1-bed · 821 sqftThe Polo Residences E2, Meydan City · 1st floor · completed 2017

106, The Polo Residences E2

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 870K8 February 2023
Current rentAED 80K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, The Polo Residences E2

What is 106 worth today?

Last sold for AED 870,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
29 Feb 2024RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
1 Mar 2023RentedNew contract
AED 70,202/yr12 months · AED 86 per sqft
8 Feb 2023SoldReady
AED 870,000AED 1,060 per sqft
16 Dec 2020RentedRenewal
AED 45,000/yr12 months · AED 55 per sqft
16 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
30 Oct 2018RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
26 Apr 2018RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
1st of 4
Parking
G-22
Developer
IGO Property Development
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 870K · February 2023

About 106, The Polo Residences E2

106 is a one-bedroom apartment of 821 sqft on the 1st floor of The Polo Residences E2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 8 February 2023 for AED 870,000, or AED 1,060 per sqft, 60% above the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 October 2024, is AED 80,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 17,200 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in The Polo Residences E2
600K800K2014201720202023Typical sale price by year: 2014 AED 897,206; 2015 AED 900,700; 2018 AED 750,000; 2022 AED 500,000Sold by developer, December 2014: AED 906,021 (AED 1,104 per sqft)Sold, February 2023: AED 870,000 (AED 1,060 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in The Polo Residences E2
40K60K80K2017202020232026Typical rent by year: 2017 AED 69,000; 2018 AED 65,000; 2019 AED 58,000; 2020 AED 50,000; 2021 AED 48,500; 2022 AED 54,500; 2023 AED 62,000; 2024 AED 70,000; 2025 AED 66,000; 2026 AED 81,000New contract, April 2018: AED 65,000 a yearNew contract, October 2018: AED 50,000 a yearNew contract, December 2019: AED 50,000 a yearRenewal, December 2020: AED 45,000 a yearNew contract, March 2023: AED 70,202 a yearRenewal, February 2024: AED 70,000 a yearNew contract, October 2024: AED 80,000 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 E2, and where 106 sits

All 15 1-beds →

106 last sold in February 2023 at AED 1,060 per sqft, 60% above what one-beds in The Polo Residences E2 were fetching at the time (AED 662). 106's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20251,200,000
12 Dec 20241,200,000
15 Aug 2022800,000
31 Mar 2022500,000
0 1-bed sales in the last 12 months

The Polo Residences E2

Building

31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,694
Typical sale
AED 2.6M
Typical rent
AED 83K /yr
Typical yield
6.0%
The Polo Residences E2, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 31 units in The Polo Residences E2
Value
1011-bedAED 1.2M · Dec 2024
1022-bedAED 1M · Jul 2021
1032-bedAED 2.2M · Jul 2024
1041-bedAED 770K · Jun 2019
1051-bedAED 750K · Sep 2018
1072-bedAED 1.25M · May 2021
1082-bedAED 1.24M · Nov 2020
1–7 of 8

106, The Polo Residences E2 in numbers

  • Sold twice: first on 4 December 2014 for AED 906,021, last on 8 February 2023 for AED 870,000 (AED 1,060 per sqft).
  • Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2020 and recovered to AED 80,000 by October 2024.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 17,200 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 106, The Polo Residences E2

What did unit 106 last sell for?

AED 870,000 on 8 February 2023: AED 1,060 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 906,021 in December 2014.

What is the rent for unit 106?

AED 80,000 a year on the contract signed on 1 October 2024. The previous contract, from February 2024, was AED 70,000; the unit has been rented since April 2018.

How big is unit 106?

821 sqft (76.3 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 106, The Polo Residences E2

Starts from the last sale price (AED 870K, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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