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2-bed · 1,534 sqftThe Polo Residences D5, Meydan City · 2nd floor · completed 2017

203, The Polo Residences D5

Sold prices and rental history: sold twice, last in August 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 1.35M17 August 2021
Current rentAED 145K /yr28 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, The Polo Residences D5

What is 203 worth today?

Last sold for AED 1,350,000 in 2021

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28 Dec 2023RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
16 Dec 2022RentedNew contract
AED 122,500/yr12 months · AED 80 per sqft
17 Aug 2021SoldReady
AED 1,350,000AED 880 per sqft
1 Aug 2020RentedNew contract
AED 85,000/yr13 months · AED 55 per sqft
30 Jun 2019RentedNew contract
AED 92,000/yr12 months · AED 60 per sqft
18 Apr 2016Sold by developerOff-plan
AED 1,872,700AED 1,220 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
2nd of 4
Parking
G-12
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,800 /yr
Last sold
AED 1.35M · August 2021
Building
The Polo Residences D5

About 203, The Polo Residences D5

203 is a two-bedroom apartment of 1,534 sqft on the 2nd floor of The Polo Residences D5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 17 August 2021 for AED 1,350,000, or AED 880 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 28 December 2023, is AED 145,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 21,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, April 2016: AED 1,872,700 (AED 1,220 per sqft)Sold, August 2021: AED 1,350,000 (AED 880 per sqft)

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

Rents
Unit 203, 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, June 2019: AED 92,000 a yearNew contract, August 2020: AED 85,000 a yearNew contract, December 2022: AED 122,500 a yearNew contract, December 2023: AED 145,000 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 203 sits

All 12 2-beds →
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 2nd floor

All 30 units in The Polo Residences D5
Value
2011-bedAED 650K · Nov 2020
2022-bedAED 3.2M · Oct 2025
2041-bedAED 1.03M · Nov 2016
2051-bedAED 650K · Jun 2021
2061-bedAED 930K · Jul 2023
2072-bedAED 2M · Sep 2024
2082-bedAED 1.95M · Nov 2024
1–7 of 8

203, The Polo Residences D5 in numbers

  • Sold twice: first on 18 April 2016 for AED 1,872,700, last on 17 August 2021 for AED 1,350,000 (AED 880 per sqft).
  • Rented since June 2019 on 4 Ejari contracts, from AED 92,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 21,800 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 28 December 2023.

Questions about 203, The Polo Residences D5

What did unit 203 last sell for?

AED 1,350,000 on 17 August 2021: AED 880 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,872,700 in April 2016.

What is the rent for unit 203?

AED 145,000 a year on the contract signed on 28 December 2023. The previous contract, from December 2022, was AED 122,500; the unit has been rented since June 2019.

How big is unit 203?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 203 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 203, The Polo Residences D5

Starts from the last sale price (AED 1.35M, 17 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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