2-bed · 1,534 sqftThe Polo Residences C2, Meydan City · 1st floor · completed 2017

103, The Polo Residences C2

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.15M17 September 2018
Current rentAED 160K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, The Polo Residences C2

What is 103 worth today?

Last sold for AED 1,150,473 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2024RentedNew contract
AED 160,000/yr12 months · AED 104 per sqft
7 Apr 2024RentedNew contract
AED 157,000/yr12 months · AED 102 per sqft
15 Oct 2023RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft
12 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
15 Sep 2020RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
17 Sep 2018SoldReady
AED 1,150,473AED 749 per sqft
3 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
7 Jan 2018Sold by developerReady · flagged as an outlier
AED 153,397AED 100 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
1st of 4
Parking
G-16
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,900 /yr
Last sold
AED 1.15M · September 2018

About 103, The Polo Residences C2

103 is a two-bedroom apartment of 1,534 sqft on the 1st floor of The Polo Residences C2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 17 September 2018 for AED 1,150,473, or AED 749 per sqft, in line with the AED 749 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 December 2024, is AED 160,000 a year: a gross yield of 13.9% on the 2018 price, before the service charge of about AED 24,900 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in The Polo Residences C2
1.2M1.3M201820192020Typical sale price by year: 2018 AED 1,150,876; 2019 AED 1,330,000Sold, September 2018: AED 1,150,473 (AED 749 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in The Polo Residences C2
100K150K2018202120242027Typical rent by year: 2018 AED 112,649; 2019 AED 102,500; 2020 AED 87,500; 2021 AED 90,000; 2022 AED 94,250; 2023 AED 100,000; 2024 AED 150,000; 2025 AED 145,000; 2026 AED 115,000New contract, September 2018: AED 120,000 a yearNew contract, September 2020: AED 90,000 a yearNew contract, October 2021: AED 100,000 a yearNew contract, October 2023: AED 150,000 a yearNew contract, April 2024: AED 157,000 a yearNew contract, December 2024: AED 160,000 a year

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 C2, and where 103 sits

All 12 2-beds →

103 last sold in September 2018 at AED 749 per sqft, in line with what two-beds in The Polo Residences C2 were fetching at the time (AED 749). Over the last 12 months two-beds sold for AED 2,500,000, around AED 1,650 per sqft, and rent for AED 72,000 to 150,000 a year. 103's AED 160,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20262,500,000
18 Feb 20252,420,000
14 Jul 20211,400,000
3 Sep 20191,330,000
1 2-bed sale in the last 12 months

The Polo Residences C2

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,593
Typical sale
AED 1.88M
Typical rent
AED 72K /yr
Typical yield
5.4%
The Polo Residences C2, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 30 units in The Polo Residences C2
Value
1011-bedAED 1M · Jun 2024
1022-bedAED 1.42M · Mar 2019
1041-bedAED 615K · Sep 2018
1051-bedAED 615K · Sep 2018
1061-bedAED 619K · Sep 2018
1072-bedAED 1.15M · Sep 2018
1082-bedAED 1.4M · Jul 2021
1–7 of 8

103, The Polo Residences C2 in numbers

  • Sold twice: first on 7 January 2018 for AED 153,397, last on 17 September 2018 for AED 1,150,473 (AED 749 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2020 and recovered to AED 160,000 by December 2024.
  • At AED 160,000 a year the gross yield on the 2018 price is 13.9%, before a service charge of about AED 24,900 a year (AED 16.25 per sqft).
  • Two-beds in The Polo Residences C2 sold for AED 2,500,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,593 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 103, The Polo Residences C2

What did unit 103 last sell for?

AED 1,150,473 on 17 September 2018: AED 749 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 153,397 in January 2018.

What is the rent for unit 103?

AED 160,000 a year on the contract signed on 1 December 2024. The previous contract, from April 2024, was AED 157,000; the unit has been rented since September 2018.

How big is unit 103?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 103 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 C2 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,650 per sqft.

Selling 103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 103, The Polo Residences C2

Starts from the last sale price (AED 1.15M, 17 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,473
Deposit, UAE resident (20%)
AED 230,095
Deposit, non-resident (40%)
AED 460,189
Monthly over 25 years at 3.7%
AED 4,707

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