1-bed · 826 sqftThe Polo Residences B3, Meydan City · 1st floor · completed 2017

106, The Polo Residences B3

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 1.09M22 December 2014
Current rentAED 78K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, The Polo Residences B3

What is 106 worth today?

Last sold for AED 1,091,421 in 2014

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5 Mar 2025RentedNew contract
AED 77,500/yr12 months · AED 94 per sqft
1 Sep 2024RentedNew contract
AED 80,000/yr6 months · AED 97 per sqft
5 Aug 2023RentedRenewal
AED 77,000/yr12 months · AED 93 per sqft
5 Aug 2022RentedNew contract
AED 72,000/yr12 months · AED 87 per sqft
15 Aug 2020RentedRenewal
AED 52,000/yr12 months · AED 63 per sqft
15 Aug 2019RentedRenewal
AED 65,000/yr12 months · AED 79 per sqft
15 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
1 Jan 2018RentedNew contract
AED 73,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
1st of 4
Parking
G-22
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 1.09M · December 2014

About 106, The Polo Residences B3

106 is a one-bedroom apartment of 826 sqft on the 1st floor of The Polo Residences B3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 22 December 2014 for AED 1,091,421, or AED 1,321 per sqft, in line with the AED 1,335 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 March 2025, is AED 77,500 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 106 over time

Rents
Unit 106, each contractTypical one-bed in The Polo Residences B3
60K80K2017202020232026Typical rent by year: 2017 AED 72,000; 2018 AED 66,500; 2019 AED 61,250; 2020 AED 54,500; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 65,000; 2024 AED 69,000; 2025 AED 72,000; 2026 AED 70,000New contract, January 2018: AED 73,000 a yearNew contract, August 2018: AED 65,000 a yearRenewal, August 2019: AED 65,000 a yearRenewal, August 2020: AED 52,000 a yearNew contract, August 2022: AED 72,000 a yearRenewal, August 2023: AED 77,000 a yearNew contract, September 2024: AED 80,000 a yearNew contract, March 2025: AED 77,500 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 B3, and where 106 sits

All 15 1-beds →

106 last sold in December 2014 at AED 1,321 per sqft, in line with what one-beds in The Polo Residences B3 were fetching at the time (AED 1,335). 106's AED 77,500 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Dec 20141,091,670
23 Dec 20141,091,670
23 Dec 20141,095,921
23 Dec 20141,091,670
0 1-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
1022-bedAED 1.75M · Sep 2023
1032-bedAED 1.5M · May 2021
1041-bedAED 1.1M · Dec 2014
1051-bedAED 1.09M · Dec 2014
1072-bedAED 1.75M · Jul 2017
1082-bedAED 1.75M · Apr 2017
1–7 of 8

106, The Polo Residences B3 in numbers

  • Sold once: by IGO Property Development on 22 December 2014 for AED 1,091,421, or AED 1,321 per sqft.
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 73,000 to AED 52,000 in 2020 and recovered to AED 77,500 by March 2025.
  • At AED 77,500 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 12,600 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 5 March 2025.

Questions about 106, The Polo Residences B3

What did unit 106 last sell for?

AED 1,091,421 on 22 December 2014, sold by the developer: AED 1,321 per sqft for 826 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 77,500 a year on the contract signed on 5 March 2025. The previous contract, from September 2024, was AED 80,000; the unit has been rented since January 2018.

How big is unit 106?

826 sqft (76.7 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 106 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 106, The Polo Residences B3

Starts from the last sale price (AED 1.09M, 22 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 →