109, The Polo Residences E1
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 109, The Polo Residences E1
What is 109 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 888 sqft
- Floor
- 1st of 4
- Parking
- G-27
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 513K · April 2023
- Building
- The Polo Residences E1
About 109, The Polo Residences E1
109 is a one-bedroom apartment of 888 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 6 April 2023 for AED 512,500, or AED 577 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 August 2023, is AED 63,800 a year: a gross yield of 12.4% on the 2023 price, before the service charge of about AED 14,800 a year.
Sales and rents for 109 over time
109 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Polo Residences E1, and where 109 sits
All 15 1-beds →Over the last 12 months one-beds sold for AED 1,550,000, around AED 1,718 per sqft, and rent for AED 65,000 to 87,000 a year. 109's AED 63,800 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 902 sqft | 1,550,000 | 1,718 | ||
| 18 Feb 202518 February 2025 | 902 sqft | 1,550,000 | 1,718 | ||
| 31 Mar 202231 March 2022 | 888 sqft | 606,113 | 682 | ||
| 31 Mar 202231 March 2022 | 921 sqft | 700,000 | 759 |
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 | |
| 106 | 2-bed | 1,554 sqft | AED 2.4MAED 2,400,000 · Nov 2024November 2024 | 99,749 /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, The Polo Residences E1 in numbers
- Sold twice: first on 1 November 2014 for AED 988,968, last on 6 April 2023 for AED 512,500 (AED 577 per sqft).
- Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 63,800 by August 2023.
- At AED 63,800 a year the gross yield on the 2023 price is 12.4%, before a service charge of about AED 14,800 a year (AED 16.63 per sqft).
- One-beds in The Polo Residences E1 sold for AED 1,550,000–1,550,000 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 15 August 2023.
Questions about 109, The Polo Residences E1
What did unit 109 last sell for?
AED 512,500 on 6 April 2023: AED 577 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 988,968 in November 2014.
What is the rent for unit 109?
AED 63,800 a year on the contract signed on 15 August 2023. The previous contract, from August 2021, was AED 55,000; the unit has been rented since January 2018.
How big is unit 109?
888 sqft (82.5 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.
What is unit 109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Polo Residences E1 sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 1,718 per sqft.
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Mortgage on 109, The Polo Residences E1
Starts from the last sale price (AED 513K, 6 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 512,500
- Deposit, UAE resident (20%)
- AED 102,500
- Deposit, non-resident (40%)
- AED 205,000
- Monthly over 25 years at 3.7%
- AED 2,097
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →