1-bed · 814 sqftThe Polo Residences D4, Meydan City · 3rd floor · completed 2017

309, The Polo Residences D4

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 935K13 February 2018
Current rentAED 90K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, The Polo Residences D4

What is 309 worth today?

Last sold for AED 935,000 in 2018

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14 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
8 Apr 2023RentedNew contract
AED 84,765/yr12 months · AED 105 per sqft
13 Feb 2018Sold by developerReady
AED 935,000AED 1,148 per sqft

Source: Dubai Land Department. Updated 14 October 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 12,500 /yr
Last sold
AED 935K · February 2018

About 309, The Polo Residences D4

309 is a one-bedroom apartment of 814 sqft on the 3rd floor of The Polo Residences D4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 13 February 2018 for AED 935,000, or AED 1,148 per sqft, 5% below the AED 1,212 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 14 October 2024, is AED 90,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 12,500 a year.

Sales and rents for 309 over time

Rents
Unit 309, each contractTypical one-bed in The Polo Residences D4
40K60K80K2018202120242027Typical rent by year: 2018 AED 68,500; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 46,077; 2022 AED 58,000; 2023 AED 63,500; 2024 AED 69,000; 2025 AED 80,000; 2026 AED 80,000New contract, April 2023: AED 84,765 a yearNew contract, October 2024: AED 90,000 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 D4, and where 309 sits

All 15 1-beds →

309 last sold in February 2018 at AED 1,148 per sqft, 5% below what one-beds in The Polo Residences D4 were fetching at the time (AED 1,212). Over the last 12 months one-beds sold for AED 1,100,000 to 1,200,000, around AED 1,407 per sqft, and rent for AED 70,000 to 90,000 a year. 309's AED 90,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Feb 20261,200,000
20 Nov 20251,100,000
24 May 20241,340,000
21 Dec 2022850,000
2 1-bed sales in the last 12 months

The Polo Residences D4

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 4 sold in the last 12 months.

Typical price per sqft
AED 1,568
Typical sale
AED 1.88M
Typical rent
AED 80K /yr
Typical yield
6.2%
The Polo Residences D4, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences D4
Value
3011-bedAED 1.2M · Feb 2026
3022-bedAED 1.5M · Jul 2018
3032-bedAED 1.52M · Jun 2018
3041-bedAED 1M · Jan 2018
3051-bedAED 1.02M · Feb 2018
3061-bedAED 1M · Jan 2018
3072-bedAED 2.2M · Jan 2024
1–7 of 8

309, The Polo Residences D4 in numbers

  • Sold once: by IGO Property Development on 13 February 2018 for AED 935,000, or AED 1,148 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, from AED 84,765 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 12,500 a year (AED 15.41 per sqft).
  • One-beds in The Polo Residences D4 sold for AED 1,100,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,568 per sqft.

Source: Dubai Land Department. Updated 14 October 2024.

Questions about 309, The Polo Residences D4

What did unit 309 last sell for?

AED 935,000 on 13 February 2018, sold by the developer: AED 1,148 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 90,000 a year on the contract signed on 14 October 2024. The previous contract, from April 2023, was AED 84,765.

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. One-beds in The Polo Residences D4 sold for AED 1,100,000 to 1,200,000 in the last 12 months, around AED 1,407 per sqft.

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Mortgage on 309, The Polo Residences D4

Starts from the last sale price (AED 935K, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

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