206, The Polo Residences E1
Sold prices and rental history: sold 3 times, last in October 2023, 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 206, The Polo Residences E1
What is 206 worth today?
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Source: Dubai Land Department. Updated 25 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,555 sqft
- Floor
- 2nd of 4
- Parking
- G-04
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2M · October 2023
- Building
- The Polo Residences E1
About 206, The Polo Residences E1
206 is a two-bedroom apartment of 1,555 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 25 October 2023 for AED 2,000,000, or AED 1,286 per sqft, 5% above the AED 1,225 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 April 2023, is AED 100,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for 206 over time
206 has sold 3 times; 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 206 sits
All 16 2-beds →206 last sold in October 2023 at AED 1,286 per sqft, 5% above what two-beds in The Polo Residences E1 were fetching at the time (AED 1,225). 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. 206's AED 100,000 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 | ||
| 28 Nov 202428 November 2024 | 1,554 sqft | 2,400,000 | 1,543 |
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 2nd floor
All 31 units in The Polo Residences E1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,570 sqft | AED 1.64MAED 1,639,332 · Oct 2014October 2014 | 132,000 /yr | |
| 202 | 1-bed | 982 sqft | AED 575KAED 575,000 · Feb 2018February 2018 | 105,000 /yr | |
| 203 | 2-bed | 1,495 sqft | AED 1.85MAED 1,850,000 · May 2023May 2023 | 92,983 /yr | |
| 204 | 1-bed | 803 sqft | AED 850KAED 850,000 · Mar 2018March 2018 | 77,000 /yr | |
| 205 | 1-bed | 800 sqft | AED 810KAED 810,000 · May 2019May 2019 | 65,000 /yr | |
| 207 | 1-bed | 902 sqft | AED 950KAED 950,000 · Mar 2022March 2022 | 60,000 /yr | |
| 208 | 2-bed | 1,554 sqft | AED 2.58MAED 2,582,317 · Jun 2025June 2025 | 80,000 /yr | |
| 209 | 1-bed | 888 sqft | AED 606KAED 606,113 · Mar 2022March 2022 | 87,500 /yr |
206, The Polo Residences E1 in numbers
- Sold 3 times: first on 1 November 2014 for AED 1,683,750, last on 25 October 2023 for AED 2,000,000 (AED 1,286 per sqft).
- Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 118,000 to AED 85,000 in 2021 and recovered to AED 100,000 by April 2023.
- At AED 100,000 a year the gross yield on the 2023 price is 5.0%, 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 25 October 2023.
Questions about 206, The Polo Residences E1
What did unit 206 last sell for?
AED 2,000,000 on 25 October 2023: AED 1,286 per sqft for 1,555 sqft. The unit has 3 registered sales; the first was AED 1,683,750 in November 2014.
What is the rent for unit 206?
AED 100,000 a year on the contract signed on 15 April 2023. The previous contract, from April 2021, was AED 85,000; the unit has been rented since October 2017.
How big is unit 206?
1,555 sqft (144.5 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.
What is unit 206 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 206, The Polo Residences E1
Starts from the last sale price (AED 2M, 25 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →