2-bed · 1,535 sqftThe Polo Residences B5, Meydan City · 3rd floor · completed 2017

302, The Polo Residences B5

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 18 January 2023
Last soldAED 2M18 January 2023
Current rentAED 94K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, The Polo Residences B5

What is 302 worth today?

Last sold for AED 2,000,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Jan 2023SoldReady
AED 2,000,000AED 1,303 per sqft
15 Oct 2021RentedRenewal
AED 94,286/yr14 months · AED 61 per sqft
15 Sep 2020RentedRenewal
AED 101,538/yr13 months · AED 66 per sqft
15 Sep 2019RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
15 Sep 2018RentedRenewal
AED 120,000/yr12 months · AED 78 per sqft
25 Sep 2017Sold by developerReady
AED 1,674,750AED 1,091 per sqft
15 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 18 January 2023.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
3rd of 4
Parking
G-08
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,600 /yr
Last sold
AED 2M · January 2023

About 302, The Polo Residences B5

302 is a two-bedroom apartment of 1,535 sqft on the 3rd floor of The Polo Residences B5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 18 January 2023 for AED 2,000,000, or AED 1,303 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 94,286 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 21,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in The Polo Residences B5
1.5M2M20172019202120232025Typical sale price by year: 2017 AED 1,882,036; 2018 AED 1,640,000; 2020 AED 1,575,000; 2024 AED 2,200,000Sold by developer, September 2017: AED 1,674,750 (AED 1,091 per sqft)Sold, January 2023: AED 2,000,000 (AED 1,303 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in The Polo Residences B5
100K150K2017202020232026Typical rent by year: 2018 AED 106,250; 2019 AED 101,500; 2020 AED 100,000; 2021 AED 87,000; 2022 AED 95,375; 2023 AED 117,500; 2024 AED 117,875; 2025 AED 147,500; 2026 AED 145,000New contract, September 2017: AED 120,000 a yearRenewal, September 2018: AED 120,000 a yearRenewal, September 2019: AED 110,000 a yearRenewal, September 2020: AED 101,538 a yearRenewal, October 2021: AED 94,286 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 B5, and where 302 sits

All 14 2-beds →

Over the last 12 months two-beds sold for AED 2,100,000 to 2,600,000, around AED 1,531 per sqft, and rent for AED 135,000 to 205,000 a year. 302's AED 94,286 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20262,100,000
14 Dec 20252,600,000
16 Dec 20242,200,000
29 Oct 20242,950,000
2 2-bed sales in the last 12 months

The Polo Residences B5

Building

30 apartments, 1-bed to 3-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 1,705
Typical sale
AED 1.87M
Typical rent
AED 85K /yr
Typical yield
5.5%
The Polo Residences B5, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences B5
Value
3011-bedAED 1.01M · May 2017
3032-bedAED 2.6M · Dec 2025
3041-bedAED 1.17M · Mar 2017
3051-bedAED 1.22M · Mar 2017
3061-bedAED 1.63M · Apr 2026
3072-bedAED 1.72M · Jan 2018
3082-bedAED 2.25M · Aug 2024
1–7 of 8

302, The Polo Residences B5 in numbers

  • Sold twice: first on 25 September 2017 for AED 1,674,750, last on 18 January 2023 for AED 2,000,000 (AED 1,303 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 120,000 to AED 94,286 a year.
  • At AED 94,286 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 21,600 a year (AED 14.05 per sqft).
  • Two-beds in The Polo Residences B5 sold for AED 2,100,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,705 per sqft.

Source: Dubai Land Department. Updated 18 January 2023.

Questions about 302, The Polo Residences B5

What did unit 302 last sell for?

AED 2,000,000 on 18 January 2023: AED 1,303 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,674,750 in September 2017.

What is the rent for unit 302?

AED 94,286 a year on the contract renewed on 15 October 2021. The previous contract, from September 2020, was AED 101,538; the unit has been rented since September 2017.

How big is unit 302?

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 302 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 B5 sold for AED 2,100,000 to 2,600,000 in the last 12 months, around AED 1,531 per sqft.

Selling 302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 302, The Polo Residences B5

Starts from the last sale price (AED 2M, 18 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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