402, The Polo Residences B3
Sold prices and rental history: sold twice, last in June 2021, and rented once, from April 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, The Polo Residences B3
What is 402 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 June 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,628 sqft
- Floor
- 4th of 4
- Parking
- G-26 , G-04
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 40,200 /yr
- Last sold
- AED 1.7M · June 2021
- Building
- The Polo Residences B3
About 402, The Polo Residences B3
402 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences B3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 20 June 2021 for AED 1,700,000, or AED 646 per sqft, in line with the AED 646 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 April 2019. The current contract, signed on 1 April 2019, is AED 130,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 40,200 a year.
Sales and rents for 402 over time
402 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 B3, and where 402 sits
All 16 2-beds →402 last sold in June 2021 at AED 646 per sqft, in line with what two-beds in The Polo Residences B3 were fetching at the time (AED 646). 402's AED 130,000 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 B3402, The Polo Residences B3 in numbers
- Sold twice: first on 29 January 2019 for AED 1,600,000, last on 20 June 2021 for AED 1,700,000 (AED 646 per sqft).
- Rented since April 2019 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 40,200 a year (AED 15.29 per sqft).
Source: Dubai Land Department. Updated 20 June 2021.
Questions about 402, The Polo Residences B3
What did unit 402 last sell for?
AED 1,700,000 on 20 June 2021: AED 646 per sqft for 2,628 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in January 2019.
What is the rent for unit 402?
AED 130,000 a year on the contract signed on 1 April 2019.
How big is unit 402?
2,628 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.
Selling 402? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 402, The Polo Residences B3
Starts from the last sale price (AED 1.7M, 20 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →