1-bed · 803 sqftThe Polo Residences E1, Meydan City · 2nd floor · completed 2017

204, The Polo Residences E1

Sold prices and rental history: sold twice, last in March 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 850K27 March 2018
Current rentAED 77K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, The Polo Residences E1

What is 204 worth today?

Last sold for AED 850,000 in 2018

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1 Jun 2026RentedRenewal
AED 77,000/yr12 months · AED 96 per sqft
1 Jun 2025RentedNew contract
AED 77,000/yr12 months · AED 96 per sqft
1 Jun 2025RentedNew contract
AED 77,000/yr12 months · AED 96 per sqft
15 Feb 2024RentedNew contract
AED 72,500/yr12 months · AED 90 per sqft
10 Feb 2020RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
10 Feb 2019RentedNew contract
AED 62,000/yr12 months · AED 77 per sqft
1 May 2018RentedNew contract
AED 62,000/yr12 months · AED 77 per sqft
27 Mar 2018SoldReady
AED 850,000AED 1,058 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
2nd of 4
Parking
G-25
Developer
IGO Property Development
Completed
2017
Service charge
AED 13,400 /yr
Last sold
AED 850K · March 2018

About 204, The Polo Residences E1

204 is a one-bedroom apartment of 803 sqft on the 2nd floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 27 March 2018 for AED 850,000, or AED 1,058 per sqft, 28% above the AED 829 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 77,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 13,400 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in The Polo Residences E1
600K800K1M2014201720202023Typical sale price by year: 2014 AED 1,010,011; 2018 AED 818,500; 2020 AED 660,000; 2022 AED 700,000Sold by developer, December 2014: AED 894,626 (AED 1,113 per sqft)Sold, March 2018: AED 850,000 (AED 1,058 per sqft)

204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in The Polo Residences E1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 70,500; 2019 AED 69,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 64,400; 2024 AED 90,000; 2025 AED 87,250; 2026 AED 79,000New contract, May 2018: AED 62,000 a yearNew contract, February 2019: AED 62,000 a yearRenewal, February 2020: AED 60,000 a yearNew contract, February 2024: AED 72,500 a yearNew contract, June 2025: AED 77,000 a yearNew contract, June 2025: AED 77,000 a yearRenewal, June 2026: AED 77,000 a year

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 204 sits

All 15 1-beds →

204 last sold in March 2018 at AED 1,058 per sqft, 28% above what one-beds in The Polo Residences E1 were fetching at the time (AED 829). 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. 204's AED 77,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 20251,550,000
18 Feb 20251,550,000
6 Apr 2023512,500
31 Mar 2022606,113
1 1-bed sale in the last 12 months

The Polo Residences E1

Building

31 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%
The Polo Residences E1, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 31 units in The Polo Residences E1
Value
2012-bedAED 1.64M · Oct 2014
2021-bedAED 575K · Feb 2018
2032-bedAED 1.85M · May 2023
2051-bedAED 810K · May 2019
2062-bedAED 2M · Oct 2023
2071-bedAED 950K · Mar 2022
2082-bedAED 2.58M · Jun 2025
1–7 of 8

204, The Polo Residences E1 in numbers

  • Sold twice: first on 23 December 2014 for AED 894,626, last on 27 March 2018 for AED 850,000 (AED 1,058 per sqft).
  • Rented since May 2018 on 7 Ejari contracts, from AED 62,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2018 price is 9.1%, before a service charge of about AED 13,400 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 1 June 2026.

Questions about 204, The Polo Residences E1

What did unit 204 last sell for?

AED 850,000 on 27 March 2018: AED 1,058 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 894,626 in December 2014.

What is the rent for unit 204?

AED 77,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 77,000; the unit has been rented since May 2018.

How big is unit 204?

803 sqft (74.6 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 204 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 204, The Polo Residences E1

Starts from the last sale price (AED 850K, 27 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →