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

307, The Polo Residences A1

Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.55M3 October 2024
Current rentAED 90K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, The Polo Residences A1

What is 307 worth today?

Last sold for AED 2,550,000 in 2024

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3 Oct 2024SoldReady
AED 2,550,000AED 1,662 per sqft
20 Sep 2020SoldReady · flagged as an outlier
AED 1,200,000AED 782 per sqft
1 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
20 Oct 2015Sold by developerOff-plan
AED 2,035,000AED 1,326 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
3rd of 4
Parking
G-06
Developer
IGO Property Development
Completed
2017
Service charge
AED 25,800 /yr
Last sold
AED 2.55M · October 2024

About 307, The Polo Residences A1

307 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 3 October 2024 for AED 2,550,000, or AED 1,662 per sqft, 42% above the AED 1,171 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2020. The current contract, signed on 1 January 2020, is AED 90,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 25,800 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, October 2024: AED 2,550,000 (AED 1,662 per sqft)

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

Rents
Unit 307, 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, January 2020: AED 90,000 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 307 sits

All 16 2-beds →

307 last sold in October 2024 at AED 1,662 per sqft, 42% above what two-beds in The Polo Residences A1 were fetching at the time (AED 1,171). 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. 307's AED 90,000 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
5 Jun 20242,750,000
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
3032-bedAED 1.35M · Jan 2021
3041-bedAED 930K · Aug 2022
3051-bedAED 1.2M · Dec 2023
3061-bedAED 1.55M · Dec 2025
3082-bedAED 1.2M · Nov 2020
1–7 of 8

307, The Polo Residences A1 in numbers

  • Sold 3 times: first on 20 October 2015 for AED 2,035,000, last on 3 October 2024 for AED 2,550,000 (AED 1,662 per sqft).
  • Rented since January 2020 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 3.5%, 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 3 October 2024.

Questions about 307, The Polo Residences A1

What did unit 307 last sell for?

AED 2,550,000 on 3 October 2024: AED 1,662 per sqft for 1,534 sqft. The unit has 3 registered sales; the first was AED 2,035,000 in October 2015.

What is the rent for unit 307?

AED 90,000 a year on the contract signed on 1 January 2020.

How big is unit 307?

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 307 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 307, The Polo Residences A1

Starts from the last sale price (AED 2.55M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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