2-bed · 1,534 sqftThe Polo Residences E3, Meydan City · 1st floor · completed 2017

103, The Polo Residences E3

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 1.3M23 May 2019
Current rentAED 125K /yr12 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, The Polo Residences E3

What is 103 worth today?

Last sold for AED 1,300,000 in 2019

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12 Nov 2024RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
12 Nov 2023RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
12 Nov 2022RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
17 Oct 2021RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
17 Oct 2020RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
17 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
23 May 2019Sold by developerReady
AED 1,300,000AED 847 per sqft
17 Oct 2018RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
1st of 4
Parking
G-15
Developer
IGO Property Development
Completed
2017
Service charge
AED 29,100 /yr
Last sold
AED 1.3M · May 2019

About 103, The Polo Residences E3

103 is a two-bedroom apartment of 1,534 sqft on the 1st floor of The Polo Residences E3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 23 May 2019 for AED 1,300,000, or AED 847 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 12 November 2024, is AED 125,000 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 29,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in The Polo Residences E3
1.5M2M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2015 AED 1,639,375; 2022 AED 1,500,000; 2023 AED 1,950,000Sold by developer, May 2019: AED 1,300,000 (AED 847 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in The Polo Residences E3
100K150K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 88,000; 2022 AED 110,000; 2023 AED 110,000; 2024 AED 123,000; 2025 AED 157,000; 2026 AED 145,000New contract, October 2018: AED 95,000 a yearNew contract, October 2019: AED 90,000 a yearRenewal, October 2020: AED 85,000 a yearRenewal, October 2021: AED 90,000 a yearNew contract, November 2022: AED 125,000 a yearRenewal, November 2023: AED 125,000 a yearRenewal, November 2024: AED 125,000 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 E3, and where 103 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 2,550,000, around AED 1,662 per sqft, and rent for AED 125,000 to 170,000 a year. 103's AED 125,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 20262,550,000
28 Oct 20252,600,000
16 Jan 20252,250,000
24 Nov 20232,025,000
1 2-bed sale in the last 12 months

The Polo Residences E3

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 1,593
Typical sale
AED 1.9M
Typical rent
AED 113K /yr
Typical yield
5.6%
The Polo Residences E3, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 31 units in The Polo Residences E3
Value
1011-bedAED 820K · Jan 2023
1022-bedAED 1.64M · Jun 2015
1041-bedAED 1.11M · Dec 2014
1051-bedAED 1.04M · Oct 2014
1061-bedAED 1.2M · Feb 2025
1072-bedAED 2.25M · Jan 2025
1082-bedAED 1.64M · Jun 2015
1–7 of 8

103, The Polo Residences E3 in numbers

  • Sold once: by IGO Property Development on 23 May 2019 for AED 1,300,000, or AED 847 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 85,000 in 2020 and recovered to AED 125,000 by November 2024.
  • At AED 125,000 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 29,100 a year (AED 19.00 per sqft).
  • Two-beds in The Polo Residences E3 sold for AED 2,550,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,593 per sqft.

Source: Dubai Land Department. Updated 12 November 2024.

Questions about 103, The Polo Residences E3

What did unit 103 last sell for?

AED 1,300,000 on 23 May 2019, sold by the developer: AED 847 per sqft for 1,534 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 125,000 a year on the contract renewed on 12 November 2024. The previous contract, from November 2023, was AED 125,000; the unit has been rented since October 2018.

How big is unit 103?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 103 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 E3 sold for AED 2,550,000 to 2,550,000 in the last 12 months, around AED 1,662 per sqft.

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Mortgage on 103, The Polo Residences E3

Starts from the last sale price (AED 1.3M, 23 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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