2-bed · 1,493 sqftThe Polo Residences D5, Meydan City · 2nd floor · completed 2017

207, The Polo Residences D5

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

Unit 207 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 2M10 September 2024
Current rentAED 100K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, The Polo Residences D5

What is 207 worth today?

Last sold for AED 2,000,000 in 2024

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10 Sep 2024SoldReady
AED 2,000,000AED 1,339 per sqft
1 Mar 2024RentedRenewal
AED 100,000/yr12 months · AED 67 per sqft
1 Mar 2023RentedRenewal
AED 92,400/yr12 months · AED 62 per sqft
1 Mar 2022RentedRenewal
AED 88,000/yr12 months · AED 59 per sqft
1 Mar 2021RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
1 Dec 2019RentedRenewal
AED 104,500/yr12 months · AED 70 per sqft
1 Dec 2018RentedRenewal
AED 104,500/yr12 months · AED 70 per sqft
1 Dec 2017RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

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 21,200 /yr
Last sold
AED 2M · September 2024

About 207, The Polo Residences D5

207 is a two-bedroom apartment of 1,493 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 10 September 2024 for AED 2,000,000, or AED 1,339 per sqft, in line with the AED 1,346 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 100,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 21,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in The Polo Residences D5
1.9M2M2015201820212024Typical 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 1,844,267 (AED 1,235 per sqft)Sold, September 2024: AED 2,000,000 (AED 1,339 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 D5
75K100K125K2017202020232026Typical 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, December 2017: AED 110,000 a yearRenewal, December 2018: AED 104,500 a yearRenewal, December 2019: AED 104,500 a yearNew contract, March 2021: AED 80,000 a yearRenewal, March 2022: AED 88,000 a yearRenewal, March 2023: AED 92,400 a yearRenewal, March 2024: AED 100,000 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 207 sits

All 12 2-beds →

207 last sold in September 2024 at AED 1,339 per sqft, in line with what two-beds in The Polo Residences D5 were fetching at the time (AED 1,346).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20253,200,000
1 Nov 20241,950,000
16 May 20242,075,000
15 May 20242,050,000
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
2032-bedAED 1.35M · Aug 2021
2041-bedAED 1.03M · Nov 2016
2051-bedAED 650K · Jun 2021
2061-bedAED 930K · Jul 2023
2082-bedAED 1.95M · Nov 2024
1–7 of 8

207, The Polo Residences D5 in numbers

  • Sold twice: first on 26 July 2015 for AED 1,844,267, last on 10 September 2024 for AED 2,000,000 (AED 1,339 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2021 and recovered to AED 100,000 by March 2024.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 21,200 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 207, The Polo Residences D5

What did unit 207 last sell for?

AED 2,000,000 on 10 September 2024: AED 1,339 per sqft for 1,493 sqft. The unit has 2 registered sales; the first was AED 1,844,267 in July 2015.

What is the rent for unit 207?

AED 100,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 92,400; the unit has been rented since December 2017.

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 D5

Starts from the last sale price (AED 2M, 10 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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