306, The Polo Residences C5
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, The Polo Residences C5
What is 306 worth today?
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Source: Dubai Land Department. Updated 3 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 821 sqft
- Floor
- 3rd of 4
- Parking
- G-18
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1M · April 2024
- Building
- The Polo Residences C5
About 306, The Polo Residences C5
306 is a one-bedroom apartment of 821 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 3 April 2024 for AED 1,000,000, or AED 1,218 per sqft, 5% above the AED 1,157 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 55,440 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 11,900 a year.
Sales and rents for 306 over time
306 has sold twice; 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 C5, and where 306 sits
All 15 1-beds →306 last sold in April 2024 at AED 1,218 per sqft, 5% above what one-beds in The Polo Residences C5 were fetching at the time (AED 1,157). 306's AED 55,440 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20241 May 2024 | 826 sqft | 975,000 | 1,180 | ||
| 15 Apr 202415 April 2024 | 821 sqft | 980,000 | 1,194 | ||
| 3 Apr 20243 April 2024 | 814 sqft | 960,000 | 1,179 | ||
| 29 Mar 202429 March 2024 | 814 sqft | 1,000,000 | 1,228 |
The Polo Residences C5
Building31 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%
Other units on the 3rd floor
All 31 units in The Polo Residences C5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 814 sqft | AED 970KAED 970,000 · Mar 2024March 2024 | 60,500 /yr | |
| 302 | 2-bed | 1,494 sqft | AED 1.96MAED 1,964,160 · Mar 2024March 2024 | 98,122 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 1.94MAED 1,944,320 · May 2024May 2024 | 118,648 /yr | |
| 304 | 1-bed | 826 sqft | AED 975KAED 975,000 · May 2024May 2024 | 65,000 /yr | |
| 305 | 1-bed | 821 sqft | AED 980KAED 980,000 · Apr 2024April 2024 | 62,000 /yr | |
| 307 | 2-bed | 1,534 sqft | AED 2.21MAED 2,205,900 · Feb 2024February 2024 | 101,588 /yr | |
| 308 | 2-bed | 1,535 sqft | AED 2.28MAED 2,275,000 · Apr 2024April 2024 | 145,000 /yr | |
| 309 | 1-bed | 814 sqft | AED 1MAED 1,000,000 · Mar 2024March 2024 | 82,000 /yr |
306, The Polo Residences C5 in numbers
- Sold twice: first on 9 March 2017 for AED 963,170, last on 3 April 2024 for AED 1,000,000 (AED 1,218 per sqft).
- Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 44,308 in 2021 and recovered to AED 55,440 by September 2023.
- At AED 55,440 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 11,900 a year (AED 14.49 per sqft).
Source: Dubai Land Department. Updated 3 April 2024.
Questions about 306, The Polo Residences C5
What did unit 306 last sell for?
AED 1,000,000 on 3 April 2024: AED 1,218 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 963,170 in March 2017.
What is the rent for unit 306?
AED 55,440 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 50,400; the unit has been rented since December 2017.
How big is unit 306?
821 sqft (76.3 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.
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Mortgage on 306, The Polo Residences C5
Starts from the last sale price (AED 1M, 3 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →