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

306, The Polo Residences E4

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 650K8 September 2020
Current rentAED 65K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, The Polo Residences E4

What is 306 worth today?

Last sold for AED 650,000 in 2020

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1 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 79 per sqft
1 Mar 2022RentedRenewal
AED 52,000/yr12 months · AED 64 per sqft
1 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
8 Sep 2020SoldReady
AED 650,000AED 792 per sqft
1 May 2019RentedRenewal
AED 65,000/yr12 months · AED 79 per sqft
1 May 2018RentedNew contract
AED 67,000/yr12 months · AED 82 per sqft
23 Dec 2014Sold by developerOff-plan
AED 1,057,064AED 1,288 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 4
Parking
G-18
Developer
IGO Property Development
Completed
2017
Service charge
AED 15,600 /yr
Last sold
AED 650K · September 2020

About 306, The Polo Residences E4

306 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 8 September 2020 for AED 650,000, or AED 792 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 65,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 15,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in The Polo Residences E4
600K800K1M2014201720202023Typical sale price by year: 2014 AED 1,032,711; 2018 AED 852,500; 2023 AED 992,500Sold by developer, December 2014: AED 1,057,064 (AED 1,288 per sqft)Sold, September 2020: AED 650,000 (AED 792 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in The Polo Residences E4
60K2018202120242027Typical 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 69,000New contract, May 2018: AED 67,000 a yearRenewal, May 2019: AED 65,000 a yearNew contract, March 2021: AED 55,000 a yearRenewal, March 2022: AED 52,000 a yearRenewal, November 2023: AED 65,000 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 306 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. 306's AED 65,000 is in the lower half 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
3051-bedAED 945K · Feb 2018
3072-bedAED 1.64M · May 2023
3082-bedAED 1.2M · Mar 2022
1–7 of 8

306, The Polo Residences E4 in numbers

  • Sold twice: first on 23 December 2014 for AED 1,057,064, last on 8 September 2020 for AED 650,000 (AED 792 per sqft).
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 67,000 to AED 52,000 in 2022 and recovered to AED 65,000 by November 2023.
  • At AED 65,000 a year the gross yield on the 2020 price is 10.0%, 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 1 November 2023.

Questions about 306, The Polo Residences E4

What did unit 306 last sell for?

AED 650,000 on 8 September 2020: AED 792 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 1,057,064 in December 2014.

What is the rent for unit 306?

AED 65,000 a year on the contract renewed on 1 November 2023. The previous contract, from March 2022, was AED 52,000; the unit has been rented since May 2018.

How big is unit 306?

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

What is unit 306 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 306, The Polo Residences E4

Starts from the last sale price (AED 650K, 8 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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