2-bed · 1,494 sqftThe Polo Residences C5, Meydan City · 3rd floor · completed 2017

302, The Polo Residences C5

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 1.96M28 March 2024
Current rentAED 98K /yr24 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, The Polo Residences C5

What is 302 worth today?

Last sold for AED 1,964,160 in 2024

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28 Mar 2024SoldReady
AED 1,964,160AED 1,314 per sqft
24 Mar 2024RentedRenewal
AED 98,122/yr12 months · AED 66 per sqft
24 Mar 2023RentedRenewal
AED 93,450/yr12 months · AED 63 per sqft
24 Mar 2022RentedRenewal
AED 89,000/yr12 months · AED 60 per sqft
24 Mar 2021RentedRenewal
AED 89,000/yr12 months · AED 60 per sqft
24 Mar 2020RentedRenewal
AED 95,000/yr12 months · AED 64 per sqft
24 Mar 2019RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
1 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
2-bed apartment
Size
1,494 sqft
Floor
3rd of 4
Parking
G-08
Developer
IGO Property Development
Completed
2017
Service charge
AED 21,600 /yr
Last sold
AED 1.96M · March 2024

About 302, The Polo Residences C5

302 is a two-bedroom apartment of 1,494 sqft on the 3rd floor of The Polo Residences C5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 28 March 2024 for AED 1,964,160, or AED 1,314 per sqft, 6% above the AED 1,238 two-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 24 March 2024, is AED 98,122 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 21,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in The Polo Residences C5
1.8M2M2.2M20172019202120232025Typical sale price by year: 2017 AED 1,834,299; 2024 AED 2,178,620Sold by developer, March 2017: AED 1,780,465 (AED 1,191 per sqft)Sold, March 2024: AED 1,964,160 (AED 1,314 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in The Polo Residences C5
100K150K2017202020232026Typical rent by year: 2017 AED 122,500; 2018 AED 117,179; 2019 AED 104,000; 2020 AED 97,002; 2021 AED 89,500; 2022 AED 92,250; 2023 AED 111,825; 2024 AED 120,000; 2025 AED 158,500New contract, February 2018: AED 115,000 a yearNew contract, March 2019: AED 100,000 a yearRenewal, March 2020: AED 95,000 a yearRenewal, March 2021: AED 89,000 a yearRenewal, March 2022: AED 89,000 a yearRenewal, March 2023: AED 93,450 a yearRenewal, March 2024: AED 98,122 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 C5, and where 302 sits

All 16 2-beds →

302 last sold in March 2024 at AED 1,314 per sqft, 6% above what two-beds in The Polo Residences C5 were fetching at the time (AED 1,238). Over the last 12 months two-beds sold for AED 4,700,000, around AED 2,118 per sqft, and rent for AED 118,648 to 155,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Mar 20264,700,000
2 Oct 20252,450,000
5 Aug 20252,600,000
5 Jun 20242,600,000
1 2-bed sale in the last 12 months

The Polo Residences C5

Building

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

Typical price per sqft
AED 2,118
Typical sale
AED 4.7M
Typical rent
AED 90K /yr
Typical yield
4.3%
The Polo Residences C5, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences C5
Value
3011-bedAED 970K · Mar 2024
3032-bedAED 1.94M · May 2024
3041-bedAED 975K · May 2024
3051-bedAED 980K · Apr 2024
3061-bedAED 1M · Apr 2024
3072-bedAED 2.21M · Feb 2024
3082-bedAED 2.28M · Apr 2024
1–7 of 8

302, The Polo Residences C5 in numbers

  • Sold twice: first on 9 March 2017 for AED 1,780,465, last on 28 March 2024 for AED 1,964,160 (AED 1,314 per sqft).
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 89,000 in 2022 and recovered to AED 98,122 by March 2024.
  • At AED 98,122 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 21,600 a year (AED 14.49 per sqft).
  • Two-beds in The Polo Residences C5 sold for AED 4,700,000–4,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,118 per sqft.

Source: Dubai Land Department. Updated 28 March 2024.

Questions about 302, The Polo Residences C5

What did unit 302 last sell for?

AED 1,964,160 on 28 March 2024: AED 1,314 per sqft for 1,494 sqft. The unit has 2 registered sales; the first was AED 1,780,465 in March 2017.

What is the rent for unit 302?

AED 98,122 a year on the contract renewed on 24 March 2024. The previous contract, from March 2023, was AED 93,450; the unit has been rented since February 2018.

How big is unit 302?

1,494 sqft (138.8 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 302 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 C5 sold for AED 4,700,000 to 4,700,000 in the last 12 months, around AED 2,118 per sqft.

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Mortgage on 302, The Polo Residences C5

Starts from the last sale price (AED 1.96M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,964,160
Deposit, UAE resident (20%)
AED 392,832
Deposit, non-resident (40%)
AED 785,664
Monthly over 25 years at 3.7%
AED 8,036

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