401, The Polo Residences B1
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Polo Residences B1
What is 401 worth today?
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Source: Dubai Land Department. Updated 10 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,681 sqft
- Floor
- 4th of 4
- Parking
- G-01,G-02
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 64,600 /yr
- Last sold
- AED 3.88M · December 2014
- Building
- The Polo Residences B1
About 401, The Polo Residences B1
401 is a three-bedroom apartment of 3,681 sqft on the 4th floor of The Polo Residences B1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 10 December 2014 for AED 3,881,600, or AED 1,054 per sqft, 13% below the AED 1,209 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 10 July 2024, is AED 157,500 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 64,600 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Polo Residences B1, and where 401 sits
All 16 3-beds →401 last sold in December 2014 at AED 1,054 per sqft, 13% below what three-beds in The Polo Residences B1 were fetching at the time (AED 1,209). Over the last 12 months three-beds sold for AED 3,450,000, around AED 1,739 per sqft, and rent for AED 170,000 to 190,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202617 March 2026 | 1,984 sqft | 3,450,000 | 1,739 | ||
| 26 Dec 202426 December 2024 | 1,968 sqft | 2,000,000 | 1,016 | ||
| 4 Dec 20244 December 2024 | 2,069 sqft | 2,800,000 | 1,353 | ||
| 10 Oct 202410 October 2024 | 1,939 sqft | 3,200,000 | 1,649 |
The Polo Residences B1
Building18 apartments, 3-bed to 4-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 1,739
- Typical sale
- AED 3.45M
- Typical rent
- AED 180K /yr
- Typical yield
- 5.3%
Other units on the 4th floor
All 18 units in The Polo Residences B1401, The Polo Residences B1 in numbers
- Sold once: by IGO Property Development on 10 December 2014 for AED 3,881,600, or AED 1,054 per sqft.
- Rented since September 2017 on 8 Ejari contracts, from AED 167,000 to AED 157,500 a year.
- At AED 157,500 a year the gross yield on the 2014 price is 4.1%, before a service charge of about AED 64,600 a year (AED 17.54 per sqft).
- Three-beds in The Polo Residences B1 sold for AED 3,450,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,739 per sqft.
Source: Dubai Land Department. Updated 10 July 2024.
Questions about 401, The Polo Residences B1
What did unit 401 last sell for?
AED 3,881,600 on 10 December 2014, sold by the developer: AED 1,054 per sqft for 3,681 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 157,500 a year on the contract renewed on 10 July 2024. The previous contract, from July 2024, was AED 157,500; the unit has been rented since September 2017.
How big is unit 401?
3,681 sqft (342.0 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Polo Residences B1 sold for AED 3,450,000 to 3,450,000 in the last 12 months, around AED 1,739 per sqft.
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Mortgage on 401, The Polo Residences B1
Starts from the last sale price (AED 3.88M, 10 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,881,600
- Deposit, UAE resident (20%)
- AED 776,320
- Deposit, non-resident (40%)
- AED 1,552,640
- Monthly over 25 years at 3.7%
- AED 15,881
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →