2-bed · 1,515 sqftThe Polo Residences C4, Meydan City · 3rd floor · completed 2017

307, The Polo Residences C4

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 2.35M28 October 2024
Current rentAED 160K /yr23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, The Polo Residences C4

What is 307 worth today?

Last sold for AED 2,350,000 in 2024

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28 Oct 2024SoldReady
AED 2,350,000AED 1,551 per sqft
23 Apr 2024RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
23 Apr 2024RentedNew contract
AED 160,000/yr12 months · AED 106 per sqft
21 Feb 2024RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
1 Jul 2022RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
1 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Jul 2019RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
2-bed apartment
Size
1,515 sqft
Floor
3rd of 4
Parking
G-8
Developer
IGO Property Development
Completed
2017
Service charge
AED 23,800 /yr
Last sold
AED 2.35M · October 2024

About 307, The Polo Residences C4

307 is a two-bedroom apartment of 1,515 sqft on the 3rd floor of The Polo Residences C4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 28 October 2024 for AED 2,350,000, or AED 1,551 per sqft.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 23 April 2024, is AED 160,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 23,800 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in The Polo Residences C4
2M2.5M20142017202020232026Typical sale price by year: 2014 AED 1,847,016; 2015 AED 1,840,065; 2017 AED 1,740,000; 2025 AED 2,450,000Sold by developer, October 2014: AED 1,853,959 (AED 1,223 per sqft)Sold, October 2024: AED 2,350,000 (AED 1,551 per sqft)

307 has sold twice; 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 C4
100K150K2017202020232026Typical rent by year: 2017 AED 125,000; 2018 AED 117,500; 2019 AED 102,500; 2020 AED 90,000; 2021 AED 89,500; 2022 AED 97,500; 2023 AED 110,000; 2024 AED 135,000; 2025 AED 145,347; 2026 AED 149,500New contract, May 2017: AED 110,000 a yearRenewal, May 2018: AED 110,000 a yearNew contract, July 2019: AED 95,000 a yearRenewal, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 95,000 a yearNew contract, February 2024: AED 95,000 a yearNew contract, April 2024: AED 160,000 a yearNew contract, April 2024: AED 160,000 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 C4, and where 307 sits

All 12 2-beds →

Over the last 12 months two-beds sold for AED 2,900,000, around AED 1,889 per sqft, and rent for AED 130,000 to 165,000 a year. 307's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Apr 20262,900,000
7 Nov 20252,400,000
27 Oct 20252,450,000
20 Jun 20252,900,000
1 2-bed sale in the last 12 months

The Polo Residences C4

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 1,664
Typical sale
AED 2.04M
Typical rent
AED 78K /yr
Typical yield
5.4%
The Polo Residences C4, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences C4
Value
3011-bedAED 1.1M · Oct 2014
3022-bedAED 2.58M · Oct 2024
3032-bedAED 1.85M · Feb 2017
3041-bedAED 1M · Mar 2017
3051-bedAED 650K · Oct 2022
3061-bedAED 1.1M · May 2015
3082-bedAED 1.5M · Feb 2022
1–7 of 8

307, The Polo Residences C4 in numbers

  • Sold twice: first on 11 October 2014 for AED 1,853,959, last on 28 October 2024 for AED 2,350,000 (AED 1,551 per sqft).
  • Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2021 and recovered to AED 160,000 by April 2024.
  • At AED 160,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 23,800 a year (AED 15.68 per sqft).
  • Two-beds in The Polo Residences C4 sold for AED 2,900,000–2,900,000 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 28 October 2024.

Questions about 307, The Polo Residences C4

What did unit 307 last sell for?

AED 2,350,000 on 28 October 2024: AED 1,551 per sqft for 1,515 sqft. The unit has 2 registered sales; the first was AED 1,853,959 in October 2014.

What is the rent for unit 307?

AED 160,000 a year on the contract signed on 23 April 2024. The previous contract, from April 2024, was AED 160,000; the unit has been rented since May 2017.

How big is unit 307?

1,515 sqft (140.7 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 C4 sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,889 per sqft.

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Mortgage on 307, The Polo Residences C4

Starts from the last sale price (AED 2.35M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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