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Polo Residence, Meydan City

Polo Residence, Meydan City

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Meydan City, Dubai

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Strengths

Luxury Amenities

Prime Location

Spacious Design

Weakens

High Maintenance Fees

Limited Public Transportation

Construction Noise

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Buildign Overview

Summary

  • Polo Residence is a prestigious development located in the vibrant Meydan City, known for its luxurious lifestyle and modern conveniences.
  • The building features easy access to major roads, paving the way for convenient commuting options within Dubai.
  • Nearby facilities include the iconic Meydan Racecourse, various dining options, and retail outlets, enhancing the living experience.
  • Compared to other developments in Meydan City, Polo Residence stands out for its spacious layouts and high-end finishes.

Properties Overview

  • The building offers a variety of residential units ranging from one to three-bedroom apartments.
  • Prices for rental units typically start from AED 75,000 annually, while purchasing prices range from AED 1.2 million to AED 3 million depending on the size and layout.
  • The most sought-after units feature stunning views of the racecourse and expansive open plans.

Market Trends

  • Over the past year, rental prices in Polo Residence have shown a steady increase of approximately 5%, making it a favorable option for investors.
  • Sales prices have also seen an uptrend, indicating a strong demand for properties in this area, with an expected ROI of around 7%.
  • Looking ahead, demand for residential properties in Meydan City is anticipated to grow as the area continues to develop and attract new residents.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to reputable schools, including international and local options.
  • Healthcare facilities are easily accessible, with clinics and hospitals within a short drive, offering quality medical services.

Transportation and Accessibility

  • The location offers good connectivity to public transport systems including taxis and buses.
  • Parking spaces within the building are ample, catering to residents and their guests.

Lifestyle Amenities

  • Polo Residence features luxurious amenities such as swimming pools, state-of-the-art gyms, and community recreational areas.
  • A selection of fine dining restaurants and leisure activities, including parks and outdoor spaces, are also nearby.

Builing Facilities

  • The building includes modern elevators, 24/7 security, and centralized air conditioning to enhance comfort and safety.
  • Maintenance services are readily available to address any issues promptly.

Special Services

  • Residents enjoy additional conveniences such as concierge services, guest assistance, and business center facilities for work-related needs.
  • Unique amenities that enhance the lifestyle include lounges, landscaped gardens, and children's play areas.

Planning Your Move or Investment

Floor Plans and Property Types

  • The development caters to various needs with its diverse floor plans, ideal for individuals, couples, and families.
  • Configurations include open-plan kitchens, spacious living areas, and private balconies.

Things to Consider

  • Consider factors such as proximity to work, educational institutions, and amenities when selecting a property.
  • Ensure to review community regulations, service charges, and the maintenance history of the building.

Useful FAQs and Support

Events and Building Life

Building Events

  • Polo Residence hosts regular community events, promoting networking and social interaction among residents.
  • Activities may include seasonal celebrations, fitness classes, and holiday gatherings.

Community Identity

  • Polo Residence is distinguished by its equestrian-themed decor and community spirit, reflecting the iconic spirit of Meydan.
  • The building's architecture and landscaping contribute to a serene and luxurious ambiance, making it a desirable place to live.

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Detailed Buiding Insights

1. Family Friendliness

Polo Residence offers spacious layouts and recreational spaces that are ideal for families, along with nearby schools and parks.

Exceptionally Welcoming

2. Living Options

The community features a variety of living options, including modern apartments and villas, catering to different preferences and budgets.

Broadly Diverse

3. Safety And Security

Polo Residence is equipped with 24/7 security services, CCTV surveillance, and controlled access points, ensuring a high level of safety for all residents.

Remarkably Secure

4. Transportation

While the area offers decent connectivity through public transport and road networks, enhancements in accessibility could further benefit residents.

Moderately Convenient

5. Amenities And Facilities

The community boasts a variety of amenities including pools, gyms, and landscaped gardens, providing a luxurious lifestyle for its residents.

Richly Equipped

6. Cost Of Living

While rent prices are slightly above the city average, the quality of life and amenities provided make it a worthwhile investment.

Relatively Balanced

7. Things To Do

Residents have access to numerous entertainment options, including cafes, restaurants, and cultural activities, ensuring there is always something to do.

Vibrantly Diverse

8. Noise Levels

The community is well-planned with ample green spaces, resulting in a tranquil atmosphere away from the hustle of city life.

Generally Peaceful

9. Pet Friendliness

Many residents own pets, and the community provides pet-friendly spaces and policies, making it an ideal choice for pet lovers.

Warmly Accommodating

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Key Information

Developer: Meydan Group

Building Type: Residential

Building Age: (Date of completion: 2016 – 2018)

Unit Types : 1, 2, 3 and 4-bedroom apartments

Floors: 5 in each building

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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