Polo Residence, Meydan
Polo Residence is a gated community of 29 low-rise apartment buildings in Nad Al Sheba 1, Meydan, developed by Invest Group Overseas (IGO), a MAG Group Holding subsidiary. Completed in 2017 and now fully handed over, the community sits directly across from Meydan Hotel and next to Meydan Racecourse, with an active resale and rental market.
Buildings
29 (Blocks A to E, 5 storeys each)
Developer
Invest Group Overseas (IGO)
Completed
2017
Units
~840 (1 to 4-bedroom)
Ownership
Freehold
About Polo Residence
Polo Residence, Meydan is a gated low-rise community developed by Invest Group Overseas (IGO), a subsidiary of MAG Group Holding. The development comprises 29 separate apartment buildings, organised into Blocks A through E, each five storeys tall.
Construction began in October 2014 and the community was handed over in 2017. Today it is a fully completed, actively traded freehold development: public Dubai Land Department records show 50 or more recent sale transactions and hundreds of registered transactions overall since handover, at an average price in the high six figures (AED). Apartments come in one, two, three and a small number of four-bedroom layouts, reportedly totalling around 840 units across the 29 blocks.
Polo Residence, Meydan should not be confused with two other, separate developments that share part of the name: The Polo Townhouses, a related but distinct IGO/MAG Group project also located in Meydan, Dubai, and Polo Homes, Arabian Ranches, an unrelated villa community with a different developer in a different part of Dubai.
Location & Nearby Landmarks
Polo Residence sits in Nad Al Sheba 1, on Meydan Avenue within Meydan City, part of Mohammed Bin Rashid City (MBR City). The community is directly across the street from Meydan Hotel and about a 4-minute drive from Meydan Racecourse. Downtown Dubai and Burj Khalifa are roughly 6 to 15 minutes away by car depending on traffic and route, with Business Bay, DIFC, Dubai Mall, Palm Jumeirah and Dubai International Airport all within a 15 to 20-minute drive.
Polo Residence falls within Royale Stays' wider Meydan and MBR City coverage area, detailed in Airbnb Management in MBR City, Dubai. Nearby, Nad Al Sheba Villas covers the same immediate area for readers comparing villa options alongside Polo Residence's apartments.
Unit Types & Layout
Polo Residence offers one, two, three and a limited number of four-bedroom apartments. One-bedroom units run roughly 814 to 910 square feet, two-bedroom units roughly 1,493 to 2,218 square feet, and three-bedroom units around 2,802 square feet, according to aggregate listing data. Most blocks carry a mix of one, two and three-bedroom layouts, with four-bedroom units limited to a handful of blocks.
Amenities
Shared amenities across the community include multiple swimming pools, a spa, sauna and steam room, a gymnasium, a basketball court and other sports courts, jogging and cycling tracks, a kids' play area, and extensive landscaped gardens. Residents also get 24-hour security with key-card building access, covered parking plus free visitor parking, 24-hour concierge service, and on-site retail and dining options. The community is pet-friendly.
Resale Market & Handover Status
Polo Residence has been fully handed over since 2017 and is an established part of Meydan's secondary market. Dubai Land Department records referenced by property portals show hundreds of registered resale transactions since completion, with an average recorded price above AED 1.8 million and recent one-bedroom resales trading around AED 1,600,000. Anyone buying a unit for rental or short-term-rental use should still confirm current title and service-charge details directly with the developer, the community's owners' association, or a licensed Dubai broker.
Sources disagree slightly on two minor details: one lists the buildings as four storeys rather than the five storeys most sources agree on, and total landscaped site area is reported anywhere from about 900,000 to 1,160,000 square feet depending on the source. Both are treated as approximate rather than exact in this guide.
STR Income Potential
Polo Residence is a completed, titled freehold community with no confirmed short-term-letting prohibition (unlike Vida-branded buildings), and independent listing activity already exists for the building on at least one major short-term booking platform. For an owner, short-term letting in Dubai runs through a DTCM holiday-home permit, arranged either directly or through the community's management once ownership is confirmed.
Royale Stays manages short-term rentals across Dubai, including Meydan and MBR City, for a fee starting from 15%, covering furnishing, photography, pricing, guest communications and maintenance. Owners at Polo Residence can use the Dubai Property ROI Calculator to model potential returns, and can reach out via Royale Stays' Airbnb property management service to discuss management for a titled unit.
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