1-bed · 821 sqftThe Polo Residences C5, Meydan City · 2nd floor · completed 2017

205, The Polo Residences C5

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

Unit 205 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 940K20 March 2024
Current rentAED 58K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, The Polo Residences C5

What is 205 worth today?

Last sold for AED 940,000 in 2024

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1 Dec 2024RentedNew contract
AED 57,960/yr5 months · AED 71 per sqft
20 Mar 2024SoldReady
AED 940,000AED 1,145 per sqft
1 Dec 2023RentedRenewal
AED 57,960/yr12 months · AED 71 per sqft
1 Dec 2022RentedRenewal
AED 50,400/yr12 months · AED 61 per sqft
1 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 58 per sqft
9 Oct 2020RentedNew contract
AED 50,769/yr13 months · AED 62 per sqft
18 Feb 2019RentedRenewal
AED 68,000/yr12 months · AED 83 per sqft
18 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
2nd of 4
Parking
G-29
Developer
IGO Property Development
Completed
2017
Service charge
AED 11,900 /yr
Last sold
AED 940K · March 2024

About 205, The Polo Residences C5

205 is a one-bedroom apartment of 821 sqft on the 2nd 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 940,000, or AED 1,145 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 2018 on 7 Ejari contracts. The current contract, signed on 1 December 2024, is AED 57,960 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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 967,372 (AED 1,178 per sqft)Sold, March 2024: AED 940,000 (AED 1,145 per sqft)

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

Rents
Unit 205, 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, February 2018: AED 70,000 a yearRenewal, February 2019: AED 68,000 a yearNew contract, October 2020: AED 50,769 a yearNew contract, December 2021: AED 48,000 a yearRenewal, December 2022: AED 50,400 a yearRenewal, December 2023: AED 57,960 a yearNew contract, December 2024: 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 205 sits

All 15 1-beds →

205 last sold in March 2024 at AED 1,145 per sqft, in line with what one-beds in The Polo Residences C5 were fetching at the time (AED 1,147). 205'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 2nd floor

All 31 units in The Polo Residences C5
Value
2011-bedAED 960K · Apr 2024
2022-bedAED 2.45M · Oct 2025
2032-bedAED 1.92M · Feb 2024
2041-bedAED 945K · Mar 2024
2061-bedAED 950K · Mar 2024
2072-bedAED 2.19M · Apr 2024
2082-bedAED 2.19M · Jun 2024
1–7 of 8

205, The Polo Residences C5 in numbers

  • Sold twice: first on 9 March 2017 for AED 967,372, last on 20 March 2024 for AED 940,000 (AED 1,145 per sqft).
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2021 and recovered to AED 57,960 by December 2024.
  • At AED 57,960 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 11,900 a year (AED 14.49 per sqft).

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 205, The Polo Residences C5

What did unit 205 last sell for?

AED 940,000 on 20 March 2024: AED 1,145 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 967,372 in March 2017.

What is the rent for unit 205?

AED 57,960 a year on the contract signed on 1 December 2024. The previous contract, from December 2023, was AED 57,960; the unit has been rented since February 2018.

How big is unit 205?

821 sqft (76.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 205 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 205, The Polo Residences C5

Starts from the last sale price (AED 940K, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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