2-bed · 1,535 sqftThe Polo Residences D3, Meydan City · 3rd floor · completed 2017

308, The Polo Residences D3

Sold prices and rental history: sold 3 times, last in September 2023, 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 26 September 2023
Last soldAED 1.83M26 September 2023
Current rentAED 95K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Polo Residences D3

What is 308 worth today?

Last sold for AED 1,830,000 in 2023

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26 Sep 2023SoldReady
AED 1,830,000AED 1,192 per sqft
17 Mar 2023SoldReady
AED 1,600,000AED 1,042 per sqft
1 Mar 2023RentedRenewal
AED 95,000/yr12 months · AED 62 per sqft
1 Mar 2022RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 Mar 2021RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
29 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
15 Aug 2019RentedRenewal
AED 115,000/yr12 months · AED 75 per sqft
15 Aug 2018RentedRenewal
AED 115,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 26 September 2023.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
3rd of 4
Parking
G-07
Developer
IGO Property Development
Completed
2017
Service charge
AED 22,500 /yr
Last sold
AED 1.83M · September 2023

About 308, The Polo Residences D3

308 is a two-bedroom apartment of 1,535 sqft on the 3rd floor of The Polo Residences D3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 26 September 2023 for AED 1,830,000, or AED 1,192 per sqft, 8% above the AED 1,108 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 95,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 22,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in The Polo Residences D3
1.6M1.8M2014201720202023Typical sale price by year: 2017 AED 1,737,250; 2023 AED 1,700,000Sold by developer, December 2014: AED 1,700,000 (AED 1,107 per sqft)Sold, March 2023: AED 1,600,000 (AED 1,042 per sqft)Sold, September 2023: AED 1,830,000 (AED 1,192 per sqft)

308 has sold 3 times; 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 D3
100K125K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 105,000; 2020 AED 85,000; 2021 AED 91,000; 2022 AED 98,500; 2023 AED 120,000; 2024 AED 126,400; 2025 AED 132,000New contract, August 2017: AED 115,000 a yearRenewal, August 2018: AED 115,000 a yearRenewal, August 2019: AED 115,000 a yearNew contract, February 2020: AED 85,000 a yearRenewal, March 2021: AED 85,000 a yearRenewal, March 2022: AED 85,000 a yearRenewal, March 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 D3, and where 308 sits

All 12 2-beds →

308 last sold in September 2023 at AED 1,192 per sqft, 8% above what two-beds in The Polo Residences D3 were fetching at the time (AED 1,108). 308's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Nov 20242,260,000
31 Oct 20232,050,000
21 Aug 20231,400,000
3 Mar 20231,700,000
0 2-bed sales in the last 12 months

The Polo Residences D3

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 80K /yr
Typical yield
The Polo Residences D3, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences D3
Value
3011-bedAED 885K · Feb 2023
3022-bedAED 2.26M · Nov 2024
3032-bedAED 1.72M · Feb 2017
3041-bedAED 1.25M · Sep 2025
3051-bedAED 900K · Jan 2024
3061-bedAED 1M · Jul 2017
3072-bedAED 1.75M · May 2017
1–7 of 8

308, The Polo Residences D3 in numbers

  • Sold 3 times: first on 4 December 2014 for AED 1,700,000, last on 26 September 2023 for AED 1,830,000 (AED 1,192 per sqft).
  • Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 85,000 in 2022 and recovered to AED 95,000 by March 2023.
  • At AED 95,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 22,500 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 26 September 2023.

Questions about 308, The Polo Residences D3

What did unit 308 last sell for?

AED 1,830,000 on 26 September 2023: AED 1,192 per sqft for 1,535 sqft. The unit has 3 registered sales; the first was AED 1,700,000 in December 2014.

What is the rent for unit 308?

AED 95,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 85,000; the unit has been rented since August 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 D3

Starts from the last sale price (AED 1.83M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

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