1-bed · 949 sqftThe Polo Residences E5, Meydan City · 3rd floor · completed 2017

303, The Polo Residences E5

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.

Unit 303 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 700K31 March 2022
Current rentAED 75K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, The Polo Residences E5

What is 303 worth today?

Last sold for AED 700,000 in 2022

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5 Dec 2023RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
5 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft
31 Mar 2022SoldReady
AED 700,000AED 737 per sqft
5 Dec 2021RentedRenewal
AED 70,000/yr12 months · AED 74 per sqft
5 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 74 per sqft
5 Dec 2019RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
5 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
1 Oct 2017RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
1-bed apartment
Size
949 sqft
Floor
3rd of 4
Parking
G-11
Developer
IGO Property Development
Completed
2017
Service charge
AED 18,100 /yr
Last sold
AED 700K · March 2022

About 303, The Polo Residences E5

303 is a one-bedroom apartment of 949 sqft on the 3rd floor of The Polo Residences E5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 31 March 2022 for AED 700,000, or AED 737 per sqft, 14% below the AED 861 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 December 2023, is AED 75,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 18,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in The Polo Residences E5
750K1M1.25M20142017202020232026Typical sale price by year: 2014 AED 1,044,332; 2015 AED 1,056,618; 2022 AED 700,000; 2023 AED 812,500; 2024 AED 1,100,000; 2025 AED 1,230,000Sold by developer, November 2014: AED 1,056,618 (AED 1,113 per sqft)Sold, March 2022: AED 700,000 (AED 737 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in The Polo Residences E5
60K80K2017202020232026Typical rent by year: 2017 AED 83,500; 2018 AED 70,000; 2019 AED 68,500; 2020 AED 61,000; 2021 AED 54,000; 2022 AED 56,500; 2023 AED 58,000; 2024 AED 84,500; 2025 AED 84,500; 2026 AED 85,000New contract, October 2017: AED 90,000 a yearNew contract, December 2018: AED 75,000 a yearRenewal, December 2019: AED 75,000 a yearRenewal, December 2020: AED 70,000 a yearRenewal, December 2021: AED 70,000 a yearNew contract, December 2022: AED 70,000 a yearRenewal, December 2023: AED 75,000 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 E5, and where 303 sits

All 15 1-beds →

303 last sold in March 2022 at AED 737 per sqft, 14% below what one-beds in The Polo Residences E5 were fetching at the time (AED 861). Over the last 12 months one-beds sold for AED 1,230,000, around AED 1,534 per sqft, and rent for AED 75,000 to 90,000 a year. 303's AED 75,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20251,230,000
6 Nov 20251,410,000
16 Jul 20251,230,000
30 Dec 20241,000,000
1 1-bed sale in the last 12 months

The Polo Residences E5

Building

27 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,534
Typical sale
AED 1.23M
Typical rent
AED 85K /yr
Typical yield
6.2%
The Polo Residences E5, Meydan City: prices, sales and rents →

Other units on the 3rd floor

All 27 units in The Polo Residences E5
Value
3011-bedAED 1M · Dec 2024
3022-bedAED 1.6M · Sep 2017
3042-bedAED 2.07M · Sep 2023
3051-bedAED 700K · Mar 2022
3061-bedAED 640K · Mar 2020
3072-bedAED 1.81M · Apr 2015
3081-bedAED 1.1M · Feb 2024

303, The Polo Residences E5 in numbers

  • Sold twice: first on 8 November 2014 for AED 1,056,618, last on 31 March 2022 for AED 700,000 (AED 737 per sqft).
  • Rented since October 2017 on 7 Ejari contracts, from AED 90,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 18,100 a year (AED 19.07 per sqft).
  • One-beds in The Polo Residences E5 sold for AED 1,230,000–1,230,000 in the 12 months to November 2026; the building's median across all types is AED 1,534 per sqft.

Source: Dubai Land Department. Updated 5 December 2023.

Questions about 303, The Polo Residences E5

What did unit 303 last sell for?

AED 700,000 on 31 March 2022: AED 737 per sqft for 949 sqft. The unit has 2 registered sales; the first was AED 1,056,618 in November 2014.

What is the rent for unit 303?

AED 75,000 a year on the contract renewed on 5 December 2023. The previous contract, from December 2022, was AED 70,000; the unit has been rented since October 2017.

How big is unit 303?

949 sqft (88.2 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 303 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 E5 sold for AED 1,230,000 to 1,230,000 in the last 12 months, around AED 1,534 per sqft.

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Mortgage on 303, The Polo Residences E5

Starts from the last sale price (AED 700K, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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