2-bed · 1,495 sqftThe Polo Residences E5, Meydan City · 3rd floor · completed 2017

307, The Polo Residences E5

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 3 October 2022
Last soldAED 1.81M30 April 2015
Current rentAED 115K /yr3 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, The Polo Residences E5

What is 307 worth today?

Last sold for AED 1,805,258 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
25 Sep 2021RentedNew contract
AED 82,000/yr12 months · AED 55 per sqft
12 Aug 2020RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
12 Aug 2019RentedNew contract
AED 94,000/yr12 months · AED 63 per sqft
14 May 2018RentedNew contract
AED 105,000/yr12 months · AED 70 per sqft
30 Apr 2015Sold by developerOff-plan
AED 1,805,258AED 1,207 per sqft

Source: Dubai Land Department. Updated 3 October 2022.

Key facts

Type
2-bed apartment
Size
1,495 sqft
Floor
3rd of 4
Parking
G-01
Developer
IGO Property Development
Completed
2017
Service charge
AED 28,500 /yr
Last sold
AED 1.81M · April 2015

About 307, The Polo Residences E5

307 is a two-bedroom apartment of 1,495 sqft on the 3rd floor of The Polo Residences E5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 30 April 2015 for AED 1,805,258, or AED 1,207 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 3 October 2022, is AED 115,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 28,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in The Polo Residences E5
1.6M1.7M1.8M20152017201920212023Typical sale price by year: 2017 AED 1,596,200; 2018 AED 1,744,509; 2022 AED 1,800,000Sold by developer, April 2015: AED 1,805,258 (AED 1,207 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in The Polo Residences E5
80K100K120K201820202022Typical rent by year: 2020 AED 80,000; 2021 AED 85,500New contract, May 2018: AED 105,000 a yearNew contract, August 2019: AED 94,000 a yearRenewal, August 2020: AED 80,000 a yearNew contract, September 2021: AED 82,000 a yearNew contract, October 2022: AED 115,000 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 307 sits

All 12 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
28 Mar 20252,370,000
25 Jun 20241,885,000
11 Sep 20232,070,000
22 Mar 20231,575,000
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
3042-bedAED 2.07M · Sep 2023
3051-bedAED 700K · Mar 2022
3061-bedAED 640K · Mar 2020
3081-bedAED 1.1M · Feb 2024

307, The Polo Residences E5 in numbers

  • Sold once: by IGO Property Development on 30 April 2015 for AED 1,805,258, or AED 1,207 per sqft.
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2020 and recovered to AED 115,000 by October 2022.
  • At AED 115,000 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 28,500 a year (AED 19.07 per sqft).

Source: Dubai Land Department. Updated 3 October 2022.

Questions about 307, The Polo Residences E5

What did unit 307 last sell for?

AED 1,805,258 on 30 April 2015, sold by the developer: AED 1,207 per sqft for 1,495 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 115,000 a year on the contract signed on 3 October 2022. The previous contract, from September 2021, was AED 82,000; the unit has been rented since May 2018.

How big is unit 307?

1,495 sqft (138.9 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 307 worth today?

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

Selling 307? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 307, The Polo Residences E5

Starts from the last sale price (AED 1.81M, 30 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,805,258
Deposit, UAE resident (20%)
AED 361,052
Deposit, non-resident (40%)
AED 722,103
Monthly over 25 years at 3.7%
AED 7,386

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