1-bed · 826 sqftThe Polo Residences B3, Meydan City · 2nd floor · completed 2017

206, The Polo Residences B3

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

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Unit 206 · DLD and Ejari recordsUpdated 10 May 2024

Last soldAED 1.09M23 December 2014

Current rentAED 58K /yr10 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 206, The Polo Residences B3

Today

What is 206 worth today?

Last sold for AED 1,091,421 in 2014

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10 May 2024

10 May 2024RentedRenewal

AED 57,750/yr12 months · AED 70 per sqft

10 May 2023

10 May 2023RentedRenewal

AED 57,750/yr12 months · AED 70 per sqft

10 May 2022

10 May 2022RentedRenewal

AED 55,000/yr12 months · AED 67 per sqft

10 May 2021

10 May 2021RentedNew contract

AED 55,000/yr12 months · AED 67 per sqft

12 Sep 2020

12 Sep 2020RentedNew contract

AED 60,000/yr6 months · AED 73 per sqft

27 Oct 2018

27 Oct 2018RentedNew contract

AED 64,000/yr6 months · AED 77 per sqft

12 Nov 2017

12 Nov 2017RentedNew contract

AED 70,000/yr12 months · AED 85 per sqft

23 Dec 2014

23 Dec 2014Sold by developerOff-plan

AED 1,091,421AED 1,321 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type: 1-bed apartment
Size: 826 sqft
Floor: 2nd of 4
Parking: G-30
Developer: IGO Property Development
Completed: 2017
Service charge: AED 12,600 /yr
Last sold: AED 1.09M · December 2014
Building: The Polo Residences B3

About 206, The Polo Residences B3

206 is a one-bedroom apartment of 826 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 1,091,421, 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 2017 on 7 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 57,750 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 206 over time

Rents

Unit 206, each contractTypical one-bed in The Polo Residences B3

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 206 sits

All 15 1-beds →

206 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). 206's AED 57,750 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
23 Dec 201423 December 2014	812 sqft	1,091,670	1,344
23 Dec 201423 December 2014	814 sqft	1,091,670	1,341
23 Dec 201423 December 2014	821 sqft	1,095,921	1,335
23 Dec 201423 December 2014	812 sqft	1,091,670	1,344

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


201	1-bed	812 sqft	AED 1.09MAED 1,091,670 · Dec 2014December 2014	66,000 /yr
202	2-bed	1,535 sqft	AED 2.08MAED 2,076,847 · Oct 2014October 2014	70,000 /yr
203	2-bed	1,533 sqft	AED 2.5MAED 2,500,000 · May 2025May 2025	96,000 /yr
204	1-bed	821 sqft	AED 1.1MAED 1,095,921 · Dec 2014December 2014	57,000 /yr
205	1-bed	821 sqft	AED 1.09MAED 1,091,421 · Dec 2014December 2014	69,000 /yr
207	2-bed	1,493 sqft	AED 1.85MAED 1,850,000 · May 2023May 2023	120,000 /yr
208	2-bed	1,535 sqft	AED 2.45MAED 2,450,000 · Aug 2025August 2025	145,000 /yr
209	1-bed	814 sqft	AED 1.09MAED 1,091,670 · Dec 2014December 2014	70,000 /yr

1–7 of 8

206, The Polo Residences B3 in numbers

Sold once: by IGO Property Development on 23 December 2014 for AED 1,091,421, or AED 1,321 per sqft.
Rented since November 2017 on 7 Ejari contracts, from AED 70,000 to AED 57,750 a year.
At AED 57,750 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 12,600 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 206, The Polo Residences B3

What did unit 206 last sell for?

AED 1,091,421 on 23 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 206?

AED 57,750 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 57,750; the unit has been rented since November 2017.

How big is unit 206?

826 sqft (76.7 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 206 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 206, 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 1,091,421
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 →