2-bed · 2,635 sqftThe Polo Residences A2, Meydan City · 4th floor · completed 2017

403, The Polo Residences A2

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 3M8 November 2024
Current rentAED 107K /yr21 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences A2

What is 403 worth today?

Last sold for AED 3,000,000 in 2024

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8 Nov 2024SoldReady
AED 3,000,000AED 1,138 per sqft
21 Jan 2024RentedRenewal
AED 106,502/yr12 months · AED 40 per sqft
21 Jan 2023RentedRenewal
AED 101,430/yr12 months · AED 38 per sqft
21 Jan 2022RentedRenewal
AED 96,600/yr12 months · AED 37 per sqft
21 Jan 2021RentedNew contract
AED 92,000/yr12 months · AED 35 per sqft
8 Sep 2019RentedRenewal
AED 125,000/yr12 months · AED 47 per sqft
8 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 47 per sqft
8 Aug 2017Sold by developerReady
AED 2,482,370AED 942 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
2-bed apartment
Size
2,635 sqft
Floor
4th of 4
Parking
G- 02 , G-26
Developer
IGO Property Development
Completed
2017
Service charge
AED 41,300 /yr
Last sold
AED 3M · November 2024

About 403, The Polo Residences A2

403 is a two-bedroom apartment of 2,635 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 8 November 2024 for AED 3,000,000, or AED 1,138 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 21 January 2024, is AED 106,502 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 41,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 2,482,370 (AED 942 per sqft)Sold, November 2024: AED 3,000,000 (AED 1,138 per sqft)

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

Rents
Unit 403, 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, September 2018: AED 125,000 a yearRenewal, September 2019: AED 125,000 a yearNew contract, January 2021: AED 92,000 a yearRenewal, January 2022: AED 96,600 a yearRenewal, January 2023: AED 101,430 a yearRenewal, January 2024: AED 106,502 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 403 sits

All 16 2-beds →

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. 403's AED 106,502 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
4022-bedAED 3M · Mar 2025
4042-bedAED 3.35M · May 2025

403, The Polo Residences A2 in numbers

  • Sold twice: first on 8 August 2017 for AED 2,482,370, last on 8 November 2024 for AED 3,000,000 (AED 1,138 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 92,000 in 2021 and recovered to AED 106,502 by January 2024.
  • At AED 106,502 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 41,300 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 8 November 2024.

Questions about 403, The Polo Residences A2

What did unit 403 last sell for?

AED 3,000,000 on 8 November 2024: AED 1,138 per sqft for 2,635 sqft. The unit has 2 registered sales; the first was AED 2,482,370 in August 2017.

What is the rent for unit 403?

AED 106,502 a year on the contract renewed on 21 January 2024. The previous contract, from January 2023, was AED 101,430; the unit has been rented since September 2018.

How big is unit 403?

2,635 sqft (244.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 403 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 403, The Polo Residences A2

Starts from the last sale price (AED 3M, 8 November 2024). 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 →