1-bed · 821 sqftThe Polo Residences C2, Meydan City · 3rd floor · completed 2017

305, The Polo Residences C2

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 13 October 2024
Last soldAED 850K10 June 2019
Current rentAED 95K /yr13 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, The Polo Residences C2

What is 305 worth today?

Last sold for AED 850,000 in 2019

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13 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 116 per sqft
1 Feb 2024RentedRenewal
AED 57,750/yr12 months · AED 71 per sqft
1 Feb 2023RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
1 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
1 Feb 2021RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
1 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
10 Jun 2019SoldReady
AED 850,000AED 1,035 per sqft
1 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 13 October 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 4
Parking
G-20
Developer
IGO Property Development
Completed
2017
Service charge
AED 13,300 /yr
Last sold
AED 850K · June 2019

About 305, The Polo Residences C2

305 is a one-bedroom apartment of 821 sqft on the 3rd floor of The Polo Residences C2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 10 June 2019 for AED 850,000, or AED 1,035 per sqft, 15% above the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 13 October 2024, is AED 95,000 a year: a gross yield of 11.2% on the 2019 price, before the service charge of about AED 13,300 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in The Polo Residences C2
600K800K1M2018202020222024Typical sale price by year: 2018 AED 615,399; 2019 AED 777,500; 2024 AED 1,000,000Sold, June 2019: AED 850,000 (AED 1,035 per sqft)

305 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 305, each contractTypical one-bed in The Polo Residences C2
50K75K100K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 60,000; 2020 AED 53,500; 2021 AED 45,000; 2022 AED 51,500; 2023 AED 59,500; 2024 AED 73,500; 2025 AED 82,000; 2026 AED 70,000New contract, October 2018: AED 70,000 a yearNew contract, February 2020: AED 55,000 a yearRenewal, February 2021: AED 48,000 a yearRenewal, February 2022: AED 50,000 a yearRenewal, February 2023: AED 55,000 a yearRenewal, February 2024: AED 57,750 a yearNew contract, October 2024: AED 95,000 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 C2, and where 305 sits

All 15 1-beds →

305 last sold in June 2019 at AED 1,035 per sqft, 15% above what one-beds in The Polo Residences C2 were fetching at the time (AED 903). Over the last 12 months one-beds sold for AED 1,250,000, around AED 1,535 per sqft, and rent for AED 65,000 to 85,000 a year. 305's AED 95,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jan 20261,250,000
10 Apr 20251,150,000
4 Jun 20241,000,000
29 Apr 20241,000,000
1 1-bed sale in the last 12 months

The Polo Residences C2

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,593
Typical sale
AED 1.88M
Typical rent
AED 72K /yr
Typical yield
5.4%
The Polo Residences C2, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences C2
Value
3011-bedAED 800K · Mar 2019
3022-bedAED 1.6M · Nov 2018
3032-bedAED 1.15M · Sep 2018
3041-bedAED 750K · Jan 2019
3061-bedAED 950K · Nov 2018
3072-bedAED 2.5M · Feb 2026
3082-bedAED 1.15M · Sep 2018
1–7 of 8

305, The Polo Residences C2 in numbers

  • Sold twice: first on 7 January 2018 for AED 82,054, last on 10 June 2019 for AED 850,000 (AED 1,035 per sqft).
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2021 and recovered to AED 95,000 by October 2024.
  • At AED 95,000 a year the gross yield on the 2019 price is 11.2%, before a service charge of about AED 13,300 a year (AED 16.25 per sqft).
  • One-beds in The Polo Residences C2 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,593 per sqft.

Source: Dubai Land Department. Updated 13 October 2024.

Questions about 305, The Polo Residences C2

What did unit 305 last sell for?

AED 850,000 on 10 June 2019: AED 1,035 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 82,054 in January 2018.

What is the rent for unit 305?

AED 95,000 a year on the contract signed on 13 October 2024. The previous contract, from February 2024, was AED 57,750; the unit has been rented since October 2018.

How big is unit 305?

821 sqft (76.3 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 305 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 C2 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,535 per sqft.

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Mortgage on 305, The Polo Residences C2

Starts from the last sale price (AED 850K, 10 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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