106, The Polo Residences E1
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 106, The Polo Residences E1
What is 106 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,554 sqft
- Floor
- 1st of 4
- Parking
- G-20
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2.4M · November 2024
- Building
- The Polo Residences E1
About 106, The Polo Residences E1
106 is a two-bedroom apartment of 1,554 sqft on the 1st floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 28 November 2024 for AED 2,400,000, or AED 1,543 per sqft, 7% above the AED 1,447 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 11 February 2024, is AED 99,749 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 25,900 a year.
Sales and rents for 106 over time
106 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Polo Residences E1, and where 106 sits
All 16 2-beds →106 last sold in November 2024 at AED 1,543 per sqft, 7% above what two-beds in The Polo Residences E1 were fetching at the time (AED 1,447). Over the last 12 months two-beds sold for AED 3,020,000, around AED 1,280 per sqft, and rent for AED 130,000 to 170,000 a year. 106's AED 99,749 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 2,359 sqft | 3,020,000 | 1,280 | ||
| 16 Jun 202516 June 2025 | 1,554 sqft | 2,582,317 | 1,661 | ||
| 24 Mar 202524 March 2025 | 1,570 sqft | 2,400,000 | 1,528 | ||
| 13 Nov 202413 November 2024 | 2,166 sqft | 2,800,000 | 1,292 |
The Polo Residences E1
Building31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,499
- Typical sale
- AED 2.29M
- Typical rent
- AED 84K /yr
- Typical yield
- 6.2%
Other units on the 1st floor
All 31 units in The Polo Residences E1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,570 sqft | AED 1.46MAED 1,457,251 · Apr 2016April 2016 | 140,000 /yr | |
| 102 | 1-bed | 461 sqft | AED 1.2MAED 1,196,200 · Nov 2014November 2014 | 78,000 /yr | |
| 103 | 2-bed | 1,525 sqft | AED 1.87MAED 1,870,000 · Sep 2023September 2023 | 80,000 /yr | |
| 104 | 1-bed | 803 sqft | AED 1.05MAED 1,046,417 · Jan 2018January 2018 | 80,000 /yr | |
| 105 | 1-bed | 800 sqft | AED 787KAED 787,000 · Nov 2018November 2018 | 87,000 /yr | |
| 107 | 1-bed | 902 sqft | AED 1.55MAED 1,550,000 · Feb 2025February 2025 | 96,000 /yr | |
| 108 | 2-bed | 1,555 sqft | AED 2.1MAED 2,100,000 · Feb 2024February 2024 | 100,000 /yr | |
| 109 | 1-bed | 888 sqft | AED 513KAED 512,500 · Apr 2023April 2023 | 63,800 /yr |
106, The Polo Residences E1 in numbers
- Sold twice: first on 28 October 2014 for AED 1,639,375, last on 28 November 2024 for AED 2,400,000 (AED 1,543 per sqft).
- Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2021 and recovered to AED 99,749 by February 2024.
- At AED 99,749 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 25,900 a year (AED 16.63 per sqft).
- Two-beds in The Polo Residences E1 sold for AED 3,020,000–3,020,000 in the 12 months to November 2026; the building's median across all types is AED 1,499 per sqft.
Source: Dubai Land Department. Updated 28 November 2024.
Questions about 106, The Polo Residences E1
What did unit 106 last sell for?
AED 2,400,000 on 28 November 2024: AED 1,543 per sqft for 1,554 sqft. The unit has 2 registered sales; the first was AED 1,639,375 in October 2014.
What is the rent for unit 106?
AED 99,749 a year on the contract renewed on 11 February 2024. The previous contract, from February 2023, was AED 95,000; the unit has been rented since October 2017.
How big is unit 106?
1,554 sqft (144.4 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.
What is unit 106 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Polo Residences E1 sold for AED 3,020,000 to 3,020,000 in the last 12 months, around AED 1,280 per sqft.
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Mortgage on 106, The Polo Residences E1
Starts from the last sale price (AED 2.4M, 28 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →