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

206, The Polo Residences C5

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 950K20 March 2024
Current rentAED 64K /yr19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, The Polo Residences C5

What is 206 worth today?

Last sold for AED 949,630 in 2024

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19 Sep 2024RentedNew contract
AED 63,750/yr12 months · AED 78 per sqft
20 Mar 2024SoldReady
AED 949,630AED 1,157 per sqft
20 Sep 2023RentedRenewal
AED 55,440/yr12 months · AED 68 per sqft
20 Sep 2022RentedRenewal
AED 50,400/yr12 months · AED 61 per sqft
20 Aug 2021RentedNew contract
AED 48,000/yr13 months · AED 58 per sqft
1 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
13 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
18 Dec 2017RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
2nd of 4
Parking
G-30
Developer
IGO Property Development
Completed
2017
Service charge
AED 11,900 /yr
Last sold
AED 950K · March 2024

About 206, The Polo Residences C5

206 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 949,630, or AED 1,157 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 2017 on 7 Ejari contracts. The current contract, signed on 19 September 2024, is AED 63,750 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in The Polo Residences C5
950K960K20172019202120232025Typical sale price by year: 2017 AED 964,709; 2024 AED 949,630Sold by developer, March 2017: AED 963,170 (AED 1,173 per sqft)Sold, March 2024: AED 949,630 (AED 1,157 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 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, December 2017: AED 65,000 a yearNew contract, January 2019: AED 65,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, August 2021: AED 48,000 a yearRenewal, September 2022: AED 50,400 a yearRenewal, September 2023: AED 55,440 a yearNew contract, September 2024: AED 63,750 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 206 sits

All 15 1-beds →

206 last sold in March 2024 at AED 1,157 per sqft, in line with what one-beds in The Polo Residences C5 were fetching at the time (AED 1,147). 206's AED 63,750 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
2051-bedAED 940K · Mar 2024
2072-bedAED 2.19M · Apr 2024
2082-bedAED 2.19M · Jun 2024
1–7 of 8

206, The Polo Residences C5 in numbers

  • Sold twice: first on 9 March 2017 for AED 963,170, last on 20 March 2024 for AED 949,630 (AED 1,157 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 48,000 in 2021 and recovered to AED 63,750 by September 2024.
  • At AED 63,750 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 11,900 a year (AED 14.49 per sqft).

Source: Dubai Land Department. Updated 19 September 2024.

Questions about 206, The Polo Residences C5

What did unit 206 last sell for?

AED 949,630 on 20 March 2024: AED 1,157 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 963,170 in March 2017.

What is the rent for unit 206?

AED 63,750 a year on the contract signed on 19 September 2024. The previous contract, from September 2023, was AED 55,440; the unit has been rented since December 2017.

How big is unit 206?

821 sqft (76.3 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.

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Mortgage on 206, The Polo Residences C5

Starts from the last sale price (AED 950K, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 949,630
Deposit, UAE resident (20%)
AED 189,926
Deposit, non-resident (40%)
AED 379,852
Monthly over 25 years at 3.7%
AED 3,885

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