2-bed · 2,635 sqftThe Polo Residences B3, Meydan City · 4th floor · completed 2017

403, The Polo Residences B3

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 3.1M17 September 2024
Current rentAED 105K /yr15 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences B3

What is 403 worth today?

Last sold for AED 3,100,000 in 2024

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17 Sep 2024SoldReady
AED 3,100,000AED 1,176 per sqft
10 Nov 2020SoldReady
AED 1,490,000AED 565 per sqft
15 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 40 per sqft
3 Aug 2017RentedNew contract
AED 130,000/yr12 months · AED 49 per sqft
13 Dec 2014Sold by developerOff-plan
AED 2,449,400AED 929 per sqft

Source: Dubai Land Department. Updated 17 September 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 40,300 /yr
Last sold
AED 3.1M · September 2024

About 403, The Polo Residences B3

403 is a two-bedroom apartment of 2,635 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 17 September 2024 for AED 3,100,000, or AED 1,176 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 15 September 2019, is AED 105,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 40,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in The Polo Residences B3
2M3M2014201720202023Typical sale price by year: 2014 AED 2,047,438; 2017 AED 1,754,566Sold by developer, December 2014: AED 2,449,400 (AED 929 per sqft)Sold, November 2020: AED 1,490,000 (AED 565 per sqft)Sold, September 2024: AED 3,100,000 (AED 1,176 per sqft)

403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in The Polo Residences B3
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 110,000; 2019 AED 102,500; 2020 AED 90,000; 2021 AED 94,500; 2022 AED 120,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 172,500New contract, August 2017: AED 130,000 a yearNew contract, September 2019: AED 105,000 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 B3, and where 403 sits

All 16 2-beds →

403's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Aug 20252,450,000
29 May 20252,500,000
17 Oct 20242,600,000
20 Sep 20231,750,000
0 2-bed sales in the last 12 months

The Polo Residences B3

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 70K /yr
Typical yield
The Polo Residences B3, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences B3
Value
4012-bedAED 2.09M · Jan 2018
4022-bedAED 1.7M · Jun 2021
4042-bedAED 2.6M · Oct 2024

403, The Polo Residences B3 in numbers

  • Sold 3 times: first on 13 December 2014 for AED 2,449,400, last on 17 September 2024 for AED 3,100,000 (AED 1,176 per sqft).
  • Rented since August 2017 on 2 Ejari contracts, from AED 130,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 40,300 a year (AED 15.29 per sqft).

Source: Dubai Land Department. Updated 17 September 2024.

Questions about 403, The Polo Residences B3

What did unit 403 last sell for?

AED 3,100,000 on 17 September 2024: AED 1,176 per sqft for 2,635 sqft. The unit has 3 registered sales; the first was AED 2,449,400 in December 2014.

What is the rent for unit 403?

AED 105,000 a year on the contract signed on 15 September 2019. The previous contract, from August 2017, was AED 130,000.

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 B3

Starts from the last sale price (AED 3.1M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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