1-bed · 813 sqftThe Polo Residences D5, Meydan City · 3rd floor · completed 2017

301, The Polo Residences D5

Sold prices and rental history: sold 3 times, last in October 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 17 October 2019
Last soldAED 750K17 October 2019
Current rentAED 65K /yr26 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, The Polo Residences D5

What is 301 worth today?

Last sold for AED 750,000 in 2019

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17 Oct 2019SoldReady
AED 750,000AED 922 per sqft
26 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
16 Jan 2018SoldReady
AED 1,024,901AED 1,260 per sqft
28 Sep 2017RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
9 Feb 2017Sold by developerOff-plan
AED 1,024,901AED 1,260 per sqft

Source: Dubai Land Department. Updated 17 October 2019.

Key facts

Type
1-bed apartment
Size
813 sqft
Floor
3rd of 4
Parking
G-32
Developer
IGO Property Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 750K · October 2019

About 301, The Polo Residences D5

301 is a one-bedroom apartment of 813 sqft on the 3rd floor of The Polo Residences D5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 17 October 2019 for AED 750,000, or AED 922 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 26 November 2018, is AED 65,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in The Polo Residences D5
600K800K1M20162018202020222024Typical sale price by year: 2016 AED 1,024,785; 2017 AED 1,024,901; 2021 AED 650,000; 2023 AED 940,000Sold by developer, February 2017: AED 1,024,901 (AED 1,260 per sqft)Sold, January 2018: AED 1,024,901 (AED 1,260 per sqft)Sold, October 2019: AED 750,000 (AED 922 per sqft)

301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 301, each contractTypical one-bed in The Polo Residences D5
60K80K2017202020232026Typical rent by year: 2017 AED 67,250; 2018 AED 64,808; 2019 AED 60,000; 2020 AED 55,000; 2021 AED 47,000; 2022 AED 53,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 70,350New contract, September 2017: AED 70,000 a yearNew contract, November 2018: AED 65,000 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 D5, and where 301 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 31,169 to 91,954, around AED 75 per sqft, and rent for AED 66,990 to 80,000 a year. 301's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 202631,169
13 Jan 202691,954
4 Oct 20241,200,000
13 Dec 2023950,000
2 1-bed sales in the last 12 months

The Polo Residences D5

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.

Typical price per sqft
AED 75
Typical sale
AED 62K
Typical rent
AED 75K /yr
Typical yield
118.9%
The Polo Residences D5, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences D5
Value
3022-bedAED 2M · Mar 2024
3032-bedAED 2.05M · May 2024
3041-bedAED 950K · Dec 2023
3051-bedAED 650K · Jun 2021
3061-bedAED 650K · Jun 2021
3072-bedAED 1.75M · Aug 2023
3082-bedAED 2.3M · Dec 2023
1–7 of 8

301, The Polo Residences D5 in numbers

  • Sold 3 times: first on 9 February 2017 for AED 1,024,901, last on 17 October 2019 for AED 750,000 (AED 922 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, from AED 70,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 11,600 a year (AED 14.21 per sqft).
  • One-beds in The Polo Residences D5 sold for AED 31,169–91,954 in the 12 months to November 2026; the building's median across all types is AED 75 per sqft.

Source: Dubai Land Department. Updated 17 October 2019.

Questions about 301, The Polo Residences D5

What did unit 301 last sell for?

AED 750,000 on 17 October 2019: AED 922 per sqft for 813 sqft. The unit has 3 registered sales; the first was AED 1,024,901 in February 2017.

What is the rent for unit 301?

AED 65,000 a year on the contract signed on 26 November 2018. The previous contract, from September 2017, was AED 70,000.

How big is unit 301?

813 sqft (75.5 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 301 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 D5 sold for AED 31,169 to 91,954 in the last 12 months, around AED 75 per sqft.

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Mortgage on 301, The Polo Residences D5

Starts from the last sale price (AED 750K, 17 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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