307, The Polo Residences C1
Sold prices and rental history: sold once, by the developer in April 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, The Polo Residences C1
What is 307 worth today?
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Source: Dubai Land Department. Updated 5 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,534 sqft
- Floor
- 3rd of 4
- Parking
- G-06
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 22,000 /yr
- Last sold
- AED 2.07M · April 2015
- Building
- The Polo Residences C1
About 307, The Polo Residences C1
307 is a two-bedroom apartment of 1,534 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 2,073,578, or AED 1,351 per sqft, in line with the AED 1,351 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 5 October 2022, is AED 120,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 22,000 a year.
Sales and rents for 307 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 307 sits
All 16 2-beds →307 last sold in April 2015 at AED 1,351 per sqft, in line with what two-beds in The Polo Residences C1 were fetching at the time (AED 1,351). 307's AED 120,000 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 | ||
| 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 | ||
| 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 | |
| 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 |
307, The Polo Residences C1 in numbers
- Sold once: by IGO Property Development on 20 April 2015 for AED 2,073,578, or AED 1,351 per sqft.
- Rented since October 2021 on 2 Ejari contracts, from AED 115,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 22,000 a year (AED 14.34 per sqft).
Source: Dubai Land Department. Updated 5 October 2022.
Questions about 307, The Polo Residences C1
What did unit 307 last sell for?
AED 2,073,578 on 20 April 2015, sold by the developer: AED 1,351 per sqft for 1,534 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 120,000 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 115,000.
How big is unit 307?
1,534 sqft (142.5 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.
What is unit 307 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 307, The Polo Residences C1
Starts from the last sale price (AED 2.07M, 20 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,073,578
- Deposit, UAE resident (20%)
- AED 414,716
- Deposit, non-resident (40%)
- AED 829,431
- Monthly over 25 years at 3.7%
- AED 8,484
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →