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2-bed · 1,494 sqftThe Polo Residences E3, Meydan City · 3rd floor · completed 2017

302, The Polo Residences E3

Sold prices and rental history: sold twice, last in July 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 1.77M12 July 2023
Current rentAED 110K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, The Polo Residences E3

What is 302 worth today?

Last sold for AED 1,770,000 in 2023

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12 Jul 2023SoldReady
AED 1,770,000AED 1,184 per sqft
15 Nov 2022RentedRenewal
AED 110,000/yr6 months · AED 74 per sqft
15 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
14 Oct 2014Sold by developerOff-plan
AED 1,639,375AED 1,097 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
2-bed apartment
Size
1,494 sqft
Floor
3rd of 4
Parking
G-08
Developer
IGO Property Development
Completed
2017
Service charge
AED 28,400 /yr
Last sold
AED 1.77M · July 2023
Building
The Polo Residences E3

About 302, The Polo Residences E3

302 is a two-bedroom apartment of 1,494 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 12 July 2023 for AED 1,770,000, or AED 1,184 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 110,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 28,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in The Polo Residences E3
1.5M1.75M2M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2015 AED 1,639,375; 2022 AED 1,500,000; 2023 AED 1,950,000Sold by developer, October 2014: AED 1,639,375 (AED 1,097 per sqft)Sold, July 2023: AED 1,770,000 (AED 1,184 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in The Polo Residences E3
100K150K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 88,000; 2022 AED 110,000; 2023 AED 110,000; 2024 AED 123,000; 2025 AED 157,000; 2026 AED 145,000New contract, November 2021: AED 90,000 a yearRenewal, November 2022: AED 110,000 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 E3, and where 302 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 2,550,000, around AED 1,662 per sqft, and rent for AED 125,000 to 170,000 a year. 302's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 20262,550,000
28 Oct 20252,600,000
16 Jan 20252,250,000
24 Nov 20232,025,000
1 2-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
3011-bedAED 780K · Nov 2022
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

302, The Polo Residences E3 in numbers

  • Sold twice: first on 14 October 2014 for AED 1,639,375, last on 12 July 2023 for AED 1,770,000 (AED 1,184 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 90,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 28,400 a year (AED 19.00 per sqft).
  • Two-beds in The Polo Residences E3 sold for AED 2,550,000–2,550,000 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 12 July 2023.

Questions about 302, The Polo Residences E3

What did unit 302 last sell for?

AED 1,770,000 on 12 July 2023: AED 1,184 per sqft for 1,494 sqft. The unit has 2 registered sales; the first was AED 1,639,375 in October 2014.

What is the rent for unit 302?

AED 110,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 90,000.

How big is unit 302?

1,494 sqft (138.8 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 302 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 E3 sold for AED 2,550,000 to 2,550,000 in the last 12 months, around AED 1,662 per sqft.

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Mortgage on 302, The Polo Residences E3

Starts from the last sale price (AED 1.77M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

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