2-bed · 1,535 sqftThe Polo Residences E2, Meydan City · 1st floor · completed 2017

108, The Polo Residences E2

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 1.24M22 November 2020
Current rentAED 140K /yr17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, The Polo Residences E2

What is 108 worth today?

Last sold for AED 1,235,000 in 2020

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17 Dec 2024RentedRenewal
AED 140,000/yr12 months · AED 91 per sqft
17 Dec 2023RentedRenewal
AED 130,000/yr12 months · AED 85 per sqft
17 Dec 2022RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
1 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
6 Jun 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
22 Nov 2020SoldReady
AED 1,235,000AED 804 per sqft
6 Jun 2020RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
20 May 2019RentedRenewal
AED 95,630/yr13 months · AED 62 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
1st of 4
Parking
G-13
Developer
IGO Property Development
Completed
2017
Service charge
AED 32,200 /yr
Last sold
AED 1.24M · November 2020

About 108, The Polo Residences E2

108 is a two-bedroom apartment of 1,535 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 22 November 2020 for AED 1,235,000, or AED 804 per sqft.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 17 December 2024, is AED 140,000 a year: a gross yield of 11.3% on the 2020 price, before the service charge of about AED 32,200 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in The Polo Residences E2
1.25M1.5M1.75M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2015 AED 1,639,375; 2018 AED 1,750,000; 2019 AED 1,449,269; 2021 AED 1,225,000; 2022 AED 1,500,000Sold by developer, December 2014: AED 1,639,375 (AED 1,068 per sqft)Sold, November 2020: AED 1,235,000 (AED 804 per sqft)

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

Rents
Unit 108, each contractTypical two-bed in The Polo Residences E2
100K150K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 95,630; 2020 AED 86,044; 2021 AED 85,000; 2022 AED 89,000; 2023 AED 96,000; 2024 AED 111,550; 2025 AED 160,000New contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 95,630 a yearRenewal, June 2020: AED 90,000 a yearNew contract, June 2021: AED 85,000 a yearNew contract, June 2022: AED 100,000 a yearNew contract, December 2022: AED 125,000 a yearRenewal, December 2023: AED 130,000 a yearRenewal, December 2024: AED 140,000 a year

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 E2, and where 108 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 2,600,000, around AED 1,694 per sqft, and rent for AED 155,000 to 180,000 a year. 108's AED 140,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20262,600,000
5 Aug 20252,525,000
29 Jul 20242,200,000
5 Jun 20242,750,000
1 2-bed sale 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
1061-bedAED 870K · Feb 2023
1072-bedAED 1.25M · May 2021
1–7 of 8

108, The Polo Residences E2 in numbers

  • Sold twice: first on 4 December 2014 for AED 1,639,375, last on 22 November 2020 for AED 1,235,000 (AED 804 per sqft).
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 85,000 in 2021 and recovered to AED 140,000 by December 2024.
  • At AED 140,000 a year the gross yield on the 2020 price is 11.3%, before a service charge of about AED 32,200 a year (AED 21.00 per sqft).
  • Two-beds in The Polo Residences E2 sold for AED 2,600,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,694 per sqft.

Source: Dubai Land Department. Updated 17 December 2024.

Questions about 108, The Polo Residences E2

What did unit 108 last sell for?

AED 1,235,000 on 22 November 2020: AED 804 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,639,375 in December 2014.

What is the rent for unit 108?

AED 140,000 a year on the contract renewed on 17 December 2024. The previous contract, from December 2023, was AED 130,000; the unit has been rented since May 2018.

How big is unit 108?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 108 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 E2 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,694 per sqft.

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Mortgage on 108, The Polo Residences E2

Starts from the last sale price (AED 1.24M, 22 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,000
Deposit, UAE resident (20%)
AED 247,000
Deposit, non-resident (40%)
AED 494,000
Monthly over 25 years at 3.7%
AED 5,053

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