2-bed · 1,572 sqftThe Polo Residences E5, Meydan City · 3rd floor · completed 2017

304, The Polo Residences E5

Sold prices and rental history: sold twice, last in September 2023, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 2.07M11 September 2023
Current rentAED 110K /yr28 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The Polo Residences E5

What is 304 worth today?

Last sold for AED 2,070,000 in 2023

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11 Sep 2023SoldReady
AED 2,070,000AED 1,317 per sqft
28 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
30 Jan 2018Sold by developerReady
AED 1,736,651AED 1,104 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
2-bed apartment
Size
1,572 sqft
Floor
3rd of 4
Parking
G-02
Developer
IGO Property Development
Completed
2017
Service charge
AED 30,000 /yr
Last sold
AED 2.07M · September 2023

About 304, The Polo Residences E5

304 is a two-bedroom apartment of 1,572 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 11 September 2023 for AED 2,070,000, or AED 1,317 per sqft, 25% above the AED 1,053 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 October 2021. The current contract, signed on 28 October 2021, is AED 110,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 30,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in The Polo Residences E5
1.75M2M2017201920212023Typical sale price by year: 2017 AED 1,596,200; 2018 AED 1,744,509; 2022 AED 1,800,000Sold by developer, January 2018: AED 1,736,651 (AED 1,104 per sqft)Sold, September 2023: AED 2,070,000 (AED 1,317 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in The Polo Residences E5
80K100K202020212022Typical rent by year: 2020 AED 80,000; 2021 AED 85,500New contract, October 2021: AED 110,000 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 E5, and where 304 sits

All 12 2-beds →

304 last sold in September 2023 at AED 1,317 per sqft, 25% above what two-beds in The Polo Residences E5 were fetching at the time (AED 1,053).

Recent 2-bed salesUnit no.Price (AED)Summary
28 Mar 20252,370,000
25 Jun 20241,885,000
22 Mar 20231,575,000
13 Oct 20222,280,000
0 2-bed sales 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
3031-bedAED 700K · Mar 2022
3051-bedAED 700K · Mar 2022
3061-bedAED 640K · Mar 2020
3072-bedAED 1.81M · Apr 2015
3081-bedAED 1.1M · Feb 2024

304, The Polo Residences E5 in numbers

  • Sold twice: first on 30 January 2018 for AED 1,736,651, last on 11 September 2023 for AED 2,070,000 (AED 1,317 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 30,000 a year (AED 19.07 per sqft).

Source: Dubai Land Department. Updated 11 September 2023.

Questions about 304, The Polo Residences E5

What did unit 304 last sell for?

AED 2,070,000 on 11 September 2023: AED 1,317 per sqft for 1,572 sqft. The unit has 2 registered sales; the first was AED 1,736,651 in January 2018.

What is the rent for unit 304?

AED 110,000 a year on the contract signed on 28 October 2021.

How big is unit 304?

1,572 sqft (146.0 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, The Polo Residences E5

Starts from the last sale price (AED 2.07M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,070,000
Deposit, UAE resident (20%)
AED 414,000
Deposit, non-resident (40%)
AED 828,000
Monthly over 25 years at 3.7%
AED 8,469

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