2-bed · 1,555 sqftThe Polo Residences E1, Meydan City · 3rd floor · completed 2017

308, The Polo Residences E1

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 1.77M10 January 2015
Current rentAED 150K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Polo Residences E1

What is 308 worth today?

Last sold for AED 1,769,000 in 2015

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15 Sep 2026RentedNew contract
AED 150,000/yr12 months · AED 96 per sqft
15 Mar 2026RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
15 Mar 2025RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
15 Mar 2025RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
7 Apr 2023RentedRenewal
AED 72,000/yr24 months · AED 46 per sqft
6 Apr 2021RentedNew contract
AED 39,945/yr24 months · AED 26 per sqft
1 Feb 2020RentedRenewal
AED 95,000/yr12 months · AED 61 per sqft
1 Feb 2019RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
2-bed apartment
Size
1,555 sqft
Floor
3rd of 4
Parking
G-01
Developer
IGO Property Development
Completed
2017
Service charge
AED 25,900 /yr
Last sold
AED 1.77M · January 2015

About 308, The Polo Residences E1

308 is a two-bedroom apartment of 1,555 sqft on the 3rd floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 10 January 2015 for AED 1,769,000, or AED 1,137 per sqft, 8% above the AED 1,054 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 15 September 2026, is AED 150,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 25,900 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in The Polo Residences E1
2M2.5M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2023 AED 2,000,000; 2024 AED 2,400,000Sold by developer, January 2015: AED 1,769,000 (AED 1,137 per sqft)

308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in The Polo Residences E1
100K2017202020232026Typical rent by year: 2017 AED 116,500; 2018 AED 109,385; 2019 AED 100,000; 2020 AED 89,880; 2021 AED 85,000; 2022 AED 95,000; 2023 AED 93,992; 2024 AED 110,000; 2025 AED 155,000; 2026 AED 140,000New contract, February 2018: AED 115,000 a yearNew contract, February 2019: AED 100,000 a yearRenewal, February 2020: AED 95,000 a yearNew contract, April 2021: AED 39,945 a yearRenewal, April 2023: AED 72,000 a yearNew contract, March 2025: AED 170,000 a yearNew contract, March 2025: AED 170,000 a yearRenewal, March 2026: AED 170,000 a yearNew contract, September 2026: AED 150,000 a year

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 E1, and where 308 sits

All 16 2-beds →

308 last sold in January 2015 at AED 1,137 per sqft, 8% above what two-beds in The Polo Residences E1 were fetching at the time (AED 1,054). Over the last 12 months two-beds sold for AED 3,020,000, around AED 1,280 per sqft, and rent for AED 130,000 to 170,000 a year. 308's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20263,020,000
16 Jun 20252,582,317
24 Mar 20252,400,000
28 Nov 20242,400,000
1 2-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
3041-bedAED 700K · Sep 2020
3051-bedAED 650K · Oct 2020
3062-bedAED 2.4M · Aug 2024
3071-bedAED 1.55M · Nov 2025
1–7 of 8

308, The Polo Residences E1 in numbers

  • Sold once: by IGO Property Development on 10 January 2015 for AED 1,769,000, or AED 1,137 per sqft.
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 39,945 in 2021 and recovered to AED 150,000 by September 2026.
  • At AED 150,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 25,900 a year (AED 16.63 per sqft).
  • Two-beds in The Polo Residences E1 sold for AED 3,020,000–3,020,000 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 15 September 2026.

Questions about 308, The Polo Residences E1

What did unit 308 last sell for?

AED 1,769,000 on 10 January 2015, sold by the developer: AED 1,137 per sqft for 1,555 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 150,000 a year on the contract signed on 15 September 2026. The previous contract, from March 2026, was AED 170,000; the unit has been rented since February 2018.

How big is unit 308?

1,555 sqft (144.5 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. Two-beds in The Polo Residences E1 sold for AED 3,020,000 to 3,020,000 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 308, The Polo Residences E1

Starts from the last sale price (AED 1.77M, 10 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,769,000
Deposit, UAE resident (20%)
AED 353,800
Deposit, non-resident (40%)
AED 707,600
Monthly over 25 years at 3.7%
AED 7,238

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