1-bed · 826 sqftThe Polo Residences E3, Meydan City · 3rd floor · completed 2017

304, The Polo Residences E3

Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.01M15 February 2015
Current rentAED 55K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The Polo Residences E3

What is 304 worth today?

Last sold for AED 1,011,372 in 2015

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1 Nov 2024RentedNew contract
AED 55,200/yr12 months · AED 67 per sqft
1 Nov 2022RentedNew contract
AED 44,000/yr12 months · AED 53 per sqft
1 Nov 2021RentedNew contract
AED 41,000/yr12 months · AED 49 per sqft
1 Jun 2020RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
15 Feb 2015Sold by developerOff-plan
AED 1,011,372AED 1,224 per sqft

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

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
3rd of 4
Parking
G-20
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,700 /yr
Last sold
AED 1.01M · February 2015

About 304, The Polo Residences E3

304 is a one-bedroom apartment of 826 sqft on the 3rd floor of The Polo Residences E3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 15 February 2015 for AED 1,011,372, or AED 1,224 per sqft, 4% below the AED 1,281 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 55,200 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 15,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2015: AED 1,011,372 (AED 1,224 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in The Polo Residences E3
40K60K2017202020232026Typical 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 72,000Renewal, June 2020: AED 50,000 a yearNew contract, November 2021: AED 41,000 a yearNew contract, November 2022: AED 44,000 a yearNew contract, November 2024: AED 55,200 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 304 sits

All 15 1-beds →

304 last sold in February 2015 at AED 1,224 per sqft, 4% below what one-beds in The Polo Residences E3 were fetching at the time (AED 1,281).

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 3rd floor

All 31 units in The Polo Residences E3
Value
3011-bedAED 780K · Nov 2022
3022-bedAED 1.77M · Jul 2023
3032-bedAED 2.55M · Jan 2026
3051-bedAED 906K · Jan 2015
3061-bedAED 960K · Mar 2017
3072-bedAED 750K · Oct 2022
3082-bedAED 1.15M · Mar 2022
1–7 of 8

304, The Polo Residences E3 in numbers

  • Sold once: by IGO Property Development on 15 February 2015 for AED 1,011,372, or AED 1,224 per sqft.
  • Rented since June 2020 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 41,000 in 2021 and recovered to AED 55,200 by November 2024.
  • At AED 55,200 a year the gross yield on the 2015 price is 5.5%, 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 November 2024.

Questions about 304, The Polo Residences E3

What did unit 304 last sell for?

AED 1,011,372 on 15 February 2015, sold by the developer: AED 1,224 per sqft for 826 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 55,200 a year on the contract signed on 1 November 2024. The previous contract, from November 2022, was AED 44,000; the unit has been rented since June 2020.

How big is unit 304?

826 sqft (76.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 304 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 304, The Polo Residences E3

Starts from the last sale price (AED 1.01M, 15 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,011,372
Deposit, UAE resident (20%)
AED 202,274
Deposit, non-resident (40%)
AED 404,549
Monthly over 25 years at 3.7%
AED 4,138

Plus AED 47,488 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →