2-bed · 1,535 sqftThe Polo Residences C3, Meydan City · 3rd floor · completed 2017

307, The Polo Residences C3

Sold prices and rental history: sold 3 times, last in June 2023, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 1.85M5 June 2023
Current rentAED 120K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, The Polo Residences C3

What is 307 worth today?

Last sold for AED 1,850,000 in 2023

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5 Jun 2023SoldReady
AED 1,850,000AED 1,205 per sqft
1 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
23 May 2017SoldReady
AED 1,850,000AED 1,205 per sqft
28 Sep 2014Sold by developerOff-plan
AED 1,717,150AED 1,118 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
3rd of 4
Parking
G-07
Developer
IGO Property Development
Completed
2017
Service charge
AED 27,100 /yr
Last sold
AED 1.85M · June 2023

About 307, The Polo Residences C3

307 is a two-bedroom apartment of 1,535 sqft on the 3rd floor of The Polo Residences C3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 5 June 2023 for AED 1,850,000, or AED 1,205 per sqft, 9% above the AED 1,104 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2022. The current contract, signed on 1 August 2022, is AED 120,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 27,100 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in The Polo Residences C3
1.5M2M2014201720202023Typical sale price by year: 2014 AED 2,035,875; 2016 AED 1,600,000; 2017 AED 1,870,000; 2020 AED 1,350,000; 2023 AED 1,650,000Sold by developer, September 2014: AED 1,717,150 (AED 1,118 per sqft)Sold, May 2017: AED 1,850,000 (AED 1,205 per sqft)Sold, June 2023: AED 1,850,000 (AED 1,205 per sqft)

307 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 307, each contractTypical two-bed in The Polo Residences C3
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 122,500; 2019 AED 110,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 120,000; 2025 AED 170,000; 2026 AED 170,000New contract, August 2022: AED 120,000 a year

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 C3, and where 307 sits

All 16 2-beds →

307 last sold in June 2023 at AED 1,205 per sqft, 9% above what two-beds in The Polo Residences C3 were fetching at the time (AED 1,104). Over the last 12 months two-beds sold for AED 2,800,000 to 3,400,000, around AED 2,020 per sqft, and rent for AED 125,000 to 240,000 a year. 307's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20262,800,000
10 Nov 20253,400,000
25 Apr 20231,605,000
30 Mar 20231,650,000
2 2-bed sales in the last 12 months

The Polo Residences C3

Building

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

Typical price per sqft
AED 2,020
Typical sale
AED 3.1M
Typical rent
AED 85K /yr
Typical yield
4.9%
The Polo Residences C3, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences C3
Value
3011-bedAED 730K · Jul 2021
3022-bedAED 1.65M · Mar 2023
3032-bedAED 1.6M · Sep 2016
3041-bedAED 906K · Dec 2014
3051-bedAED 906K · Dec 2014
3061-bedAED 449K · Feb 2018
3082-bedAED 2.8M · Sep 2026
1–7 of 8

307, The Polo Residences C3 in numbers

  • Sold 3 times: first on 28 September 2014 for AED 1,717,150, last on 5 June 2023 for AED 1,850,000 (AED 1,205 per sqft).
  • Rented since August 2022 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 27,100 a year (AED 17.63 per sqft).
  • Two-beds in The Polo Residences C3 sold for AED 2,800,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,020 per sqft.

Source: Dubai Land Department. Updated 5 June 2023.

Questions about 307, The Polo Residences C3

What did unit 307 last sell for?

AED 1,850,000 on 5 June 2023: AED 1,205 per sqft for 1,535 sqft. The unit has 3 registered sales; the first was AED 1,717,150 in September 2014.

What is the rent for unit 307?

AED 120,000 a year on the contract signed on 1 August 2022.

How big is unit 307?

1,535 sqft (142.6 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. Two-beds in The Polo Residences C3 sold for AED 2,800,000 to 3,400,000 in the last 12 months, around AED 2,020 per sqft.

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Mortgage on 307, The Polo Residences C3

Starts from the last sale price (AED 1.85M, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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