2-bed · 1,535 sqftThe Polo Residences E4, Meydan City · 1st floor · completed 2017

102, The Polo Residences E4

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 2.03M10 October 2023
Current rentAED 90K /yr31 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, The Polo Residences E4

What is 102 worth today?

Last sold for AED 2,025,000 in 2023

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10 Oct 2023SoldReady
AED 2,025,000AED 1,319 per sqft
31 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
1 Dec 2020RentedRenewal
AED 82,000/yr13 months · AED 53 per sqft
1 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
1 Dec 2017RentedNew contract
AED 107,000/yr12 months · AED 70 per sqft
14 Oct 2014Sold by developerOff-plan
AED 1,639,375AED 1,068 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
1st of 4
Parking
G--16
Developer
IGO Property Development
Completed
2017
Service charge
AED 29,200 /yr
Last sold
AED 2.03M · October 2023

About 102, The Polo Residences E4

102 is a two-bedroom apartment of 1,535 sqft on the 1st floor of The Polo Residences E4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 10 October 2023 for AED 2,025,000, or AED 1,319 per sqft, 23% above the AED 1,069 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 31 December 2021, is AED 90,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 29,200 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in The Polo Residences E4
1.5M1.75M2M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2019 AED 1,500,000; 2023 AED 1,620,000Sold by developer, October 2014: AED 1,639,375 (AED 1,068 per sqft)Sold, October 2023: AED 2,025,000 (AED 1,319 per sqft)

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

Rents
Unit 102, each contractTypical two-bed in The Polo Residences E4
100K150K2017202020232026Typical rent by year: 2017 AED 107,000; 2018 AED 92,500; 2019 AED 95,000; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 93,000; 2023 AED 102,669; 2024 AED 137,500; 2025 AED 140,000New contract, December 2017: AED 107,000 a yearRenewal, December 2018: AED 90,000 a yearRenewal, December 2019: AED 90,000 a yearRenewal, December 2020: AED 82,000 a yearRenewal, December 2021: 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 E4, and where 102 sits

All 14 2-beds →

102 last sold in October 2023 at AED 1,319 per sqft, 23% above what two-beds in The Polo Residences E4 were fetching at the time (AED 1,069). Over the last 12 months two-beds sold for AED 2,250,000, around AED 1,466 per sqft, and rent for AED 115,000 to 145,001 a year. 102's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,250,000
2 Oct 20242,100,000
8 Jan 20241,900,000
23 May 20231,640,000
1 2-bed sale in the last 12 months

The Polo Residences E4

Building

30 apartments, 1-bed to 4-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 1,501
Typical sale
AED 1.75M
Typical rent
AED 95K /yr
Typical yield
5.3%
The Polo Residences E4, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 30 units in The Polo Residences E4
Value
1011-bedAED 470K · Feb 2018
1032-bedAED 1.4M · Jan 2019
1041-bedAED 972K · Oct 2014
1051-bedAED 1.1M · Sep 2018
1061-bedAED 730K · Dec 2019
1072-bedAED 2.1M · Oct 2024
1082-bedAED 1.64M · Dec 2014
1–7 of 8

102, The Polo Residences E4 in numbers

  • Sold twice: first on 14 October 2014 for AED 1,639,375, last on 10 October 2023 for AED 2,025,000 (AED 1,319 per sqft).
  • Rented since December 2017 on 5 Ejari contracts, from AED 107,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 29,200 a year (AED 19.00 per sqft).
  • Two-beds in The Polo Residences E4 sold for AED 2,250,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,501 per sqft.

Source: Dubai Land Department. Updated 10 October 2023.

Questions about 102, The Polo Residences E4

What did unit 102 last sell for?

AED 2,025,000 on 10 October 2023: AED 1,319 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,639,375 in October 2014.

What is the rent for unit 102?

AED 90,000 a year on the contract renewed on 31 December 2021. The previous contract, from December 2020, was AED 82,000; the unit has been rented since December 2017.

How big is unit 102?

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 102 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 E4 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 1,466 per sqft.

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Mortgage on 102, The Polo Residences E4

Starts from the last sale price (AED 2.03M, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

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