404, The Polo Residences B2
Sold prices and rental history: sold twice, last in May 2018, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, The Polo Residences B2
What is 404 worth today?
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Source: Dubai Land Department. Updated 15 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,218 sqft
- Floor
- 4th of 4
- Parking
- G-01
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 33,000 /yr
- Last sold
- AED 1.05M · May 2018
- Building
- The Polo Residences B2
About 404, The Polo Residences B2
404 is a two-bedroom apartment of 2,218 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 16 May 2018 for AED 1,050,000, or AED 473 per sqft.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 15 June 2023, is AED 120,000 a year: a gross yield of 11.4% on the 2018 price, before the service charge of about AED 33,000 a year.
Sales and rents for 404 over time
404 has sold once; 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 404 sits
All 16 2-beds →404's AED 120,000 is in the upper half 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 | ||
| 29 Oct 202429 October 2024 | 2,635 sqft | 2,900,000 | 1,100 | ||
| 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 |
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 B2404, The Polo Residences B2 in numbers
- Sold twice: first on 13 December 2014 for AED 1,962,858, last on 16 May 2018 for AED 1,050,000 (AED 473 per sqft).
- Rented since April 2017 on 2 Ejari contracts, from AED 135,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2018 price is 11.4%, before a service charge of about AED 33,000 a year (AED 14.89 per sqft).
Source: Dubai Land Department. Updated 15 June 2023.
Questions about 404, The Polo Residences B2
What did unit 404 last sell for?
AED 1,050,000 on 16 May 2018: AED 473 per sqft for 2,218 sqft. The unit has 2 registered sales; the first was AED 1,962,858 in December 2014.
What is the rent for unit 404?
AED 120,000 a year on the contract signed on 15 June 2023. The previous contract, from April 2017, was AED 135,000.
How big is unit 404?
2,218 sqft (206.1 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.
What is unit 404 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 404, The Polo Residences B2
Starts from the last sale price (AED 1.05M, 16 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →