1-bed · 803 sqftThe Polo Residences E1, Meydan City · 3rd floor · completed 2017

304, The Polo Residences E1

Sold prices and rental history: sold twice, last in September 2020, and rented once, from April 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 14 September 2020
Last soldAED 700K14 September 2020
Current rentAED 65K /yr1 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The Polo Residences E1

What is 304 worth today?

Last sold for AED 700,000 in 2020

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14 Sep 2020SoldReady
AED 700,000AED 871 per sqft
1 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
1 Nov 2014Sold by developerOff-plan
AED 894,626AED 1,113 per sqft

Source: Dubai Land Department. Updated 14 September 2020.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
3rd of 4
Parking
G-11
Developer
IGO Property Development
Completed
2017
Service charge
AED 13,400 /yr
Last sold
AED 700K · September 2020

About 304, The Polo Residences E1

304 is a one-bedroom apartment of 803 sqft on the 3rd floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 14 September 2020 for AED 700,000, or AED 871 per sqft.

One Ejari contract is registered, from 1 April 2019. The current contract, signed on 1 April 2019, is AED 65,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 13,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in The Polo Residences E1
600K800K1M2014201720202023Typical sale price by year: 2014 AED 1,010,011; 2018 AED 818,500; 2020 AED 660,000; 2022 AED 700,000Sold by developer, November 2014: AED 894,626 (AED 1,113 per sqft)Sold, September 2020: AED 700,000 (AED 871 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in The Polo Residences E1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 70,500; 2019 AED 69,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 64,400; 2024 AED 90,000; 2025 AED 87,250; 2026 AED 79,000New contract, April 2019: 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 E1, and where 304 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 1,550,000, around AED 1,718 per sqft, and rent for AED 65,000 to 87,000 a year. 304's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 20251,550,000
18 Feb 20251,550,000
6 Apr 2023512,500
31 Mar 2022606,113
1 1-bed sale in the last 12 months

The Polo Residences E1

Building

31 apartments, 1-bed to 2-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 1,499
Typical sale
AED 2.29M
Typical rent
AED 84K /yr
Typical yield
6.2%
The Polo Residences E1, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences E1
Value
3012-bedAED 2.4M · Mar 2025
3021-bedAED 700K · Mar 2022
3032-bedAED 1.75M · Oct 2017
3051-bedAED 650K · Oct 2020
3062-bedAED 2.4M · Aug 2024
3071-bedAED 1.55M · Nov 2025
3082-bedAED 1.77M · Jan 2015
1–7 of 8

304, The Polo Residences E1 in numbers

  • Sold twice: first on 1 November 2014 for AED 894,626, last on 14 September 2020 for AED 700,000 (AED 871 per sqft).
  • Rented since April 2019 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 13,400 a year (AED 16.63 per sqft).
  • One-beds in The Polo Residences E1 sold for AED 1,550,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,499 per sqft.

Source: Dubai Land Department. Updated 14 September 2020.

Questions about 304, The Polo Residences E1

What did unit 304 last sell for?

AED 700,000 on 14 September 2020: AED 871 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 894,626 in November 2014.

What is the rent for unit 304?

AED 65,000 a year on the contract signed on 1 April 2019.

How big is unit 304?

803 sqft (74.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 304 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 E1 sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 304, The Polo Residences E1

Starts from the last sale price (AED 700K, 14 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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