2-bed · 1,535 sqftThe Polo Residences C6, Meydan City · 2nd floor · completed 2017

202, The Polo Residences C6

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 1.77M19 April 2023
Current rentAED 100K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, The Polo Residences C6

What is 202 worth today?

Last sold for AED 1,770,000 in 2023

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19 Apr 2023SoldReady
AED 1,770,000AED 1,153 per sqft
1 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
1 Apr 2022RentedRenewal
AED 100,000/yr6 months · AED 65 per sqft
1 Oct 2021RentedRenewal
AED 100,000/yr6 months · AED 65 per sqft
1 Sep 2020RentedNew contract
AED 100,000/yr13 months · AED 65 per sqft
30 Jan 2020RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
17 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
30 Dec 2017RentedNew contract
AED 141,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-25
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,000 /yr
Last sold
AED 1.77M · April 2023

About 202, The Polo Residences C6

202 is a two-bedroom apartment of 1,535 sqft on the 2nd floor of The Polo Residences C6, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 19 April 2023 for AED 1,770,000, or AED 1,153 per sqft, in line with the AED 1,124 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 1 October 2022, is AED 100,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 24,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in The Polo Residences C6
2M2017202020232026Typical sale price by year: 2017 AED 1,878,908; 2023 AED 1,665,000; 2025 AED 2,300,000Sold by developer, May 2017: AED 1,878,908 (AED 1,224 per sqft)Sold, April 2023: AED 1,770,000 (AED 1,153 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in The Polo Residences C6
100K150K2017202020232026Typical rent by year: 2017 AED 142,000; 2018 AED 136,370; 2019 AED 118,500; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 115,000; 2024 AED 170,000; 2025 AED 160,000New contract, December 2017: AED 141,000 a yearNew contract, January 2019: AED 120,000 a yearNew contract, January 2020: AED 105,000 a yearNew contract, September 2020: AED 100,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, April 2022: AED 100,000 a yearRenewal, October 2022: AED 100,000 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 C6, and where 202 sits

All 12 2-beds →

202 last sold in April 2023 at AED 1,153 per sqft, in line with what two-beds in The Polo Residences C6 were fetching at the time (AED 1,124). Over the last 12 months two-beds sold for AED 2,700,000, around AED 1,760 per sqft, and rent for AED 100,000 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Aug 20262,700,000
20 Jun 20252,300,000
20 May 20252,940,000
28 Jan 20252,275,000
1 2-bed sale in the last 12 months

The Polo Residences C6

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,768
Typical sale
AED 2.15M
Typical rent
AED 85K /yr
Typical yield
5.5%
The Polo Residences C6, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 30 units in The Polo Residences C6
Value
2011-bedAED 860K · Mar 2023
2032-bedAED 1.77M · Mar 2023
2041-bedAED 1.4M · Aug 2024
2051-bedAED 965K · Apr 2023
2061-bedAED 960K · Apr 2023
2072-bedAED 1.85M · Sep 2023
2082-bedAED 1.6M · Apr 2023
1–7 of 8

202, The Polo Residences C6 in numbers

  • Sold twice: first on 18 May 2017 for AED 1,878,908, last on 19 April 2023 for AED 1,770,000 (AED 1,153 per sqft).
  • Rented since December 2017 on 7 Ejari contracts, from AED 141,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 24,000 a year (AED 15.67 per sqft).
  • Two-beds in The Polo Residences C6 sold for AED 2,700,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,768 per sqft.

Source: Dubai Land Department. Updated 19 April 2023.

Questions about 202, The Polo Residences C6

What did unit 202 last sell for?

AED 1,770,000 on 19 April 2023: AED 1,153 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,878,908 in May 2017.

What is the rent for unit 202?

AED 100,000 a year on the contract renewed on 1 October 2022. The previous contract, from April 2022, was AED 100,000; the unit has been rented since December 2017.

How big is unit 202?

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 202 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 C6 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 1,760 per sqft.

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Mortgage on 202, The Polo Residences C6

Starts from the last sale price (AED 1.77M, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

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