309, The Polo Residences E2
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, The Polo Residences E2
What is 309 worth today?
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Source: Dubai Land Department. Updated 23 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 814 sqft
- Floor
- 3rd of 4
- Parking
- G-17
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 17,100 /yr
- Last sold
- AED 500K · March 2022
- Building
- The Polo Residences E2
About 309, The Polo Residences E2
309 is a one-bedroom apartment of 814 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 31 March 2022 for AED 500,000, or AED 614 per sqft, in line with the AED 614 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 23 December 2024, is AED 75,000 a year: a gross yield of 15.0% on the 2022 price, before the service charge of about AED 17,100 a year.
Sales and rents for 309 over time
309 has sold twice; the dashed line is the one-bed median of each year in the building.
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 309 sits
All 15 1-beds →309 last sold in March 2022 at AED 614 per sqft, in line with what one-beds in The Polo Residences E2 were fetching at the time (AED 614). 309's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20255 August 2025 | 826 sqft | 1,200,000 | 1,453 | ||
| 12 Dec 202412 December 2024 | 814 sqft | 1,200,000 | 1,474 | ||
| 8 Feb 20238 February 2023 | 821 sqft | 870,000 | 1,060 | ||
| 15 Aug 202215 August 2022 | 821 sqft | 800,000 | 974 |
The Polo Residences E2
Building31 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%
Other units on the 3rd floor
All 31 units in The Polo Residences E2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 814 sqft | AED 500KAED 500,000 · Mar 2022March 2022 | 63,894 /yr | |
| 302 | 2-bed | 1,494 sqft | AED 2.53MAED 2,525,000 · Aug 2025August 2025 | 94,344 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 1.8MAED 1,800,000 · Aug 2023August 2023 | 180,000 /yr | |
| 304 | 1-bed | 826 sqft | AED 473KAED 472,500 · Mar 2018March 2018 | ||
| 305 | 1-bed | 821 sqft | AED 800KAED 800,000 · Aug 2022August 2022 | 300,000 /yr | |
| 306 | 1-bed | 821 sqft | AED 893KAED 893,471 · Jun 2015June 2015 | 56,000 /yr | |
| 307 | 2-bed | 1,534 sqft | AED 1.5MAED 1,500,000 · Sep 2022September 2022 | 85,000 /yr | |
| 308 | 2-bed | 1,535 sqft | AED 2.6MAED 2,600,000 · Feb 2026February 2026 | 160,000 /yr |
309, The Polo Residences E2 in numbers
- Sold twice: first on 8 November 2014 for AED 897,206, last on 31 March 2022 for AED 500,000 (AED 614 per sqft).
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2021 and recovered to AED 75,000 by December 2024.
- At AED 75,000 a year the gross yield on the 2022 price is 15.0%, before a service charge of about AED 17,100 a year (AED 21.00 per sqft).
Source: Dubai Land Department. Updated 23 December 2024.
Questions about 309, The Polo Residences E2
What did unit 309 last sell for?
AED 500,000 on 31 March 2022: AED 614 per sqft for 814 sqft. The unit has 2 registered sales; the first was AED 897,206 in November 2014.
What is the rent for unit 309?
AED 75,000 a year on the contract renewed on 23 December 2024. The previous contract, from December 2024, was AED 75,000; the unit has been rented since January 2018.
How big is unit 309?
814 sqft (75.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.
What is unit 309 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 309, The Polo Residences E2
Starts from the last sale price (AED 500K, 31 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →