401, The Polo Residences C2
Sold prices and rental history: sold twice, last in February 2020, and rented once, from September 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 C2
What is 401 worth today?
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Source: Dubai Land Department. Updated 2 February 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,803 sqft
- Floor
- 4th of 4
- Parking
- G-05,G-06
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 45,600 /yr
- Last sold
- AED 1.75M · February 2020
- Building
- The Polo Residences C2
About 401, The Polo Residences C2
401 is a three-bedroom apartment of 2,803 sqft on the 4th floor of The Polo Residences C2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 2 February 2020 for AED 1,750,000, or AED 624 per sqft.
One Ejari contract is registered, from 27 September 2018. The current contract, signed on 27 September 2018, is AED 170,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 45,600 a year.
3-beds in The Polo Residences C2, and where 401 sits
All 3 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 201817 September 2018 | 2,803 sqft | 1,836,074 | 655 | ||
| 17 Sep 201817 September 2018 | 4,127 sqft | 2,254,445 | 546 | ||
| 7 Jan 20187 January 2018 | 4,127 sqft | 412,667 | 100 | ||
| 7 Jan 20187 January 2018 | 2,803 sqft | 280,292 | 100 |
The Polo Residences C2
Building30 apartments, 1-bed to 3-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 1,593
- Typical sale
- AED 1.88M
- Typical rent
- AED 72K /yr
- Typical yield
- 5.4%
Other units on the 4th floor
All 30 units in The Polo Residences C2401, The Polo Residences C2 in numbers
- Sold twice: first on 7 January 2018 for AED 280,346, last on 2 February 2020 for AED 1,750,000 (AED 624 per sqft).
- Rented since September 2018 on one Ejari contract, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 45,600 a year (AED 16.25 per sqft).
Source: Dubai Land Department. Updated 2 February 2020.
Questions about 401, The Polo Residences C2
What did unit 401 last sell for?
AED 1,750,000 on 2 February 2020: AED 624 per sqft for 2,803 sqft. The unit has 2 registered sales; the first was AED 280,346 in January 2018.
What is the rent for unit 401?
AED 170,000 a year on the contract signed on 27 September 2018.
How big is unit 401?
2,803 sqft (260.4 sqm): a three-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 C2
Starts from the last sale price (AED 1.75M, 2 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →