1-bed · 906 sqftThe Polo Residences C6, Meydan City · 2nd floor · completed 2017

206, The Polo Residences C6

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 24 April 2023
Last soldAED 960K24 April 2023
Current rentAED 63K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, The Polo Residences C6

What is 206 worth today?

Last sold for AED 960,000 in 2023

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24 Apr 2023SoldReady
AED 960,000AED 1,059 per sqft
20 Nov 2022RentedRenewal
AED 63,000/yr12 months · AED 70 per sqft
20 Nov 2021RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
20 Oct 2020RentedNew contract
AED 60,000/yr13 months · AED 66 per sqft
21 Jan 2020RentedNew contract
AED 74,000/yr12 months · AED 82 per sqft
21 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
18 May 2017Sold by developerReady
AED 1,127,166AED 1,244 per sqft

Source: Dubai Land Department. Updated 24 April 2023.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
2nd of 4
Parking
G-14
Developer
IGO Property Development
Completed
2017
Service charge
AED 14,200 /yr
Last sold
AED 960K · April 2023

About 206, The Polo Residences C6

206 is a one-bedroom apartment of 906 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 24 April 2023 for AED 960,000, or AED 1,059 per sqft, in line with the AED 1,061 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 63,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in The Polo Residences C6
1M1.1M2017201920212023Typical sale price by year: 2017 AED 1,119,460; 2023 AED 960,000Sold by developer, May 2017: AED 1,127,166 (AED 1,244 per sqft)Sold, April 2023: AED 960,000 (AED 1,059 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 C6
60K80K2018202120242027Typical rent by year: 2018 AED 89,000; 2019 AED 73,846; 2020 AED 62,500; 2021 AED 62,500; 2022 AED 75,000; 2023 AED 82,500; 2024 AED 86,500; 2025 AED 85,000; 2026 AED 84,000New contract, January 2018: AED 90,000 a yearNew contract, January 2020: AED 74,000 a yearNew contract, October 2020: AED 60,000 a yearRenewal, November 2021: AED 60,000 a yearRenewal, November 2022: AED 63,000 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 C6, and where 206 sits

All 15 1-beds →

206 last sold in April 2023 at AED 1,059 per sqft, in line with what one-beds in The Polo Residences C6 were fetching at the time (AED 1,061). Over the last 12 months one-beds sold for AED 1,600,000, around AED 1,776 per sqft, and rent for AED 69,877 to 88,000 a year. 206's AED 63,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 20261,600,000
29 Aug 20241,400,000
9 Nov 20231,250,000
26 Apr 2023945,000
1 1-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
2022-bedAED 1.77M · Apr 2023
2032-bedAED 1.77M · Mar 2023
2041-bedAED 1.4M · Aug 2024
2051-bedAED 965K · Apr 2023
2072-bedAED 1.85M · Sep 2023
2082-bedAED 1.6M · Apr 2023
1–7 of 8

206, The Polo Residences C6 in numbers

  • Sold twice: first on 18 May 2017 for AED 1,127,166, last on 24 April 2023 for AED 960,000 (AED 1,059 per sqft).
  • Rented since January 2018 on 5 Ejari contracts, from AED 90,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 14,200 a year (AED 15.67 per sqft).
  • One-beds in The Polo Residences C6 sold for AED 1,600,000–1,600,000 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 24 April 2023.

Questions about 206, The Polo Residences C6

What did unit 206 last sell for?

AED 960,000 on 24 April 2023: AED 1,059 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 1,127,166 in May 2017.

What is the rent for unit 206?

AED 63,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 60,000; the unit has been rented since January 2018.

How big is unit 206?

906 sqft (84.2 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. One-beds in The Polo Residences C6 sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 1,776 per sqft.

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Mortgage on 206, The Polo Residences C6

Starts from the last sale price (AED 960K, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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