2-bed · 1,534 sqftThe Polo Residences E2, Meydan City · 3rd floor · completed 2017

307, The Polo Residences E2

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 1.5M7 September 2022
Current rentAED 85K /yr14 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, The Polo Residences E2

What is 307 worth today?

Last sold for AED 1,500,000 in 2022

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14 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
7 Sep 2022SoldReady
AED 1,500,000AED 977 per sqft
14 Sep 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
1 Jun 2020RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
5 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
10 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
1 Jan 2018RentedNew contract
AED 108,000/yr12 months · AED 70 per sqft
10 May 2015Sold by developerOff-plan
AED 1,624,125AED 1,058 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
3rd of 4
Parking
G-06
Developer
IGO Property Development
Completed
2017
Service charge
AED 32,200 /yr
Last sold
AED 1.5M · September 2022

About 307, The Polo Residences E2

307 is a two-bedroom apartment of 1,534 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 7 September 2022 for AED 1,500,000, or AED 977 per sqft, 25% above the AED 779 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 14 September 2022, is AED 85,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 32,200 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in The Polo Residences E2
1.25M1.5M1.75M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2015 AED 1,639,375; 2018 AED 1,750,000; 2019 AED 1,449,269; 2021 AED 1,225,000; 2022 AED 1,500,000Sold by developer, May 2015: AED 1,624,125 (AED 1,058 per sqft)Sold, September 2022: AED 1,500,000 (AED 977 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in The Polo Residences E2
100K150K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 95,630; 2020 AED 86,044; 2021 AED 85,000; 2022 AED 89,000; 2023 AED 96,000; 2024 AED 111,550; 2025 AED 160,000New contract, January 2018: AED 108,000 a yearNew contract, August 2018: AED 95,000 a yearNew contract, January 2020: AED 90,000 a yearNew contract, June 2020: AED 75,000 a yearNew contract, September 2021: AED 85,000 a yearNew contract, September 2022: AED 85,000 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 E2, and where 307 sits

All 16 2-beds →

307 last sold in September 2022 at AED 977 per sqft, 25% above what two-beds in The Polo Residences E2 were fetching at the time (AED 779). Over the last 12 months two-beds sold for AED 2,600,000, around AED 1,694 per sqft, and rent for AED 155,000 to 180,000 a year. 307's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20262,600,000
5 Aug 20252,525,000
29 Jul 20242,200,000
5 Jun 20242,750,000
1 2-bed sale 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
3061-bedAED 893K · Jun 2015
3082-bedAED 2.6M · Feb 2026
1–7 of 8

307, The Polo Residences E2 in numbers

  • Sold twice: first on 10 May 2015 for AED 1,624,125, last on 7 September 2022 for AED 1,500,000 (AED 977 per sqft).
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 108,000 to AED 75,000 in 2020 and recovered to AED 85,000 by September 2022.
  • At AED 85,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 32,200 a year (AED 21.00 per sqft).
  • Two-beds in The Polo Residences E2 sold for AED 2,600,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,694 per sqft.

Source: Dubai Land Department. Updated 14 September 2022.

Questions about 307, The Polo Residences E2

What did unit 307 last sell for?

AED 1,500,000 on 7 September 2022: AED 977 per sqft for 1,534 sqft. The unit has 2 registered sales; the first was AED 1,624,125 in May 2015.

What is the rent for unit 307?

AED 85,000 a year on the contract signed on 14 September 2022. The previous contract, from September 2021, was AED 85,000; the unit has been rented since January 2018.

How big is unit 307?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 307 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 E2 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,694 per sqft.

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Mortgage on 307, The Polo Residences E2

Starts from the last sale price (AED 1.5M, 7 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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