208, The Polo Residences C1
Sold prices and rental history: sold once, by the developer in April 2015, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 208, The Polo Residences C1
What is 208 worth today?
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Source: Dubai Land Department. Updated 1 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,535 sqft
- Floor
- 2nd of 4
- Parking
- G-09
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 22,000 /yr
- Last sold
- AED 2.08M · April 2015
- Building
- The Polo Residences C1
About 208, The Polo Residences C1
208 is a two-bedroom apartment of 1,535 sqft on the 2nd floor of The Polo Residences C1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 20 April 2015 for AED 2,077,036, or AED 1,353 per sqft, in line with the AED 1,351 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2021. The current contract, signed on 1 August 2021, is AED 115,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 22,000 a year.
Sales and rents for 208 over time
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 C1, and where 208 sits
All 16 2-beds →208 last sold in April 2015 at AED 1,353 per sqft, in line with what two-beds in The Polo Residences C1 were fetching at the time (AED 1,351). 208's AED 115,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 201520 April 2015 | 2,219 sqft | 2,312,035 | 1,042 | ||
| 20 Apr 201520 April 2015 | 2,635 sqft | 2,449,400 | 929 | ||
| 20 Apr 201520 April 2015 | 2,219 sqft | 2,310,393 | 1,041 | ||
| 20 Apr 201520 April 2015 | 1,535 sqft | 2,077,036 | 1,353 |
The Polo Residences C1
Building31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 105K /yr
- Typical yield
Other units on the 2nd floor
All 31 units in The Polo Residences C1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 814 sqft | AED 1.09MAED 1,092,364 · Apr 2015April 2015 | ||
| 202 | 2-bed | 1,535 sqft | AED 2.08MAED 2,077,023 · Apr 2015April 2015 | 110,000 /yr | |
| 203 | 2-bed | 1,493 sqft | AED 2.01MAED 2,012,621 · Apr 2015April 2015 | 130,000 /yr | |
| 204 | 1-bed | 906 sqft | AED 1.22MAED 1,217,788 · Apr 2015April 2015 | ||
| 205 | 1-bed | 883 sqft | AED 1.19MAED 1,194,180 · Apr 2015April 2015 | 110,000 /yr | |
| 206 | 1-bed | 901 sqft | AED 1.21MAED 1,212,757 · Apr 2015April 2015 | 90,000 /yr | |
| 207 | 2-bed | 1,534 sqft | AED 2.07MAED 2,073,578 · Apr 2015April 2015 | 140,000 /yr | |
| 209 | 1-bed | 814 sqft | AED 1.09MAED 1,092,364 · Apr 2015April 2015 |
208, The Polo Residences C1 in numbers
- Sold once: by IGO Property Development on 20 April 2015 for AED 2,077,036, or AED 1,353 per sqft.
- Rented since August 2021 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 22,000 a year (AED 14.34 per sqft).
Source: Dubai Land Department. Updated 1 August 2021.
Questions about 208, The Polo Residences C1
What did unit 208 last sell for?
AED 2,077,036 on 20 April 2015, sold by the developer: AED 1,353 per sqft for 1,535 sqft. It is the only registered sale of the unit.
What is the rent for unit 208?
AED 115,000 a year on the contract signed on 1 August 2021.
How big is unit 208?
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 208 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 208, The Polo Residences C1
Starts from the last sale price (AED 2.08M, 20 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,077,036
- Deposit, UAE resident (20%)
- AED 415,407
- Deposit, non-resident (40%)
- AED 830,814
- Monthly over 25 years at 3.7%
- AED 8,498
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →