1-bed · 814 sqftThe Polo Residences B5, Meydan City · 1st floor · completed 2017

109, The Polo Residences B5

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 1M29 August 2017
Current rentAED 80K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, The Polo Residences B5

What is 109 worth today?

Last sold for AED 1,000,000 in 2017

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25 May 2025RentedRenewal
AED 80,000/yr12 months · AED 98 per sqft
25 May 2024RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
25 May 2018RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
29 Aug 2017Sold by developerReady
AED 1,000,000AED 1,228 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
1st of 4
Parking
G-18
Developer
IGO Property Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 1M · August 2017

About 109, The Polo Residences B5

109 is a one-bedroom apartment of 814 sqft on the 1st floor of The Polo Residences B5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 29 August 2017 for AED 1,000,000, or AED 1,228 per sqft, 5% below the AED 1,293 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 80,000 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 11,400 a year.

Sales and rents for 109 over time

Rents
Unit 109, each contractTypical one-bed in The Polo Residences B5
60K80K2017202020232026Typical rent by year: 2017 AED 82,500; 2018 AED 74,000; 2019 AED 70,000; 2020 AED 61,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 72,000; 2024 AED 82,500; 2025 AED 80,000; 2026 AED 85,000New contract, May 2018: AED 65,000 a yearNew contract, May 2024: AED 80,000 a yearRenewal, May 2025: AED 80,000 a year

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 B5, and where 109 sits

All 15 1-beds →

109 last sold in August 2017 at AED 1,228 per sqft, 5% below what one-beds in The Polo Residences B5 were fetching at the time (AED 1,293). Over the last 12 months one-beds sold for AED 1,540,000 to 1,630,000, around AED 1,757 per sqft, and rent for AED 69,877 to 110,000 a year. 109's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20261,540,000
15 Apr 20261,630,000
15 Feb 20241,175,000
19 May 2023950,000
2 1-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
1032-bedAED 2.2M · Dec 2024
1041-bedAED 1.18M · Feb 2024
1051-bedAED 1.17M · Feb 2017
1061-bedAED 1.54M · Oct 2026
1072-bedAED 1.6M · Mar 2018
1–7 of 8

109, The Polo Residences B5 in numbers

  • Sold once: by IGO Property Development on 29 August 2017 for AED 1,000,000, or AED 1,228 per sqft.
  • Rented since May 2018 on 3 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 11,400 a year (AED 14.05 per sqft).
  • One-beds in The Polo Residences B5 sold for AED 1,540,000–1,630,000 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 25 May 2025.

Questions about 109, The Polo Residences B5

What did unit 109 last sell for?

AED 1,000,000 on 29 August 2017, sold by the developer: AED 1,228 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 80,000 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 80,000; the unit has been rented since May 2018.

How big is unit 109?

814 sqft (75.6 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Polo Residences B5 sold for AED 1,540,000 to 1,630,000 in the last 12 months, around AED 1,757 per sqft.

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Mortgage on 109, The Polo Residences B5

Starts from the last sale price (AED 1M, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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