308, The Polo Residences A4
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, The Polo Residences A4
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,494 sqft
- Floor
- 3rd of 4
- Parking
- G-05
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.82M · August 2023
- Building
- The Polo Residences A4
About 308, The Polo Residences A4
308 is a two-bedroom apartment of 1,494 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 1,215 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 2019 on 4 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 99,225 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 21,000 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 308 sits
All 16 2-beds →308 last sold in August 2023 at AED 1,215 per sqft, in line with what two-beds in The Polo Residences A4 were fetching at the time (AED 1,183).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Feb 202429 February 2024 | 2,635 sqft | 2,700,000 | 1,024 | ||
| 12 Oct 202312 October 2023 | 1,535 sqft | 1,691,000 | 1,101 | ||
| 3 Oct 20233 October 2023 | 1,534 sqft | 1,691,000 | 1,102 | ||
| 9 Sep 20239 September 2023 | 1,534 sqft | 1,743,000 | 1,136 |
The Polo Residences A4
Building31 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%
Other units on the 3rd floor
All 31 units in The Polo Residences A4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 814 sqft | AED 900KAED 900,000 · Aug 2023August 2023 | 85,000 /yr | |
| 302 | 2-bed | 1,535 sqft | AED 1.74MAED 1,743,000 · Aug 2023August 2023 | 104,150 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 1.74MAED 1,743,000 · Sep 2023September 2023 | 157,000 /yr | |
| 304 | 1-bed | 901 sqft | AED 1.11MAED 1,113,000 · Jul 2023July 2023 | 87,000 /yr | |
| 305 | 1-bed | 883 sqft | AED 1.12MAED 1,118,000 · Jul 2023July 2023 | 80,000 /yr | |
| 306 | 1-bed | 906 sqft | AED 1.12MAED 1,123,000 · Aug 2023August 2023 | 63,000 /yr | |
| 307 | 2-bed | 1,534 sqft | AED 1.82MAED 1,815,000 · Aug 2023August 2023 | 94,710 /yr | |
| 309 | 1-bed | 814 sqft | AED 1MAED 1,000,000 · Sep 2023September 2023 | 55,000 /yr |
308, The Polo Residences A4 in numbers
- Sold twice: first on 26 April 2018 for AED 1,676,187, last on 1 August 2023 for AED 1,815,000 (AED 1,215 per sqft).
- Rented since February 2019 on 4 Ejari contracts, from AED 100,000 to AED 99,225 a year.
- At AED 99,225 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 21,000 a year (AED 14.04 per sqft).
Source: Dubai Land Department. Updated 1 August 2023.
Questions about 308, The Polo Residences A4
What did unit 308 last sell for?
AED 1,815,000 on 1 August 2023: AED 1,215 per sqft for 1,494 sqft. The unit has 2 registered sales; the first was AED 1,676,187 in April 2018.
What is the rent for unit 308?
AED 99,225 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 94,500; the unit has been rented since February 2019.
How big is unit 308?
1,494 sqft (138.8 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.
What is unit 308 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 308, 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 →