1-bed · 821 sqftThe Polo Residences E4, Meydan City · 3rd floor · completed 2017

305, The Polo Residences E4

Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 29 June 2024
Last soldAED 945K4 February 2018
Current rentAED 85K /yr29 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, The Polo Residences E4

What is 305 worth today?

Last sold for AED 945,000 in 2018

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29 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
2 May 2021RentedNew contract
AED 48,000/yr12 months · AED 58 per sqft
1 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
15 Mar 2019RentedRenewal
AED 66,500/yr12 months · AED 81 per sqft
4 Feb 2018SoldReady
AED 945,000AED 1,151 per sqft
1 Nov 2014Sold by developerOff-plan
AED 897,002AED 1,093 per sqft

Source: Dubai Land Department. Updated 29 June 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 4
Parking
G-19
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,600 /yr
Last sold
AED 945K · February 2018

About 305, The Polo Residences E4

305 is a one-bedroom apartment of 821 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 4 February 2018 for AED 945,000, or AED 1,151 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 29 June 2024, is AED 85,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 15,600 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in The Polo Residences E4
900K1M2014201720202023Typical sale price by year: 2014 AED 1,032,711; 2018 AED 852,500; 2023 AED 992,500Sold by developer, November 2014: AED 897,002 (AED 1,093 per sqft)Sold, February 2018: AED 945,000 (AED 1,151 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in The Polo Residences E4
60K80K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 65,000; 2020 AED 52,000; 2021 AED 48,000; 2022 AED 52,000; 2023 AED 65,000; 2024 AED 69,230; 2025 AED 71,625; 2026 AED 69,000Renewal, March 2019: AED 66,500 a yearNew contract, April 2020: AED 55,000 a yearNew contract, May 2021: AED 48,000 a yearNew contract, June 2024: AED 85,000 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 E4, and where 305 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 1,250,000, around AED 1,535 per sqft, and rent for AED 55,660 to 75,000 a year. 305's AED 85,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20261,250,000
14 Jul 20251,200,000
13 Dec 20231,326,000
8 Jun 2023870,000
1 1-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
3022-bedAED 1.9M · Jan 2024
3032-bedAED 1.75M · Apr 2018
3041-bedAED 765K · Aug 2022
3061-bedAED 650K · Sep 2020
3072-bedAED 1.64M · May 2023
3082-bedAED 1.2M · Mar 2022
1–7 of 8

305, The Polo Residences E4 in numbers

  • Sold twice: first on 1 November 2014 for AED 897,002, last on 4 February 2018 for AED 945,000 (AED 1,151 per sqft).
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 66,500 to AED 48,000 in 2021 and recovered to AED 85,000 by June 2024.
  • At AED 85,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 15,600 a year (AED 19.00 per sqft).
  • One-beds in The Polo Residences E4 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 1,501 per sqft.

Source: Dubai Land Department. Updated 29 June 2024.

Questions about 305, The Polo Residences E4

What did unit 305 last sell for?

AED 945,000 on 4 February 2018: AED 1,151 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 897,002 in November 2014.

What is the rent for unit 305?

AED 85,000 a year on the contract signed on 29 June 2024. The previous contract, from May 2021, was AED 48,000; the unit has been rented since March 2019.

How big is unit 305?

821 sqft (76.3 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 305 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 E4 sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,535 per sqft.

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Mortgage on 305, The Polo Residences E4

Starts from the last sale price (AED 945K, 4 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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