1-bed · 906 sqftThe Polo Residences A4, Meydan City · 3rd floor · completed 2017

306, The Polo Residences A4

Sold prices and rental history: sold twice, last in August 2023, 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 7 August 2023
Last soldAED 1.12M7 August 2023
Current rentAED 63K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, The Polo Residences A4

What is 306 worth today?

Last sold for AED 1,123,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Aug 2023SoldReady
AED 1,123,000AED 1,239 per sqft
1 Aug 2023RentedRenewal
AED 63,000/yr12 months · AED 70 per sqft
1 Aug 2022RentedNew contract
AED 63,000/yr12 months · AED 70 per sqft
5 Jul 2021RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
5 Jul 2020RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
9 Sep 2018RentedNew contract
AED 78,000/yr12 months · AED 86 per sqft
26 Apr 2018Sold by developerReady
AED 1,016,559AED 1,122 per sqft

Source: Dubai Land Department. Updated 7 August 2023.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
3rd of 4
Parking
G-31
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,700 /yr
Last sold
AED 1.12M · August 2023

About 306, The Polo Residences A4

306 is a one-bedroom apartment of 906 sqft on the 3rd floor of The Polo Residences A4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 7 August 2023 for AED 1,123,000, or AED 1,239 per sqft, in line with the AED 1,235 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 63,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 12,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in The Polo Residences A4
1M1.2M20182020202220242026Typical sale price by year: 2018 AED 990,710; 2023 AED 1,000,000; 2025 AED 1,297,500Sold by developer, April 2018: AED 1,016,559 (AED 1,122 per sqft)Sold, August 2023: AED 1,123,000 (AED 1,239 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 A4
60K80K100K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 59,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 60,000; 2024 AED 64,978; 2025 AED 95,000; 2026 AED 77,500New contract, September 2018: AED 78,000 a yearNew contract, July 2020: AED 60,000 a yearRenewal, July 2021: AED 60,000 a yearNew contract, August 2022: AED 63,000 a yearRenewal, August 2023: AED 63,000 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 A4, and where 306 sits

All 15 1-beds →

306 last sold in August 2023 at AED 1,239 per sqft, in line with what one-beds in The Polo Residences A4 were fetching at the time (AED 1,235). Over the last 12 months one-beds sold for AED 1,120,000 to 1,550,000, around AED 1,527 per sqft, and rent for AED 60,000 to 100,000 a year. 306's AED 63,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 20261,520,000
17 Dec 20251,550,000
28 Nov 20251,120,000
11 Nov 20251,120,000
4 1-bed sales in the last 12 months

The Polo Residences A4

Building

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

Typical price per sqft
AED 1,527
Typical sale
AED 1.32M
Typical rent
AED 85K /yr
Typical yield
6.0%
The Polo Residences A4, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences A4
Value
3011-bedAED 900K · Aug 2023
3022-bedAED 1.74M · Aug 2023
3032-bedAED 1.74M · Sep 2023
3041-bedAED 1.11M · Jul 2023
3051-bedAED 1.12M · Jul 2023
3072-bedAED 1.82M · Aug 2023
3082-bedAED 1.82M · Aug 2023
1–7 of 8

306, The Polo Residences A4 in numbers

  • Sold twice: first on 26 April 2018 for AED 1,016,559, last on 7 August 2023 for AED 1,123,000 (AED 1,239 per sqft).
  • Rented since September 2018 on 5 Ejari contracts, from AED 78,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 12,700 a year (AED 14.04 per sqft).
  • One-beds in The Polo Residences A4 sold for AED 1,120,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,527 per sqft.

Source: Dubai Land Department. Updated 7 August 2023.

Questions about 306, The Polo Residences A4

What did unit 306 last sell for?

AED 1,123,000 on 7 August 2023: AED 1,239 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 1,016,559 in April 2018.

What is the rent for unit 306?

AED 63,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 63,000; the unit has been rented since September 2018.

How big is unit 306?

906 sqft (84.2 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. One-beds in The Polo Residences A4 sold for AED 1,120,000 to 1,550,000 in the last 12 months, around AED 1,527 per sqft.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, The Polo Residences A4

Starts from the last sale price (AED 1.12M, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,123,000
Deposit, UAE resident (20%)
AED 224,600
Deposit, non-resident (40%)
AED 449,200
Monthly over 25 years at 3.7%
AED 4,595

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