2-bed · 1,493 sqftThe Polo Residences D3, Meydan City · 2nd floor · completed 2017

207, The Polo Residences D3

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 23 August 2023
Last soldAED 1.6M18 January 2017
Current rentAED 121K /yr23 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, The Polo Residences D3

What is 207 worth today?

Last sold for AED 1,600,000 in 2017

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23 Aug 2023RentedRenewal
AED 120,750/yr12 months · AED 81 per sqft
23 Aug 2022RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
1 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
5 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
18 Jan 2017SoldOff-plan
AED 1,600,000AED 1,071 per sqft
23 Dec 2014Sold by developerOff-plan
AED 2,023,655AED 1,355 per sqft

Source: Dubai Land Department. Updated 23 August 2023.

Key facts

Type
2-bed apartment
Size
1,493 sqft
Floor
2nd of 4
Parking
G-11
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,900 /yr
Last sold
AED 1.6M · January 2017

About 207, The Polo Residences D3

207 is a two-bedroom apartment of 1,493 sqft on the 2nd floor of The Polo Residences D3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 18 January 2017 for AED 1,600,000, or AED 1,071 per sqft, 10% below the AED 1,192 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 23 August 2023, is AED 120,750 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 21,900 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in The Polo Residences D3
1.6M1.8M2M2014201720202023Typical sale price by year: 2017 AED 1,737,250; 2023 AED 1,700,000Sold by developer, December 2014: AED 2,023,655 (AED 1,355 per sqft)Sold, January 2017: AED 1,600,000 (AED 1,071 per sqft)

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

Rents
Unit 207, each contractTypical two-bed in The Polo Residences D3
100K125K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 105,000; 2020 AED 85,000; 2021 AED 91,000; 2022 AED 98,500; 2023 AED 120,000; 2024 AED 126,400; 2025 AED 132,000New contract, August 2018: AED 90,000 a yearNew contract, September 2021: AED 95,000 a yearNew contract, August 2022: AED 115,000 a yearRenewal, August 2023: AED 120,750 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 D3, and where 207 sits

All 12 2-beds →

207 last sold in January 2017 at AED 1,071 per sqft, 10% below what two-beds in The Polo Residences D3 were fetching at the time (AED 1,192). 207's AED 120,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Nov 20242,260,000
31 Oct 20232,050,000
26 Sep 20231,830,000
21 Aug 20231,400,000
0 2-bed sales in the last 12 months

The Polo Residences D3

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 80K /yr
Typical yield
The Polo Residences D3, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 30 units in The Polo Residences D3
Value
2011-bedAED 930K · Jul 2023
2022-bedAED 1.83M · Jul 2017
2032-bedAED 1.55M · Sep 2021
2041-bedAED 1.1M · Aug 2023
2051-bedAED 820K · Mar 2019
2061-bedAED 1.15M · Dec 2014
2082-bedAED 1.85M · Mar 2017
1–7 of 8

207, The Polo Residences D3 in numbers

  • Sold twice: first on 23 December 2014 for AED 2,023,655, last on 18 January 2017 for AED 1,600,000 (AED 1,071 per sqft).
  • Rented since August 2018 on 4 Ejari contracts, from AED 90,000 to AED 120,750 a year.
  • At AED 120,750 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 21,900 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 23 August 2023.

Questions about 207, The Polo Residences D3

What did unit 207 last sell for?

AED 1,600,000 on 18 January 2017: AED 1,071 per sqft for 1,493 sqft. The unit has 2 registered sales; the first was AED 2,023,655 in December 2014.

What is the rent for unit 207?

AED 120,750 a year on the contract renewed on 23 August 2023. The previous contract, from August 2022, was AED 115,000; the unit has been rented since August 2018.

How big is unit 207?

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 207 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 207, The Polo Residences D3

Starts from the last sale price (AED 1.6M, 18 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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