2-bed · 1,534 sqftThe Polo Residences C4, Meydan City · 1st floor · completed 2017

107, The Polo Residences C4

Sold prices and rental history: sold once, by the developer in August 2019, and rented once, from October 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 27 August 2019
Last soldAED 1.27M27 August 2019
Current rentAED 95K /yr20 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, The Polo Residences C4

What is 107 worth today?

Last sold for AED 1,265,000 in 2019

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27 Aug 2019Sold by developerReady
AED 1,265,000AED 824 per sqft
20 Oct 2018RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 27 August 2019.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
1st of 4
Parking
G-15
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,100 /yr
Last sold
AED 1.27M · August 2019

About 107, The Polo Residences C4

107 is a two-bedroom apartment of 1,534 sqft on the 1st floor of The Polo Residences C4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 27 August 2019 for AED 1,265,000, or AED 824 per sqft, 10% below the AED 912 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2018. The current contract, signed on 20 October 2018, is AED 95,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 24,100 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in The Polo Residences C4
2M20142017202020232026Typical sale price by year: 2014 AED 1,847,016; 2015 AED 1,840,065; 2017 AED 1,740,000; 2025 AED 2,450,000Sold by developer, August 2019: AED 1,265,000 (AED 824 per sqft)

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

Rents
Unit 107, each contractTypical two-bed in The Polo Residences C4
100K150K2017202020232026Typical rent by year: 2017 AED 125,000; 2018 AED 117,500; 2019 AED 102,500; 2020 AED 90,000; 2021 AED 89,500; 2022 AED 97,500; 2023 AED 110,000; 2024 AED 135,000; 2025 AED 145,347; 2026 AED 149,500New contract, October 2018: AED 95,000 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 C4, and where 107 sits

All 12 2-beds →

107 last sold in August 2019 at AED 824 per sqft, 10% below what two-beds in The Polo Residences C4 were fetching at the time (AED 912). Over the last 12 months two-beds sold for AED 2,900,000, around AED 1,889 per sqft, and rent for AED 130,000 to 165,000 a year. 107's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Apr 20262,900,000
7 Nov 20252,400,000
27 Oct 20252,450,000
20 Jun 20252,900,000
1 2-bed sale in the last 12 months

The Polo Residences C4

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 1,664
Typical sale
AED 2.04M
Typical rent
AED 78K /yr
Typical yield
5.4%
The Polo Residences C4, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 30 units in The Polo Residences C4
Value
1011-bedAED 1.09M · Oct 2014
1022-bedAED 1.83M · Nov 2014
1032-bedAED 1.88M · Sep 2014
1041-bedAED 960K · Dec 2016
1051-bedAED 825K · Jul 2022
1061-bedAED 1.13M · Jul 2024
1082-bedAED 1.68M · Mar 2017
1–7 of 8

107, The Polo Residences C4 in numbers

  • Sold once: by IGO Property Development on 27 August 2019 for AED 1,265,000, or AED 824 per sqft.
  • Rented since October 2018 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 7.5%, before a service charge of about AED 24,100 a year (AED 15.68 per sqft).
  • Two-beds in The Polo Residences C4 sold for AED 2,900,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,664 per sqft.

Source: Dubai Land Department. Updated 27 August 2019.

Questions about 107, The Polo Residences C4

What did unit 107 last sell for?

AED 1,265,000 on 27 August 2019, sold by the developer: AED 824 per sqft for 1,534 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 95,000 a year on the contract signed on 20 October 2018.

How big is unit 107?

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 107 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 C4 sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,889 per sqft.

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Mortgage on 107, The Polo Residences C4

Starts from the last sale price (AED 1.27M, 27 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,265,000
Deposit, UAE resident (20%)
AED 253,000
Deposit, non-resident (40%)
AED 506,000
Monthly over 25 years at 3.7%
AED 5,176

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