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

202, The Polo Residences E2

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 1.2M7 January 2021
Current rentAED 90K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, The Polo Residences E2

What is 202 worth today?

Last sold for AED 1,200,000 in 2021

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10 Nov 2024RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
10 Nov 2023RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
10 Nov 2022RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
10 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
7 Jan 2021SoldReady
AED 1,200,000AED 781 per sqft
10 Nov 2020RentedRenewal
AED 75,000/yr12 months · AED 49 per sqft
10 Nov 2019RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
10 Nov 2018RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 4
Parking
G-12
Developer
IGO Property Development
Completed
2017
Service charge
AED 32,200 /yr
Last sold
AED 1.2M · January 2021

About 202, The Polo Residences E2

202 is a two-bedroom apartment of 1,535 sqft on the 2nd floor of The Polo Residences E2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 7 January 2021 for AED 1,200,000, or AED 781 per sqft.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 10 November 2024, is AED 90,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 32,200 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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 1,624,125 (AED 1,058 per sqft)Sold, January 2021: AED 1,200,000 (AED 781 per sqft)

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

Rents
Unit 202, 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, November 2017: AED 115,000 a yearNew contract, November 2018: AED 115,000 a yearRenewal, November 2019: AED 110,000 a yearRenewal, November 2020: AED 75,000 a yearNew contract, November 2021: AED 85,000 a yearRenewal, November 2022: AED 85,000 a yearRenewal, November 2023: AED 90,000 a yearNew contract, November 2024: AED 90,000 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 202 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. 202's AED 90,000 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 2nd floor

All 31 units in The Polo Residences E2
Value
2011-bedAED 775K · Nov 2018
2032-bedAED 1.64M · Mar 2015
2041-bedAED 1.2M · Aug 2025
2051-bedAED 760K · Feb 2019
2061-bedAED 965K · Apr 2015
2072-bedAED 1.82M · Jan 2018
2082-bedAED 1.74M · Oct 2014
1–7 of 8

202, The Polo Residences E2 in numbers

  • Sold twice: first on 4 December 2014 for AED 1,624,125, last on 7 January 2021 for AED 1,200,000 (AED 781 per sqft).
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2020 and recovered to AED 90,000 by November 2024.
  • At AED 90,000 a year the gross yield on the 2021 price is 7.5%, 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 10 November 2024.

Questions about 202, The Polo Residences E2

What did unit 202 last sell for?

AED 1,200,000 on 7 January 2021: AED 781 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,624,125 in December 2014.

What is the rent for unit 202?

AED 90,000 a year on the contract signed on 10 November 2024. The previous contract, from November 2023, was AED 90,000; the unit has been rented since November 2017.

How big is unit 202?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 202 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 202, The Polo Residences E2

Starts from the last sale price (AED 1.2M, 7 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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