2-bed · 1,534 sqftThe Polo Residences E4, Meydan City · 1st floor · completed 2017

107, The Polo Residences E4

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 2.1M2 October 2024
Current rentAED 85K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, The Polo Residences E4

What is 107 worth today?

Last sold for AED 2,100,000 in 2024

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2 Oct 2024SoldReady
AED 2,100,000AED 1,368 per sqft
13 Feb 2023SoldReady
AED 1,570,000AED 1,023 per sqft
1 May 2022RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 May 2021RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 May 2020RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 May 2019RentedRenewal
AED 95,000/yr12 months · AED 62 per sqft
1 May 2018RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
14 Dec 2014Sold by developerOff-plan
AED 1,639,375AED 1,068 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
1st of 4
Parking
G-14
Developer
IGO Property Development
Completed
2017
Service charge
AED 29,100 /yr
Last sold
AED 2.1M · October 2024

About 107, The Polo Residences E4

107 is a two-bedroom apartment of 1,534 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 2 October 2024 for AED 2,100,000, or AED 1,368 per sqft, 4% above the AED 1,319 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 85,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 29,100 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in The Polo Residences E4
1.5M2M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2019 AED 1,500,000; 2023 AED 1,620,000Sold by developer, December 2014: AED 1,639,375 (AED 1,068 per sqft)Sold, February 2023: AED 1,570,000 (AED 1,023 per sqft)Sold, October 2024: AED 2,100,000 (AED 1,368 per sqft)

107 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 107, each contractTypical two-bed in The Polo Residences E4
100K125K2017202020232026Typical 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, May 2018: AED 95,000 a yearRenewal, May 2019: AED 95,000 a yearRenewal, May 2020: AED 85,000 a yearRenewal, May 2021: AED 85,000 a yearRenewal, May 2022: AED 85,000 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 107 sits

All 14 2-beds →

107 last sold in October 2024 at AED 1,368 per sqft, 4% above what two-beds in The Polo Residences E4 were fetching at the time (AED 1,319). 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. 107's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,250,000
8 Jan 20241,900,000
10 Oct 20232,025,000
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
1022-bedAED 2.03M · Oct 2023
1032-bedAED 1.4M · Jan 2019
1041-bedAED 972K · Oct 2014
1051-bedAED 1.1M · Sep 2018
1061-bedAED 730K · Dec 2019
1082-bedAED 1.64M · Dec 2014
1–7 of 8

107, The Polo Residences E4 in numbers

  • Sold 3 times: first on 14 December 2014 for AED 1,639,375, last on 2 October 2024 for AED 2,100,000 (AED 1,368 per sqft).
  • Rented since May 2018 on 5 Ejari contracts, from AED 95,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 29,100 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 2 October 2024.

Questions about 107, The Polo Residences E4

What did unit 107 last sell for?

AED 2,100,000 on 2 October 2024: AED 1,368 per sqft for 1,534 sqft. The unit has 3 registered sales; the first was AED 1,639,375 in December 2014.

What is the rent for unit 107?

AED 85,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 85,000; the unit has been rented since May 2018.

How big is unit 107?

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 107 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 107, The Polo Residences E4

Starts from the last sale price (AED 2.1M, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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