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

203, The Polo Residences B5

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 2.1M20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Polo Residences B5

What is 203 worth today?

Last sold for AED 2,100,000 in 2024

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20 Aug 2024SoldReady
AED 2,100,000AED 1,368 per sqft
5 Mar 2017Sold by developerOff-plan
AED 1,850,000AED 1,205 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
2nd of 4
Parking
G-24
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,600 /yr
Last sold
AED 2.1M · August 2024

About 203, The Polo Residences B5

203 is a two-bedroom apartment of 1,534 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 20 August 2024 for AED 2,100,000, or AED 1,368 per sqft, in line with the AED 1,339 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 203 over time

Sales
Unit 203, 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, March 2017: AED 1,850,000 (AED 1,205 per sqft)Sold, August 2024: AED 2,100,000 (AED 1,368 per sqft)

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

Rents
Unit 203, 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 203 sits

All 14 2-beds →

203 last sold in August 2024 at AED 1,368 per sqft, in line with what two-beds in The Polo Residences B5 were fetching at the time (AED 1,339). 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
2022-bedAED 1.68M · Jan 2018
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

203, The Polo Residences B5 in numbers

  • Sold twice: first on 5 March 2017 for AED 1,850,000, last on 20 August 2024 for AED 2,100,000 (AED 1,368 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 20 August 2024.

Questions about 203, The Polo Residences B5

What did unit 203 last sell for?

AED 2,100,000 on 20 August 2024: AED 1,368 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in March 2017.

How big is unit 203?

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 203 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 203, The Polo Residences B5

Starts from the last sale price (AED 2.1M, 20 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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