1-bed · 814 sqftThe Polo Residences D3, Meydan City · 3rd floor · completed 2017

309, The Polo Residences D3

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 957K25 October 2017
Current rentAED 84K /yr2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, The Polo Residences D3

What is 309 worth today?

Last sold for AED 957,000 in 2017

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2 May 2024RentedNew contract
AED 84,320/yr12 months · AED 104 per sqft
30 Apr 2023RentedRenewal
AED 68,000/yr12 months · AED 83 per sqft
30 Apr 2022RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
30 Apr 2020RentedRenewal
AED 52,000/yr12 months · AED 64 per sqft
30 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
30 Apr 2018RentedNew contract
AED 68,000/yr12 months · AED 83 per sqft
25 Oct 2017Sold by developerReady
AED 957,000AED 1,175 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
3rd of 4
Parking
G-18
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,000 /yr
Last sold
AED 957K · October 2017

About 309, The Polo Residences D3

309 is a one-bedroom apartment of 814 sqft on the 3rd floor of The Polo Residences D3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 25 October 2017 for AED 957,000, or AED 1,175 per sqft, in line with the AED 1,188 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 2 May 2024, is AED 84,320 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 12,000 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in The Polo Residences D3
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,147,589; 2016 AED 931,671; 2017 AED 957,000; 2023 AED 930,000Sold by developer, October 2017: AED 957,000 (AED 1,175 per sqft)

309 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in The Polo Residences D3
60K80K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 66,500; 2019 AED 64,500; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 54,000; 2023 AED 62,000; 2024 AED 75,000; 2025 AED 79,000; 2026 AED 77,000New contract, April 2018: AED 68,000 a yearNew contract, April 2019: AED 65,000 a yearRenewal, April 2020: AED 52,000 a yearNew contract, April 2022: AED 60,000 a yearRenewal, April 2023: AED 68,000 a yearNew contract, May 2024: AED 84,320 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 D3, and where 309 sits

All 15 1-beds →

309 last sold in October 2017 at AED 1,175 per sqft, in line with what one-beds in The Polo Residences D3 were fetching at the time (AED 1,188). 309's AED 84,320 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20251,250,000
15 Jul 20251,260,000
12 Aug 20241,200,000
12 Jan 2024900,000
0 1-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

309, The Polo Residences D3 in numbers

  • Sold once: by IGO Property Development on 25 October 2017 for AED 957,000, or AED 1,175 per sqft.
  • Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 52,000 in 2020 and recovered to AED 84,320 by May 2024.
  • At AED 84,320 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 12,000 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 2 May 2024.

Questions about 309, The Polo Residences D3

What did unit 309 last sell for?

AED 957,000 on 25 October 2017, sold by the developer: AED 1,175 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 84,320 a year on the contract signed on 2 May 2024. The previous contract, from April 2023, was AED 68,000; the unit has been rented since April 2018.

How big is unit 309?

814 sqft (75.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 309 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 309, The Polo Residences D3

Starts from the last sale price (AED 957K, 25 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 957,000
Deposit, UAE resident (20%)
AED 191,400
Deposit, non-resident (40%)
AED 382,800
Monthly over 25 years at 3.7%
AED 3,915

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