1-bed · 814 sqftThe Polo Residences C7, Meydan City · 2nd floor · completed 2017

209, The Polo Residences C7

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 918K20 October 2014
Current rentAED 75K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, The Polo Residences C7

What is 209 worth today?

Last sold for AED 918,071 in 2014

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12 Oct 2024RentedRenewal
AED 75,000/yr12 months · AED 93 per sqft
12 Oct 2023RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
12 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
25 Sep 2021RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
29 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
12 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
20 Aug 2017RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
20 Oct 2014Sold by developerOff-plan
AED 918,071AED 1,128 per sqft

Source: Dubai Land Department. Updated 12 October 2024.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
2nd of 4
Parking
G-27
Developer
IGO Property Development
Completed
2017
Service charge
AED 13,100 /yr
Last sold
AED 918K · October 2014

About 209, The Polo Residences C7

209 is a one-bedroom apartment of 814 sqft on the 2nd floor of The Polo Residences C7, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 20 October 2014 for AED 918,071, or AED 1,128 per sqft, in line with the AED 1,128 one-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 12 October 2024, is AED 75,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 13,100 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 918,071 (AED 1,128 per sqft)

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

Rents
Unit 209, each contractTypical one-bed in The Polo Residences C7
50K75K100K2017202020232026Typical 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 75,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, September 2021: AED 48,000 a yearNew contract, October 2022: AED 65,000 a yearRenewal, October 2023: AED 70,000 a yearRenewal, October 2024: AED 75,000 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 209 sits

All 15 1-beds →

209 last sold in October 2014 at AED 1,128 per sqft, in line with what one-beds in The Polo Residences C7 were fetching at the time (AED 1,128). 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. 209's AED 75,000 is at the bottom 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
2051-bedAED 1.2M · Sep 2023
2061-bedAED 1.16M · Oct 2017
2072-bedAED 2.1M · Sep 2023
1–7 of 8

209, The Polo Residences C7 in numbers

  • Sold once: by IGO Property Development on 20 October 2014 for AED 918,071, or AED 1,128 per sqft.
  • Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2021 and recovered to AED 75,000 by October 2024.
  • At AED 75,000 a year the gross yield on the 2014 price is 8.2%, before a service charge of about AED 13,100 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 12 October 2024.

Questions about 209, The Polo Residences C7

What did unit 209 last sell for?

AED 918,071 on 20 October 2014, sold by the developer: AED 1,128 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 75,000 a year on the contract renewed on 12 October 2024. The previous contract, from October 2023, was AED 70,000; the unit has been rented since August 2017.

How big is unit 209?

814 sqft (75.6 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 209 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.

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Mortgage on 209, The Polo Residences C7

Starts from the last sale price (AED 918K, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 918,071
Deposit, UAE resident (20%)
AED 183,614
Deposit, non-resident (40%)
AED 367,228
Monthly over 25 years at 3.7%
AED 3,756

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