1-bed · 821 sqftThe Polo Residences D5, Meydan City · 3rd floor · completed 2017

305, The Polo Residences D5

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 650K6 June 2021
Current rentAED 82K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, The Polo Residences D5

What is 305 worth today?

Last sold for AED 650,000 in 2021

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1 Jan 2025RentedNew contract
AED 82,000/yr12 months · AED 100 per sqft
23 Nov 2023RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
23 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
15 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
6 Jun 2021SoldReady
AED 650,000AED 792 per sqft
17 Sep 2020RentedNew contract
AED 55,000/yr8 months · AED 67 per sqft
20 May 2020RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
20 May 2019RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 4
Parking
G-20
Developer
IGO Property Development
Completed
2017
Service charge
AED 11,700 /yr
Last sold
AED 650K · June 2021

About 305, The Polo Residences D5

305 is a one-bedroom apartment of 821 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 6 June 2021 for AED 650,000, or AED 792 per sqft, in line with the AED 792 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 January 2025, is AED 82,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 11,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, April 2016: AED 1,024,668 (AED 1,248 per sqft)Sold, June 2021: AED 650,000 (AED 792 per sqft)

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

Rents
Unit 305, 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, February 2018: AED 64,615 a yearNew contract, May 2019: AED 60,000 a yearNew contract, May 2020: AED 55,000 a yearNew contract, September 2020: AED 55,000 a yearNew contract, November 2021: AED 50,000 a yearNew contract, November 2022: AED 70,000 a yearRenewal, November 2023: AED 70,000 a yearNew contract, January 2025: AED 82,000 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 305 sits

All 15 1-beds →

305 last sold in June 2021 at AED 792 per sqft, in line with what one-beds in The Polo Residences D5 were fetching at the time (AED 792). 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. 305's AED 82,000 is at the top 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
3011-bedAED 750K · Oct 2019
3022-bedAED 2M · Mar 2024
3032-bedAED 2.05M · May 2024
3041-bedAED 950K · Dec 2023
3061-bedAED 650K · Jun 2021
3072-bedAED 1.75M · Aug 2023
3082-bedAED 2.3M · Dec 2023
1–7 of 8

305, The Polo Residences D5 in numbers

  • Sold twice: first on 18 April 2016 for AED 1,024,668, last on 6 June 2021 for AED 650,000 (AED 792 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 64,615 to AED 50,000 in 2021 and recovered to AED 82,000 by January 2025.
  • At AED 82,000 a year the gross yield on the 2021 price is 12.6%, before a service charge of about AED 11,700 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 1 January 2025.

Questions about 305, The Polo Residences D5

What did unit 305 last sell for?

AED 650,000 on 6 June 2021: AED 792 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 1,024,668 in April 2016.

What is the rent for unit 305?

AED 82,000 a year on the contract signed on 1 January 2025. The previous contract, from November 2023, was AED 70,000; the unit has been rented since February 2018.

How big is unit 305?

821 sqft (76.3 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 305 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 305, The Polo Residences D5

Starts from the last sale price (AED 650K, 6 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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