2-bed · 2,627 sqftThe Polo Residences B2, Meydan City · 4th floor · completed 2017

402, The Polo Residences B2

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.65M23 May 2021
Current rentAED 220K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, The Polo Residences B2

What is 402 worth today?

Last sold for AED 1,650,000 in 2021

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15 Aug 2025RentedNew contract
AED 220,000/yr24 months · AED 84 per sqft
15 Aug 2025RentedNew contract
AED 220,000/yr24 months · AED 84 per sqft
23 May 2021SoldReady
AED 1,650,000AED 628 per sqft
15 Jul 2020RentedNew contract
AED 95,000/yr12 months · AED 36 per sqft
16 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 49 per sqft
19 Nov 2018Sold by developerReady
AED 1,700,000AED 647 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
2,627 sqft
Floor
4th of 4
Parking
G-03,G-26
Developer
IGO Property Development
Completed
2017
Service charge
AED 39,100 /yr
Last sold
AED 1.65M · May 2021

About 402, The Polo Residences B2

402 is a two-bedroom apartment of 2,627 sqft on the 4th floor of The Polo Residences B2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 23 May 2021 for AED 1,650,000, or AED 628 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 August 2025, is AED 220,000 a year: a gross yield of 13.3% on the 2021 price, before the service charge of about AED 39,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in The Polo Residences B2
1.75M2M2014201720202023Typical sale price by year: 2014 AED 1,984,117; 2020 AED 1,600,000; 2024 AED 2,050,000Sold by developer, November 2018: AED 1,700,000 (AED 647 per sqft)Sold, May 2021: AED 1,650,000 (AED 628 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 B2
100K200K2017202020232026Typical rent by year: 2017 AED 116,500; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 87,000; 2021 AED 90,000; 2022 AED 100,000; 2023 AED 127,500; 2024 AED 145,000; 2025 AED 150,000; 2026 AED 140,000New contract, February 2019: AED 130,000 a yearNew contract, July 2020: AED 95,000 a yearNew contract, August 2025: AED 220,000 a yearNew contract, August 2025: AED 220,000 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 B2, and where 402 sits

All 16 2-beds →

402's AED 220,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Dec 20241,000,000
29 Oct 20242,900,000
25 Apr 20242,250,000
11 Jan 20241,850,000
0 2-bed sales in the last 12 months

The Polo Residences B2

Building

31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 75K /yr
Typical yield
The Polo Residences B2, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences B2
Value
4012-bedAED 2.39M · Oct 2014
4032-bedAED 2.9M · Oct 2024
4042-bedAED 1.05M · May 2018

402, The Polo Residences B2 in numbers

  • Sold twice: first on 19 November 2018 for AED 1,700,000, last on 23 May 2021 for AED 1,650,000 (AED 628 per sqft).
  • Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2020 and recovered to AED 220,000 by August 2025.
  • At AED 220,000 a year the gross yield on the 2021 price is 13.3%, before a service charge of about AED 39,100 a year (AED 14.89 per sqft).

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 402, The Polo Residences B2

What did unit 402 last sell for?

AED 1,650,000 on 23 May 2021: AED 628 per sqft for 2,627 sqft. The unit has 2 registered sales; the first was AED 1,700,000 in November 2018.

What is the rent for unit 402?

AED 220,000 a year on the contract signed on 15 August 2025. The previous contract, from August 2025, was AED 220,000; the unit has been rented since February 2019.

How big is unit 402?

2,627 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 B2

Starts from the last sale price (AED 1.65M, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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