2-bed · 1,535 sqftThe Polo Residences D5, Meydan City · 1st floor · completed 2017

102, The Polo Residences D5

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.13M7 May 2024
Current rentAED 140K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, The Polo Residences D5

What is 102 worth today?

Last sold for AED 2,125,000 in 2024

Unlock today's estimate, updated daily, with

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

1 Jul 2024RentedNew contract
AED 140,000/yr12 months · AED 91 per sqft
7 May 2024SoldReady
AED 2,125,000AED 1,384 per sqft
1 Jul 2018RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
21 Nov 2017SoldReady
AED 1,565,000AED 1,019 per sqft
26 Jul 2015Sold by developerOff-plan
AED 1,856,322AED 1,209 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
1st of 4
Parking
G-17
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,800 /yr
Last sold
AED 2.13M · May 2024

About 102, The Polo Residences D5

102 is a two-bedroom apartment of 1,535 sqft on the 1st floor of The Polo Residences D5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 7 May 2024 for AED 2,125,000, or AED 1,384 per sqft, in line with the AED 1,344 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 July 2024, is AED 140,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 21,800 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in The Polo Residences D5
1.5M2M2015201820212024Typical sale price by year: 2015 AED 1,854,074; 2016 AED 1,882,860; 2017 AED 1,872,700; 2023 AED 2,000,000; 2024 AED 2,025,000Sold by developer, July 2015: AED 1,856,322 (AED 1,209 per sqft)Sold, November 2017: AED 1,565,000 (AED 1,019 per sqft)Sold, May 2024: AED 2,125,000 (AED 1,384 per sqft)

102 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 102, each contractTypical two-bed in The Polo Residences D5
100K150K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 100,000; 2019 AED 96,500; 2020 AED 83,500; 2021 AED 83,000; 2022 AED 92,400; 2023 AED 98,175; 2024 AED 119,139; 2025 AED 126,000New contract, July 2018: AED 100,000 a yearNew contract, July 2024: AED 140,000 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 D5, and where 102 sits

All 12 2-beds →

102 last sold in May 2024 at AED 1,384 per sqft, in line with what two-beds in The Polo Residences D5 were fetching at the time (AED 1,344).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20253,200,000
1 Nov 20241,950,000
10 Sep 20242,000,000
16 May 20242,075,000
0 2-bed sales in the last 12 months

The Polo Residences D5

Building

30 apartments, 1-bed to 3-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 75
Typical sale
AED 62K
Typical rent
AED 75K /yr
Typical yield
118.9%
The Polo Residences D5, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 30 units in The Polo Residences D5
Value
1011-bedAED 1.02M · Nov 2016
1032-bedAED 1.85M · Jul 2015
1041-bedAED 957K · Aug 2015
1051-bedAED 957K · Aug 2015
1061-bedAED 1.02M · Feb 2017
1072-bedAED 2M · Jan 2023
1082-bedAED 2.08M · May 2024
1–7 of 8

102, The Polo Residences D5 in numbers

  • Sold 3 times: first on 26 July 2015 for AED 1,856,322, last on 7 May 2024 for AED 2,125,000 (AED 1,384 per sqft).
  • Rented since July 2018 on 2 Ejari contracts, from AED 100,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 21,800 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 102, The Polo Residences D5

What did unit 102 last sell for?

AED 2,125,000 on 7 May 2024: AED 1,384 per sqft for 1,535 sqft. The unit has 3 registered sales; the first was AED 1,856,322 in July 2015.

What is the rent for unit 102?

AED 140,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2018, was AED 100,000.

How big is unit 102?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 102? 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 102, The Polo Residences D5

Starts from the last sale price (AED 2.13M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

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