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

306, The Polo Residences E2

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 20 November 2022
Last soldAED 893K16 June 2015
Current rentAED 56K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, The Polo Residences E2

What is 306 worth today?

Last sold for AED 893,471 in 2015

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20 Nov 2022RentedRenewal
AED 56,000/yr12 months · AED 68 per sqft
20 Nov 2021RentedRenewal
AED 52,000/yr12 months · AED 64 per sqft
20 Nov 2020RentedRenewal
AED 55,500/yr12 months · AED 68 per sqft
20 Nov 2019RentedRenewal
AED 62,500/yr12 months · AED 76 per sqft
20 Nov 2018RentedRenewal
AED 69,000/yr12 months · AED 84 per sqft
20 Nov 2017RentedNew contract
AED 69,000/yr12 months · AED 84 per sqft
16 Jun 2015Sold by developerOff-plan
AED 893,471AED 1,088 per sqft

Source: Dubai Land Department. Updated 20 November 2022.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 4
Parking
G-18
Developer
IGO Property Development
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 893K · June 2015

About 306, The Polo Residences E2

306 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. The developer sold it on 16 June 2015 for AED 893,471, or AED 1,088 per sqft, in line with the AED 1,102 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 56,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 17,200 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, June 2015: AED 893,471 (AED 1,088 per sqft)

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

Rents
Unit 306, 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, November 2017: AED 69,000 a yearRenewal, November 2018: AED 69,000 a yearRenewal, November 2019: AED 62,500 a yearRenewal, November 2020: AED 55,500 a yearRenewal, November 2021: AED 52,000 a yearRenewal, November 2022: AED 56,000 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 306 sits

All 15 1-beds →

306 last sold in June 2015 at AED 1,088 per sqft, in line with what one-beds in The Polo Residences E2 were fetching at the time (AED 1,102). 306's AED 56,000 is at the bottom 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
15 Aug 2022800,000
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
3051-bedAED 800K · Aug 2022
3072-bedAED 1.5M · Sep 2022
3082-bedAED 2.6M · Feb 2026
1–7 of 8

306, The Polo Residences E2 in numbers

  • Sold once: by IGO Property Development on 16 June 2015 for AED 893,471, or AED 1,088 per sqft.
  • Rented since November 2017 on 6 Ejari contracts, from AED 69,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 17,200 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 20 November 2022.

Questions about 306, The Polo Residences E2

What did unit 306 last sell for?

AED 893,471 on 16 June 2015, sold by the developer: AED 1,088 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 56,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 52,000; the unit has been rented since November 2017.

How big is unit 306?

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

What is unit 306 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 306, The Polo Residences E2

Starts from the last sale price (AED 893K, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 893,471
Deposit, UAE resident (20%)
AED 178,694
Deposit, non-resident (40%)
AED 357,388
Monthly over 25 years at 3.7%
AED 3,655

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