1-bed · 826 sqftThe Polo Residences E3, Meydan City · 2nd floor · completed 2017

204, The Polo Residences E3

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 930K7 October 2017
Current rentAED 57K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, The Polo Residences E3

What is 204 worth today?

Last sold for AED 930,000 in 2017

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1 Jan 2024RentedRenewal
AED 57,000/yr12 months · AED 69 per sqft
1 Jan 2023RentedRenewal
AED 57,000/yr12 months · AED 69 per sqft
1 Jan 2021RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
1 Feb 2018RentedNew contract
AED 73,000/yr12 months · AED 88 per sqft
7 Oct 2017SoldOff-plan
AED 930,000AED 1,126 per sqft
4 Jun 2015Sold by developerOff-plan
AED 919,624AED 1,113 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2024.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
2nd of 4
Parking
G-28
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,700 /yr
Last sold
AED 930K · October 2017

About 204, The Polo Residences E3

204 is a one-bedroom apartment of 826 sqft on the 2nd floor of The Polo Residences E3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 7 October 2017 for AED 930,000, or AED 1,126 per sqft, 4% below the AED 1,169 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 57,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 15,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in The Polo Residences E3
800K1M20142017202020232026Typical sale price by year: 2014 AED 1,051,369; 2015 AED 912,710; 2017 AED 960,000; 2022 AED 780,000; 2025 AED 1,090,000Sold by developer, June 2015: AED 919,624 (AED 1,113 per sqft)Sold, October 2017: AED 930,000 (AED 1,126 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in The Polo Residences E3
60K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 51,000; 2021 AED 50,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 63,525; 2025 AED 72,000New contract, February 2018: AED 73,000 a yearNew contract, January 2021: AED 52,000 a yearRenewal, January 2023: AED 57,000 a yearRenewal, January 2024: AED 57,000 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 E3, and where 204 sits

All 15 1-beds →

204 last sold in October 2017 at AED 1,126 per sqft, 4% below what one-beds in The Polo Residences E3 were fetching at the time (AED 1,169).

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 20251,070,000
7 Feb 20251,200,000
10 Jan 20251,090,000
20 Jun 2023920,000
0 1-bed sales in the last 12 months

The Polo Residences E3

Building

31 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 1,662
Typical sale
AED 2.55M
Typical rent
AED 100K /yr
Typical yield
7.4%
The Polo Residences E3, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 31 units in The Polo Residences E3
Value
2011-bedAED 920K · Jun 2023
2022-bedAED 1.75M · Apr 2018
2032-bedAED 2.03M · Nov 2023
2051-bedAED 650K · Feb 2020
2061-bedAED 1.09M · Jan 2025
2072-bedAED 1.95M · Sep 2023
208AED 2.6M · Oct 2025
1–7 of 8

204, The Polo Residences E3 in numbers

  • Sold twice: first on 4 June 2015 for AED 919,624, last on 7 October 2017 for AED 930,000 (AED 1,126 per sqft).
  • Rented since February 2018 on 4 Ejari contracts, from AED 73,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 15,700 a year (AED 19.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2024.

Questions about 204, The Polo Residences E3

What did unit 204 last sell for?

AED 930,000 on 7 October 2017: AED 1,126 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 919,624 in June 2015.

What is the rent for unit 204?

AED 57,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 57,000; the unit has been rented since February 2018.

How big is unit 204?

826 sqft (76.7 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 204, The Polo Residences E3

Starts from the last sale price (AED 930K, 7 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

Plus AED 44,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →