204, The Polo Residences B5
Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, The Polo Residences B5
What is 204 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 2nd of 4
- Parking
- G-16
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.17M · February 2017
- Building
- The Polo Residences B5
About 204, The Polo Residences B5
204 is a one-bedroom apartment of 901 sqft on the 2nd 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 16 February 2017 for AED 1,166,113, or AED 1,294 per sqft, in line with the AED 1,300 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 February 2024, is AED 92,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 12,700 a year.
Sales and rents for 204 over time
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 204 sits
All 15 1-beds →204 last sold in February 2017 at AED 1,294 per sqft, in line with what one-beds in The Polo Residences B5 were fetching at the time (AED 1,300). 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. 204's AED 92,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 897 sqft | 1,540,000 | 1,716 | ||
| 15 Apr 202615 April 2026 | 906 sqft | 1,630,000 | 1,798 | ||
| 15 Feb 202415 February 2024 | 891 sqft | 1,175,000 | 1,318 | ||
| 19 May 202319 May 2023 | 891 sqft | 950,000 | 1,065 |
The Polo Residences B5
Building30 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 98K /yr
- Typical yield
- 5.5%
Other units on the 2nd floor
All 30 units in The Polo Residences B5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 814 sqft | AED 956KAED 956,000 · Jun 2017June 2017 | 110,000 /yr | |
| 202 | 2-bed | 1,535 sqft | AED 1.68MAED 1,680,000 · Jan 2018January 2018 | ||
| 203 | 2-bed | 1,534 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | ||
| 205 | 1-bed | 883 sqft | AED 950KAED 950,000 · Aug 2018August 2018 | 88,000 /yr | |
| 206 | 1-bed | 906 sqft | AED 1.15MAED 1,150,000 · May 2017May 2017 | 80,000 /yr | |
| 207 | 2-bed | 1,493 sqft | AED 2MAED 2,000,000 · Jun 2024June 2024 | 105,149 /yr | |
| 208 | 2-bed | 1,535 sqft | AED 2.1MAED 2,100,000 · Sep 2026September 2026 | 137,000 /yr | |
| 209 | 1-bed | 814 sqft | AED 965KAED 965,000 · Jul 2017July 2017 | 90,000 /yr |
204, The Polo Residences B5 in numbers
- Sold once: by IGO Property Development on 16 February 2017 for AED 1,166,113, or AED 1,294 per sqft.
- Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2022 and recovered to AED 92,000 by February 2024.
- At AED 92,000 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 12,700 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 1 February 2024.
Questions about 204, The Polo Residences B5
What did unit 204 last sell for?
AED 1,166,113 on 16 February 2017, sold by the developer: AED 1,294 per sqft for 901 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 92,000 a year on the contract signed on 1 February 2024. The previous contract, from January 2023, was AED 75,000; the unit has been rented since September 2019.
How big is unit 204?
901 sqft (83.7 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.
What is unit 204 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 204, The Polo Residences B5
Starts from the last sale price (AED 1.17M, 16 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,166,113
- Deposit, UAE resident (20%)
- AED 233,223
- Deposit, non-resident (40%)
- AED 466,445
- Monthly over 25 years at 3.7%
- AED 4,771
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →