2-bed · 1,535 sqftThe Polo Residences C5, Meydan City · 2nd floor · completed 2017

208, The Polo Residences C5

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

Unit 208 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 2.19M4 June 2024
Current rentAED 109K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, The Polo Residences C5

What is 208 worth today?

Last sold for AED 2,193,240 in 2024

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4 Jun 2024SoldReady
AED 2,193,240AED 1,429 per sqft
15 Dec 2023RentedRenewal
AED 108,675/yr12 months · AED 71 per sqft
15 Dec 2022RentedRenewal
AED 94,500/yr12 months · AED 62 per sqft
15 Dec 2021RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
1 Dec 2020RentedRenewal
AED 102,000/yr12 months · AED 66 per sqft
1 Dec 2019RentedRenewal
AED 112,500/yr12 months · AED 73 per sqft
1 Dec 2018RentedRenewal
AED 120,000/yr12 months · AED 78 per sqft
1 Dec 2017RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-09
Developer
IGO Property Development
Completed
2017
Service charge
AED 22,200 /yr
Last sold
AED 2.19M · June 2024

About 208, The Polo Residences C5

208 is a two-bedroom apartment of 1,535 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 4 June 2024 for AED 2,193,240, or AED 1,429 per sqft, 11% above the AED 1,287 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 108,675 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 22,200 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in The Polo Residences C5
1.8M2M2.2M20172019202120232025Typical sale price by year: 2017 AED 1,834,299; 2024 AED 2,178,620Sold by developer, March 2017: AED 1,834,310 (AED 1,195 per sqft)Sold, June 2024: AED 2,193,240 (AED 1,429 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in The Polo Residences C5
100K150K2017202020232026Typical rent by year: 2017 AED 122,500; 2018 AED 117,179; 2019 AED 104,000; 2020 AED 97,002; 2021 AED 89,500; 2022 AED 92,250; 2023 AED 111,825; 2024 AED 120,000; 2025 AED 158,500New contract, December 2017: AED 120,000 a yearRenewal, December 2018: AED 120,000 a yearRenewal, December 2019: AED 112,500 a yearRenewal, December 2020: AED 102,000 a yearNew contract, December 2021: AED 90,000 a yearRenewal, December 2022: AED 94,500 a yearRenewal, December 2023: AED 108,675 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Polo Residences C5, and where 208 sits

All 16 2-beds →

208 last sold in June 2024 at AED 1,429 per sqft, 11% above what two-beds in The Polo Residences C5 were fetching at the time (AED 1,287). Over the last 12 months two-beds sold for AED 4,700,000, around AED 2,118 per sqft, and rent for AED 118,648 to 155,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Mar 20264,700,000
2 Oct 20252,450,000
5 Aug 20252,600,000
5 Jun 20242,600,000
1 2-bed sale 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
2061-bedAED 950K · Mar 2024
2072-bedAED 2.19M · Apr 2024
1–7 of 8

208, The Polo Residences C5 in numbers

  • Sold twice: first on 9 March 2017 for AED 1,834,310, last on 4 June 2024 for AED 2,193,240 (AED 1,429 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 108,675 by December 2023.
  • At AED 108,675 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 22,200 a year (AED 14.49 per sqft).
  • Two-beds in The Polo Residences C5 sold for AED 4,700,000–4,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,118 per sqft.

Source: Dubai Land Department. Updated 4 June 2024.

Questions about 208, The Polo Residences C5

What did unit 208 last sell for?

AED 2,193,240 on 4 June 2024: AED 1,429 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,834,310 in March 2017.

What is the rent for unit 208?

AED 108,675 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 94,500; the unit has been rented since December 2017.

How big is unit 208?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Polo Residences C5 sold for AED 4,700,000 to 4,700,000 in the last 12 months, around AED 2,118 per sqft.

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Mortgage on 208, The Polo Residences C5

Starts from the last sale price (AED 2.19M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,193,240
Deposit, UAE resident (20%)
AED 438,648
Deposit, non-resident (40%)
AED 877,296
Monthly over 25 years at 3.7%
AED 8,973

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