The Polo Residence
About the project
(sq. ft.)
The Polo Residence is a gated residential development located in Meydan, Dubai. The project was developed by IGO Property Development and was commissioned in 2018.
There are 29 five-storey residential buildings. Properties include one- to four-bedroom apartments and penthouses. Apartments offer beautiful views of landscaped gardens, the Palace, Burj Khalifa, and Palm Jumeirah.
Residential units have kitchens, built-in wardrobes, marble countertops, living rooms, balconies, panoramic windows, and ensuite bathrooms. Some units also have walk-in wardrobes and staff accommodations.
The complex offers a variety of amenities and services, including:
- Parking with allocated spaces
- 24-hour security services
- Key-card entry
- Round-the-clock maintenance services
- Sauna and steam bath
- Swimming pool
- Spa
- Gym
- Children’s playground
- Cycling paths
- Landscaped gardens
- 24-hour concierge services
Apartments range in size from 814 sq. ft. to 4,958 sq. ft. and range in price from AED 820,000 (USD 223,000) to AED 5,305,000 (USD 1,444,000).
*The price is valid for 2021
Property Information
- Location Meydan City, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-4BR Apartments, Penthouses
- Area from 814 sq. ft.
- Total Amount of Units 29
Location
The area does not have any public transportation stops, so residents travel by personal vehicles and cabs. Dubai International Airport is located within a 20-minute drive, and Al Maktoum International Airport can be reached within a 40-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
- Dubai Mall
- Supermarkets Fair Mart, Al Ain Way, and Carrefour
- Wingstop, Taipei Dao Restaurant, and Wok of Fame
- Hartland International School, North London Collegiate School Dubai, and Clarion School
- Emirates Hospital
- Nad Al Sheba 1 Mosque
- Nad Al Sheba Main Stadium
- Falcon Museum
- The Track Golf Club
The complex is also located within a five- to 20-minute drive of several popular attractions, including:
- Palm Jumeirah, a palm-shaped island with many luxury hotels and resorts
- Burj Khalifa, the world’s tallest building that is visited by millions of tourists each year
- Meydan Racecourse, a facility used for racing competitions, conferences, and business meetings
Return on investment
Meydan City offers residents a luxurious lifestyle and premium accommodations. As a result, units are in demand among tenants and investors. Properties have a consistently high return on investment rate of 6%.
Annual rental rates range from AED 55,000 (USD 15,000) to AED 140,000 (USD 38,000), and units have an estimated payback period that ranges from 17 to 20 years.
*The price is valid for 2021
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Internet City, Dubai, UAE
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