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1-bed · 906 sqftThe Polo Residences A1, Meydan City · 3rd floor · completed 2017

304, The Polo Residences A1

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 9 August 2022
Last soldAED 930K9 August 2022
Current rentAED 53K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, The Polo Residences A1

What is 304 worth today?

Last sold for AED 930,000 in 2022

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9 Aug 2022SoldReady
AED 930,000AED 1,026 per sqft
1 Aug 2020RentedNew contract
AED 53,000/yr12 months · AED 59 per sqft
6 Oct 2019RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
6 Oct 2018RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
26 Sep 2017RentedNew contract
AED 77,000/yr12 months · AED 85 per sqft
18 Oct 2014Sold by developerOff-plan
AED 1,223,850AED 1,350 per sqft

Source: Dubai Land Department. Updated 9 August 2022.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
3rd of 4
Parking
G-20
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,300 /yr
Last sold
AED 930K · August 2022
Building
The Polo Residences A1

About 304, The Polo Residences A1

304 is a one-bedroom apartment of 906 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 9 August 2022 for AED 930,000, or AED 1,026 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 August 2020, is AED 53,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 15,300 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in The Polo Residences A1
1M1.2M2014201720202023Typical sale price by year: 2014 AED 1,223,850; 2015 AED 1,092,364; 2016 AED 1,077,633; 2017 AED 1,050,000; 2023 AED 1,117,500Sold by developer, October 2014: AED 1,223,850 (AED 1,350 per sqft)Sold, August 2022: AED 930,000 (AED 1,026 per sqft)

304 has sold twice; 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 A1
50K75K100K2017202020232026Typical rent by year: 2017 AED 76,000; 2018 AED 72,000; 2019 AED 64,000; 2020 AED 51,500; 2021 AED 55,000; 2022 AED 60,000; 2023 AED 57,000; 2024 AED 79,000; 2025 AED 91,000; 2026 AED 96,000New contract, September 2017: AED 77,000 a yearNew contract, October 2018: AED 72,000 a yearRenewal, October 2019: AED 72,000 a yearNew contract, August 2020: AED 53,000 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 A1, and where 304 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 1,550,000, around AED 1,720 per sqft, and rent for AED 90,000 to 100,000 a year. 304's AED 53,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Dec 20251,550,000
4 Mar 20251,165,000
14 Dec 20231,200,000
26 Sep 2023950,000
1 1-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
3032-bedAED 1.35M · Jan 2021
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

304, The Polo Residences A1 in numbers

  • Sold twice: first on 18 October 2014 for AED 1,223,850, last on 9 August 2022 for AED 930,000 (AED 1,026 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 77,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 15,300 a year (AED 16.84 per sqft).
  • One-beds in The Polo Residences A1 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 1,712 per sqft.

Source: Dubai Land Department. Updated 9 August 2022.

Questions about 304, The Polo Residences A1

What did unit 304 last sell for?

AED 930,000 on 9 August 2022: AED 1,026 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 1,223,850 in October 2014.

What is the rent for unit 304?

AED 53,000 a year on the contract signed on 1 August 2020. The previous contract, from October 2019, was AED 72,000; the unit has been rented since September 2017.

How big is unit 304?

906 sqft (84.2 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. One-beds in The Polo Residences A1 sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 1,720 per sqft.

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Mortgage on 304, The Polo Residences A1

Starts from the last sale price (AED 930K, 9 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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