205, The Polo Residences B5
Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 205, The Polo Residences B5
What is 205 worth today?
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Source: Dubai Land Department. Updated 20 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 883 sqft
- Floor
- 2nd of 4
- Parking
- G-15
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 12,400 /yr
- Last sold
- AED 950K · August 2018
- Building
- The Polo Residences B5
About 205, The Polo Residences B5
205 is a one-bedroom apartment of 883 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 30 August 2018 for AED 950,000, or AED 1,076 per sqft.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 May 2024, is AED 88,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 12,400 a year.
Sales and rents for 205 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 205 sits
All 15 1-beds →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. 205's AED 88,000 is in the lower 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 85K /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 | ||
| 204 | 1-bed | 901 sqft | AED 1.17MAED 1,166,113 · Feb 2017February 2017 | 92,000 /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 |
205, The Polo Residences B5 in numbers
- Sold twice: first on 19 January 2017 for AED 1,148,250, last on 30 August 2018 for AED 950,000 (AED 1,076 per sqft).
- Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2022 and recovered to AED 88,000 by May 2024.
- At AED 88,000 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 12,400 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 20 May 2024.
Questions about 205, The Polo Residences B5
What did unit 205 last sell for?
AED 950,000 on 30 August 2018: AED 1,076 per sqft for 883 sqft. The unit has 2 registered sales; the first was AED 1,148,250 in January 2017.
What is the rent for unit 205?
AED 88,000 a year on the contract signed on 20 May 2024. The previous contract, from April 2023, was AED 65,000; the unit has been rented since May 2017.
How big is unit 205?
883 sqft (82.0 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.
What is unit 205 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 205, The Polo Residences B5
Starts from the last sale price (AED 950K, 30 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →