PropertyIndex

The Polo Residence

Completed · Q2 2017|871 units · 29 buildings

Alerts: Get notified of every new DLD-registered sale and rental contract.

The Polo Residence is a completed apartment development by IGO PROPERTY DEVELOPMENT L.L.C - FZ in Meydan Racecourse Community, Nad Al Shiba First, comprising 871 registered units. 1,523 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,503 per sqft. At AED 1,503 per sqft, The Polo Residence prices 27% below the Meydan Racecourse Community average of AED 2,070 per sqft on registered sales.

PIX© price · 0.0% YoY
2.24MAED
Typical
1,503AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
1,523
DLD · all time
Rent contracts
4,632
Ejari · all time
The Polo Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
775 – 4,858 sqft
8712.24M1,5030.0%113K5.0%
1 Bed · Apartment
775 – 982 sqft
420
2 Bed · Apartment
1,389 – 3,000 sqft
404
3 Bed · Apartment
1,938 – 4,858 sqft
44
4 Bed · Apartment
2,786 – 4,854 sqft
3
5 Bed · Villa
Sales — Project-Wide1,523 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower Analysis
last 24 months
All towers · 237 sales
D1 · 9 sales
A3 · 60 sales
A2 · 32 sales
D2 · 34 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
13 Aug 20261 BedE3 · Floor 38211,250,0001,523+30.2%PremiumStandard Sale
15 Jul 20261 BedC4 · Floor 28211,180,0001,438+18.0%Entry LevelStandard Sale
8 Jul 20262 BedA2 · Floor 42,2203,050,0001,374+30.6%Entry LevelStandard Sale
Rentals — Project-Wide4,632 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 821 rentals
Floors 1-3 · 765 rentals
Floor 4 · 56 rentals
C7 · 24 rentals
Floors 1-3 · 23 rentals
Floor 4
C9 · 22 rentals
Floors 1-3 · 22 rentals
Floor 4
E4 · 24 rentals
Floors 1-3 · 23 rentals
Floor 4
C1 · 16 rentals
Floors 1-3 · 11 rentals
Floor 4
A1 · 21 rentals
Floors 1-3 · 21 rentals
Floor 4
E3 · 31 rentals
Floors 1-3 · 28 rentals
Floor 4
A3 · 47 rentals
Floors 1-3 · 44 rentals
Floor 4
D6 · 60 rentals
Floors 1-3 · 52 rentals
Floor 4 · 8 rentals
A4 · 27 rentals
Floors 1-3 · 25 rentals
Floor 4
D1 · 21 rentals
Floors 1-3 · 19 rentals
Floor 4
B5 · 31 rentals
Floors 1-3 · 29 rentals
Floor 4
D2 · 36 rentals
Floors 1-3 · 33 rentals
Floor 4
E1 · 22 rentals
Floors 1-3 · 22 rentals
Floor 4
C6 · 20 rentals
Floors 1-3 · 20 rentals
Floor 4
A2 · 36 rentals
Floors 1-3 · 35 rentals
Floor 4
C2 · 42 rentals
Floors 1-3 · 38 rentals
Floor 4
C3 · 20 rentals
Floors 1-3 · 18 rentals
Floor 4
E5 · 15 rentals
Floors 1-3 · 15 rentals
Floor 4
E2 · 33 rentals
Floors 1-3 · 30 rentals
Floor 4
D5 · 31 rentals
Floors 1-3 · 29 rentals
Floor 4
C5 · 22 rentals
Floors 1-3 · 22 rentals
Floor 4
C8 · 30 rentals
Floors 1-3 · 25 rentals
Floor 4
D3 · 29 rentals
Floors 1-3 · 28 rentals
Floor 4
D4 · 25 rentals
Floors 1-3 · 23 rentals
Floor 4
B2 · 37 rentals
Floors 1-3 · 35 rentals
Floor 4
C4 · 29 rentals
Floors 1-3 · 29 rentals
Floor 4
B3 · 28 rentals
Floors 1-3 · 25 rentals
Floor 4
B4 · 37 rentals
Floors 1-3 · 36 rentals
Floor 4
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20262 Bed1,535145,00094Standardnew
27 Aug 20261 Bed81485,000104Standardrenewal
22 Aug 20262 Bed1,493166,154111Premiumrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Meydan Racecourse Community

The closest-priced registered projects in Meydan Racecourse Community.

Common questions about The Polo Residence

Answered from Dubai Land Department registered transactions.

How much does a property in The Polo Residence cost?

Property in The Polo Residence sells at a current PIX© price of AED 1,503 per sqft, or about AED 2,238,271 for a typical unit, based on 1,523 sales registered with the Dubai Land Department.

Is The Polo Residence completed?

Yes. The Polo Residence is recorded as completed in the Dubai Land Department project register (completed q2 2017).

Who is the developer of The Polo Residence?

The Polo Residence is developed by IGO PROPERTY DEVELOPMENT L.L.C - FZ, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Polo Residence?

The Polo Residence yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 4,632 registered Ejari contracts.

How many units are in The Polo Residence?

The Polo Residence holds 871 registered units, per the Dubai Land Department unit register.

Have prices in The Polo Residence gone up or down?

Price per sqft has held flat over the last 12 months at AED 1,503, across 1,523 registered sales.