
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.
Property timeline for 304, The Polo Residences C1
What is 304 worth today?
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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
- Building
- The Polo Residences C1
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
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 201520 April 2015 | 814 sqft | 1,092,364 | 1,342 | ||
| 20 Apr 201520 April 2015 | 883 sqft | 1,194,180 | 1,352 | ||
| 20 Apr 201520 April 2015 | 814 sqft | 1,092,364 | 1,342 | ||
| 20 Apr 201520 April 2015 | 901 sqft | 1,212,757 | 1,346 |
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 | ||
| 302 | 2-bed | 1,494 sqft | AED 2.02MAED 2,016,066 · Apr 2015April 2015 | 132,250 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 2.07MAED 2,073,578 · Apr 2015April 2015 | ||
| 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 |
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 →