2-bed · 1,535 sqftThe Polo Residences D1, Meydan City · 3rd floor · completed 2017

308, The Polo Residences D1

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

Unit 308 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 2.2M10 January 2024
Current rentAED 95K /yr14 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Polo Residences D1

What is 308 worth today?

Last sold for AED 2,200,000 in 2024

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10 Jan 2024SoldReady
AED 2,200,000AED 1,433 per sqft
14 Feb 2023RentedRenewal
AED 95,000/yr12 months · AED 62 per sqft
14 Feb 2022RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
14 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
15 Nov 2017RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
30 Oct 2014Sold by developerOff-plan
AED 1,866,370AED 1,216 per sqft

Source: Dubai Land Department. Updated 10 January 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
3rd of 4
Parking
G-05
Developer
IGO Property Development
Completed
2017
Service charge
AED 24,600 /yr
Last sold
AED 2.2M · January 2024

About 308, The Polo Residences D1

308 is a two-bedroom apartment of 1,535 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 10 January 2024 for AED 2,200,000, or AED 1,433 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 14 February 2023, is AED 95,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 24,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, January 2024: AED 2,200,000 (AED 1,433 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 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, November 2017: AED 115,000 a yearNew contract, February 2021: AED 80,000 a yearRenewal, February 2022: AED 80,000 a yearRenewal, February 2023: AED 95,000 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 308 sits

All 16 2-beds →

308's AED 95,000 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
18 Jul 20242,200,000
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
3072-bedAED 2.2M · Jul 2024
1–7 of 8

308, The Polo Residences D1 in numbers

  • Sold twice: first on 30 October 2014 for AED 1,866,370, last on 10 January 2024 for AED 2,200,000 (AED 1,433 per sqft).
  • Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2022 and recovered to AED 95,000 by February 2023.
  • At AED 95,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 24,600 a year (AED 16.02 per sqft).

Source: Dubai Land Department. Updated 10 January 2024.

Questions about 308, The Polo Residences D1

What did unit 308 last sell for?

AED 2,200,000 on 10 January 2024: AED 1,433 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,866,370 in October 2014.

What is the rent for unit 308?

AED 95,000 a year on the contract renewed on 14 February 2023. The previous contract, from February 2022, was AED 80,000; the unit has been rented since November 2017.

How big is unit 308?

1,535 sqft (142.6 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.

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Mortgage on 308, The Polo Residences D1

Starts from the last sale price (AED 2.2M, 10 January 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 →