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

308, The Polo Residences B5

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 2.25M26 August 2024
Current rentAED 150K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Polo Residences B5

What is 308 worth today?

Last sold for AED 2,250,000 in 2024

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1 Sep 2025RentedRenewal
AED 150,000/yr12 months · AED 97 per sqft
1 Sep 2024RentedRenewal
AED 109,250/yr12 months · AED 71 per sqft
26 Aug 2024SoldReady
AED 2,250,000AED 1,466 per sqft
1 Sep 2023RentedRenewal
AED 95,000/yr12 months · AED 62 per sqft
1 Sep 2022RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
12 Nov 2020SoldReady
AED 1,010,000AED 658 per sqft
1 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

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 21,600 /yr
Last sold
AED 2.25M · August 2024

About 308, The Polo Residences B5

308 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 26 August 2024 for AED 2,250,000, or AED 1,466 per sqft, 8% above the AED 1,354 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 150,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 21,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in The Polo Residences B5
1M2M201720202023Typical 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, March 2019: AED 1,200,000 (AED 781 per sqft)Sold, November 2020: AED 1,010,000 (AED 658 per sqft)Sold, August 2024: AED 2,250,000 (AED 1,466 per sqft)

308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in The Polo Residences B5
100K150K2018202120242027Typical 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, July 2019: AED 95,000 a yearNew contract, September 2020: AED 80,000 a yearRenewal, September 2021: AED 80,000 a yearRenewal, September 2022: AED 85,000 a yearRenewal, September 2023: AED 95,000 a yearRenewal, September 2024: AED 109,250 a yearRenewal, September 2025: AED 150,000 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 B5, and where 308 sits

All 14 2-beds →

308 last sold in August 2024 at AED 1,466 per sqft, 8% above what two-beds in The Polo Residences B5 were fetching at the time (AED 1,354). 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. 308's AED 150,000 is in the lower half 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
3022-bedAED 2M · Jan 2023
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
1–7 of 8

308, The Polo Residences B5 in numbers

  • Sold 3 times: first on 26 March 2019 for AED 1,200,000, last on 26 August 2024 for AED 2,250,000 (AED 1,466 per sqft).
  • Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2021 and recovered to AED 150,000 by September 2025.
  • At AED 150,000 a year the gross yield on the 2024 price is 6.7%, 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 1 September 2025.

Questions about 308, The Polo Residences B5

What did unit 308 last sell for?

AED 2,250,000 on 26 August 2024: AED 1,466 per sqft for 1,535 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in March 2019.

What is the rent for unit 308?

AED 150,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 109,250; the unit has been rented since July 2019.

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

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Mortgage on 308, The Polo Residences B5

Starts from the last sale price (AED 2.25M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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