403, The Polo Residences A4
Sold prices and rental history: sold 3 times, last in February 2024, 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 403, The Polo Residences A4
What is 403 worth today?
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Source: Dubai Land Department. Updated 29 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,635 sqft
- Floor
- 4th of 4
- Parking
- G-02
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 37,000 /yr
- Last sold
- AED 2.7M · February 2024
- Building
- The Polo Residences A4
About 403, The Polo Residences A4
403 is a two-bedroom apartment of 2,635 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 29 February 2024 for AED 2,700,000, or AED 1,024 per sqft, 9% below the AED 1,122 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 100,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 37,000 a year.
Sales and rents for 403 over time
403 has sold 3 times; 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 403 sits
All 16 2-beds →403 last sold in February 2024 at AED 1,024 per sqft, 9% below what two-beds in The Polo Residences A4 were fetching at the time (AED 1,122).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 8 Sep 20238 September 2023 | 1,535 sqft | 1,763,000 | 1,148 |
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 A4403, The Polo Residences A4 in numbers
- Sold 3 times: first on 26 April 2018 for AED 2,956,549, last on 29 February 2024 for AED 2,700,000 (AED 1,024 per sqft).
- Rented since August 2018 on 6 Ejari contracts, from AED 134,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 37,000 a year (AED 14.04 per sqft).
Source: Dubai Land Department. Updated 29 February 2024.
Questions about 403, The Polo Residences A4
What did unit 403 last sell for?
AED 2,700,000 on 29 February 2024: AED 1,024 per sqft for 2,635 sqft. The unit has 3 registered sales; the first was AED 2,956,549 in April 2018.
What is the rent for unit 403?
AED 100,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 100,000; the unit has been rented since August 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.
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Mortgage on 403, The Polo Residences A4
Starts from the last sale price (AED 2.7M, 29 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →