2-bed · 1,493 sqftThe Polo Residences B3, Meydan City · 2nd floor · completed 2017

207, The Polo Residences B3

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 18 May 2023
Last soldAED 1.85M18 May 2023
Current rentAED 120K /yr16 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, The Polo Residences B3

What is 207 worth today?

Last sold for AED 1,850,000 in 2023

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18 May 2023SoldReady
AED 1,850,000AED 1,238 per sqft
16 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
1 May 2020RentedRenewal
AED 90,000/yr8 months · AED 60 per sqft
1 May 2019RentedRenewal
AED 96,000/yr12 months · AED 64 per sqft
1 May 2018RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
1 May 2017RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
29 Sep 2014Sold by developerOff-plan
AED 2,058,750AED 1,378 per sqft

Source: Dubai Land Department. Updated 18 May 2023.

Key facts

Type
2-bed apartment
Size
1,493 sqft
Floor
2nd of 4
Parking
G-10
Developer
IGO Property Development
Completed
2017
Service charge
AED 22,800 /yr
Last sold
AED 1.85M · May 2023

About 207, The Polo Residences B3

207 is a two-bedroom apartment of 1,493 sqft on the 2nd floor of The Polo Residences B3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 18 May 2023 for AED 1,850,000, or AED 1,238 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 16 October 2022, is AED 120,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 22,800 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in The Polo Residences B3
1.8M2M2014201720202023Typical sale price by year: 2014 AED 2,047,438; 2017 AED 1,754,566Sold by developer, September 2014: AED 2,058,750 (AED 1,378 per sqft)Sold, May 2023: AED 1,850,000 (AED 1,238 per sqft)

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

Rents
Unit 207, 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, May 2017: AED 110,000 a yearRenewal, May 2018: AED 110,000 a yearRenewal, May 2019: AED 96,000 a yearRenewal, May 2020: AED 90,000 a yearNew contract, October 2022: 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 207 sits

All 16 2-beds →

207'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 2nd floor

All 31 units in The Polo Residences B3
Value
2011-bedAED 1.09M · Dec 2014
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
2082-bedAED 2.45M · Aug 2025
1–7 of 8

207, The Polo Residences B3 in numbers

  • Sold twice: first on 29 September 2014 for AED 2,058,750, last on 18 May 2023 for AED 1,850,000 (AED 1,238 per sqft).
  • Rented since May 2017 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2020 and recovered to AED 120,000 by October 2022.
  • At AED 120,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 22,800 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 18 May 2023.

Questions about 207, The Polo Residences B3

What did unit 207 last sell for?

AED 1,850,000 on 18 May 2023: AED 1,238 per sqft for 1,493 sqft. The unit has 2 registered sales; the first was AED 2,058,750 in September 2014.

What is the rent for unit 207?

AED 120,000 a year on the contract signed on 16 October 2022. The previous contract, from May 2020, was AED 90,000; the unit has been rented since May 2017.

How big is unit 207?

1,493 sqft (138.7 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 207 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 207, The Polo Residences B3

Starts from the last sale price (AED 1.85M, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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