2-bed · 2,628 sqftThe Polo Residences A2, Meydan City · 4th floor · completed 2017

402, The Polo Residences A2

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 4 March 2025
Last soldAED 3M4 March 2025
Current rentAED 115K /yr6 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, The Polo Residences A2

What is 402 worth today?

Last sold for AED 3,000,000 in 2025

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4 Mar 2025SoldReady
AED 3,000,000AED 1,141 per sqft
6 May 2024RentedRenewal
AED 115,000/yr12 months · AED 44 per sqft
6 May 2023RentedRenewal
AED 115,000/yr12 months · AED 44 per sqft
6 May 2022RentedRenewal
AED 115,000/yr12 months · AED 44 per sqft
6 May 2021RentedRenewal
AED 115,000/yr12 months · AED 44 per sqft
6 May 2020RentedNew contract
AED 120,000/yr12 months · AED 46 per sqft
6 May 2019RentedRenewal
AED 130,000/yr12 months · AED 49 per sqft
6 May 2018RentedNew contract
AED 130,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 4 March 2025.

Key facts

Type
2-bed apartment
Size
2,628 sqft
Floor
4th of 4
Parking
G-03
Developer
IGO Property Development
Completed
2017
Service charge
AED 41,100 /yr
Last sold
AED 3M · March 2025

About 402, The Polo Residences A2

402 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences A2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 4 March 2025 for AED 3,000,000, or AED 1,141 per sqft, 18% below the AED 1,385 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 6 May 2024, is AED 115,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 41,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in The Polo Residences A2
2M3M2017202020232026Typical sale price by year: 2017 AED 1,834,299; 2024 AED 2,150,000; 2025 AED 2,260,000Sold by developer, August 2017: AED 2,478,524 (AED 943 per sqft)Sold, March 2025: AED 3,000,000 (AED 1,141 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in The Polo Residences A2
100K125K2018202120242027Typical rent by year: 2018 AED 106,500; 2019 AED 104,000; 2020 AED 90,126; 2021 AED 89,625; 2022 AED 94,500; 2023 AED 98,812; 2024 AED 113,158; 2025 AED 114,783; 2026 AED 135,000New contract, May 2018: AED 130,000 a yearRenewal, May 2019: AED 130,000 a yearNew contract, May 2020: AED 120,000 a yearRenewal, May 2021: AED 115,000 a yearRenewal, May 2022: AED 115,000 a yearRenewal, May 2023: AED 115,000 a yearRenewal, May 2024: 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 A2, and where 402 sits

All 16 2-beds →

402 last sold in March 2025 at AED 1,141 per sqft, 18% below what two-beds in The Polo Residences A2 were fetching at the time (AED 1,385). Over the last 12 months two-beds sold for AED 2,550,000 to 3,050,000, around AED 1,518 per sqft, and rent for AED 48,000 to 145,000 a year. 402's AED 115,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jul 20263,050,000
26 Jan 20262,550,000
10 Oct 20252,200,000
22 Sep 20252,400,000
2 2-bed sales in the last 12 months

The Polo Residences A2

Building

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

Typical price per sqft
AED 1,474
Typical sale
AED 1.9M
Typical rent
AED 83K /yr
Typical yield
6.3%
The Polo Residences A2, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences A2
Value
4012-bedAED 3.05M · Jul 2026
4032-bedAED 3M · Nov 2024
4042-bedAED 3.35M · May 2025

402, The Polo Residences A2 in numbers

  • Sold twice: first on 8 August 2017 for AED 2,478,524, last on 4 March 2025 for AED 3,000,000 (AED 1,141 per sqft).
  • Rented since May 2018 on 7 Ejari contracts, from AED 130,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 41,100 a year (AED 15.66 per sqft).
  • Two-beds in The Polo Residences A2 sold for AED 2,550,000–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,474 per sqft.

Source: Dubai Land Department. Updated 4 March 2025.

Questions about 402, The Polo Residences A2

What did unit 402 last sell for?

AED 3,000,000 on 4 March 2025: AED 1,141 per sqft for 2,628 sqft. The unit has 2 registered sales; the first was AED 2,478,524 in August 2017.

What is the rent for unit 402?

AED 115,000 a year on the contract renewed on 6 May 2024. The previous contract, from May 2023, was AED 115,000; the unit has been rented since May 2018.

How big is unit 402?

2,628 sqft (244.1 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Polo Residences A2 sold for AED 2,550,000 to 3,050,000 in the last 12 months, around AED 1,518 per sqft.

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Mortgage on 402, The Polo Residences A2

Starts from the last sale price (AED 3M, 4 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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