1-bed · 812 sqftThe Polo Residences B3, Meydan City · 2nd floor · completed 2017

201, The Polo Residences B3

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

Unit 201 · DLD and Ejari recordsUpdated 20 October 2019
Last soldAED 1.09M23 December 2014
Current rentAED 66K /yr20 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, The Polo Residences B3

What is 201 worth today?

Last sold for AED 1,091,670 in 2014

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20 Oct 2019RentedNew contract
AED 66,000/yr12 months · AED 81 per sqft
10 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
23 Dec 2014Sold by developerOff-plan
AED 1,091,670AED 1,344 per sqft

Source: Dubai Land Department. Updated 20 October 2019.

Key facts

Type
1-bed apartment
Size
812 sqft
Floor
2nd of 4
Parking
G-27
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,400 /yr
Last sold
AED 1.09M · December 2014

About 201, The Polo Residences B3

201 is a one-bedroom apartment of 812 sqft on the 2nd 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 23 December 2014 for AED 1,091,670, or AED 1,344 per sqft, in line with the AED 1,335 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 20 October 2019, is AED 66,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 12,400 a year.

Sales and rents for 201 over time

Rents
Unit 201, each contractTypical one-bed in The Polo Residences B3
60K70K2017202020232026Typical 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, September 2017: AED 75,000 a yearNew contract, October 2019: AED 66,000 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 B3, and where 201 sits

All 15 1-beds →

201 last sold in December 2014 at AED 1,344 per sqft, in line with what one-beds in The Polo Residences B3 were fetching at the time (AED 1,335). 201's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Dec 20141,091,670
23 Dec 20141,095,921
23 Dec 20141,091,670
23 Dec 20141,091,421
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 2nd floor

All 31 units in The Polo Residences B3
Value
2022-bedAED 2.08M · Oct 2014
2032-bedAED 2.5M · May 2025
2041-bedAED 1.1M · Dec 2014
2051-bedAED 1.09M · Dec 2014
2061-bedAED 1.09M · Dec 2014
2072-bedAED 1.85M · May 2023
2082-bedAED 2.45M · Aug 2025
1–7 of 8

201, The Polo Residences B3 in numbers

  • Sold once: by IGO Property Development on 23 December 2014 for AED 1,091,670, or AED 1,344 per sqft.
  • Rented since September 2017 on 2 Ejari contracts, from AED 75,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 12,400 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 20 October 2019.

Questions about 201, The Polo Residences B3

What did unit 201 last sell for?

AED 1,091,670 on 23 December 2014, sold by the developer: AED 1,344 per sqft for 812 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 66,000 a year on the contract signed on 20 October 2019. The previous contract, from September 2017, was AED 75,000.

How big is unit 201?

812 sqft (75.4 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 201 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 201, The Polo Residences B3

Starts from the last sale price (AED 1.09M, 23 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,091,670
Deposit, UAE resident (20%)
AED 218,334
Deposit, non-resident (40%)
AED 436,668
Monthly over 25 years at 3.7%
AED 4,466

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