2-bed · 1,494 sqftThe Polo Residences E4, Meydan City · 3rd floor · completed 2017

302, The Polo Residences E4

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 9 February 2024
Last soldAED 1.9M8 January 2024
Current rentAED 95K /yr9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, The Polo Residences E4

What is 302 worth today?

Last sold for AED 1,900,000 in 2024

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9 Feb 2024RentedRenewal
AED 94,500/yr12 months · AED 64 per sqft
8 Jan 2024SoldReady
AED 1,900,000AED 1,271 per sqft
9 Feb 2023RentedRenewal
AED 94,500/yr12 months · AED 63 per sqft
9 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
10 Mar 2019RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
18 Jan 2018Sold by developerReady
AED 1,650,000AED 1,104 per sqft

Source: Dubai Land Department. Updated 9 February 2024.

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 1.9M · January 2024

About 302, The Polo Residences E4

302 is a two-bedroom apartment of 1,494 sqft on the 3rd floor of The Polo Residences E4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 8 January 2024 for AED 1,900,000, or AED 1,271 per sqft, 19% above the AED 1,069 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 9 February 2024, is AED 94,500 a year: a gross yield of 5.0% on the 2024 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 E4
1.6M1.8M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2019 AED 1,500,000; 2023 AED 1,620,000Sold by developer, January 2018: AED 1,650,000 (AED 1,104 per sqft)Sold, January 2024: AED 1,900,000 (AED 1,271 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 E4
100K125K2017202020232026Typical rent by year: 2017 AED 107,000; 2018 AED 92,500; 2019 AED 95,000; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 93,000; 2023 AED 102,669; 2024 AED 137,500; 2025 AED 140,000New contract, March 2019: AED 100,000 a yearNew contract, February 2022: AED 90,000 a yearRenewal, February 2023: AED 94,500 a yearRenewal, February 2024: AED 94,500 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 E4, and where 302 sits

All 14 2-beds →

302 last sold in January 2024 at AED 1,271 per sqft, 19% above what two-beds in The Polo Residences E4 were fetching at the time (AED 1,069). Over the last 12 months two-beds sold for AED 2,250,000, around AED 1,466 per sqft, and rent for AED 115,000 to 145,001 a year. 302's AED 94,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,250,000
2 Oct 20242,100,000
10 Oct 20232,025,000
23 May 20231,640,000
1 2-bed sale in the last 12 months

The Polo Residences E4

Building

30 apartments, 1-bed to 4-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 1,501
Typical sale
AED 1.75M
Typical rent
AED 95K /yr
Typical yield
5.3%
The Polo Residences E4, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 30 units in The Polo Residences E4
Value
3011-bedAED 535K · Mar 2022
3032-bedAED 1.75M · Apr 2018
3041-bedAED 765K · Aug 2022
3051-bedAED 945K · Feb 2018
3061-bedAED 650K · Sep 2020
3072-bedAED 1.64M · May 2023
3082-bedAED 1.2M · Mar 2022
1–7 of 8

302, The Polo Residences E4 in numbers

  • Sold twice: first on 18 January 2018 for AED 1,650,000, last on 8 January 2024 for AED 1,900,000 (AED 1,271 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, from AED 100,000 to AED 94,500 a year.
  • At AED 94,500 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 28,400 a year (AED 19.00 per sqft).
  • Two-beds in The Polo Residences E4 sold for AED 2,250,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,501 per sqft.

Source: Dubai Land Department. Updated 9 February 2024.

Questions about 302, The Polo Residences E4

What did unit 302 last sell for?

AED 1,900,000 on 8 January 2024: AED 1,271 per sqft for 1,494 sqft. The unit has 2 registered sales; the first was AED 1,650,000 in January 2018.

What is the rent for unit 302?

AED 94,500 a year on the contract renewed on 9 February 2024. The previous contract, from February 2023, was AED 94,500; the unit has been rented since March 2019.

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 E4 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 1,466 per sqft.

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Mortgage on 302, The Polo Residences E4

Starts from the last sale price (AED 1.9M, 8 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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