302, The Polo Residences C1
Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, The Polo Residences C1
What is 302 worth today?
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Source: Dubai Land Department. Updated 7 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,494 sqft
- Floor
- 3rd of 4
- Parking
- G-08
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 21,400 /yr
- Last sold
- AED 2.02M · April 2015
- Building
- The Polo Residences C1
About 302, The Polo Residences C1
302 is a two-bedroom apartment of 1,494 sqft on the 3rd floor of The Polo Residences C1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 20 April 2015 for AED 2,016,066, or AED 1,349 per sqft, in line with the AED 1,351 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 7 December 2023, is AED 132,250 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 21,400 a year.
Sales and rents for 302 over time
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 C1, and where 302 sits
All 16 2-beds →302 last sold in April 2015 at AED 1,349 per sqft, in line with what two-beds in The Polo Residences C1 were fetching at the time (AED 1,351). 302's AED 132,250 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 201520 April 2015 | 2,219 sqft | 2,312,035 | 1,042 | ||
| 20 Apr 201520 April 2015 | 2,635 sqft | 2,449,400 | 929 | ||
| 20 Apr 201520 April 2015 | 2,219 sqft | 2,310,393 | 1,041 | ||
| 20 Apr 201520 April 2015 | 1,535 sqft | 2,077,036 | 1,353 |
The Polo Residences C1
Building31 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 105K /yr
- Typical yield
Other units on the 3rd floor
All 31 units in The Polo Residences C1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 814 sqft | AED 1.09MAED 1,092,364 · Apr 2015April 2015 | ||
| 303 | 2-bed | 1,534 sqft | AED 2.07MAED 2,073,578 · Apr 2015April 2015 | ||
| 304 | 1-bed | 906 sqft | AED 1.22MAED 1,217,788 · Apr 2015April 2015 | 65,000 /yr | |
| 305 | 1-bed | 883 sqft | AED 1.19MAED 1,194,180 · Apr 2015April 2015 | 105,000 /yr | |
| 306 | 1-bed | 901 sqft | AED 1.21MAED 1,212,757 · Apr 2015April 2015 | 100,000 /yr | |
| 307 | 2-bed | 1,534 sqft | AED 2.07MAED 2,073,578 · Apr 2015April 2015 | 120,000 /yr | |
| 308 | 2-bed | 1,535 sqft | AED 2.08MAED 2,077,036 · Apr 2015April 2015 | 175,000 /yr | |
| 309 | 1-bed | 814 sqft | AED 1.09MAED 1,092,364 · Apr 2015April 2015 |
302, The Polo Residences C1 in numbers
- Sold once: by IGO Property Development on 20 April 2015 for AED 2,016,066, or AED 1,349 per sqft.
- Rented since December 2020 on 4 Ejari contracts, from AED 90,000 to AED 132,250 a year.
- At AED 132,250 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 21,400 a year (AED 14.34 per sqft).
Source: Dubai Land Department. Updated 7 December 2023.
Questions about 302, The Polo Residences C1
What did unit 302 last sell for?
AED 2,016,066 on 20 April 2015, sold by the developer: AED 1,349 per sqft for 1,494 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 132,250 a year on the contract renewed on 7 December 2023. The previous contract, from December 2022, was AED 115,000; the unit has been rented since December 2020.
How big is unit 302?
1,494 sqft (138.8 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.
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Mortgage on 302, The Polo Residences C1
Starts from the last sale price (AED 2.02M, 20 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,016,066
- Deposit, UAE resident (20%)
- AED 403,213
- Deposit, non-resident (40%)
- AED 806,426
- Monthly over 25 years at 3.7%
- AED 8,248
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →