401, The Polo Residences B3
Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Polo Residences B3
What is 401 worth today?
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Source: Dubai Land Department. Updated 1 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,218 sqft
- Floor
- 4th of 4
- Parking
- G-03
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 33,900 /yr
- Last sold
- AED 2.09M · January 2018
- Building
- The Polo Residences B3
About 401, The Polo Residences B3
401 is a two-bedroom apartment of 2,218 sqft on the 4th floor of The Polo Residences B3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 18 January 2018 for AED 2,087,800, or AED 941 per sqft, 18% below the AED 1,142 two-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 March 2021, is AED 106,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 33,900 a year.
Sales and rents for 401 over time
401 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 B3, and where 401 sits
All 16 2-beds →401 last sold in January 2018 at AED 941 per sqft, 18% below what two-beds in The Polo Residences B3 were fetching at the time (AED 1,142). 401's AED 106,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20254 August 2025 | 1,535 sqft | 2,450,000 | 1,596 | ||
| 29 May 202529 May 2025 | 1,533 sqft | 2,500,000 | 1,630 | ||
| 17 Oct 202417 October 2024 | 2,218 sqft | 2,600,000 | 1,172 | ||
| 17 Sep 202417 September 2024 | 2,635 sqft | 3,100,000 | 1,176 |
The Polo Residences B3
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 70K /yr
- Typical yield
Other units on the 4th floor
All 31 units in The Polo Residences B3401, The Polo Residences B3 in numbers
- Sold once: by IGO Property Development on 18 January 2018 for AED 2,087,800, or AED 941 per sqft.
- Rented since March 2018 on 2 Ejari contracts, from AED 135,000 to AED 106,000 a year.
- At AED 106,000 a year the gross yield on the 2018 price is 5.1%, before a service charge of about AED 33,900 a year (AED 15.29 per sqft).
Source: Dubai Land Department. Updated 1 March 2021.
Questions about 401, The Polo Residences B3
What did unit 401 last sell for?
AED 2,087,800 on 18 January 2018, sold by the developer: AED 941 per sqft for 2,218 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 106,000 a year on the contract signed on 1 March 2021. The previous contract, from March 2018, was AED 135,000.
How big is unit 401?
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 401 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 401, The Polo Residences B3
Starts from the last sale price (AED 2.09M, 18 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,087,800
- Deposit, UAE resident (20%)
- AED 417,560
- Deposit, non-resident (40%)
- AED 835,120
- Monthly over 25 years at 3.7%
- AED 8,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →