402, The Polo Residences B4
Sold prices and rental history: sold twice, last in August 2022, 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 402, The Polo Residences B4
What is 402 worth today?
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Source: Dubai Land Department. Updated 4 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 2,635 sqft
- Floor
- 4th of 4
- Parking
- G-03
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 36,300 /yr
- Last sold
- AED 2.05M · August 2022
- Building
- The Polo Residences B4
About 402, The Polo Residences B4
402 is a two-bedroom apartment of 2,635 sqft on the 4th floor of The Polo Residences B4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 4 August 2022 for AED 2,045,000, or AED 776 per sqft, 5% below the AED 820 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 May 2022, is AED 140,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 36,300 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 B4, and where 402 sits
All 15 2-beds →402 last sold in August 2022 at AED 776 per sqft, 5% below what two-beds in The Polo Residences B4 were fetching at the time (AED 820). Over the last 12 months two-beds sold for AED 2,550,000 to 2,650,000, around AED 1,694 per sqft, and rent for AED 111,573 to 210,000 a year. 402's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 1,534 sqft | 2,550,000 | 1,662 | ||
| 26 Dec 202526 December 2025 | 1,535 sqft | 2,650,000 | 1,726 | ||
| 23 Apr 202523 April 2025 | 1,534 sqft | 2,500,000 | 1,629 | ||
| 24 Jul 202424 July 2024 | 2,628 sqft | 3,130,000 | 1,190 |
The Polo Residences B4
Building30 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,694
- Typical sale
- AED 2.6M
- Typical rent
- AED 75K /yr
- Typical yield
- 5.3%
Other units on the 4th floor
All 30 units in The Polo Residences B4402, The Polo Residences B4 in numbers
- Sold twice: first on 13 April 2016 for AED 2,746,020, last on 4 August 2022 for AED 2,045,000 (AED 776 per sqft).
- Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 98,000 in 2020 and recovered to AED 140,000 by May 2022.
- At AED 140,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 36,300 a year (AED 13.76 per sqft).
- Two-beds in The Polo Residences B4 sold for AED 2,550,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,694 per sqft.
Source: Dubai Land Department. Updated 4 August 2022.
Questions about 402, The Polo Residences B4
What did unit 402 last sell for?
AED 2,045,000 on 4 August 2022: AED 776 per sqft for 2,635 sqft. The unit has 2 registered sales; the first was AED 2,746,020 in April 2016.
What is the rent for unit 402?
AED 140,000 a year on the contract signed on 1 May 2022. The previous contract, from May 2022, was AED 140,000; the unit has been rented since December 2017.
How big is unit 402?
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 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Polo Residences B4 sold for AED 2,550,000 to 2,650,000 in the last 12 months, around AED 1,694 per sqft.
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Mortgage on 402, The Polo Residences B4
Starts from the last sale price (AED 2.05M, 4 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,045,000
- Deposit, UAE resident (20%)
- AED 409,000
- Deposit, non-resident (40%)
- AED 818,000
- Monthly over 25 years at 3.7%
- AED 8,367
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →