1-bed · 888 sqftThe Polo Residences E1, Meydan City · 2nd floor · completed 2017

209, 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 209 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 606K31 March 2022
Current rentAED 88K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, The Polo Residences E1

What is 209 worth today?

Last sold for AED 606,113 in 2022

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1 Aug 2025RentedNew contract
AED 87,500/yr12 months · AED 99 per sqft
1 Aug 2025RentedNew contract
AED 87,500/yr12 months · AED 99 per sqft
20 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
20 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
27 Sep 2024RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
24 Sep 2023RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
24 Sep 2022RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
31 Mar 2022SoldReady
AED 606,113AED 682 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
2nd of 4
Parking
G-22
Developer
IGO Property Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 606K · March 2022

About 209, The Polo Residences E1

209 is a one-bedroom apartment of 888 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 31 March 2022 for AED 606,113, or AED 682 per sqft, 10% below the AED 759 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 12 Ejari contracts. The current contract, signed on 1 August 2025, is AED 87,500 a year: a gross yield of 14.4% on the 2022 price, before the service charge of about AED 14,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 988,967 (AED 1,114 per sqft)Sold, March 2022: AED 606,113 (AED 682 per sqft)

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

Rents
Unit 209, each contractTypical one-bed in The Polo Residences E1
60K80K100K2017202020232026Typical 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, November 2017: AED 80,000 a yearNew contract, November 2018: AED 75,000 a yearNew contract, January 2020: AED 65,000 a yearNew contract, September 2020: AED 55,148 a yearRenewal, September 2021: AED 60,000 a yearRenewal, September 2022: AED 60,000 a yearRenewal, September 2023: AED 60,000 a yearNew contract, September 2024: AED 95,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, August 2025: AED 87,500 a yearNew contract, August 2025: AED 87,500 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 209 sits

All 15 1-beds →

209 last sold in March 2022 at AED 682 per sqft, 10% below what one-beds in The Polo Residences E1 were fetching at the time (AED 759). 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. 209's AED 87,500 is at the top 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 2022700,000
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
2071-bedAED 950K · Mar 2022
1–7 of 8

209, The Polo Residences E1 in numbers

  • Sold twice: first on 8 November 2014 for AED 988,967, last on 31 March 2022 for AED 606,113 (AED 682 per sqft).
  • Rented since November 2017 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 55,148 in 2020 and recovered to AED 87,500 by August 2025.
  • At AED 87,500 a year the gross yield on the 2022 price is 14.4%, 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 1 August 2025.

Questions about 209, The Polo Residences E1

What did unit 209 last sell for?

AED 606,113 on 31 March 2022: AED 682 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 988,967 in November 2014.

What is the rent for unit 209?

AED 87,500 a year on the contract signed on 1 August 2025. The previous contract, from August 2025, was AED 87,500; the unit has been rented since November 2017.

How big is unit 209?

888 sqft (82.5 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 209 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 209, The Polo Residences E1

Starts from the last sale price (AED 606K, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 606,113
Deposit, UAE resident (20%)
AED 121,223
Deposit, non-resident (40%)
AED 242,445
Monthly over 25 years at 3.7%
AED 2,480

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