2-bed · 1,535 sqftThe Polo Residences D1, Meydan City · 2nd floor · completed 2017

208, The Polo Residences D1

Sold prices and rental history: sold twice, last in July 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 2.15M12 July 2024
Current rentAED 105K /yr8 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, The Polo Residences D1

What is 208 worth today?

Last sold for AED 2,150,000 in 2024

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12 Jul 2024SoldReady
AED 2,150,000AED 1,400 per sqft
8 Aug 2019RentedRenewal
AED 105,000/yr12 months · AED 68 per sqft
8 Jul 2018RentedNew contract
AED 120,000/yr13 months · AED 78 per sqft
8 Jul 2017RentedNew contract
AED 120,000/yr24 months · AED 78 per sqft
29 Oct 2014Sold by developerOff-plan
AED 1,866,370AED 1,216 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-09
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,600 /yr
Last sold
AED 2.15M · July 2024

About 208, The Polo Residences D1

208 is a two-bedroom apartment of 1,535 sqft on the 2nd floor of The Polo Residences D1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 12 July 2024 for AED 2,150,000, or AED 1,400 per sqft, in line with the AED 1,400 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 8 August 2019, is AED 105,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 24,600 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in The Polo Residences D1
1.8M2M2.2M2014201720202023Typical sale price by year: 2014 AED 1,866,370; 2024 AED 2,300,000Sold by developer, October 2014: AED 1,866,370 (AED 1,216 per sqft)Sold, July 2024: AED 2,150,000 (AED 1,400 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in The Polo Residences D1
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 87,500; 2021 AED 85,000; 2022 AED 100,000; 2023 AED 130,000; 2024 AED 175,000; 2025 AED 160,000; 2026 AED 140,000New contract, July 2017: AED 120,000 a yearNew contract, July 2018: AED 120,000 a yearRenewal, August 2019: AED 105,000 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 D1, and where 208 sits

All 16 2-beds →

208 last sold in July 2024 at AED 1,400 per sqft, in line with what two-beds in The Polo Residences D1 were fetching at the time (AED 1,400). 208's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20252,450,000
12 Dec 20243,100,000
14 Nov 20242,400,000
18 Jul 20242,200,000
0 2-bed sales in the last 12 months

The Polo Residences D1

Building

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

Typical price per sqft
AED 1,755
Typical sale
AED 1.55M
Typical rent
AED 128K /yr
Typical yield
5.5%
The Polo Residences D1, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 31 units in The Polo Residences D1
Value
2011-bedAED 1.15M · Jul 2024
2022-bedAED 2.45M · Apr 2025
2032-bedAED 2.1M · May 2024
2041-bedAED 1.35M · Jul 2024
2051-bedAED 1.55M · Jul 2026
2061-bedAED 1.35M · Aug 2024
2072-bedAED 2.15M · May 2024
1–7 of 8

208, The Polo Residences D1 in numbers

  • Sold twice: first on 29 October 2014 for AED 1,866,370, last on 12 July 2024 for AED 2,150,000 (AED 1,400 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 120,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 24,600 a year (AED 16.02 per sqft).

Source: Dubai Land Department. Updated 12 July 2024.

Questions about 208, The Polo Residences D1

What did unit 208 last sell for?

AED 2,150,000 on 12 July 2024: AED 1,400 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,866,370 in October 2014.

What is the rent for unit 208?

AED 105,000 a year on the contract renewed on 8 August 2019. The previous contract, from July 2018, was AED 120,000; the unit has been rented since July 2017.

How big is unit 208?

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 208 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 208, The Polo Residences D1

Starts from the last sale price (AED 2.15M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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