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

309, The Polo Residences E3

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.

Unit 309 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 526K31 March 2022
Current rentAED 60K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, The Polo Residences E3

What is 309 worth today?

Last sold for AED 526,000 in 2022

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1 Feb 2025RentedRenewal
AED 59,800/yr12 months · AED 73 per sqft
1 Feb 2025RentedRenewal
AED 59,800/yr12 months · AED 73 per sqft
1 Feb 2024RentedRenewal
AED 52,000/yr12 months · AED 64 per sqft
1 Feb 2023RentedRenewal
AED 55,500/yr12 months · AED 68 per sqft
31 Mar 2022SoldReady
AED 526,000AED 646 per sqft
1 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
1 Feb 2021RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
1 Feb 2020RentedRenewal
AED 55,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

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 15,500 /yr
Last sold
AED 526K · March 2022

About 309, The Polo Residences E3

309 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 31 March 2022 for AED 526,000, or AED 646 per sqft.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 59,800 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 15,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in The Polo Residences E3
500K1M20142017202020232026Typical 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, March 2022: AED 526,000 (AED 646 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in The Polo Residences E3
50K60K70K2017202020232026Typical 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, February 2018: AED 65,000 a yearNew contract, January 2019: AED 58,583 a yearRenewal, February 2020: AED 55,000 a yearRenewal, February 2021: AED 50,000 a yearRenewal, February 2022: AED 50,000 a yearRenewal, February 2023: AED 55,500 a yearRenewal, February 2024: AED 52,000 a yearRenewal, February 2025: AED 59,800 a yearRenewal, February 2025: AED 59,800 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 309 sits

All 15 1-beds →

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. 309's AED 59,800 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
3011-bedAED 780K · Nov 2022
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
1–7 of 8

309, The Polo Residences E3 in numbers

  • Sold twice: first on 8 November 2014 for AED 897,206, last on 31 March 2022 for AED 526,000 (AED 646 per sqft).
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2022 and recovered to AED 59,800 by February 2025.
  • At AED 59,800 a year the gross yield on the 2022 price is 11.4%, 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 1 February 2025.

Questions about 309, The Polo Residences E3

What did unit 309 last sell for?

AED 526,000 on 31 March 2022: AED 646 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 59,800 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 59,800; the unit has been rented since February 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. 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 309, The Polo Residences E3

Starts from the last sale price (AED 526K, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 526,000
Deposit, UAE resident (20%)
AED 105,200
Deposit, non-resident (40%)
AED 210,400
Monthly over 25 years at 3.7%
AED 2,152

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