1-bed · 814 sqftThe Polo Residences C5, Meydan City · 1st floor · completed 2017

109, 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 109 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 930K20 March 2024
Current rentAED 62K /yr23 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, The Polo Residences C5

What is 109 worth today?

Last sold for AED 930,000 in 2024

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20 Mar 2024SoldReady
AED 930,000AED 1,142 per sqft
23 Apr 2023RentedRenewal
AED 61,500/yr36 months · AED 76 per sqft
23 Apr 2022RentedRenewal
AED 55,000/yr12 months · AED 68 per sqft
23 Apr 2021RentedRenewal
AED 55,000/yr12 months · AED 68 per sqft
23 May 2020RentedRenewal
AED 60,000/yr11 months · AED 74 per sqft
23 Apr 2020RentedRenewal
AED 60,000/yr1 months · AED 74 per sqft
23 Apr 2019RentedNew contract
AED 63,000/yr12 months · AED 77 per sqft
9 Mar 2017Sold by developerReady
AED 964,709AED 1,185 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
1st of 4
Parking
G-21
Developer
IGO Property Development
Completed
2017
Service charge
AED 11,800 /yr
Last sold
AED 930K · March 2024

About 109, The Polo Residences C5

109 is a one-bedroom apartment of 814 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 930,000, or AED 1,142 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 23 April 2023, is AED 61,500 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in The Polo Residences C5
940K960K20172019202120232025Typical sale price by year: 2017 AED 964,709; 2024 AED 949,630Sold by developer, March 2017: AED 964,709 (AED 1,185 per sqft)Sold, March 2024: AED 930,000 (AED 1,142 per sqft)

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

Rents
Unit 109, 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 73,175New contract, April 2019: AED 63,000 a yearRenewal, April 2020: AED 60,000 a yearRenewal, May 2020: AED 60,000 a yearRenewal, April 2021: AED 55,000 a yearRenewal, April 2022: AED 55,000 a yearRenewal, April 2023: AED 61,500 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 109 sits

All 15 1-beds →

109 last sold in March 2024 at AED 1,142 per sqft, in line with what one-beds in The Polo Residences C5 were fetching at the time (AED 1,147). 109's AED 61,500 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
1041-bedAED 925K · Mar 2024
1051-bedAED 920K · Feb 2024
1061-bedAED 957K · Mar 2024
1072-bedAED 2.16M · Apr 2024
1–7 of 8

109, The Polo Residences C5 in numbers

  • Sold twice: first on 9 March 2017 for AED 964,709, last on 20 March 2024 for AED 930,000 (AED 1,142 per sqft).
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 55,000 in 2022 and recovered to AED 61,500 by April 2023.
  • At AED 61,500 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 11,800 a year (AED 14.49 per sqft).

Source: Dubai Land Department. Updated 20 March 2024.

Questions about 109, The Polo Residences C5

What did unit 109 last sell for?

AED 930,000 on 20 March 2024: AED 1,142 per sqft for 814 sqft. The unit has 2 registered sales; the first was AED 964,709 in March 2017.

What is the rent for unit 109?

AED 61,500 a year on the contract renewed on 23 April 2023. The previous contract, from April 2022, was AED 55,000; the unit has been rented since April 2019.

How big is unit 109?

814 sqft (75.6 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 109 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 109, The Polo Residences C5

Starts from the last sale price (AED 930K, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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