2-bed · 1,535 sqftThe Polo Residences B5, Meydan City · 2nd floor · completed 2017

202, The Polo Residences B5

Sold prices and rental history: sold twice, last in January 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 17 January 2018
Last soldAED 1.68M17 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, The Polo Residences B5

What is 202 worth today?

Last sold for AED 1,680,000 in 2018

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17 Jan 2018SoldReady
AED 1,680,000AED 1,094 per sqft
21 Dec 2017Sold by developerReady
AED 1,917,264AED 1,249 per sqft

Source: Dubai Land Department. Updated 17 January 2018.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-25
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,600 /yr
Last sold
AED 1.68M · January 2018

About 202, The Polo Residences B5

202 is a two-bedroom apartment of 1,535 sqft on the 2nd floor of The Polo Residences B5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 17 January 2018 for AED 1,680,000, or AED 1,094 per sqft, 7% below the AED 1,178 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in The Polo Residences B5
1.5M2M20172019202120232025Typical 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 1,917,264 (AED 1,249 per sqft)Sold, January 2018: AED 1,680,000 (AED 1,094 per sqft)

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

Rents
Unit 202, 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 145,000

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 202 sits

All 14 2-beds →

202 last sold in January 2018 at AED 1,094 per sqft, 7% below what two-beds in The Polo Residences B5 were fetching at the time (AED 1,178). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20262,100,000
14 Dec 20252,600,000
16 Dec 20242,200,000
29 Oct 20242,950,000
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 2nd floor

All 30 units in The Polo Residences B5
Value
2011-bedAED 956K · Jun 2017
2032-bedAED 2.1M · Aug 2024
2041-bedAED 1.17M · Feb 2017
2051-bedAED 950K · Aug 2018
2061-bedAED 1.15M · May 2017
2072-bedAED 2M · Jun 2024
2082-bedAED 2.1M · Sep 2026
1–7 of 8

202, The Polo Residences B5 in numbers

  • Sold twice: first on 21 December 2017 for AED 1,917,264, last on 17 January 2018 for AED 1,680,000 (AED 1,094 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 17 January 2018.

Questions about 202, The Polo Residences B5

What did unit 202 last sell for?

AED 1,680,000 on 17 January 2018: AED 1,094 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,917,264 in December 2017.

How big is unit 202?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 202 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 202, The Polo Residences B5

Starts from the last sale price (AED 1.68M, 17 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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