1-bed · 821 sqftThe Polo Residences D4, Meydan City · 2nd floor · completed 2017

206, The Polo Residences D4

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 2 December 2022
Last soldAED 903K13 March 2018
Current rentAED 57K /yr2 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, The Polo Residences D4

What is 206 worth today?

Last sold for AED 902,583 in 2018

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2 Dec 2022RentedNew contract
AED 57,200/yr12 months · AED 70 per sqft
4 Dec 2021RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
25 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
15 Sep 2018RentedRenewal
AED 76,000/yr6 months · AED 93 per sqft
15 Mar 2018RentedNew contract
AED 76,000/yr6 months · AED 93 per sqft
13 Mar 2018Sold by developerReady
AED 902,583AED 1,099 per sqft

Source: Dubai Land Department. Updated 2 December 2022.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
2nd of 4
Parking
G-29
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 903K · March 2018

About 206, The Polo Residences D4

206 is a one-bedroom apartment of 821 sqft on the 2nd floor of The Polo Residences D4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 13 March 2018 for AED 902,583, or AED 1,099 per sqft, 9% below the AED 1,212 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 2 December 2022, is AED 57,200 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for 206 over time

Rents
Unit 206, each contractTypical one-bed in The Polo Residences D4
40K60K80K2018202120242027Typical rent by year: 2018 AED 68,500; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 46,077; 2022 AED 58,000; 2023 AED 63,500; 2024 AED 69,000; 2025 AED 80,000; 2026 AED 80,000New contract, March 2018: AED 76,000 a yearRenewal, September 2018: AED 76,000 a yearNew contract, November 2019: AED 60,000 a yearNew contract, December 2021: AED 52,000 a yearNew contract, December 2022: AED 57,200 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 D4, and where 206 sits

All 15 1-beds →

206 last sold in March 2018 at AED 1,099 per sqft, 9% below what one-beds in The Polo Residences D4 were fetching at the time (AED 1,212). Over the last 12 months one-beds sold for AED 1,100,000 to 1,200,000, around AED 1,407 per sqft, and rent for AED 70,000 to 90,000 a year. 206's AED 57,200 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Feb 20261,200,000
20 Nov 20251,100,000
24 May 20241,340,000
21 Dec 2022850,000
2 1-bed sales in the last 12 months

The Polo Residences D4

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 4 sold in the last 12 months.

Typical price per sqft
AED 1,568
Typical sale
AED 1.88M
Typical rent
AED 80K /yr
Typical yield
6.2%
The Polo Residences D4, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 30 units in The Polo Residences D4
Value
2011-bedAED 936K · May 2018
2022-bedAED 2.49M · Oct 2025
2032-bedAED 1.54M · Aug 2018
2041-bedAED 1.34M · May 2024
2051-bedAED 900K · Apr 2018
2072-bedAED 2.55M · Sep 2026
2082-bedAED 1.32M · Mar 2020
1–7 of 8

206, The Polo Residences D4 in numbers

  • Sold once: by IGO Property Development on 13 March 2018 for AED 902,583, or AED 1,099 per sqft.
  • Rented since March 2018 on 5 Ejari contracts, from AED 76,000 to AED 57,200 a year.
  • At AED 57,200 a year the gross yield on the 2018 price is 6.3%, before a service charge of about AED 12,600 a year (AED 15.41 per sqft).
  • One-beds in The Polo Residences D4 sold for AED 1,100,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,568 per sqft.

Source: Dubai Land Department. Updated 2 December 2022.

Questions about 206, The Polo Residences D4

What did unit 206 last sell for?

AED 902,583 on 13 March 2018, sold by the developer: AED 1,099 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 57,200 a year on the contract signed on 2 December 2022. The previous contract, from December 2021, was AED 52,000; the unit has been rented since March 2018.

How big is unit 206?

821 sqft (76.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 206 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 D4 sold for AED 1,100,000 to 1,200,000 in the last 12 months, around AED 1,407 per sqft.

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Mortgage on 206, The Polo Residences D4

Starts from the last sale price (AED 903K, 13 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 902,583
Deposit, UAE resident (20%)
AED 180,517
Deposit, non-resident (40%)
AED 361,033
Monthly over 25 years at 3.7%
AED 3,693

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