2-bed · 1,534 sqftThe Polo Residences A1, Meydan City · 3rd floor · completed 2017

303, The Polo Residences A1

Sold prices and rental history: sold twice, last in January 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 21 January 2021
Last soldAED 1.35M21 January 2021
Current rentAED 85K /yr11 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, The Polo Residences A1

What is 303 worth today?

Last sold for AED 1,350,000 in 2021

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21 Jan 2021SoldReady
AED 1,350,000AED 880 per sqft
11 Dec 2019RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
31 Aug 2018RentedRenewal
AED 101,970/yr13 months · AED 66 per sqft
1 Jul 2017RentedNew contract
AED 98,799/yr14 months · AED 64 per sqft
20 Oct 2015Sold by developerOff-plan
AED 2,035,000AED 1,326 per sqft

Source: Dubai Land Department. Updated 21 January 2021.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
3rd of 4
Parking
G-07
Developer
IGO Property Development
Completed
2017
Service charge
AED 25,800 /yr
Last sold
AED 1.35M · January 2021

About 303, The Polo Residences A1

303 is a two-bedroom apartment of 1,534 sqft on the 3rd floor of The Polo Residences A1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 21 January 2021 for AED 1,350,000, or AED 880 per sqft, in line with the AED 880 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 11 December 2019, is AED 85,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 25,800 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in The Polo Residences A1
2M2015201820212024Typical sale price by year: 2015 AED 2,035,000; 2017 AED 1,764,928; 2021 AED 1,325,000; 2024 AED 2,600,000; 2025 AED 2,615,000Sold by developer, October 2015: AED 2,035,000 (AED 1,326 per sqft)Sold, January 2021: AED 1,350,000 (AED 880 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in The Polo Residences A1
100K150K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 85,000; 2021 AED 86,500; 2022 AED 90,300; 2023 AED 94,875; 2024 AED 124,000; 2025 AED 147,500; 2026 AED 151,000New contract, July 2017: AED 98,799 a yearRenewal, August 2018: AED 101,970 a yearNew contract, December 2019: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Polo Residences A1, and where 303 sits

All 16 2-beds →

303 last sold in January 2021 at AED 880 per sqft, in line with what two-beds in The Polo Residences A1 were fetching at the time (AED 880). Over the last 12 months two-beds sold for AED 2,615,000, around AED 1,704 per sqft, and rent for AED 130,000 to 165,000 a year. 303's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Nov 20252,615,000
14 Jul 20252,400,000
11 Mar 20253,000,000
3 Oct 20242,550,000
1 2-bed sale in the last 12 months

The Polo Residences A1

Building

31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,712
Typical sale
AED 2.08M
Typical rent
AED 100K /yr
Typical yield
6.0%
The Polo Residences A1, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences A1
Value
3011-bedAED 924K · Jan 2018
3022-bedAED 1.3M · Mar 2021
3041-bedAED 930K · Aug 2022
3051-bedAED 1.2M · Dec 2023
3061-bedAED 1.55M · Dec 2025
3072-bedAED 2.55M · Oct 2024
3082-bedAED 1.2M · Nov 2020
1–7 of 8

303, The Polo Residences A1 in numbers

  • Sold twice: first on 20 October 2015 for AED 2,035,000, last on 21 January 2021 for AED 1,350,000 (AED 880 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 98,799 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 25,800 a year (AED 16.84 per sqft).
  • Two-beds in The Polo Residences A1 sold for AED 2,615,000–2,615,000 in the 12 months to November 2026; the building's median across all types is AED 1,712 per sqft.

Source: Dubai Land Department. Updated 21 January 2021.

Questions about 303, The Polo Residences A1

What did unit 303 last sell for?

AED 1,350,000 on 21 January 2021: AED 880 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 2,035,000 in October 2015.

What is the rent for unit 303?

AED 85,000 a year on the contract signed on 11 December 2019. The previous contract, from August 2018, was AED 101,970; the unit has been rented since July 2017.

How big is unit 303?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Polo Residences A1 sold for AED 2,615,000 to 2,615,000 in the last 12 months, around AED 1,704 per sqft.

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Mortgage on 303, The Polo Residences A1

Starts from the last sale price (AED 1.35M, 21 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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