2-bed · 1,534 sqftThe Polo Residences C6, Meydan City · 3rd floor · completed 2017

308, The Polo Residences C6

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 1.63M3 May 2023
Current rentAED 100K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Polo Residences C6

What is 308 worth today?

Last sold for AED 1,630,000 in 2023

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3 May 2023SoldReady
AED 1,630,000AED 1,062 per sqft
15 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
15 Dec 2021RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
1 Oct 2020RentedNew contract
AED 90,000/yr13 months · AED 59 per sqft
5 Jun 2019RentedNew contract
AED 117,000/yr12 months · AED 76 per sqft
5 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
18 May 2017Sold by developerReady
AED 1,877,383AED 1,223 per sqft

Source: Dubai Land Department. Updated 3 May 2023.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
3rd of 4
Parking
G-05
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,000 /yr
Last sold
AED 1.63M · May 2023

About 308, The Polo Residences C6

308 is a two-bedroom apartment of 1,534 sqft on the 3rd floor of The Polo Residences C6, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 3 May 2023 for AED 1,630,000, or AED 1,062 per sqft, 5% below the AED 1,115 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 100,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 24,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in The Polo Residences C6
2M2017202020232026Typical sale price by year: 2017 AED 1,878,908; 2023 AED 1,665,000; 2025 AED 2,300,000Sold by developer, May 2017: AED 1,877,383 (AED 1,223 per sqft)Sold, May 2023: AED 1,630,000 (AED 1,062 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 C6
100K150K2017202020232026Typical rent by year: 2017 AED 142,000; 2018 AED 136,370; 2019 AED 118,500; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 115,000; 2024 AED 170,000; 2025 AED 160,000New contract, June 2018: AED 120,000 a yearNew contract, June 2019: AED 117,000 a yearNew contract, October 2020: AED 90,000 a yearNew contract, December 2021: AED 100,000 a yearRenewal, December 2022: AED 100,000 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 C6, and where 308 sits

All 12 2-beds →

308 last sold in May 2023 at AED 1,062 per sqft, 5% below what two-beds in The Polo Residences C6 were fetching at the time (AED 1,115). Over the last 12 months two-beds sold for AED 2,700,000, around AED 1,760 per sqft, and rent for AED 100,000 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Aug 20262,700,000
20 Jun 20252,300,000
20 May 20252,940,000
28 Jan 20252,275,000
1 2-bed sale in the last 12 months

The Polo Residences C6

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 1,768
Typical sale
AED 2.15M
Typical rent
AED 85K /yr
Typical yield
5.5%
The Polo Residences C6, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences C6
Value
3011-bedAED 850K · Mar 2023
3022-bedAED 1.8M · Apr 2023
3032-bedAED 2.94M · May 2025
3041-bedAED 1.6M · Aug 2026
3051-bedAED 975K · Apr 2023
3061-bedAED 1.25M · Nov 2023
3072-bedAED 1.53M · Jun 2023
1–7 of 8

308, The Polo Residences C6 in numbers

  • Sold twice: first on 18 May 2017 for AED 1,877,383, last on 3 May 2023 for AED 1,630,000 (AED 1,062 per sqft).
  • Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2020 and recovered to AED 100,000 by December 2022.
  • At AED 100,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 24,000 a year (AED 15.67 per sqft).
  • Two-beds in The Polo Residences C6 sold for AED 2,700,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,768 per sqft.

Source: Dubai Land Department. Updated 3 May 2023.

Questions about 308, The Polo Residences C6

What did unit 308 last sell for?

AED 1,630,000 on 3 May 2023: AED 1,062 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,877,383 in May 2017.

What is the rent for unit 308?

AED 100,000 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 100,000; the unit has been rented since June 2018.

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 C6 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 1,760 per sqft.

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Mortgage on 308, The Polo Residences C6

Starts from the last sale price (AED 1.63M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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