1-bed · 814 sqftThe Polo Residences B5, Meydan City · 3rd floor · completed 2017

309, The Polo Residences B5

Sold prices and rental history: sold once, by the developer in August 2017, 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 20 January 2026
Last soldAED 980K13 August 2017
Current rentAED 84K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, The Polo Residences B5

What is 309 worth today?

Last sold for AED 980,000 in 2017

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20 Jan 2026RentedRenewal
AED 84,000/yr12 months · AED 104 per sqft
20 Jan 2025RentedNew contract
AED 84,000/yr12 months · AED 103 per sqft
17 Jan 2022RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
1 Jul 2018RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
13 Aug 2017Sold by developerReady
AED 980,000AED 1,204 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

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 980K · August 2017

About 309, The Polo Residences B5

309 is a one-bedroom apartment of 814 sqft on the 3rd floor of The Polo Residences B5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 13 August 2017 for AED 980,000, or AED 1,204 per sqft, 7% below the AED 1,294 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 84,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 11,400 a year.

Sales and rents for 309 over time

Rents
Unit 309, each contractTypical one-bed in The Polo Residences B5
60K80K2017202020232026Typical rent by year: 2017 AED 82,500; 2018 AED 74,000; 2019 AED 70,000; 2020 AED 61,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 72,000; 2024 AED 82,500; 2025 AED 80,000; 2026 AED 85,000New contract, July 2018: AED 75,000 a yearNew contract, January 2022: AED 52,000 a yearNew contract, January 2025: AED 84,000 a yearRenewal, January 2026: AED 84,000 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 B5, and where 309 sits

All 15 1-beds →

309 last sold in August 2017 at AED 1,204 per sqft, 7% below what one-beds in The Polo Residences B5 were fetching at the time (AED 1,294). Over the last 12 months one-beds sold for AED 1,540,000 to 1,630,000, around AED 1,757 per sqft, and rent for AED 69,877 to 110,000 a year. 309's AED 84,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20261,540,000
15 Apr 20261,630,000
15 Feb 20241,175,000
19 May 2023950,000
2 1-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

309, The Polo Residences B5 in numbers

  • Sold once: by IGO Property Development on 13 August 2017 for AED 980,000, or AED 1,204 per sqft.
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2022 and recovered to AED 84,000 by January 2026.
  • At AED 84,000 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 11,400 a year (AED 14.05 per sqft).
  • One-beds in The Polo Residences B5 sold for AED 1,540,000–1,630,000 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 20 January 2026.

Questions about 309, The Polo Residences B5

What did unit 309 last sell for?

AED 980,000 on 13 August 2017, sold by the developer: AED 1,204 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 84,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 84,000; the unit has been rented since July 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 B5 sold for AED 1,540,000 to 1,630,000 in the last 12 months, around AED 1,757 per sqft.

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Mortgage on 309, The Polo Residences B5

Starts from the last sale price (AED 980K, 13 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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