1-bed · 821 sqftThe Polo Residences E4, Meydan City · 1st floor · completed 2017

106, The Polo Residences E4

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

Unit 106 · DLD and Ejari recordsUpdated 29 December 2019
Last soldAED 730K29 December 2019
Current rentAED 62K /yr5 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, The Polo Residences E4

What is 106 worth today?

Last sold for AED 730,000 in 2019

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29 Dec 2019SoldReady
AED 730,000AED 889 per sqft
5 Jan 2019RentedNew contract
AED 62,000/yr12 months · AED 76 per sqft
15 Oct 2014Sold by developerOff-plan
AED 1,043,025AED 1,271 per sqft

Source: Dubai Land Department. Updated 29 December 2019.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
1st of 4
Parking
G-22
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,600 /yr
Last sold
AED 730K · December 2019

About 106, The Polo Residences E4

106 is a one-bedroom apartment of 821 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 29 December 2019 for AED 730,000, or AED 889 per sqft.

One Ejari contract is registered, from 5 January 2019. The current contract, signed on 5 January 2019, is AED 62,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 15,600 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in The Polo Residences E4
800K1M2014201720202023Typical sale price by year: 2014 AED 1,032,711; 2018 AED 852,500; 2023 AED 992,500Sold by developer, October 2014: AED 1,043,025 (AED 1,271 per sqft)Sold, December 2019: AED 730,000 (AED 889 per sqft)

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

Rents
Unit 106, 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, January 2019: 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 106 sits

All 15 1-beds →

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. 106'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
1041-bedAED 972K · Oct 2014
1051-bedAED 1.1M · Sep 2018
1072-bedAED 2.1M · Oct 2024
1082-bedAED 1.64M · Dec 2014
1–7 of 8

106, The Polo Residences E4 in numbers

  • Sold twice: first on 15 October 2014 for AED 1,043,025, last on 29 December 2019 for AED 730,000 (AED 889 per sqft).
  • Rented since January 2019 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 15,600 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 29 December 2019.

Questions about 106, The Polo Residences E4

What did unit 106 last sell for?

AED 730,000 on 29 December 2019: AED 889 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 1,043,025 in October 2014.

What is the rent for unit 106?

AED 62,000 a year on the contract signed on 5 January 2019.

How big is unit 106?

821 sqft (76.3 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 106 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 106, The Polo Residences E4

Starts from the last sale price (AED 730K, 29 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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