1-bed · 826 sqftThe Polo Residences C4, Meydan City · 2nd floor · completed 2017

206, The Polo Residences C4

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 1.08M3 April 2024
Current rentAED 60K /yr11 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, The Polo Residences C4

What is 206 worth today?

Last sold for AED 1,075,000 in 2024

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3 Apr 2024SoldReady
AED 1,075,000AED 1,301 per sqft
11 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
17 May 2021RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
17 May 2020RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
17 May 2019RentedRenewal
AED 62,000/yr12 months · AED 75 per sqft
17 May 2018RentedNew contract
AED 62,000/yr12 months · AED 75 per sqft
15 Oct 2014Sold by developerOff-plan
AED 1,109,769AED 1,343 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
2nd of 4
Parking
G-30
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,900 /yr
Last sold
AED 1.08M · April 2024

About 206, The Polo Residences C4

206 is a one-bedroom apartment of 826 sqft on the 2nd floor of The Polo Residences C4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 3 April 2024 for AED 1,075,000, or AED 1,301 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 11 June 2022, is AED 60,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 12,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in The Polo Residences C4
1M1.05M1.1M2014201720202023Typical sale price by year: 2014 AED 1,094,542; 2015 AED 1,090,648; 2017 AED 1,000,000Sold by developer, October 2014: AED 1,109,769 (AED 1,343 per sqft)Sold, April 2024: AED 1,075,000 (AED 1,301 per sqft)

206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 206, each contractTypical one-bed in The Polo Residences C4
40K60K80K2017202020232026Typical rent by year: 2017 AED 71,500; 2018 AED 65,500; 2019 AED 62,500; 2020 AED 51,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 70,000; 2024 AED 73,500; 2025 AED 75,000; 2026 AED 70,500New contract, May 2018: AED 62,000 a yearRenewal, May 2019: AED 62,000 a yearRenewal, May 2020: AED 55,000 a yearRenewal, May 2021: AED 45,000 a yearNew contract, June 2022: AED 60,000 a year

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 C4, and where 206 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 1,180,000, around AED 1,438 per sqft, and rent for AED 62,117 to 120,000 a year. 206's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jul 20261,180,000
17 Jul 20241,125,000
26 Oct 2022650,000
29 Jul 2022825,000
1 1-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 2nd floor

All 30 units in The Polo Residences C4
Value
2011-bedAED 580K · Jul 2019
2022-bedAED 2.9M · Apr 2026
2032-bedAED 2.9M · Jun 2025
2041-bedAED 1.18M · Jul 2026
2051-bedAED 960K · Feb 2017
2072-bedAED 1.1M · Jul 2022
2082-bedAED 2.4M · Nov 2025
1–7 of 8

206, The Polo Residences C4 in numbers

  • Sold twice: first on 15 October 2014 for AED 1,109,769, last on 3 April 2024 for AED 1,075,000 (AED 1,301 per sqft).
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 45,000 in 2021 and recovered to AED 60,000 by June 2022.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 12,900 a year (AED 15.68 per sqft).
  • One-beds in The Polo Residences C4 sold for AED 1,180,000–1,180,000 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 3 April 2024.

Questions about 206, The Polo Residences C4

What did unit 206 last sell for?

AED 1,075,000 on 3 April 2024: AED 1,301 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 1,109,769 in October 2014.

What is the rent for unit 206?

AED 60,000 a year on the contract signed on 11 June 2022. The previous contract, from May 2021, was AED 45,000; the unit has been rented since May 2018.

How big is unit 206?

826 sqft (76.7 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 206 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 C4 sold for AED 1,180,000 to 1,180,000 in the last 12 months, around AED 1,438 per sqft.

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Mortgage on 206, The Polo Residences C4

Starts from the last sale price (AED 1.08M, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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