1-bed · 902 sqftThe Polo Residences E1, Meydan City · 2nd floor · completed 2017

207, The Polo Residences E1

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 25 September 2022
Last soldAED 950K2 March 2022
Current rentAED 60K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, The Polo Residences E1

What is 207 worth today?

Last sold for AED 950,000 in 2022

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25 Sep 2022RentedRenewal
AED 60,000/yr12 months · AED 67 per sqft
3 Mar 2022RentedNew contract
AED 60,350/yr7 months · AED 67 per sqft
2 Mar 2022SoldReady
AED 950,000AED 1,053 per sqft
25 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
10 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
15 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
1 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
10 Dec 2014Sold by developerOff-plan
AED 1,212,094AED 1,343 per sqft

Source: Dubai Land Department. Updated 25 September 2022.

Key facts

Type
1-bed apartment
Size
902 sqft
Floor
2nd of 4
Parking
G-23
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,000 /yr
Last sold
AED 950K · March 2022

About 207, The Polo Residences E1

207 is a one-bedroom apartment of 902 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 2 March 2022 for AED 950,000, or AED 1,053 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 September 2022, is AED 60,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 15,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical one-bed in The Polo Residences E1
1M2014201720202023Typical 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 1,212,094 (AED 1,343 per sqft)Sold, March 2022: AED 950,000 (AED 1,053 per sqft)

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

Rents
Unit 207, 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, October 2017: AED 85,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, September 2021: AED 60,000 a yearNew contract, March 2022: AED 60,350 a yearRenewal, September 2022: AED 60,000 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 207 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. 207's AED 60,000 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
2051-bedAED 810K · May 2019
2062-bedAED 2M · Oct 2023
2082-bedAED 2.58M · Jun 2025
1–7 of 8

207, The Polo Residences E1 in numbers

  • Sold twice: first on 10 December 2014 for AED 1,212,094, last on 2 March 2022 for AED 950,000 (AED 1,053 per sqft).
  • Rented since October 2017 on 6 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 15,000 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 25 September 2022.

Questions about 207, The Polo Residences E1

What did unit 207 last sell for?

AED 950,000 on 2 March 2022: AED 1,053 per sqft for 902 sqft. The unit has 2 registered sales; the first was AED 1,212,094 in December 2014.

What is the rent for unit 207?

AED 60,000 a year on the contract renewed on 25 September 2022. The previous contract, from March 2022, was AED 60,350; the unit has been rented since October 2017.

How big is unit 207?

902 sqft (83.8 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 207 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 207, The Polo Residences E1

Starts from the last sale price (AED 950K, 2 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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