1-bed · 826 sqftThe Polo Residences C5, Meydan City · 1st floor · completed 2017

104, The Polo Residences C5

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 925K20 March 2024
Current rentAED 58K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, The Polo Residences C5

What is 104 worth today?

Last sold for AED 925,000 in 2024

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20 Mar 2024SoldReady
AED 925,000AED 1,119 per sqft
25 Nov 2023RentedRenewal
AED 57,960/yr12 months · AED 70 per sqft
25 Nov 2022RentedRenewal
AED 50,400/yr12 months · AED 61 per sqft
25 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 58 per sqft
4 Mar 2021RentedRenewal
AED 60,000/yr2 months · AED 73 per sqft
4 Mar 2020RentedRenewal
AED 60,000/yr12 months · AED 73 per sqft
4 Mar 2019RentedRenewal
AED 68,000/yr12 months · AED 82 per sqft
9 Mar 2017Sold by developerReady
AED 967,613AED 1,171 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
1st of 4
Parking
G-24
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,000 /yr
Last sold
AED 925K · March 2024

About 104, The Polo Residences C5

104 is a one-bedroom apartment of 826 sqft on the 1st floor of The Polo Residences C5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 20 March 2024 for AED 925,000, or AED 1,119 per sqft, in line with the AED 1,147 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 25 November 2023, is AED 57,960 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 12,000 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in The Polo Residences C5
920K940K960K20172019202120232025Typical sale price by year: 2017 AED 964,709; 2024 AED 949,630Sold by developer, March 2017: AED 967,613 (AED 1,171 per sqft)Sold, March 2024: AED 925,000 (AED 1,119 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in The Polo Residences C5
60K2017202020232026Typical rent by year: 2017 AED 67,000; 2018 AED 68,000; 2019 AED 67,500; 2020 AED 60,000; 2021 AED 50,000; 2022 AED 54,000; 2023 AED 57,960; 2024 AED 63,750; 2025 AED 64,130; 2026 AED 73,175Renewal, March 2019: AED 68,000 a yearRenewal, March 2020: AED 60,000 a yearRenewal, March 2021: AED 60,000 a yearNew contract, November 2021: AED 48,000 a yearRenewal, November 2022: AED 50,400 a yearRenewal, November 2023: AED 57,960 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 C5, and where 104 sits

All 15 1-beds →

104 last sold in March 2024 at AED 1,119 per sqft, in line with what one-beds in The Polo Residences C5 were fetching at the time (AED 1,147). 104's AED 57,960 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 May 2024975,000
15 Apr 2024980,000
3 Apr 20241,000,000
3 Apr 2024960,000
0 1-bed sales in the last 12 months

The Polo Residences C5

Building

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

Typical price per sqft
AED 2,118
Typical sale
AED 4.7M
Typical rent
AED 90K /yr
Typical yield
4.3%
The Polo Residences C5, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 31 units in The Polo Residences C5
Value
1011-bedAED 935K · Mar 2024
1022-bedAED 2.6M · Aug 2025
1032-bedAED 1.86M · Mar 2024
1051-bedAED 920K · Feb 2024
1061-bedAED 957K · Mar 2024
1072-bedAED 2.16M · Apr 2024
1082-bedAED 2.06M · Feb 2024
1–7 of 8

104, The Polo Residences C5 in numbers

  • Sold twice: first on 9 March 2017 for AED 967,613, last on 20 March 2024 for AED 925,000 (AED 1,119 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 48,000 in 2021 and recovered to AED 57,960 by November 2023.
  • At AED 57,960 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 12,000 a year (AED 14.49 per sqft).

Source: Dubai Land Department. Updated 20 March 2024.

Questions about 104, The Polo Residences C5

What did unit 104 last sell for?

AED 925,000 on 20 March 2024: AED 1,119 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 967,613 in March 2017.

What is the rent for unit 104?

AED 57,960 a year on the contract renewed on 25 November 2023. The previous contract, from November 2022, was AED 50,400; the unit has been rented since March 2019.

How big is unit 104?

826 sqft (76.7 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 104 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 104, The Polo Residences C5

Starts from the last sale price (AED 925K, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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