402, The Polo Residences A4
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, The Polo Residences A4
What is 402 worth today?
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Source: Dubai Land Department. Updated 10 August 2023.
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 36,900 /yr
- Last sold
- AED 2.28M · August 2023
- Building
- The Polo Residences A4
About 402, The Polo Residences A4
402 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences A4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 3 August 2023 for AED 2,279,000, or AED 867 per sqft, 26% below the AED 1,169 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 August 2023, is AED 110,250 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 36,900 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
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 A4, and where 402 sits
All 16 2-beds →402 last sold in August 2023 at AED 867 per sqft, 26% below what two-beds in The Polo Residences A4 were fetching at the time (AED 1,169).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Feb 202429 February 2024 | 2,635 sqft | 2,700,000 | 1,024 | ||
| 12 Oct 202312 October 2023 | 1,535 sqft | 1,691,000 | 1,101 | ||
| 3 Oct 20233 October 2023 | 1,534 sqft | 1,691,000 | 1,102 | ||
| 9 Sep 20239 September 2023 | 1,534 sqft | 1,743,000 | 1,136 |
The Polo Residences A4
Building31 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 1,527
- Typical sale
- AED 1.32M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.0%
Other units on the 4th floor
All 31 units in The Polo Residences A4402, The Polo Residences A4 in numbers
- Sold twice: first on 26 April 2018 for AED 2,949,544, last on 3 August 2023 for AED 2,279,000 (AED 867 per sqft).
- Rented since June 2018 on 5 Ejari contracts, from AED 135,000 to AED 110,250 a year.
- At AED 110,250 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 36,900 a year (AED 14.04 per sqft).
Source: Dubai Land Department. Updated 10 August 2023.
Questions about 402, The Polo Residences A4
What did unit 402 last sell for?
AED 2,279,000 on 3 August 2023: AED 867 per sqft for 2,628 sqft. The unit has 2 registered sales; the first was AED 2,949,544 in April 2018.
What is the rent for unit 402?
AED 110,250 a year on the contract signed on 10 August 2023. The previous contract, from August 2022, was AED 105,000; the unit has been rented since June 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.
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Mortgage on 402, The Polo Residences A4
Starts from the last sale price (AED 2.28M, 3 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,279,000
- Deposit, UAE resident (20%)
- AED 455,800
- Deposit, non-resident (40%)
- AED 911,600
- Monthly over 25 years at 3.7%
- AED 9,324
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →