1-bed · 814 sqftThe Polo Residences D3, Meydan City · 2nd floor · completed 2017

209, The Polo Residences D3

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 10 March 2022
Last soldAED 1.15M10 January 2015
Current rentAED 50K /yr10 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, The Polo Residences D3

What is 209 worth today?

Last sold for AED 1,147,589 in 2015

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10 Mar 2022RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
10 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
1 Jul 2019RentedNew contract
AED 68,000/yr12 months · AED 84 per sqft
1 Jul 2018RentedNew contract
AED 68,000/yr12 months · AED 83 per sqft
1 Jul 2017RentedNew contract
AED 68,000/yr12 months · AED 83 per sqft
10 Jan 2015Sold by developerOff-plan
AED 1,147,589AED 1,410 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2022.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
2nd of 4
Parking
G-32
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,000 /yr
Last sold
AED 1.15M · January 2015

About 209, The Polo Residences D3

209 is a one-bedroom apartment of 814 sqft on the 2nd floor of The Polo Residences D3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 10 January 2015 for AED 1,147,589, or AED 1,410 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 10 March 2022, is AED 50,000 a year: a gross yield of 4.4% on the 2015 price, before the service charge of about AED 12,000 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in The Polo Residences D3
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,147,589; 2016 AED 931,671; 2017 AED 957,000; 2023 AED 930,000Sold by developer, January 2015: AED 1,147,589 (AED 1,410 per sqft)

209 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 209, each contractTypical one-bed in The Polo Residences D3
40K60K80K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 65,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 46,000; 2022 AED 52,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 72,500New contract, July 2017: AED 68,000 a yearNew contract, July 2018: AED 68,000 a yearNew contract, July 2019: AED 68,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, March 2022: AED 50,000 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 D3, and where 209 sits

All 14 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
15 Jul 20251,260,000
12 Jan 2024900,000
14 Aug 20231,100,000
12 Jul 2023930,000
0 1-bed sales in the last 12 months

The Polo Residences D3

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 170K /yr
Typical yield
The Polo Residences D3, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 30 units in The Polo Residences D3
Value
2011-bedAED 930K · Jul 2023
2022-bedAED 1.83M · Jul 2017
2032-bedAED 1.55M · Sep 2021
2041-bedAED 1.1M · Aug 2023
2051-bedAED 820K · Mar 2019
2061-bedAED 1.15M · Dec 2014
2072-bedAED 1.6M · Jan 2017
1–7 of 8

209, The Polo Residences D3 in numbers

  • Sold once: by IGO Property Development on 10 January 2015 for AED 1,147,589, or AED 1,410 per sqft.
  • Rented since July 2017 on 5 Ejari contracts. The rent fell from AED 68,000 to AED 45,000 in 2021 and recovered to AED 50,000 by March 2022.
  • At AED 50,000 a year the gross yield on the 2015 price is 4.4%, before a service charge of about AED 12,000 a year (AED 14.69 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2022.

Questions about 209, The Polo Residences D3

What did unit 209 last sell for?

AED 1,147,589 on 10 January 2015, sold by the developer: AED 1,410 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 50,000 a year on the contract renewed on 10 March 2022. The previous contract, from March 2021, was AED 45,000; the unit has been rented since July 2017.

How big is unit 209?

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

What is unit 209 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 209, The Polo Residences D3

Starts from the last sale price (AED 1.15M, 10 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,147,589
Deposit, UAE resident (20%)
AED 229,518
Deposit, non-resident (40%)
AED 459,036
Monthly over 25 years at 3.7%
AED 4,695

Plus AED 53,209 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →