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1-bed · 888 sqftThe Polo Residences E1, Meydan City · 3rd floor · completed 2017

309, The Polo Residences E1

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 1.17M15 October 2014
Current rentAED 71K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, The Polo Residences E1

What is 309 worth today?

Last sold for AED 1,168,362 in 2014

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7 Apr 2025RentedRenewal
AED 70,980/yr12 months · AED 80 per sqft
7 Apr 2024RentedRenewal
AED 67,600/yr12 months · AED 77 per sqft
7 Apr 2022RentedNew contract
AED 56,000/yr12 months · AED 63 per sqft
1 Apr 2020RentedNew contract
AED 56,000/yr12 months · AED 63 per sqft
15 Oct 2014Sold by developerOff-plan
AED 1,168,362AED 1,316 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
3rd of 4
Parking
G-08
Developer
IGO Property Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.17M · October 2014
Building
The Polo Residences E1

About 309, The Polo Residences E1

309 is a one-bedroom apartment of 888 sqft on the 3rd floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 15 October 2014 for AED 1,168,362, or AED 1,316 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 7 April 2025, is AED 70,980 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 14,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in The Polo Residences E1
750K1M1.25M2014201720202023Typical sale price by year: 2014 AED 988,968; 2018 AED 818,500; 2020 AED 660,000; 2022 AED 700,000Sold by developer, October 2014: AED 1,168,362 (AED 1,316 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in The Polo Residences E1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 65,000; 2024 AED 81,250; 2025 AED 87,250New contract, April 2020: AED 56,000 a yearNew contract, April 2022: AED 56,000 a yearRenewal, April 2024: AED 67,600 a yearRenewal, April 2025: AED 70,980 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 E1, and where 309 sits

All 14 1-beds →

Over the last 12 months one-beds sold for AED 1,550,000, around AED 1,718 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20251,550,000
6 Apr 2023512,500
31 Mar 2022606,113
31 Mar 2022700,000
1 1-bed sale in the last 12 months

The Polo Residences E1

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 1,718
Typical sale
AED 1.55M
Typical rent
AED 170K /yr
Typical yield
6.4%
The Polo Residences E1, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences E1
Value
3012-bedAED 2.4M · Mar 2025
3021-bedAED 700K · Mar 2022
3032-bedAED 1.75M · Oct 2017
3041-bedAED 700K · Sep 2020
3051-bedAED 650K · Oct 2020
3062-bedAED 2.4M · Aug 2024
307AED 1.55M · Nov 2025
1–7 of 8

309, The Polo Residences E1 in numbers

  • Sold once: by IGO Property Development on 15 October 2014 for AED 1,168,362, or AED 1,316 per sqft.
  • Rented since April 2020 on 4 Ejari contracts, from AED 56,000 to AED 70,980 a year.
  • At AED 70,980 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 14,800 a year (AED 16.63 per sqft).
  • One-beds in The Polo Residences E1 sold for AED 1,550,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,718 per sqft.

Source: Dubai Land Department. Updated 7 April 2025.

Questions about 309, The Polo Residences E1

What did unit 309 last sell for?

AED 1,168,362 on 15 October 2014, sold by the developer: AED 1,316 per sqft for 888 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 70,980 a year on the contract renewed on 7 April 2025. The previous contract, from April 2024, was AED 67,600; the unit has been rented since April 2020.

How big is unit 309?

888 sqft (82.5 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 309 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 E1 sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 309, The Polo Residences E1

Starts from the last sale price (AED 1.17M, 15 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,168,362
Deposit, UAE resident (20%)
AED 233,672
Deposit, non-resident (40%)
AED 467,345
Monthly over 25 years at 3.7%
AED 4,780

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