308, The Polo Residences B4
Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, The Polo Residences B4
What is 308 worth today?
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Source: Dubai Land Department. Updated 12 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,535 sqft
- Floor
- 3rd of 4
- Parking
- G-05
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 21,100 /yr
- Last sold
- AED 1.93M · January 2024
- Building
- The Polo Residences B4
About 308, The Polo Residences B4
308 is a two-bedroom apartment of 1,535 sqft on the 3rd floor of The Polo Residences B4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 12 January 2024 for AED 1,925,000, or AED 1,254 per sqft, 16% above the AED 1,078 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 101,175 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 21,100 a year.
Sales and rents for 308 over time
308 has sold 3 times; 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 B4, and where 308 sits
All 15 2-beds →308 last sold in January 2024 at AED 1,254 per sqft, 16% above what two-beds in The Polo Residences B4 were fetching at the time (AED 1,078). Over the last 12 months two-beds sold for AED 2,550,000 to 2,650,000, around AED 1,694 per sqft, and rent for AED 111,573 to 210,000 a year. 308's AED 101,175 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 1,534 sqft | 2,550,000 | 1,662 | ||
| 26 Dec 202526 December 2025 | 1,535 sqft | 2,650,000 | 1,726 | ||
| 23 Apr 202523 April 2025 | 1,534 sqft | 2,500,000 | 1,629 | ||
| 24 Jul 202424 July 2024 | 2,628 sqft | 3,130,000 | 1,190 |
The Polo Residences B4
Building30 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,694
- Typical sale
- AED 2.6M
- Typical rent
- AED 75K /yr
- Typical yield
- 5.3%
Other units on the 3rd floor
All 30 units in The Polo Residences B4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 814 sqft | AED 1.09MAED 1,091,670 · Dec 2014December 2014 | 70,000 /yr | |
| 302 | 2-bed | 1,494 sqft | AED 1.78MAED 1,783,650 · Apr 2015April 2015 | 148,000 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 940KAED 940,000 · Jul 2023July 2023 | 83,000 /yr | |
| 304 | 1-bed | 826 sqft | AED 1.1MAED 1,095,921 · Dec 2014December 2014 | 75,000 /yr | |
| 305 | 1-bed | 821 sqft | AED 1.09MAED 1,091,421 · Dec 2014December 2014 | 63,000 /yr | |
| 306 | 1-bed | 821 sqft | AED 1.09MAED 1,091,421 · Dec 2014December 2014 | 80,000 /yr | |
| 307 | 2-bed | 1,534 sqft | AED 2.55MAED 2,550,000 · May 2026May 2026 | 121,000 /yr | |
| 309 | 1-bed | 814 sqft | AED 1.09MAED 1,091,670 · Dec 2014December 2014 | 75,000 /yr |
308, The Polo Residences B4 in numbers
- Sold 3 times: first on 10 July 2017 for AED 1,987,313, last on 12 January 2024 for AED 1,925,000 (AED 1,254 per sqft).
- Rented since August 2021 on 3 Ejari contracts, from AED 85,000 to AED 101,175 a year.
- At AED 101,175 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 21,100 a year (AED 13.76 per sqft).
- Two-beds in The Polo Residences B4 sold for AED 2,550,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,694 per sqft.
Source: Dubai Land Department. Updated 12 January 2024.
Questions about 308, The Polo Residences B4
What did unit 308 last sell for?
AED 1,925,000 on 12 January 2024: AED 1,254 per sqft for 1,535 sqft. The unit has 3 registered sales; the first was AED 1,987,313 in July 2017.
What is the rent for unit 308?
AED 101,175 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 93,500; the unit has been rented since August 2021.
How big is unit 308?
1,535 sqft (142.6 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. Two-beds in The Polo Residences B4 sold for AED 2,550,000 to 2,650,000 in the last 12 months, around AED 1,694 per sqft.
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Mortgage on 308, The Polo Residences B4
Starts from the last sale price (AED 1.93M, 12 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,925,000
- Deposit, UAE resident (20%)
- AED 385,000
- Deposit, non-resident (40%)
- AED 770,000
- Monthly over 25 years at 3.7%
- AED 7,876
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →