2-bed · 1,533 sqftThe Polo Residences B3, Meydan City · 3rd floor · completed 2017

303, The Polo Residences B3

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 21 December 2022
Last soldAED 1.7M21 December 2022
Current rentAED 90K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, The Polo Residences B3

What is 303 worth today?

Last sold for AED 1,700,000 in 2022

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21 Dec 2022SoldReady
AED 1,700,000AED 1,108 per sqft
1 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Dec 2020RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
1 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
1 Jul 2018RentedRenewal
AED 115,000/yr12 months · AED 75 per sqft
1 Jul 2017RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
28 Oct 2014Sold by developerOff-plan
AED 1,954,680AED 1,274 per sqft

Source: Dubai Land Department. Updated 21 December 2022.

Key facts

Type
2-bed apartment
Size
1,533 sqft
Floor
3rd of 4
Parking
G-07
Developer
IGO Property Development
Completed
2017
Service charge
AED 23,400 /yr
Last sold
AED 1.7M · December 2022

About 303, The Polo Residences B3

303 is a two-bedroom apartment of 1,533 sqft on the 3rd floor of The Polo Residences B3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 21 December 2022 for AED 1,700,000, or AED 1,108 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 90,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 23,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in The Polo Residences B3
1.8M2M2014201720202023Typical sale price by year: 2014 AED 2,047,438; 2017 AED 1,754,566Sold by developer, October 2014: AED 1,954,680 (AED 1,274 per sqft)Sold, December 2022: AED 1,700,000 (AED 1,108 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in The Polo Residences B3
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 110,000; 2019 AED 102,500; 2020 AED 90,000; 2021 AED 94,500; 2022 AED 120,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 172,500New contract, July 2017: AED 115,000 a yearRenewal, July 2018: AED 115,000 a yearNew contract, December 2019: AED 90,000 a yearRenewal, December 2020: AED 85,000 a yearRenewal, December 2021: AED 90,000 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 B3, and where 303 sits

All 16 2-beds →

303's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Aug 20252,450,000
29 May 20252,500,000
17 Oct 20242,600,000
17 Sep 20243,100,000
0 2-bed sales in the last 12 months

The Polo Residences B3

Building

31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 70K /yr
Typical yield
The Polo Residences B3, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences B3
Value
3011-bedAED 1.09M · Dec 2014
3022-bedAED 1.95M · Dec 2014
3041-bedAED 1.1M · Dec 2014
3051-bedAED 1.09M · Dec 2014
3061-bedAED 1.09M · Dec 2014
3072-bedAED 1.91M · Jun 2015
3082-bedAED 1.91M · Jun 2015
1–7 of 8

303, The Polo Residences B3 in numbers

  • Sold twice: first on 28 October 2014 for AED 1,954,680, last on 21 December 2022 for AED 1,700,000 (AED 1,108 per sqft).
  • Rented since July 2017 on 5 Ejari contracts, from AED 115,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 23,400 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 21 December 2022.

Questions about 303, The Polo Residences B3

What did unit 303 last sell for?

AED 1,700,000 on 21 December 2022: AED 1,108 per sqft for 1,533 sqft. The unit has 2 registered sales; the first was AED 1,954,680 in October 2014.

What is the rent for unit 303?

AED 90,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 85,000; the unit has been rented since July 2017.

How big is unit 303?

1,533 sqft (142.4 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 303 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 303, The Polo Residences B3

Starts from the last sale price (AED 1.7M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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