2-bed · 1,534 sqftThe Polo Residences B5, Meydan City · 1st floor · completed 2017

103, The Polo Residences B5

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 3 January 2027
Last soldAED 2.2M16 December 2024
Current rentAED 145K /yr3 January 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, The Polo Residences B5

What is 103 worth today?

Last sold for AED 2,200,000 in 2024

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3 Jan 2027RentedRenewal
AED 145,000/yr12 months · AED 95 per sqft
3 Jan 2026RentedNew contract
AED 145,000/yr12 months · AED 95 per sqft
16 Dec 2024SoldReady
AED 2,200,000AED 1,434 per sqft
13 Apr 2024RentedNew contract
AED 98,700/yr12 months · AED 64 per sqft
13 Apr 2018RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
8 Mar 2018SoldReady
AED 1,600,000AED 1,042 per sqft
21 Dec 2017Sold by developerReady
AED 1,914,072AED 1,247 per sqft

Source: Dubai Land Department. Updated 3 January 2027.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
1st of 4
Parking
G-28
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,600 /yr
Last sold
AED 2.2M · December 2024

About 103, The Polo Residences B5

103 is a two-bedroom apartment of 1,534 sqft on the 1st floor of The Polo Residences B5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 16 December 2024 for AED 2,200,000, or AED 1,434 per sqft, 5% above the AED 1,368 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 January 2027, is AED 145,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 21,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in The Polo Residences B5
1.5M2M201720202023Typical sale price by year: 2017 AED 1,882,036; 2018 AED 1,640,000; 2020 AED 1,575,000; 2024 AED 2,200,000Sold by developer, December 2017: AED 1,914,072 (AED 1,247 per sqft)Sold, March 2018: AED 1,600,000 (AED 1,042 per sqft)Sold, December 2024: AED 2,200,000 (AED 1,434 per sqft)

103 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in The Polo Residences B5
100K150K2018202120242027Typical rent by year: 2018 AED 106,250; 2019 AED 101,500; 2020 AED 100,000; 2021 AED 87,000; 2022 AED 95,375; 2023 AED 117,500; 2024 AED 117,875; 2025 AED 147,500; 2026 AED 145,000New contract, April 2018: AED 110,000 a yearNew contract, April 2024: AED 98,700 a yearNew contract, January 2026: AED 145,000 a yearRenewal, January 2027: AED 145,000 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 B5, and where 103 sits

All 14 2-beds →

103 last sold in December 2024 at AED 1,434 per sqft, 5% above what two-beds in The Polo Residences B5 were fetching at the time (AED 1,368). Over the last 12 months two-beds sold for AED 2,100,000 to 2,600,000, around AED 1,531 per sqft, and rent for AED 135,000 to 205,000 a year. 103's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20262,100,000
14 Dec 20252,600,000
29 Oct 20242,950,000
26 Aug 20242,250,000
2 2-bed sales in the last 12 months

The Polo Residences B5

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 4 sold in the last 12 months.

Typical price per sqft
AED 1,705
Typical sale
AED 1.87M
Typical rent
AED 85K /yr
Typical yield
5.5%
The Polo Residences B5, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 30 units in The Polo Residences B5
Value
1011-bedAED 967K · Mar 2017
1022-bedAED 1.75M · Jul 2018
1041-bedAED 1.18M · Feb 2024
1051-bedAED 1.17M · Feb 2017
1061-bedAED 1.54M · Oct 2026
1072-bedAED 1.6M · Mar 2018
1082-bedAED 1.5M · Apr 2018
1–7 of 8

103, The Polo Residences B5 in numbers

  • Sold 3 times: first on 21 December 2017 for AED 1,914,072, last on 16 December 2024 for AED 2,200,000 (AED 1,434 per sqft).
  • Rented since April 2018 on 4 Ejari contracts. The rent fell from AED 110,000 to AED 98,700 in 2024 and recovered to AED 145,000 by January 2027.
  • At AED 145,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 21,600 a year (AED 14.05 per sqft).
  • Two-beds in The Polo Residences B5 sold for AED 2,100,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,705 per sqft.

Source: Dubai Land Department. Updated 3 January 2027.

Questions about 103, The Polo Residences B5

What did unit 103 last sell for?

AED 2,200,000 on 16 December 2024: AED 1,434 per sqft for 1,534 sqft. The unit has 3 registered sales; the first was AED 1,914,072 in December 2017.

What is the rent for unit 103?

AED 145,000 a year on the contract renewed on 3 January 2027. The previous contract, from January 2026, was AED 145,000; the unit has been rented since April 2018.

How big is unit 103?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 103 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 B5 sold for AED 2,100,000 to 2,600,000 in the last 12 months, around AED 1,531 per sqft.

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Mortgage on 103, The Polo Residences B5

Starts from the last sale price (AED 2.2M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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