1-bed · 821 sqftThe Polo Residences E2, Meydan City · 3rd floor · completed 2017

305, The Polo Residences E2

Sold prices and rental history: sold 3 times, last in August 2022, and rented 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 9 May 2023
Last soldAED 800K15 August 2022
Current rentAED 300K /yr9 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, The Polo Residences E2

What is 305 worth today?

Last sold for AED 800,000 in 2022

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9 May 2023RentedNew contract · flagged as an outlier
AED 300,000/yr12 months · AED 367 per sqft
15 Aug 2022SoldReady
AED 800,000AED 974 per sqft
15 Apr 2021SoldReady
AED 725,000AED 883 per sqft
17 Feb 2020RentedNew contract
AED 54,000/yr12 months · AED 66 per sqft
5 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
1 Nov 2014Sold by developerOff-plan
AED 897,002AED 1,093 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 4
Parking
G-19
Developer
IGO Property Development
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 800K · August 2022

About 305, The Polo Residences E2

305 is a one-bedroom apartment of 821 sqft on the 3rd floor of The Polo Residences E2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 15 August 2022 for AED 800,000, or AED 974 per sqft, 59% above the AED 614 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 9 May 2023, is AED 300,000 a year: a gross yield of 37.5% on the 2022 price, before the service charge of about AED 17,200 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in The Polo Residences E2
600K800K2014201720202023Typical sale price by year: 2014 AED 897,206; 2015 AED 900,700; 2018 AED 750,000; 2022 AED 500,000Sold by developer, November 2014: AED 897,002 (AED 1,093 per sqft)Sold, April 2021: AED 725,000 (AED 883 per sqft)Sold, August 2022: AED 800,000 (AED 974 per sqft)

305 has sold 3 times; 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 E2
60K80K2017202020232026Typical rent by year: 2017 AED 69,000; 2018 AED 65,000; 2019 AED 58,000; 2020 AED 50,000; 2021 AED 48,500; 2022 AED 54,500; 2023 AED 62,000; 2024 AED 70,000; 2025 AED 66,000; 2026 AED 81,000New contract, February 2018: AED 70,000 a yearNew contract, February 2020: AED 54,000 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 E2, and where 305 sits

All 15 1-beds →

305 last sold in August 2022 at AED 974 per sqft, 59% above what one-beds in The Polo Residences E2 were fetching at the time (AED 614). 305's AED 300,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20251,200,000
12 Dec 20241,200,000
8 Feb 2023870,000
31 Mar 2022500,000
0 1-bed sales in the last 12 months

The Polo Residences E2

Building

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

Typical price per sqft
AED 1,694
Typical sale
AED 2.6M
Typical rent
AED 83K /yr
Typical yield
6.0%
The Polo Residences E2, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences E2
Value
3011-bedAED 500K · Mar 2022
3022-bedAED 2.53M · Aug 2025
3032-bedAED 1.8M · Aug 2023
3041-bedAED 473K · Mar 2018
3061-bedAED 893K · Jun 2015
3072-bedAED 1.5M · Sep 2022
3082-bedAED 2.6M · Feb 2026
1–7 of 8

305, The Polo Residences E2 in numbers

  • Sold 3 times: first on 1 November 2014 for AED 897,002, last on 15 August 2022 for AED 800,000 (AED 974 per sqft).
  • Rented since February 2018 on 3 Ejari contracts. The rent fell from AED 70,000 to AED 54,000 in 2020 and recovered to AED 300,000 by May 2023.
  • At AED 300,000 a year the gross yield on the 2022 price is 37.5%, before a service charge of about AED 17,200 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 9 May 2023.

Questions about 305, The Polo Residences E2

What did unit 305 last sell for?

AED 800,000 on 15 August 2022: AED 974 per sqft for 821 sqft. The unit has 3 registered sales; the first was AED 897,002 in November 2014.

What is the rent for unit 305?

AED 300,000 a year on the contract signed on 9 May 2023. The previous contract, from February 2020, was AED 54,000; 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.

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Mortgage on 305, The Polo Residences E2

Starts from the last sale price (AED 800K, 15 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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