1-bed · 821 sqftThe Polo Residences E3, Meydan City · 3rd floor · completed 2017

306, The Polo Residences E3

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

Unit 306 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 960K6 March 2017
Current rentAED 82K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, The Polo Residences E3

What is 306 worth today?

Last sold for AED 960,000 in 2017

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1 Mar 2024RentedNew contract
AED 82,000/yr12 months · AED 100 per sqft
20 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 85 per sqft
20 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 85 per sqft
20 Jan 2022RentedNew contract
AED 57,750/yr12 months · AED 71 per sqft
26 Dec 2020RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
26 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
29 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
6 Mar 2017SoldOff-plan
AED 960,000AED 1,169 per sqft

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

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 4
Parking
G-18
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,600 /yr
Last sold
AED 960K · March 2017

About 306, The Polo Residences E3

306 is a one-bedroom apartment of 821 sqft on the 3rd floor of The Polo Residences E3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 6 March 2017 for AED 960,000, or AED 1,169 per sqft, in line with the AED 1,169 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 March 2024, is AED 82,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 15,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, October 2015: AED 888,657 (AED 1,083 per sqft)Sold, March 2017: AED 960,000 (AED 1,169 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in The Polo Residences E3
60K80K2017202020232026Typical 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, November 2018: AED 65,000 a yearNew contract, December 2019: AED 55,000 a yearRenewal, December 2020: AED 50,000 a yearNew contract, January 2022: AED 57,750 a yearNew contract, January 2023: AED 70,000 a yearNew contract, January 2023: AED 70,000 a yearNew contract, March 2024: AED 82,000 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 306 sits

All 15 1-beds →

306 last sold in March 2017 at AED 1,169 per sqft, in line with 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 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
3041-bedAED 1.01M · Feb 2015
3051-bedAED 906K · Jan 2015
3072-bedAED 750K · Oct 2022
3082-bedAED 1.15M · Mar 2022
1–7 of 8

306, The Polo Residences E3 in numbers

  • Sold twice: first on 28 October 2015 for AED 888,657, last on 6 March 2017 for AED 960,000 (AED 1,169 per sqft).
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2020 and recovered to AED 82,000 by March 2024.
  • At AED 82,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 15,600 a year (AED 19.00 per sqft).

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

Questions about 306, The Polo Residences E3

What did unit 306 last sell for?

AED 960,000 on 6 March 2017: AED 1,169 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 888,657 in October 2015.

What is the rent for unit 306?

AED 82,000 a year on the contract signed on 1 March 2024. The previous contract, from January 2023, was AED 70,000; the unit has been rented since November 2018.

How big is unit 306?

821 sqft (76.3 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 306 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 306, The Polo Residences E3

Starts from the last sale price (AED 960K, 6 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

Plus AED 45,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →