2-bed · 1,534 sqftThe Polo Residences D1, Meydan City · 3rd floor · completed 2017

307, The Polo Residences D1

Sold prices and rental history: sold twice, last in July 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 2.2M18 July 2024
Current rentAED 120K /yr12 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, The Polo Residences D1

What is 307 worth today?

Last sold for AED 2,200,000 in 2024

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18 Jul 2024SoldReady
AED 2,200,000AED 1,434 per sqft
12 Sep 2022RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
24 May 2019RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
1 Jun 2017RentedNew contract
AED 106,667/yr27 months · AED 69 per sqft
30 Oct 2014Sold by developerOff-plan
AED 1,866,370AED 1,216 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
3rd of 4
Parking
G-06
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,600 /yr
Last sold
AED 2.2M · July 2024

About 307, The Polo Residences D1

307 is a two-bedroom apartment of 1,534 sqft on the 3rd floor of The Polo Residences D1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 18 July 2024 for AED 2,200,000, or AED 1,434 per sqft, in line with the AED 1,401 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 12 September 2022, is AED 120,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 24,600 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in The Polo Residences D1
1.8M2M2.2M2014201720202023Typical sale price by year: 2014 AED 1,866,370; 2024 AED 2,300,000Sold by developer, October 2014: AED 1,866,370 (AED 1,216 per sqft)Sold, July 2024: AED 2,200,000 (AED 1,434 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in The Polo Residences D1
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 87,500; 2021 AED 85,000; 2022 AED 100,000; 2023 AED 130,000; 2024 AED 175,000; 2025 AED 160,000; 2026 AED 140,000New contract, June 2017: AED 106,667 a yearNew contract, May 2019: AED 95,000 a yearNew contract, September 2022: AED 120,000 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 D1, and where 307 sits

All 16 2-beds →

307 last sold in July 2024 at AED 1,434 per sqft, in line with what two-beds in The Polo Residences D1 were fetching at the time (AED 1,401). 307's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20252,450,000
12 Dec 20243,100,000
14 Nov 20242,400,000
12 Jul 20242,150,000
0 2-bed sales in the last 12 months

The Polo Residences D1

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 1,755
Typical sale
AED 1.55M
Typical rent
AED 128K /yr
Typical yield
5.5%
The Polo Residences D1, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences D1
Value
3011-bedAED 1.02M · Oct 2014
3022-bedAED 1.87M · Oct 2014
3032-bedAED 2.4M · Nov 2024
3041-bedAED 1.13M · Oct 2014
3051-bedAED 1.12M · Oct 2014
3061-bedAED 1.38M · Mar 2025
3082-bedAED 2.2M · Jan 2024
1–7 of 8

307, The Polo Residences D1 in numbers

  • Sold twice: first on 30 October 2014 for AED 1,866,370, last on 18 July 2024 for AED 2,200,000 (AED 1,434 per sqft).
  • Rented since June 2017 on 3 Ejari contracts. The rent fell from AED 106,667 to AED 95,000 in 2019 and recovered to AED 120,000 by September 2022.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 24,600 a year (AED 16.02 per sqft).

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 307, The Polo Residences D1

What did unit 307 last sell for?

AED 2,200,000 on 18 July 2024: AED 1,434 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,866,370 in October 2014.

What is the rent for unit 307?

AED 120,000 a year on the contract signed on 12 September 2022. The previous contract, from May 2019, was AED 95,000; the unit has been rented since June 2017.

How big is unit 307?

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 307 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 307, The Polo Residences D1

Starts from the last sale price (AED 2.2M, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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