403, The Polo Residences B2
Sold prices and rental history: sold twice, last in October 2024, 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 403, The Polo Residences B2
What is 403 worth today?
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Source: Dubai Land Department. Updated 29 October 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 39,200 /yr
- Last sold
- AED 2.9M · October 2024
- Building
- The Polo Residences B2
About 403, The Polo Residences B2
403 is a two-bedroom apartment of 2,635 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 29 October 2024 for AED 2,900,000, or AED 1,100 per sqft, 9% below the AED 1,205 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 November 2023, is AED 160,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 39,200 a year.
Sales and rents for 403 over time
403 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 B2, and where 403 sits
All 16 2-beds →403 last sold in October 2024 at AED 1,100 per sqft, 9% below what two-beds in The Polo Residences B2 were fetching at the time (AED 1,205). 403's AED 160,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Dec 202423 December 2024 | 1,060 sqft | 1,000,000 | 943 | ||
| 25 Apr 202425 April 2024 | 1,535 sqft | 2,250,000 | 1,466 | ||
| 11 Jan 202411 January 2024 | 1,535 sqft | 1,850,000 | 1,205 | ||
| 6 Jun 20236 June 2023 | 1,535 sqft | 1,850,000 | 1,205 |
The Polo Residences B2
Building31 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
Other units on the 4th floor
All 31 units in The Polo Residences B2403, The Polo Residences B2 in numbers
- Sold twice: first on 15 October 2014 for AED 2,546,325, last on 29 October 2024 for AED 2,900,000 (AED 1,100 per sqft).
- Rented since July 2017 on 4 Ejari contracts. The rent fell from AED 145,000 to AED 115,000 in 2020 and recovered to AED 160,000 by November 2023.
- At AED 160,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 39,200 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 29 October 2024.
Questions about 403, The Polo Residences B2
What did unit 403 last sell for?
AED 2,900,000 on 29 October 2024: AED 1,100 per sqft for 2,635 sqft. The unit has 2 registered sales; the first was AED 2,546,325 in October 2014.
What is the rent for unit 403?
AED 160,000 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 142,500; the unit has been rented since July 2017.
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 B2
Starts from the last sale price (AED 2.9M, 29 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →