1-bed · 800 sqftThe Polo Residences E1, Meydan City · 2nd floor · completed 2017

205, The Polo Residences E1

Sold prices and rental history: sold twice, last in May 2019, and rented once, from September 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 9 May 2019
Last soldAED 810K9 May 2019
Current rentAED 65K /yr2 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, The Polo Residences E1

What is 205 worth today?

Last sold for AED 810,000 in 2019

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9 May 2019SoldReady
AED 810,000AED 1,012 per sqft
2 Sep 2018RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
1 Nov 2014Sold by developerOff-plan
AED 891,906AED 1,114 per sqft

Source: Dubai Land Department. Updated 9 May 2019.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
2nd of 4
Parking
G-24
Developer
IGO Property Development
Completed
2017
Service charge
AED 13,300 /yr
Last sold
AED 810K · May 2019

About 205, The Polo Residences E1

205 is a one-bedroom apartment of 800 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 9 May 2019 for AED 810,000, or AED 1,012 per sqft, in line with the AED 999 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 September 2018. The current contract, signed on 2 September 2018, is AED 65,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 13,300 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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, November 2014: AED 891,906 (AED 1,114 per sqft)Sold, May 2019: AED 810,000 (AED 1,012 per sqft)

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

Rents
Unit 205, 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, September 2018: AED 65,000 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 205 sits

All 15 1-beds →

205 last sold in May 2019 at AED 1,012 per sqft, in line with what one-beds in The Polo Residences E1 were fetching at the time (AED 999). 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. 205's AED 65,000 is at the bottom 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
2041-bedAED 850K · Mar 2018
2062-bedAED 2M · Oct 2023
2071-bedAED 950K · Mar 2022
2082-bedAED 2.58M · Jun 2025
1–7 of 8

205, The Polo Residences E1 in numbers

  • Sold twice: first on 1 November 2014 for AED 891,906, last on 9 May 2019 for AED 810,000 (AED 1,012 per sqft).
  • Rented since September 2018 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2019 price is 8.0%, before a service charge of about AED 13,300 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 9 May 2019.

Questions about 205, The Polo Residences E1

What did unit 205 last sell for?

AED 810,000 on 9 May 2019: AED 1,012 per sqft for 800 sqft. The unit has 2 registered sales; the first was AED 891,906 in November 2014.

What is the rent for unit 205?

AED 65,000 a year on the contract signed on 2 September 2018.

How big is unit 205?

800 sqft (74.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 205 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 205, The Polo Residences E1

Starts from the last sale price (AED 810K, 9 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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