1-bed · 883 sqftThe Polo Residences C7, Meydan City · 2nd floor · completed 2017

205, The Polo Residences C7

Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 1.2M5 September 2023
Current rentAED 90K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, The Polo Residences C7

What is 205 worth today?

Last sold for AED 1,200,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Sep 2023SoldReady
AED 1,200,000AED 1,359 per sqft
10 Aug 2023RentedNew contract
AED 90,000/yr5 months · AED 102 per sqft
10 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
20 Apr 2022SoldReady · flagged as an outlier
AED 425,000AED 481 per sqft
20 Aug 2017RentedNew contract
AED 80,000/yr24 months · AED 91 per sqft
20 Oct 2014Sold by developerOff-plan
AED 1,005,422AED 1,138 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
2nd of 4
Parking
G-28
Developer
IGO Property Development
Completed
2017
Service charge
AED 14,200 /yr
Last sold
AED 1.2M · September 2023

About 205, The Polo Residences C7

205 is a one-bedroom apartment of 883 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 5 September 2023 for AED 1,200,000, or AED 1,359 per sqft, 6% above the AED 1,279 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 August 2023, is AED 90,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in The Polo Residences C7
1M1.2M2014201720202023Typical sale price by year: 2014 AED 974,036; 2015 AED 1,097,512; 2016 AED 1,147,531; 2017 AED 1,160,000; 2018 AED 1,000,000; 2023 AED 1,130,000; 2024 AED 1,292,500Sold by developer, October 2014: AED 1,005,422 (AED 1,138 per sqft)Sold, September 2023: AED 1,200,000 (AED 1,359 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in The Polo Residences C7
60K80K100K2017202020232026Typical rent by year: 2017 AED 77,500; 2018 AED 77,500; 2019 AED 65,000; 2020 AED 60,000; 2021 AED 56,375; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 77,500; 2025 AED 95,000; 2026 AED 92,000New contract, August 2017: AED 80,000 a yearNew contract, January 2023: AED 70,000 a yearNew contract, August 2023: AED 90,000 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 C7, and where 205 sits

All 15 1-beds →

205 last sold in September 2023 at AED 1,359 per sqft, 6% above what one-beds in The Polo Residences C7 were fetching at the time (AED 1,279). Over the last 12 months one-beds sold for AED 1,235,000 to 1,580,000, around AED 1,632 per sqft, and rent for AED 75,000 to 95,000 a year. 205's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Mar 20261,235,000
27 Nov 20251,580,000
13 Sep 20241,420,000
1 Apr 20241,350,000
2 1-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
2032-bedAED 1.55M · May 2022
2041-bedAED 1.15M · Apr 2016
2061-bedAED 1.16M · Oct 2017
2072-bedAED 2.1M · Sep 2023
2082-bedNo registered sale
1–7 of 8

205, The Polo Residences C7 in numbers

  • Sold 3 times: first on 20 October 2014 for AED 1,005,422, last on 5 September 2023 for AED 1,200,000 (AED 1,359 per sqft).
  • Rented since August 2017 on 3 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2023 and recovered to AED 90,000 by August 2023.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 14,200 a year (AED 16.11 per sqft).
  • One-beds in The Polo Residences C7 sold for AED 1,235,000–1,580,000 in the 12 months to November 2026; the building's median across all types is AED 1,632 per sqft.

Source: Dubai Land Department. Updated 5 September 2023.

Questions about 205, The Polo Residences C7

What did unit 205 last sell for?

AED 1,200,000 on 5 September 2023: AED 1,359 per sqft for 883 sqft. The unit has 3 registered sales; the first was AED 1,005,422 in October 2014.

What is the rent for unit 205?

AED 90,000 a year on the contract signed on 10 August 2023. The previous contract, from January 2023, was AED 70,000; the unit has been rented since August 2017.

How big is unit 205?

883 sqft (82.0 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 205 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 C7 sold for AED 1,235,000 to 1,580,000 in the last 12 months, around AED 1,632 per sqft.

Selling 205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 205, The Polo Residences C7

Starts from the last sale price (AED 1.2M, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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