1-bed · 814 sqftThe Polo Residences A3, Meydan City · 2nd floor · completed 2017

201, The Polo Residences A3

Sold prices and rental history: sold once, by the developer in October 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 955K18 October 2014
Current rentAED 58K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, The Polo Residences A3

What is 201 worth today?

Last sold for AED 954,794 in 2014

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1 Mar 2023RentedRenewal
AED 58,000/yr12 months · AED 71 per sqft
1 Mar 2022RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
18 Oct 2014Sold by developerOff-plan
AED 954,794AED 1,173 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
2nd of 4
Parking
G-21
Developer
IGO Property Development
Completed
2017
Service charge
AED 13,300 /yr
Last sold
AED 955K · October 2014

About 201, The Polo Residences A3

201 is a one-bedroom apartment of 814 sqft on the 2nd floor of The Polo Residences A3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 18 October 2014 for AED 954,794, or AED 1,173 per sqft, in line with the AED 1,163 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 58,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 13,300 a year.

Sales and rents for 201 over time

Rents
Unit 201, each contractTypical one-bed in The Polo Residences A3
60K70K20222023202420252026Typical rent by year: 2022 AED 55,000; 2023 AED 63,250; 2024 AED 62,500; 2025 AED 69,125New contract, March 2022: AED 55,000 a yearRenewal, March 2023: AED 58,000 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 A3, and where 201 sits

All 15 1-beds →

201 last sold in October 2014 at AED 1,173 per sqft, in line with what one-beds in The Polo Residences A3 were fetching at the time (AED 1,163).

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2014954,794
19 Oct 2014958,512
19 Oct 2014954,576
19 Oct 2014954,576
0 1-bed sales in the last 12 months

The Polo Residences A3

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 107K /yr
Typical yield
The Polo Residences A3, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 30 units in The Polo Residences A3
Value
2022-bedAED 1.82M · Oct 2014
2032-bedAED 1.82M · Oct 2014
2041-bedAED 959K · Oct 2014
2051-bedAED 955K · Oct 2014
2061-bedAED 955K · Oct 2014
2072-bedAED 1.82M · Oct 2014
2082-bedAED 1.82M · Oct 2014
1–7 of 8

201, The Polo Residences A3 in numbers

  • Sold once: by IGO Property Development on 18 October 2014 for AED 954,794, or AED 1,173 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 55,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 13,300 a year (AED 16.40 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2023.

Questions about 201, The Polo Residences A3

What did unit 201 last sell for?

AED 954,794 on 18 October 2014, sold by the developer: AED 1,173 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 58,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 55,000.

How big is unit 201?

814 sqft (75.6 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 201 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 201, The Polo Residences A3

Starts from the last sale price (AED 955K, 18 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 954,794
Deposit, UAE resident (20%)
AED 190,959
Deposit, non-resident (40%)
AED 381,918
Monthly over 25 years at 3.7%
AED 3,906

Plus AED 45,112 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →