1-bed · 906 sqftThe Polo Residences C1, Meydan City · 3rd floor · completed 2017

304, The Polo Residences C1

Sold prices and rental history: sold once, by the developer in April 2015, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 23 May 2021
Last soldAED 1.22M20 April 2015
Current rentAED 65K /yr23 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The Polo Residences C1

What is 304 worth today?

Last sold for AED 1,217,788 in 2015

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23 May 2021RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
20 Apr 2015Sold by developerOff-plan
AED 1,217,788AED 1,344 per sqft

Source: Dubai Land Department. Updated 23 May 2021.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
3rd of 4
Parking
G-10
Developer
IGO Property Development
Completed
2017
Service charge
AED 13,000 /yr
Last sold
AED 1.22M · April 2015

About 304, The Polo Residences C1

304 is a one-bedroom apartment of 906 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 1,217,788, or AED 1,344 per sqft, in line with the AED 1,342 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 May 2021. The current contract, signed on 23 May 2021, is AED 65,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 13,000 a year.

Sales and rents for 304 over time

Rents
Unit 304, each contractTypical one-bed in The Polo Residences C1
60K80K100K2021202320252027Typical rent by year: 2025 AED 95,000; 2026 AED 90,000New contract, May 2021: AED 65,000 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 C1, and where 304 sits

All 15 1-beds →

304 last sold in April 2015 at AED 1,344 per sqft, in line with what one-beds in The Polo Residences C1 were fetching at the time (AED 1,342). 304's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Apr 20151,092,364
20 Apr 20151,194,180
20 Apr 20151,092,364
20 Apr 20151,212,757
0 1-bed sales in the last 12 months

The Polo Residences C1

Building

31 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
The Polo Residences C1, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences C1
Value
3011-bedAED 1.09M · Apr 2015
3022-bedAED 2.02M · Apr 2015
3032-bedAED 2.07M · Apr 2015
3051-bedAED 1.19M · Apr 2015
3061-bedAED 1.21M · Apr 2015
3072-bedAED 2.07M · Apr 2015
3082-bedAED 2.08M · Apr 2015
1–7 of 8

304, The Polo Residences C1 in numbers

  • Sold once: by IGO Property Development on 20 April 2015 for AED 1,217,788, or AED 1,344 per sqft.
  • Rented since May 2021 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 13,000 a year (AED 14.34 per sqft).

Source: Dubai Land Department. Updated 23 May 2021.

Questions about 304, The Polo Residences C1

What did unit 304 last sell for?

AED 1,217,788 on 20 April 2015, sold by the developer: AED 1,344 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 65,000 a year on the contract signed on 23 May 2021.

How big is unit 304?

906 sqft (84.2 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 304 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 304, The Polo Residences C1

Starts from the last sale price (AED 1.22M, 20 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,788
Deposit, UAE resident (20%)
AED 243,558
Deposit, non-resident (40%)
AED 487,115
Monthly over 25 years at 3.7%
AED 4,982

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