2-bed · 1,534 sqftThe Polo Residences B4, Meydan City · 2nd floor · completed 2017

207, The Polo Residences B4

Sold prices and rental history: sold 4 times, last in November 2022, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 10 November 2022
Last soldAED 1.66M10 November 2022
Current rentAED 124K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, The Polo Residences B4

What is 207 worth today?

Last sold for AED 1,660,000 in 2022

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10 Nov 2022SoldReady
AED 1,660,000AED 1,082 per sqft
1 May 2021RentedNew contract
AED 124,000/yr12 months · AED 81 per sqft
30 Apr 2017SoldReady
AED 1,790,000AED 1,166 per sqft
16 Apr 2017SoldReady
AED 1,600,000AED 1,042 per sqft
28 Sep 2014Sold by developerOff-plan
AED 2,013,000AED 1,312 per sqft

Source: Dubai Land Department. Updated 10 November 2022.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
2nd of 4
Parking
G-10
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,100 /yr
Last sold
AED 1.66M · November 2022

About 207, The Polo Residences B4

207 is a two-bedroom apartment of 1,534 sqft on the 2nd floor of The Polo Residences B4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 10 November 2022 for AED 1,660,000, or AED 1,082 per sqft, 20% above the AED 901 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2021. The current contract, signed on 1 May 2021, is AED 124,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 21,100 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in The Polo Residences B4
1.5M2M2.5M2014201720202023Typical sale price by year: 2014 AED 1,983,975; 2016 AED 2,631,828; 2017 AED 1,772,283; 2022 AED 2,000,000; 2023 AED 2,100,000; 2024 AED 1,925,000Sold by developer, September 2014: AED 2,013,000 (AED 1,312 per sqft)Sold, April 2017: AED 1,790,000 (AED 1,166 per sqft)Sold, April 2017: AED 1,600,000 (AED 1,042 per sqft)Sold, November 2022: AED 1,660,000 (AED 1,082 per sqft)

207 has sold 4 times; 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 B4
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 86,000; 2021 AED 95,724; 2022 AED 102,500; 2023 AED 110,000; 2024 AED 121,000; 2025 AED 150,000; 2026 AED 156,000New contract, May 2021: AED 124,000 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 B4, and where 207 sits

All 15 2-beds →

207 last sold in November 2022 at AED 1,082 per sqft, 20% above what two-beds in The Polo Residences B4 were fetching at the time (AED 901). Over the last 12 months two-beds sold for AED 2,550,000 to 2,650,000, around AED 1,694 per sqft, and rent for AED 111,573 to 210,000 a year. 207's AED 124,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 May 20262,550,000
26 Dec 20252,650,000
23 Apr 20252,500,000
24 Jul 20243,130,000
2 2-bed sales in the last 12 months

The Polo Residences B4

Building

30 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,694
Typical sale
AED 2.6M
Typical rent
AED 75K /yr
Typical yield
5.3%
The Polo Residences B4, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 30 units in The Polo Residences B4
Value
2011-bedAED 1.09M · Dec 2014
2022-bedAED 1.55M · May 2018
2032-bedAED 1.86M · Feb 2016
2041-bedAED 1.1M · Dec 2014
2051-bedAED 1.09M · Dec 2014
2061-bedAED 1.09M · Dec 2014
2082-bedAED 2.65M · Dec 2025
1–7 of 8

207, The Polo Residences B4 in numbers

  • Sold 4 times: first on 28 September 2014 for AED 2,013,000, last on 10 November 2022 for AED 1,660,000 (AED 1,082 per sqft).
  • Rented since May 2021 on one Ejari contract, at AED 124,000 a year.
  • At AED 124,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 21,100 a year (AED 13.76 per sqft).
  • Two-beds in The Polo Residences B4 sold for AED 2,550,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,694 per sqft.

Source: Dubai Land Department. Updated 10 November 2022.

Questions about 207, The Polo Residences B4

What did unit 207 last sell for?

AED 1,660,000 on 10 November 2022: AED 1,082 per sqft for 1,534 sqft. The unit has 4 registered sales; the first was AED 2,013,000 in September 2014.

What is the rent for unit 207?

AED 124,000 a year on the contract signed on 1 May 2021.

How big is unit 207?

1,534 sqft (142.5 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. Two-beds in The Polo Residences B4 sold for AED 2,550,000 to 2,650,000 in the last 12 months, around AED 1,694 per sqft.

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Mortgage on 207, The Polo Residences B4

Starts from the last sale price (AED 1.66M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,660,000
Deposit, UAE resident (20%)
AED 332,000
Deposit, non-resident (40%)
AED 664,000
Monthly over 25 years at 3.7%
AED 6,792

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