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2-bed · 1,534 sqftThe Polo Residences A4, Meydan City · 3rd floor · completed 2017

307, 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 307 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.82M1 August 2023
Current rentAED 95K /yr6 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, The Polo Residences A4

What is 307 worth today?

Last sold for AED 1,815,000 in 2023

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1 Aug 2023SoldReady
AED 1,815,000AED 1,183 per sqft
6 Dec 2022RentedRenewal
AED 94,710/yr12 months · AED 62 per sqft
6 Dec 2021RentedRenewal
AED 90,200/yr12 months · AED 59 per sqft
6 Dec 2020RentedNew contract
AED 88,000/yr12 months · AED 57 per sqft
6 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
26 Apr 2018Sold by developerReady
AED 1,722,087AED 1,122 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

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 21,500 /yr
Last sold
AED 1.82M · August 2023
Building
The Polo Residences A4

About 307, The Polo Residences A4

307 is a two-bedroom apartment of 1,534 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 1 August 2023 for AED 1,815,000, or AED 1,183 per sqft, in line with the AED 1,183 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 6 December 2022, is AED 94,710 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 21,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in The Polo Residences A4
1.75M1.8M2018202020222024Typical sale price by year: 2018 AED 1,722,087; 2023 AED 1,778,500Sold by developer, April 2018: AED 1,722,087 (AED 1,122 per sqft)Sold, August 2023: AED 1,815,000 (AED 1,183 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 A4
100K150K20182020202220242026Typical rent by year: 2018 AED 110,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 90,100; 2022 AED 94,710; 2023 AED 100,000; 2024 AED 163,500; 2025 AED 157,000New contract, December 2018: AED 100,000 a yearNew contract, December 2020: AED 88,000 a yearRenewal, December 2021: AED 90,200 a yearRenewal, December 2022: AED 94,710 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 A4, and where 307 sits

All 16 2-beds →

307 last sold in August 2023 at AED 1,183 per sqft, in line with what two-beds in The Polo Residences A4 were fetching at the time (AED 1,183).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Feb 20242,700,000
12 Oct 20231,691,000
3 Oct 20231,691,000
9 Sep 20231,743,000
0 2-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
3061-bedAED 1.12M · Aug 2023
3082-bedAED 1.82M · Aug 2023
1–7 of 8

307, The Polo Residences A4 in numbers

  • Sold twice: first on 26 April 2018 for AED 1,722,087, last on 1 August 2023 for AED 1,815,000 (AED 1,183 per sqft).
  • Rented since December 2018 on 4 Ejari contracts, from AED 100,000 to AED 94,710 a year.
  • At AED 94,710 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 21,500 a year (AED 14.04 per sqft).

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 307, The Polo Residences A4

What did unit 307 last sell for?

AED 1,815,000 on 1 August 2023: AED 1,183 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,722,087 in April 2018.

What is the rent for unit 307?

AED 94,710 a year on the contract renewed on 6 December 2022. The previous contract, from December 2021, was AED 90,200; the unit has been rented since December 2018.

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.

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Mortgage on 307, The Polo Residences A4

Starts from the last sale price (AED 1.82M, 1 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,815,000
Deposit, UAE resident (20%)
AED 363,000
Deposit, non-resident (40%)
AED 726,000
Monthly over 25 years at 3.7%
AED 7,426

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