1-bed · 775 sqftThe Polo Residences E5, Meydan City · 1st floor · completed 2017

106, The Polo Residences E5

Sold prices and rental history: sold 4 times, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 1.15M4 December 2024
Current rentAED 58K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, The Polo Residences E5

What is 106 worth today?

Last sold for AED 1,150,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Dec 2024SoldReady
AED 1,150,000AED 1,484 per sqft
8 Dec 2023SoldReady
AED 500,000AED 1,290 per sqft
22 Nov 2023SoldReady
AED 400,000AED 1,032 per sqft
1 Aug 2023RentedNew contract
AED 58,000/yr12 months · AED 75 per sqft
1 Aug 2022RentedNew contract
AED 57,000/yr12 months · AED 74 per sqft
1 Nov 2014Sold by developerOff-plan
AED 994,888AED 1,283 per sqft

Source: Dubai Land Department. Updated 4 December 2024.

Key facts

Type
1-bed apartment
Size
775 sqft
Floor
1st of 4
Parking
G-17
Developer
IGO Property Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.15M · December 2024

About 106, The Polo Residences E5

106 is a one-bedroom apartment of 775 sqft on the 1st floor of The Polo Residences E5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 4 December 2024 for AED 1,150,000, or AED 1,484 per sqft, 7% above the AED 1,388 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 August 2023, is AED 58,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in The Polo Residences E5
500K1M20142017202020232026Typical sale price by year: 2014 AED 1,044,332; 2015 AED 1,056,618; 2022 AED 700,000; 2023 AED 812,500; 2024 AED 1,100,000; 2025 AED 1,230,000Sold by developer, November 2014: AED 994,888 (AED 1,283 per sqft)Sold, November 2023: AED 400,000 (AED 1,032 per sqft)Sold, December 2023: AED 500,000 (AED 1,290 per sqft)Sold, December 2024: AED 1,150,000 (AED 1,484 per sqft)

106 has sold 4 times; 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 E5
60K80K2017202020232026Typical rent by year: 2017 AED 83,500; 2018 AED 70,000; 2019 AED 68,500; 2020 AED 61,000; 2021 AED 54,000; 2022 AED 56,500; 2023 AED 58,000; 2024 AED 84,500; 2025 AED 84,500; 2026 AED 85,000New contract, August 2022: AED 57,000 a yearNew contract, August 2023: AED 58,000 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 E5, and where 106 sits

All 15 1-beds →

106 last sold in December 2024 at AED 1,484 per sqft, 7% above what one-beds in The Polo Residences E5 were fetching at the time (AED 1,388). Over the last 12 months one-beds sold for AED 1,230,000, around AED 1,534 per sqft, and rent for AED 75,000 to 90,000 a year. 106's AED 58,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20251,230,000
6 Nov 20251,410,000
16 Jul 20251,230,000
30 Dec 20241,000,000
1 1-bed sale in the last 12 months

The Polo Residences E5

Building

27 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,534
Typical sale
AED 1.23M
Typical rent
AED 85K /yr
Typical yield
6.2%
The Polo Residences E5, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 27 units in The Polo Residences E5
Value
1011-bedAED 1.23M · Dec 2025
1022-bedAED 2.37M · Mar 2025
1031-bedAED 1.03M · Nov 2014
1042-bedAED 1.8M · Apr 2018
1051-bedAED 1.55M · Dec 2023
1072-bedAED 1.89M · Jun 2024
1081-bedAED 1.12M · Dec 2014

106, The Polo Residences E5 in numbers

  • Sold 4 times: first on 1 November 2014 for AED 994,888, last on 4 December 2024 for AED 1,150,000 (AED 1,484 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 57,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 14,800 a year (AED 19.07 per sqft).
  • One-beds in The Polo Residences E5 sold for AED 1,230,000–1,230,000 in the 12 months to November 2026; the building's median across all types is AED 1,534 per sqft.

Source: Dubai Land Department. Updated 4 December 2024.

Questions about 106, The Polo Residences E5

What did unit 106 last sell for?

AED 1,150,000 on 4 December 2024: AED 1,484 per sqft for 775 sqft. The unit has 4 registered sales; the first was AED 994,888 in November 2014.

What is the rent for unit 106?

AED 58,000 a year on the contract signed on 1 August 2023. The previous contract, from August 2022, was AED 57,000.

How big is unit 106?

775 sqft (72.0 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 E5 sold for AED 1,230,000 to 1,230,000 in the last 12 months, around AED 1,534 per sqft.

Selling 106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 106, The Polo Residences E5

Starts from the last sale price (AED 1.15M, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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