1-bed · 821 sqftThe Polo Residences E3, Meydan City · 2nd floor · completed 2017

205, The Polo Residences E3

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 650K23 February 2020
Current rentAED 75K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, The Polo Residences E3

What is 205 worth today?

Last sold for AED 650,000 in 2020

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1 Mar 2023RentedNew contract
AED 75,216/yr12 months · AED 92 per sqft
16 Mar 2022RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
16 Mar 2021RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
16 Mar 2020RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
23 Feb 2020SoldReady
AED 650,000AED 792 per sqft
1 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
15 Oct 2014Sold by developerOff-plan
AED 1,051,369AED 1,281 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
2nd of 4
Parking
G-29
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,600 /yr
Last sold
AED 650K · February 2020

About 205, The Polo Residences E3

205 is a one-bedroom apartment of 821 sqft on the 2nd floor of The Polo Residences E3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 23 February 2020 for AED 650,000, or AED 792 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 March 2023, is AED 75,216 a year: a gross yield of 11.6% on the 2020 price, before the service charge of about AED 15,600 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in The Polo Residences E3
600K800K1M20142017202020232026Typical sale price by year: 2014 AED 1,051,369; 2015 AED 912,710; 2017 AED 960,000; 2022 AED 780,000; 2025 AED 1,090,000Sold by developer, October 2014: AED 1,051,369 (AED 1,281 per sqft)Sold, February 2020: AED 650,000 (AED 792 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in The Polo Residences E3
60K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 65,000; 2019 AED 56,792; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 50,875; 2023 AED 57,475; 2024 AED 62,700; 2025 AED 66,701; 2026 AED 72,000New contract, February 2019: AED 65,000 a yearNew contract, March 2020: AED 52,000 a yearRenewal, March 2021: AED 50,000 a yearRenewal, March 2022: AED 50,000 a yearNew contract, March 2023: AED 75,216 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 E3, and where 205 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 1,250,000, around AED 1,523 per sqft, and rent for AED 70,000 to 100,000 a year. 205's AED 75,216 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,250,000
5 May 20251,070,000
7 Feb 20251,200,000
10 Jan 20251,090,000
1 1-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 2nd floor

All 31 units in The Polo Residences E3
Value
2011-bedAED 920K · Jun 2023
2022-bedAED 1.75M · Apr 2018
2032-bedAED 2.03M · Nov 2023
2041-bedAED 930K · Oct 2017
2061-bedAED 1.09M · Jan 2025
2072-bedAED 1.95M · Sep 2023
2082-bedAED 2.6M · Oct 2025
1–7 of 8

205, The Polo Residences E3 in numbers

  • Sold twice: first on 15 October 2014 for AED 1,051,369, last on 23 February 2020 for AED 650,000 (AED 792 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2022 and recovered to AED 75,216 by March 2023.
  • At AED 75,216 a year the gross yield on the 2020 price is 11.6%, before a service charge of about AED 15,600 a year (AED 19.00 per sqft).
  • One-beds in The Polo Residences E3 sold for AED 1,250,000–1,250,000 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 1 March 2023.

Questions about 205, The Polo Residences E3

What did unit 205 last sell for?

AED 650,000 on 23 February 2020: AED 792 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 1,051,369 in October 2014.

What is the rent for unit 205?

AED 75,216 a year on the contract signed on 1 March 2023. The previous contract, from March 2022, was AED 50,000; the unit has been rented since February 2019.

How big is unit 205?

821 sqft (76.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 205 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 E3 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,523 per sqft.

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Mortgage on 205, The Polo Residences E3

Starts from the last sale price (AED 650K, 23 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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