403, The Polo Residences C1
Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, The Polo Residences C1
What is 403 worth today?
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Source: Dubai Land Department. Updated 25 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,628 sqft
- Floor
- 4th of 4
- Parking
- G-02
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 37,700 /yr
- Last sold
- AED 2.45M · April 2015
- Building
- The Polo Residences C1
About 403, The Polo Residences C1
403 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences C1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 20 April 2015 for AED 2,447,250, or AED 931 per sqft, 31% below the AED 1,351 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 25 July 2023, is AED 140,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 37,700 a year.
Sales and rents for 403 over time
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 C1, and where 403 sits
All 16 2-beds →403 last sold in April 2015 at AED 931 per sqft, 31% below what two-beds in The Polo Residences C1 were fetching at the time (AED 1,351). 403's AED 140,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 201520 April 2015 | 2,219 sqft | 2,312,035 | 1,042 | ||
| 20 Apr 201520 April 2015 | 2,635 sqft | 2,449,400 | 929 | ||
| 20 Apr 201520 April 2015 | 2,219 sqft | 2,310,393 | 1,041 | ||
| 20 Apr 201520 April 2015 | 1,535 sqft | 2,077,036 | 1,353 |
The Polo Residences C1
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 105K /yr
- Typical yield
Other units on the 4th floor
All 31 units in The Polo Residences C1403, The Polo Residences C1 in numbers
- Sold once: by IGO Property Development on 20 April 2015 for AED 2,447,250, or AED 931 per sqft.
- Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 134,000 to AED 116,500 in 2021 and recovered to AED 140,000 by July 2023.
- At AED 140,000 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 37,700 a year (AED 14.34 per sqft).
Source: Dubai Land Department. Updated 25 July 2023.
Questions about 403, The Polo Residences C1
What did unit 403 last sell for?
AED 2,447,250 on 20 April 2015, sold by the developer: AED 931 per sqft for 2,628 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 140,000 a year on the contract renewed on 25 July 2023. The previous contract, from July 2022, was AED 140,000; the unit has been rented since July 2019.
How big is unit 403?
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 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 C1
Starts from the last sale price (AED 2.45M, 20 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,447,250
- Deposit, UAE resident (20%)
- AED 489,450
- Deposit, non-resident (40%)
- AED 978,900
- Monthly over 25 years at 3.7%
- AED 10,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →