1-bed · 883 sqftThe Polo Residences C7, Meydan City · 3rd floor · completed 2017

305, The Polo Residences C7

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 1.13M7 June 2023
Current rentAED 68K /yr25 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, The Polo Residences C7

What is 305 worth today?

Last sold for AED 1,130,000 in 2023

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7 Jun 2023SoldReady
AED 1,130,000AED 1,279 per sqft
25 Mar 2023RentedRenewal
AED 68,250/yr12 months · AED 77 per sqft
25 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
12 Mar 2021RentedRenewal
AED 63,000/yr12 months · AED 71 per sqft
12 Mar 2020RentedNew contract
AED 68,000/yr12 months · AED 77 per sqft
10 Dec 2018SoldReady
AED 950,000AED 1,076 per sqft
20 Aug 2018RentedRenewal
AED 83,000/yr12 months · AED 94 per sqft
20 Aug 2017RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
3rd of 4
Parking
G-31
Developer
IGO Property Development
Completed
2017
Service charge
AED 14,200 /yr
Last sold
AED 1.13M · June 2023

About 305, The Polo Residences C7

305 is a one-bedroom apartment of 883 sqft on the 3rd floor of The Polo Residences C7, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 7 June 2023 for AED 1,130,000, or AED 1,279 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 March 2023, is AED 68,250 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in The Polo Residences C7
1M1.2M2014201720202023Typical sale price by year: 2014 AED 974,036; 2015 AED 1,097,512; 2016 AED 1,147,531; 2017 AED 1,160,000; 2018 AED 1,000,000; 2023 AED 1,130,000; 2024 AED 1,292,500Sold by developer, October 2015: AED 1,125,285 (AED 1,274 per sqft)Sold, December 2018: AED 950,000 (AED 1,076 per sqft)Sold, June 2023: AED 1,130,000 (AED 1,279 per sqft)

305 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 305, each contractTypical one-bed in The Polo Residences C7
60K80K100K2017202020232026Typical rent by year: 2017 AED 77,500; 2018 AED 77,500; 2019 AED 65,000; 2020 AED 60,000; 2021 AED 56,375; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 77,500; 2025 AED 95,000; 2026 AED 92,000New contract, August 2017: AED 85,000 a yearRenewal, August 2018: AED 83,000 a yearNew contract, March 2020: AED 68,000 a yearRenewal, March 2021: AED 63,000 a yearNew contract, March 2022: AED 65,000 a yearRenewal, March 2023: AED 68,250 a year

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 C7, and where 305 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 1,235,000 to 1,580,000, around AED 1,632 per sqft, and rent for AED 75,000 to 95,000 a year. 305's AED 68,250 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Mar 20261,235,000
27 Nov 20251,580,000
13 Sep 20241,420,000
1 Apr 20241,350,000
2 1-bed sales in the last 12 months

The Polo Residences C7

Building

31 apartments, 1-bed to 2-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 1,632
Typical sale
AED 1.41M
Typical rent
AED 147K /yr
Typical yield
6.0%
The Polo Residences C7, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences C7
Value
3011-bedAED 975K · Oct 2017
3022-bedAED 1.78M · Jul 2017
3032-bedAED 1.8M · Aug 2017
3041-bedAED 1M · Nov 2018
3061-bedAED 1.42M · Sep 2024
3072-bedAED 2.01M · Jan 2015
3082-bedAED 2.01M · Jan 2015
1–7 of 8

305, The Polo Residences C7 in numbers

  • Sold 3 times: first on 28 October 2015 for AED 1,125,285, last on 7 June 2023 for AED 1,130,000 (AED 1,279 per sqft).
  • Rented since August 2017 on 6 Ejari contracts, from AED 85,000 to AED 68,250 a year.
  • At AED 68,250 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 14,200 a year (AED 16.11 per sqft).
  • One-beds in The Polo Residences C7 sold for AED 1,235,000–1,580,000 in the 12 months to November 2026; the building's median across all types is AED 1,632 per sqft.

Source: Dubai Land Department. Updated 7 June 2023.

Questions about 305, The Polo Residences C7

What did unit 305 last sell for?

AED 1,130,000 on 7 June 2023: AED 1,279 per sqft for 883 sqft. The unit has 3 registered sales; the first was AED 1,125,285 in October 2015.

What is the rent for unit 305?

AED 68,250 a year on the contract renewed on 25 March 2023. The previous contract, from March 2022, was AED 65,000; the unit has been rented since August 2017.

How big is unit 305?

883 sqft (82.0 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Polo Residences C7 sold for AED 1,235,000 to 1,580,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 305, The Polo Residences C7

Starts from the last sale price (AED 1.13M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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