
308, The Polo Residences D5
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, The Polo Residences D5
What is 308 worth today?
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Source: Dubai Land Department. Updated 13 December 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 21,800 /yr
- Last sold
- AED 2.3M · December 2023
- Building
- The Polo Residences D5
About 308, The Polo Residences D5
308 is a two-bedroom apartment of 1,535 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 13 December 2023 for AED 2,300,000, or AED 1,498 per sqft, 22% above the AED 1,229 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 91,300 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 21,800 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 D5, and where 308 sits
All 12 2-beds →308 last sold in December 2023 at AED 1,498 per sqft, 22% above what two-beds in The Polo Residences D5 were fetching at the time (AED 1,229).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20257 October 2025 | 1,535 sqft | 3,200,000 | 2,084 | ||
| 1 Nov 20241 November 2024 | 1,535 sqft | 1,950,000 | 1,270 | ||
| 10 Sep 202410 September 2024 | 1,493 sqft | 2,000,000 | 1,339 | ||
| 16 May 202416 May 2024 | 1,535 sqft | 2,075,000 | 1,352 |
The Polo Residences D5
Building30 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%
Other units on the 3rd floor
All 30 units in The Polo Residences D5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 813 sqft | AED 750KAED 750,000 · Oct 2019October 2019 | 65,000 /yr | |
| 302 | 2-bed | 1,535 sqft | AED 2MAED 2,000,000 · Mar 2024March 2024 | 91,300 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 2.05MAED 2,050,000 · May 2024May 2024 | 126,000 /yr | |
| 304 | 1-bed | 821 sqft | AED 950KAED 950,000 · Dec 2023December 2023 | 66,990 /yr | |
| 305 | 1-bed | 821 sqft | AED 650KAED 650,000 · Jun 2021June 2021 | 82,000 /yr | |
| 306 | 1-bed | 826 sqft | AED 650KAED 650,000 · Jun 2021June 2021 | 70,000 /yr | |
| 307 | 2-bed | 1,515 sqft | AED 1.75MAED 1,750,000 · Aug 2023August 2023 | 98,175 /yr | |
| 309 | 1-bed | 814 sqft | AED 650KAED 650,000 · Jun 2021June 2021 | 70,000 /yr |
308, The Polo Residences D5 in numbers
- Sold twice: first on 9 March 2016 for AED 1,920,059, last on 13 December 2023 for AED 2,300,000 (AED 1,498 per sqft).
- Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 82,000 in 2020 and recovered to AED 91,300 by December 2022.
- At AED 91,300 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 21,800 a year (AED 14.21 per sqft).
Source: Dubai Land Department. Updated 13 December 2023.
Questions about 308, The Polo Residences D5
What did unit 308 last sell for?
AED 2,300,000 on 13 December 2023: AED 1,498 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,920,059 in March 2016.
What is the rent for unit 308?
AED 91,300 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 83,000; the unit has been rented since December 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 D5
Starts from the last sale price (AED 2.3M, 13 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →