1-bed · 814 sqftThe Polo Residences A4, Meydan City · 3rd floor · completed 2017

309, The Polo Residences A4

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 4 September 2023
Last soldAED 1M4 September 2023
Current rentAED 55K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, The Polo Residences A4

What is 309 worth today?

Last sold for AED 1,000,000 in 2023

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4 Sep 2023SoldReady
AED 1,000,000AED 1,228 per sqft
1 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
1 Nov 2020RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
1 Nov 2019RentedNew contract
AED 53,000/yr12 months · AED 65 per sqft
21 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
26 Apr 2018Sold by developerReady
AED 913,285AED 1,122 per sqft

Source: Dubai Land Department. Updated 4 September 2023.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
3rd of 4
Parking
G-30
Developer
IGO Property Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 1M · September 2023

About 309, The Polo Residences A4

309 is a one-bedroom apartment of 814 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 4 September 2023 for AED 1,000,000, or AED 1,228 per sqft, 10% above the AED 1,117 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 November 2022, is AED 55,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 11,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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 913,285 (AED 1,122 per sqft)Sold, September 2023: AED 1,000,000 (AED 1,228 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 A4
50K75K100K2018202120242027Typical 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, June 2018: AED 70,000 a yearNew contract, November 2019: AED 53,000 a yearRenewal, November 2020: AED 50,000 a yearNew contract, November 2022: AED 55,000 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 309 sits

All 15 1-beds →

309 last sold in September 2023 at AED 1,228 per sqft, 10% above what one-beds in The Polo Residences A4 were fetching at the time (AED 1,117). 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. 309's AED 55,000 is at the bottom 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
3061-bedAED 1.12M · Aug 2023
3072-bedAED 1.82M · Aug 2023
1–7 of 8

309, The Polo Residences A4 in numbers

  • Sold twice: first on 26 April 2018 for AED 913,285, last on 4 September 2023 for AED 1,000,000 (AED 1,228 per sqft).
  • Rented since June 2018 on 4 Ejari contracts, from AED 70,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 11,400 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 4 September 2023.

Questions about 309, The Polo Residences A4

What did unit 309 last sell for?

AED 1,000,000 on 4 September 2023: AED 1,228 per sqft for 814 sqft. The unit has 2 registered sales; the first was AED 913,285 in April 2018.

What is the rent for unit 309?

AED 55,000 a year on the contract signed on 1 November 2022. The previous contract, from November 2020, was AED 50,000; the unit has been rented since June 2018.

How big is unit 309?

814 sqft (75.6 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 A4 sold for AED 1,120,000 to 1,550,000 in the last 12 months, around AED 1,527 per sqft.

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Mortgage on 309, The Polo Residences A4

Starts from the last sale price (AED 1M, 4 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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