1-bed · 826 sqftThe Polo Residences E4, Meydan City · 1st floor · completed 2017

104, The Polo Residences E4

Sold prices and rental history: sold once, by the developer in October 2014, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 15 July 2020
Last soldAED 972K18 October 2014
Current rentAED 62K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, The Polo Residences E4

What is 104 worth today?

Last sold for AED 971,598 in 2014

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15 Jul 2020RentedNew contract
AED 62,000/yr12 months · AED 75 per sqft
18 Oct 2014Sold by developerOff-plan
AED 971,598AED 1,176 per sqft

Source: Dubai Land Department. Updated 15 July 2020.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
1st of 4
Parking
G-24
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,700 /yr
Last sold
AED 972K · October 2014

About 104, The Polo Residences E4

104 is a one-bedroom apartment of 826 sqft on the 1st floor of The Polo Residences E4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 18 October 2014 for AED 971,598, or AED 1,176 per sqft, 6% below the AED 1,256 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2020. The current contract, signed on 15 July 2020, is AED 62,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 15,700 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in The Polo Residences E4
900K1M2014201720202023Typical sale price by year: 2014 AED 1,032,711; 2018 AED 852,500; 2023 AED 992,500Sold by developer, October 2014: AED 971,598 (AED 1,176 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in The Polo Residences E4
60K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 65,000; 2020 AED 52,000; 2021 AED 48,000; 2022 AED 52,000; 2023 AED 65,000; 2024 AED 69,230; 2025 AED 71,625; 2026 AED 69,000New contract, July 2020: AED 62,000 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 E4, and where 104 sits

All 15 1-beds →

104 last sold in October 2014 at AED 1,176 per sqft, 6% below what one-beds in The Polo Residences E4 were fetching at the time (AED 1,256). Over the last 12 months one-beds sold for AED 1,250,000, around AED 1,535 per sqft, and rent for AED 55,660 to 75,000 a year. 104's AED 62,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20261,250,000
14 Jul 20251,200,000
13 Dec 20231,326,000
8 Jun 2023870,000
1 1-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
1022-bedAED 2.03M · Oct 2023
1032-bedAED 1.4M · Jan 2019
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

104, The Polo Residences E4 in numbers

  • Sold once: by IGO Property Development on 18 October 2014 for AED 971,598, or AED 1,176 per sqft.
  • Rented since July 2020 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 15,700 a year (AED 19.00 per sqft).
  • One-beds in The Polo Residences E4 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 1,501 per sqft.

Source: Dubai Land Department. Updated 15 July 2020.

Questions about 104, The Polo Residences E4

What did unit 104 last sell for?

AED 971,598 on 18 October 2014, sold by the developer: AED 1,176 per sqft for 826 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 62,000 a year on the contract signed on 15 July 2020.

How big is unit 104?

826 sqft (76.7 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 104 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 E4 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,535 per sqft.

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Mortgage on 104, The Polo Residences E4

Starts from the last sale price (AED 972K, 18 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 971,598
Deposit, UAE resident (20%)
AED 194,320
Deposit, non-resident (40%)
AED 388,639
Monthly over 25 years at 3.7%
AED 3,975

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