1-bed · 814 sqftThe Polo Residences E3, Meydan City · 3rd floor · completed 2017

301, The Polo Residences E3

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 4 November 2022
Last soldAED 780K4 November 2022
Current rentAED 45K /yr15 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, The Polo Residences E3

What is 301 worth today?

Last sold for AED 780,000 in 2022

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4 Nov 2022SoldReady
AED 780,000AED 958 per sqft
15 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
1 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
1 Jul 2018RentedNew contract
AED 64,000/yr12 months · AED 78 per sqft
21 Jun 2016SoldOff-plan
AED 1,000,000AED 1,228 per sqft
11 Nov 2014Sold by developerOff-plan
AED 897,206AED 1,102 per sqft

Source: Dubai Land Department. Updated 4 November 2022.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
3rd of 4
Parking
G-32
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,500 /yr
Last sold
AED 780K · November 2022

About 301, The Polo Residences E3

301 is a one-bedroom apartment of 814 sqft on the 3rd floor of The Polo Residences E3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 4 November 2022 for AED 780,000, or AED 958 per sqft, in line with the AED 958 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 15 January 2021, is AED 45,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 15,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in The Polo Residences E3
800K1M20142017202020232026Typical sale price by year: 2014 AED 1,051,369; 2015 AED 912,710; 2017 AED 960,000; 2022 AED 780,000; 2025 AED 1,090,000Sold by developer, November 2014: AED 897,206 (AED 1,102 per sqft)Sold, June 2016: AED 1,000,000 (AED 1,228 per sqft)Sold, November 2022: AED 780,000 (AED 958 per sqft)

301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 301, each contractTypical one-bed in The Polo Residences E3
60K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 65,000; 2019 AED 56,792; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 50,875; 2023 AED 57,475; 2024 AED 62,700; 2025 AED 66,701; 2026 AED 72,000New contract, July 2018: AED 64,000 a yearNew contract, November 2019: AED 55,000 a yearNew contract, January 2021: AED 45,000 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 E3, and where 301 sits

All 15 1-beds →

301 last sold in November 2022 at AED 958 per sqft, in line with what one-beds in The Polo Residences E3 were fetching at the time (AED 958). Over the last 12 months one-beds sold for AED 1,250,000, around AED 1,523 per sqft, and rent for AED 70,000 to 100,000 a year. 301's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,250,000
5 May 20251,070,000
7 Feb 20251,200,000
10 Jan 20251,090,000
1 1-bed sale in the last 12 months

The Polo Residences E3

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 1,593
Typical sale
AED 1.9M
Typical rent
AED 113K /yr
Typical yield
5.6%
The Polo Residences E3, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 31 units in The Polo Residences E3
Value
3022-bedAED 1.77M · Jul 2023
3032-bedAED 2.55M · Jan 2026
3041-bedAED 1.01M · Feb 2015
3051-bedAED 906K · Jan 2015
3061-bedAED 1.25M · Aug 2026
3072-bedAED 750K · Oct 2022
3082-bedAED 1.15M · Mar 2022
1–7 of 8

301, The Polo Residences E3 in numbers

  • Sold 3 times: first on 11 November 2014 for AED 897,206, last on 4 November 2022 for AED 780,000 (AED 958 per sqft).
  • Rented since July 2018 on 3 Ejari contracts, from AED 64,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 15,500 a year (AED 19.00 per sqft).
  • One-beds in The Polo Residences E3 sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,593 per sqft.

Source: Dubai Land Department. Updated 4 November 2022.

Questions about 301, The Polo Residences E3

What did unit 301 last sell for?

AED 780,000 on 4 November 2022: AED 958 per sqft for 814 sqft. The unit has 3 registered sales; the first was AED 897,206 in November 2014.

What is the rent for unit 301?

AED 45,000 a year on the contract signed on 15 January 2021. The previous contract, from November 2019, was AED 55,000; the unit has been rented since July 2018.

How big is unit 301?

814 sqft (75.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Polo Residences E3 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,523 per sqft.

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Mortgage on 301, The Polo Residences E3

Starts from the last sale price (AED 780K, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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