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

208, The Polo Residences D5

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

Unit 208 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 1.95M1 November 2024
Current rentAED 114K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, The Polo Residences D5

What is 208 worth today?

Last sold for AED 1,950,000 in 2024

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18 Nov 2024RentedNew contract
AED 114,108/yr12 months · AED 74 per sqft
1 Nov 2024SoldReady
AED 1,950,000AED 1,270 per sqft
18 Nov 2023RentedRenewal
AED 99,225/yr12 months · AED 65 per sqft
18 Nov 2022RentedRenewal
AED 94,500/yr12 months · AED 62 per sqft
18 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
7 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
1 Jun 2019RentedNew contract
AED 100,000/yr24 months · AED 65 per sqft
1 Jun 2018RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-10
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,800 /yr
Last sold
AED 1.95M · November 2024

About 208, The Polo Residences D5

208 is a two-bedroom apartment of 1,535 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 1 November 2024 for AED 1,950,000, or AED 1,270 per sqft, 5% below the AED 1,339 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 18 November 2024, is AED 114,108 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 21,800 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, March 2016: AED 1,904,125 (AED 1,240 per sqft)Sold, November 2024: AED 1,950,000 (AED 1,270 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in The Polo Residences D5
80K100K120K2017202020232026Typical 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 2018: AED 100,000 a yearNew contract, June 2019: AED 100,000 a yearNew contract, August 2021: AED 85,000 a yearNew contract, November 2021: AED 90,000 a yearRenewal, November 2022: AED 94,500 a yearRenewal, November 2023: AED 99,225 a yearNew contract, November 2024: AED 114,108 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 208 sits

All 12 2-beds →

208 last sold in November 2024 at AED 1,270 per sqft, 5% below what two-beds in The Polo Residences D5 were fetching at the time (AED 1,339).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20253,200,000
10 Sep 20242,000,000
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
2072-bedAED 2M · Sep 2024
1–7 of 8

208, The Polo Residences D5 in numbers

  • Sold twice: first on 9 March 2016 for AED 1,904,125, last on 1 November 2024 for AED 1,950,000 (AED 1,270 per sqft).
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 85,000 in 2021 and recovered to AED 114,108 by November 2024.
  • At AED 114,108 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 21,800 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 18 November 2024.

Questions about 208, The Polo Residences D5

What did unit 208 last sell for?

AED 1,950,000 on 1 November 2024: AED 1,270 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,904,125 in March 2016.

What is the rent for unit 208?

AED 114,108 a year on the contract signed on 18 November 2024. The previous contract, from November 2023, was AED 99,225; the unit has been rented since June 2018.

How big is unit 208?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 208 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 208, The Polo Residences D5

Starts from the last sale price (AED 1.95M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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