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2-bed · 1,534 sqftThe Polo Residences C4, Meydan City · 3rd floor · completed 2017

308, The Polo Residences C4

Sold prices and rental history: sold twice, last in February 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 February 2022
Last soldAED 1.5M24 February 2022
Current rentAED 80K /yr20 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, The Polo Residences C4

What is 308 worth today?

Last sold for AED 1,500,000 in 2022

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24 Feb 2022SoldReady
AED 1,500,000AED 977 per sqft
20 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
29 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
25 Dec 2018Sold by developerReady
AED 1,400,000AED 912 per sqft

Source: Dubai Land Department. Updated 24 February 2022.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
3rd of 4
Parking
G-7
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,100 /yr
Last sold
AED 1.5M · February 2022
Building
The Polo Residences C4

About 308, The Polo Residences C4

308 is a two-bedroom apartment of 1,534 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 24 February 2022 for AED 1,500,000, or AED 977 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 February 2021, is AED 80,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 24,100 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in The Polo Residences C4
1.5M2M2.5M20142017202020232026Typical 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, December 2018: AED 1,400,000 (AED 912 per sqft)Sold, February 2022: AED 1,500,000 (AED 977 per sqft)

308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, 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, March 2019: AED 95,000 a yearNew contract, February 2021: AED 80,000 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 308 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. 308's AED 80,000 is at the bottom 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
3072-bedAED 2.35M · Oct 2024
1–7 of 8

308, The Polo Residences C4 in numbers

  • Sold twice: first on 25 December 2018 for AED 1,400,000, last on 24 February 2022 for AED 1,500,000 (AED 977 per sqft).
  • Rented since March 2019 on 2 Ejari contracts, from AED 95,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 24,100 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 24 February 2022.

Questions about 308, The Polo Residences C4

What did unit 308 last sell for?

AED 1,500,000 on 24 February 2022: AED 977 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in December 2018.

What is the rent for unit 308?

AED 80,000 a year on the contract signed on 20 February 2021. The previous contract, from March 2019, was AED 95,000.

How big is unit 308?

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 308 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 308, The Polo Residences C4

Starts from the last sale price (AED 1.5M, 24 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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