306, The Polo Residences C4
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, The Polo Residences C4
What is 306 worth today?
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Source: Dubai Land Department. Updated 26 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 3rd of 4
- Parking
- G-19
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.1M · May 2015
- Building
- The Polo Residences C4
About 306, The Polo Residences C4
306 is a one-bedroom apartment of 826 sqft on the 3rd floor of The Polo Residences C4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 5 May 2015 for AED 1,097,998, or AED 1,329 per sqft, in line with the AED 1,340 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 26 October 2024, is AED 75,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 12,900 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the one-bed median of each year in the building.
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 C4, and where 306 sits
All 15 1-beds →306 last sold in May 2015 at AED 1,329 per sqft, in line with what one-beds in The Polo Residences C4 were fetching at the time (AED 1,340). Over the last 12 months one-beds sold for AED 1,180,000, around AED 1,438 per sqft, and rent for AED 62,117 to 120,000 a year. 306's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 821 sqft | 1,180,000 | 1,438 | ||
| 17 Jul 202417 July 2024 | 826 sqft | 1,125,000 | 1,362 | ||
| 3 Apr 20243 April 2024 | 826 sqft | 1,075,000 | 1,301 | ||
| 26 Oct 202226 October 2022 | 821 sqft | 650,000 | 792 |
The Polo Residences C4
Building30 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 1,664
- Typical sale
- AED 2.04M
- Typical rent
- AED 78K /yr
- Typical yield
- 5.4%
Other units on the 3rd floor
All 30 units in The Polo Residences C4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 814 sqft | AED 1.1MAED 1,098,248 · Oct 2014October 2014 | 71,000 /yr | |
| 302 | 2-bed | 1,535 sqft | AED 2.58MAED 2,580,000 · Oct 2024October 2024 | 95,000 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 1.85MAED 1,853,959 · Feb 2017February 2017 | ||
| 304 | 1-bed | 821 sqft | AED 1MAED 1,000,000 · Mar 2017March 2017 | 80,000 /yr | |
| 305 | 1-bed | 821 sqft | AED 650KAED 650,000 · Oct 2022October 2022 | 73,000 /yr | |
| 307 | 2-bed | 1,515 sqft | AED 2.35MAED 2,350,000 · Oct 2024October 2024 | 160,000 /yr | |
| 308 | 2-bed | 1,534 sqft | AED 1.5MAED 1,500,000 · Feb 2022February 2022 | 80,000 /yr | |
| 309 | 1-bed | 814 sqft | AED 403KAED 402,500 · May 2022May 2022 | 60,000 /yr |
306, The Polo Residences C4 in numbers
- Sold once: by IGO Property Development on 5 May 2015 for AED 1,097,998, or AED 1,329 per sqft.
- Rented since March 2018 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 45,000 in 2021 and recovered to AED 75,000 by October 2024.
- At AED 75,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 12,900 a year (AED 15.68 per sqft).
- One-beds in The Polo Residences C4 sold for AED 1,180,000–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 1,664 per sqft.
Source: Dubai Land Department. Updated 26 October 2024.
Questions about 306, The Polo Residences C4
What did unit 306 last sell for?
AED 1,097,998 on 5 May 2015, sold by the developer: AED 1,329 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 75,000 a year on the contract renewed on 26 October 2024. The previous contract, from October 2023, was AED 75,000; the unit has been rented since March 2018.
How big is unit 306?
826 sqft (76.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.
What is unit 306 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 C4 sold for AED 1,180,000 to 1,180,000 in the last 12 months, around AED 1,438 per sqft.
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Mortgage on 306, The Polo Residences C4
Starts from the last sale price (AED 1.1M, 5 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,097,998
- Deposit, UAE resident (20%)
- AED 219,600
- Deposit, non-resident (40%)
- AED 439,199
- Monthly over 25 years at 3.7%
- AED 4,492
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →