2-bed · 1,493 sqftThe Polo Residences C7, Meydan City · 2nd floor · completed 2017

203, The Polo Residences C7

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 1.55M25 May 2022
Current rentAED 94K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Polo Residences C7

What is 203 worth today?

Last sold for AED 1,550,000 in 2022

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10 Jan 2023RentedRenewal
AED 93,561/yr4 months · AED 63 per sqft
25 May 2022SoldReady
AED 1,550,000AED 1,038 per sqft
10 Jan 2022RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
10 Jan 2022RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
1 Jan 2021RentedNew contract
AED 81,000/yr12 months · AED 54 per sqft
1 Jan 2020RentedNew contract
AED 93,000/yr12 months · AED 62 per sqft
1 Jan 2019RentedRenewal
AED 100,000/yr12 months · AED 67 per sqft
1 Jan 2018RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
2-bed apartment
Size
1,493 sqft
Floor
2nd of 4
Parking
G-15
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,100 /yr
Last sold
AED 1.55M · May 2022

About 203, The Polo Residences C7

203 is a two-bedroom apartment of 1,493 sqft on the 2nd floor of The Polo Residences C7, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 25 May 2022 for AED 1,550,000, or AED 1,038 per sqft, 24% above the AED 837 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 93,561 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 24,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in The Polo Residences C7
1.6M1.8M20152017201920212023Typical sale price by year: 2015 AED 1,834,319; 2017 AED 1,775,000; 2022 AED 1,850,000Sold by developer, October 2017: AED 1,690,144 (AED 1,131 per sqft)Sold, May 2022: AED 1,550,000 (AED 1,038 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in The Polo Residences C7
100K150K2017202020232026Typical rent by year: 2017 AED 125,000; 2018 AED 122,500; 2019 AED 107,500; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 107,000; 2023 AED 110,000; 2024 AED 150,000; 2025 AED 138,250; 2026 AED 148,500New contract, January 2018: AED 100,000 a yearRenewal, January 2019: AED 100,000 a yearNew contract, January 2020: AED 93,000 a yearNew contract, January 2021: AED 81,000 a yearNew contract, January 2022: AED 90,000 a yearNew contract, January 2022: AED 90,000 a yearRenewal, January 2023: AED 93,561 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 C7, and where 203 sits

All 16 2-beds →

203 last sold in May 2022 at AED 1,038 per sqft, 24% above what two-beds in The Polo Residences C7 were fetching at the time (AED 837). 203's AED 93,561 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 20252,550,000
14 Sep 20232,100,000
1 Mar 20232,050,000
14 Apr 20221,850,000
0 2-bed sales in the last 12 months

The Polo Residences C7

Building

31 apartments, 1-bed to 2-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 1,632
Typical sale
AED 1.41M
Typical rent
AED 147K /yr
Typical yield
6.0%
The Polo Residences C7, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 31 units in The Polo Residences C7
Value
2011-bedAED 700K · Jan 2021
2022-bedAED 2.55M · Jul 2025
2041-bedAED 1.15M · Apr 2016
2051-bedAED 1.2M · Sep 2023
2061-bedAED 1.16M · Oct 2017
2072-bedAED 2.1M · Sep 2023
2082-bedNo registered sale
1–7 of 8

203, The Polo Residences C7 in numbers

  • Sold twice: first on 8 October 2017 for AED 1,690,144, last on 25 May 2022 for AED 1,550,000 (AED 1,038 per sqft).
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 81,000 in 2021 and recovered to AED 93,561 by January 2023.
  • At AED 93,561 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 24,100 a year (AED 16.11 per sqft).

Source: Dubai Land Department. Updated 10 January 2023.

Questions about 203, The Polo Residences C7

What did unit 203 last sell for?

AED 1,550,000 on 25 May 2022: AED 1,038 per sqft for 1,493 sqft. The unit has 2 registered sales; the first was AED 1,690,144 in October 2017.

What is the rent for unit 203?

AED 93,561 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 90,000; the unit has been rented since January 2018.

How big is unit 203?

1,493 sqft (138.7 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 203 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 203, The Polo Residences C7

Starts from the last sale price (AED 1.55M, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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