308, The Polo Residences E3
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, The Polo Residences E3
What is 308 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,535 sqft
- Floor
- 3rd of 4
- Parking
- G-05
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.15M · March 2022
- Building
- The Polo Residences E3
About 308, The Polo Residences E3
308 is a two-bedroom apartment of 1,535 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 31 March 2022 for AED 1,150,000, or AED 749 per sqft, in line with the AED 766 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 105,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 29,200 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 308 sits
All 16 2-beds →308 last sold in March 2022 at AED 749 per sqft, in line with what two-beds in The Polo Residences E3 were fetching at the time (AED 766). 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. 308's AED 105,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20267 January 2026 | 1,534 sqft | 2,550,000 | 1,662 | ||
| 28 Oct 202528 October 2025 | 1,535 sqft | 2,600,000 | 1,694 | ||
| 16 Jan 202516 January 2025 | 1,534 sqft | 2,250,000 | 1,466 | ||
| 24 Nov 202324 November 2023 | 1,493 sqft | 2,025,000 | 1,356 |
The Polo Residences E3
Building31 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%
Other units on the 3rd floor
All 31 units in The Polo Residences E3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 814 sqft | AED 780KAED 780,000 · Nov 2022November 2022 | 45,000 /yr | |
| 302 | 2-bed | 1,494 sqft | AED 1.77MAED 1,770,000 · Jul 2023July 2023 | 110,000 /yr | |
| 303 | 2-bed | 1,534 sqft | AED 2.55MAED 2,550,000 · Jan 2026January 2026 | 121,000 /yr | |
| 304 | 1-bed | 826 sqft | AED 1.01MAED 1,011,372 · Feb 2015February 2015 | 55,200 /yr | |
| 305 | 1-bed | 821 sqft | AED 906KAED 905,795 · Jan 2015January 2015 | 70,000 /yr | |
| 306 | 1-bed | 821 sqft | AED 1.25MAED 1,250,000 · Aug 2026August 2026 | 82,000 /yr | |
| 307 | 2-bed | 1,534 sqft | AED 750KAED 750,000 · Oct 2022October 2022 | 75,000 /yr | |
| 309 | 1-bed | 814 sqft | AED 526KAED 526,000 · Mar 2022March 2022 | 59,800 /yr |
308, The Polo Residences E3 in numbers
- Sold twice: first on 8 November 2014 for AED 1,639,375, last on 31 March 2022 for AED 1,150,000 (AED 749 per sqft).
- Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 85,000 in 2023 and recovered to AED 105,000 by October 2024.
- At AED 105,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 29,200 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 15 October 2024.
Questions about 308, The Polo Residences E3
What did unit 308 last sell for?
AED 1,150,000 on 31 March 2022: AED 749 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,639,375 in November 2014.
What is the rent for unit 308?
AED 105,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2024, was AED 105,000; the unit has been rented since October 2017.
How big is unit 308?
1,535 sqft (142.6 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.
What is unit 308 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 308, The Polo Residences E3
Starts from the last sale price (AED 1.15M, 31 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →