Evolution produces massive network traffic with IMAP accounts

Since upgrading to Ubuntu 16.04, Evolution generates excessive traffic with a only few (5-7) imap accounts.

E.g. RX bytes:98361856545 (98.3 GB) for a computer with 5h uptime.

Most traffic seems to be generated when you open any folder.
E.g.:
1. Click on the "Sent" folder
2. Wait for it to finish loading
3. Click on "Inbox"
4. Wait for it to finish loading

about 1GB of traffic generated.

Upon speaking with @mcrha on #evolution, it seems that the following might be related with this abnormal behaviour:
https://git.gnome.org/browse/evolution-data-server/commit/?id=f153b7560f

ProblemType: Bug
DistroRelease: Ubuntu 16.04
Package: evolution 3.18.5.2-0ubuntu3.2
ProcVersionSignature: Ubuntu 3.13.0-85.129-generic 3.13.11-ckt36
Uname: Linux 3.13.0-85-generic x86_64
ApportVersion: 2.20.1-0ubuntu2.6
Architecture: amd64
CurrentDesktop: Unity
Date: Mon Jun 19 14:30:57 2017
InstallationDate: Installed on 2015-02-04 (866 days ago)
InstallationMedia: Ubuntu 14.04.1 LTS "Trusty Tahr" - Release amd64 (20140722.2)
SourcePackage: evolution
UpgradeStatus: Upgraded to xenial on 2017-04-27 (52 days ago)