1-bed · 417 sqftThe Polo Residences A1, Meydan City · 3rd floor · completed 2017

309, The Polo Residences A1

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

Unit 309 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 546K17 May 2017
Current rentAED 74K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, The Polo Residences A1

What is 309 worth today?

Last sold for AED 546,182 in 2017

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25 Aug 2025RentedNew contract
AED 74,000/yr12 months · AED 90 per sqft
22 Feb 2024RentedNew contract
AED 73,000/yr12 months · AED 89 per sqft
12 Oct 2021RentedRenewal
AED 57,000/yr12 months · AED 71 per sqft
12 Oct 2020RentedRenewal
AED 57,000/yr12 months · AED 71 per sqft
12 Oct 2019RentedNew contract
AED 68,000/yr12 months · AED 83 per sqft
12 Oct 2018RentedNew contract
AED 68,000/yr12 months · AED 83 per sqft
15 Sep 2017RentedNew contract
AED 68,000/yr12 months · AED 83 per sqft
17 May 2017SoldOff-plan
AED 546,182AED 1,308 per sqft

Source: Dubai Land Department. Updated 25 August 2025.

Key facts

Type
1-bed apartment
Size
417 sqft
Floor
3rd of 4
Parking
G-17
Developer
IGO Property Development
Completed
2017
Service charge
AED 7,000 /yr
Last sold
AED 546K · May 2017

About 309, The Polo Residences A1

309 is a one-bedroom apartment of 417 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 17 May 2017 for AED 546,182, or AED 1,308 per sqft, 5% above the AED 1,244 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 25 August 2025, is AED 74,000 a year: a gross yield of 13.6% on the 2017 price, before the service charge of about AED 7,000 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in The Polo Residences A1
500K1M2014201720202023Typical 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, June 2015: AED 1,092,364 (AED 1,342 per sqft)Sold, May 2017: AED 546,182 (AED 1,308 per sqft)

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

Rents
Unit 309, 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 68,000 a yearNew contract, October 2018: AED 68,000 a yearNew contract, October 2019: AED 68,000 a yearRenewal, October 2020: AED 57,000 a yearRenewal, October 2021: AED 57,000 a yearNew contract, February 2024: AED 73,000 a yearNew contract, August 2025: AED 74,000 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 309 sits

All 15 1-beds →

309 last sold in May 2017 at AED 1,308 per sqft, 5% above what one-beds in The Polo Residences A1 were fetching at the time (AED 1,244). 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. 309's AED 74,000 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
3041-bedAED 930K · Aug 2022
3051-bedAED 1.2M · Dec 2023
3061-bedAED 1.55M · Dec 2025
3072-bedAED 2.55M · Oct 2024
1–7 of 8

309, The Polo Residences A1 in numbers

  • Sold twice: first on 2 June 2015 for AED 1,092,364, last on 17 May 2017 for AED 546,182 (AED 1,308 per sqft).
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 57,000 in 2021 and recovered to AED 74,000 by August 2025.
  • At AED 74,000 a year the gross yield on the 2017 price is 13.6%, before a service charge of about AED 7,000 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 25 August 2025.

Questions about 309, The Polo Residences A1

What did unit 309 last sell for?

AED 546,182 on 17 May 2017: AED 1,308 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 1,092,364 in June 2015.

What is the rent for unit 309?

AED 74,000 a year on the contract signed on 25 August 2025. The previous contract, from February 2024, was AED 73,000; the unit has been rented since September 2017.

How big is unit 309?

417 sqft (38.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 309 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 309, The Polo Residences A1

Starts from the last sale price (AED 546K, 17 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 546,182
Deposit, UAE resident (20%)
AED 109,236
Deposit, non-resident (40%)
AED 218,473
Monthly over 25 years at 3.7%
AED 2,235

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