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

202, The Polo Residences B3

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

Unit 202 · DLD and Ejari recordsUpdated 3 February 2023
Last soldAED 2.08M15 October 2014
Current rentAED 70K /yr3 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, The Polo Residences B3

What is 202 worth today?

Last sold for AED 2,076,847 in 2014

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3 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
1 Feb 2022RentedNew contract
AED 69,586/yr12 months · AED 45 per sqft
1 Dec 2019RentedRenewal
AED 90,000/yr13 months · AED 58 per sqft
1 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
15 Oct 2014Sold by developerOff-plan
AED 2,076,847AED 1,353 per sqft

Source: Dubai Land Department. Updated 3 February 2023.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-12
Developer
IGO Property Development
Completed
2017
Service charge
AED 23,500 /yr
Last sold
AED 2.08M · October 2014

About 202, The Polo Residences B3

202 is a two-bedroom apartment of 1,535 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 15 October 2014 for AED 2,076,847, or AED 1,353 per sqft, in line with the AED 1,340 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 3 February 2023, is AED 70,000 a year: a gross yield of 3.4% on the 2014 price, before the service charge of about AED 23,500 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in The Polo Residences B3
1.8M2M20142015201620172018Typical sale price by year: 2014 AED 2,047,438; 2017 AED 1,754,566Sold by developer, October 2014: AED 2,076,847 (AED 1,353 per sqft)

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

Rents
Unit 202, 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, December 2018: AED 105,000 a yearRenewal, December 2019: AED 90,000 a yearNew contract, February 2022: AED 69,586 a yearRenewal, February 2023: AED 70,000 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 202 sits

All 16 2-beds →

202 last sold in October 2014 at AED 1,353 per sqft, in line with what two-beds in The Polo Residences B3 were fetching at the time (AED 1,340). 202's AED 70,000 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 2nd floor

All 31 units in The Polo Residences B3
Value
2011-bedAED 1.09M · Dec 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

202, The Polo Residences B3 in numbers

  • Sold once: by IGO Property Development on 15 October 2014 for AED 2,076,847, or AED 1,353 per sqft.
  • Rented since December 2018 on 4 Ejari contracts, from AED 105,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 3.4%, before a service charge of about AED 23,500 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 3 February 2023.

Questions about 202, The Polo Residences B3

What did unit 202 last sell for?

AED 2,076,847 on 15 October 2014, sold by the developer: AED 1,353 per sqft for 1,535 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 70,000 a year on the contract renewed on 3 February 2023. The previous contract, from February 2022, was AED 69,586; the unit has been rented since December 2018.

How big is unit 202?

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 202 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 202, The Polo Residences B3

Starts from the last sale price (AED 2.08M, 15 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,076,847
Deposit, UAE resident (20%)
AED 415,369
Deposit, non-resident (40%)
AED 830,739
Monthly over 25 years at 3.7%
AED 8,497

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