sqft on the 1st floor of The Polo Residences B3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 20 September 2023 for AED 1,750,000, or AED 1,140 per sqft, in line with the AED 1,140 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 25 August 2023, is AED 120,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 23,500 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in The Polo Residences B3
1.5M1.75M2M2014201720202023Typical sale price by year: 2014 AED 2,047,438; 2017 AED 1,754,566Sold by developer, September 2018: AED 1,550,000 (AED 1,009 per sqft)Sold, September 2023: AED 1,750,000 (AED 1,140 per sqft)

102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 102, each contractTypical two-bed in The Polo Residences B3
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 110,000; 2019 AED 102,500; 2020 AED 90,000; 2021 AED 94,500; 2022 AED 120,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 172,500New contract, February 2021: AED 93,000 a yearNew contract, August 2021: AED 85,000 a yearRenewal, August 2022: AED 93,750 a yearNew contract, August 2023: AED 120,000 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 B3, and where 102 sits

All 16 2-beds →

102 last sold in September 2023 at AED 1,140 per sqft, in line with what two-beds in The Polo Residences B3 were fetching at the time (AED 1,140). 102's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Aug 20252,450,000
29 May 20252,500,000
17 Oct 20242,600,000
17 Sep 20243,100,000
0 2-bed sales in the last 12 months

The Polo Residences B3

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 70K /yr
Typical yield
The Polo Residences B3, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 31 units in The Polo Residences B3
Value
1011-bedAED 1.09M · Dec 2014
1032-bedAED 1.5M · May 2021
1041-bedAED 1.1M · Dec 2014
1051-bedAED 1.09M · Dec 2014
1061-bedAED 1.09M · Dec 2014
1072-bedAED 1.75M · Jul 2017
1082-bedAED 1.75M · Apr 2017
1–7 of 8

102, The Polo Residences B3 in numbers

  • Sold twice: first on 26 September 2018 for AED 1,550,000, last on 20 September 2023 for AED 1,750,000 (AED 1,140 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 93,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 23,500 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 20 September 2023.

Questions about 102, The Polo Residences B3

What did unit 102 last sell for?

AED 1,750,000 on 20 September 2023: AED 1,140 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in September 2018.

What is the rent for unit 102?

AED 120,000 a year on the contract signed on 25 August 2023. The previous contract, from August 2022, was AED 93,750; the unit has been rented since February 2021.

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.

Selling 102? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 102, The Polo Residences B3

Starts from the last sale price (AED 1.75M, 20 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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