2-bed · 1,535 sqftThe Polo Residences C2, Meydan City · 2nd floor · completed 2017

202, 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 202 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.15M17 September 2018
Current rentAED 150K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, The Polo Residences C2

What is 202 worth today?

Last sold for AED 1,151,038 in 2018

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1 Sep 2024RentedRenewal
AED 150,000/yr12 months · AED 97 per sqft
1 Sep 2023RentedRenewal
AED 95,000/yr12 months · AED 62 per sqft
1 Sep 2022RentedRenewal
AED 93,500/yr12 months · AED 61 per sqft
1 Sep 2021RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
5 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
17 Sep 2018SoldReady
AED 1,151,038AED 749 per sqft
7 Jan 2018Sold by developerReady · flagged as an outlier
AED 153,472AED 100 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-13
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,900 /yr
Last sold
AED 1.15M · September 2018

About 202, The Polo Residences C2

202 is a two-bedroom apartment of 1,535 sqft on the 2nd 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 1,151,038, 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, renewed on 1 September 2024, is AED 150,000 a year: a gross yield of 13.0% on the 2018 price, before the service charge of about AED 24,900 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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 1,151,038 (AED 749 per sqft)

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

Rents
Unit 202, 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, November 2018: AED 120,000 a yearNew contract, September 2020: AED 85,000 a yearRenewal, September 2021: AED 85,000 a yearRenewal, September 2022: AED 93,500 a yearRenewal, September 2023: AED 95,000 a yearRenewal, September 2024: AED 150,000 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 202 sits

All 12 2-beds →

202 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. 202's AED 150,000 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 2nd floor

All 30 units in The Polo Residences C2
Value
2011-bedAED 610K · Sep 2018
2032-bedAED 1.53M · Feb 2019
2041-bedAED 780K · Jan 2019
2051-bedAED 940K · Feb 2024
2061-bedAED 1M · Apr 2024
2072-bedAED 2.42M · Feb 2025
2082-bedAED 1.15M · Sep 2018
1–7 of 8

202, The Polo Residences C2 in numbers

  • Sold twice: first on 7 January 2018 for AED 153,472, last on 17 September 2018 for AED 1,151,038 (AED 749 per sqft).
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2021 and recovered to AED 150,000 by September 2024.
  • At AED 150,000 a year the gross yield on the 2018 price is 13.0%, 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 September 2024.

Questions about 202, The Polo Residences C2

What did unit 202 last sell for?

AED 1,151,038 on 17 September 2018: AED 749 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 153,472 in January 2018.

What is the rent for unit 202?

AED 150,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 95,000; the unit has been rented since November 2018.

How big is unit 202?

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 202 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.

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Mortgage on 202, 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 1,151,038
Deposit, UAE resident (20%)
AED 230,208
Deposit, non-resident (40%)
AED 460,415
Monthly over 25 years at 3.7%
AED 4,709

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