Meydan Avenue
The Polo Residence
ذا بولو رزيدينسIGO PROPERTY DEVELOPMENT L.L.C - FZ · Selling since 2013 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 872 units · 29 buildings · DLD target completion June 2017
Registered developer: IGO PROPERTY DEVELOPMENT L.L.C - FZ (DLD no. 992)
Escrow account with Emirates NBD · Zoned by Dubai Municipality
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Filed service charge, by cluster
This project filed 29 separate residential budgets for 2023. You pay the one your home sits in, not the average of them.
| Cluster or tower, as filed | AED per sqft |
|---|---|
| The Polo Residence - E5 | 18.0 |
| The Polo Residence - C3 | 17.0 |
| The Polo Residence - B1 | 17.0 |
| The Polo Residence - E2 | 17.0 |
| The Polo Residence - A3 | 16.0 |
| The Polo Residence - D1 | 16.0 |
| The Polo Residence - A1 | 16.0 |
| The Polo Residence - C2 | 16.0 |
| The Polo Residence - C8 | 16.0 |
| The Polo Residence - E1 | 16.0 |
| The Polo Residence - C5 | 16.0 |
| The Polo Residence - A2 | 16.0 |
17 further budgets were filed for 2023, ranging from AED 14.0 to AED 18.0 per sqft.
Filed with the Land Department for 2023, the newest year its owners-association file covers. Charges have risen since, and a budget is not a bill. Which cluster a specific home belongs to is not in the register, so match the name against your own paperwork before relying on a figure.
Median per sqft
AED 1,760/sqft
3yr CAGR · resales
+16.4%
Resale record
111 months
Registered resales here span 111 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in The Polo Residence — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in The Polo Residence over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in The Polo Residence itself; the rest are homes of the same size in Meydan Avenue, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 1.19M | AED 80,000/yrsame size in Meydan Avenue | 6.7% | 55 |
| 2 beds | AED 2.52M | AED 140,000/yrsame size in Meydan Avenue | 5.5% | 49 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 7.8% instead of 6.7%, because it prices the home at AED 1.02M — the median across every sale on record — rather than the AED 1.19M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 16/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 13,128 | AED 66,872 | 6.7% | 5.6% |
| 2 beds | AED 24,554 | AED 115,446 | 5.5% | 4.6% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about The Polo Residence
How much does a home in The Polo Residence cost?
Over the last twelve months a completed 1-bedroom in The Polo Residence sold for a median AED 1.19M (55 ready sales), a 2-bedroom for AED 2.52M (49 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in The Polo Residence?
A 1-bedroom rents for a median AED 80,000/yr (homes of about that size in Meydan Avenue, 280 new tenancies), a 2-bedroom rents for a median AED 140,000/yr (homes of about that size in Meydan Avenue, 205 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match The Polo Residence, so every figure above is the rent for homes of that size in Meydan Avenue — the area's rent, not this project's own.
What rental yield does The Polo Residence give?
Gross yields on completed homes in The Polo Residence run about 6.7% on a 1-bedroom, 5.5% on a 2-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is The Polo Residence selling off-plan or as resales?
0% of the 114 sales registered in The Polo Residence in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did The Polo Residence start selling?
The Land Department's register holds 1,556 sales in The Polo Residence, the earliest registered in 2013. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Meydan Avenue median
-47.8%
Priced at or below the area's real median.
Developer track record
1,794 real transactions
2 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
Low competitionWhen The Polo Residence completed in June 2017, 0 other other projects in Meydan Avenue were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 10 more other projects in Meydan Avenue are still in the pipeline overall.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest school
2.3 km
Hartland International School
Nearest supermarket
547 m
Grand Fresh
Schools
- Hartland International School2.3 km
- North London Collegiate School2.4 km
Supermarkets
- Grand Fresh547 m
- Fair Mart771 m
- Spinneys826 m
- allday2.3 km
Bus stops
- Clayton Residency 12.9 km
- Clayton Residency 22.9 km
- Fairview Residency 12.9 km
Parks
- Polo Residence Park826 m
- The Square2.3 km
- Al Quoz Pond Park2.9 km
- Nad Al Sheba Park2.9 km
Mosques
- مسجد خديجة الكبرى2.7 km
- Masjid Khadija Al Kubra2.7 km
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Meydan Avenue — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
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Buildings in this project
Priced from each tower’s own registered sales, rather than the project median above.
The Polo Residence - A3 90The Polo Residence - C3 70The Polo Residence - A4 69The Polo Residence - C2 68The Polo Residence - C6 68The Polo Residence - C9 66The Polo Residence - C5 65The Polo Residence - D2 64The Polo Residence - A2 63The Polo Residence - E1 62The Polo Residence - E2 62The Polo Residence - D5 60The Polo Residence - E3 59The Polo Residence - A1 58The Polo Residence - C7 58The Polo Residence - C4 57The Polo Residence - E4 55The Polo Residence - E5 55The Polo Residence - D1 51The Polo Residence - B5 49The Polo Residence - D3 49The Polo Residence - B4 48The Polo Residence - D4 43The Polo Residence - B2 42The Polo Residence - B3 42The Polo Residence - C1 31The Polo Residence - D6 31The Polo Residence - B1 26
Other projects in Meydan Avenue
Nad Al Sheba Gardens Phase 11
Unknown developer
AED 3,140/sqft
Sukoon By Nuri
NURI REAL ESTATE DEVELOPMENT L.L.C
AED 1,898/sqft
Nad Al Sheba Gardens Phase 6
Nas Estates L.L.C
AED 2,422/sqft
Emerge Residences
N A A S REAL ESTATE DEVELOPMENT L.L.C
AED 2,216/sqft
Nad Al Sheba Gardens Phase 3
Al Qudra Estates L.L.C
AED 1,924/sqft
Buying in The Polo Residence?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample