2-bed · 2,219 sqftThe Polo Residences C3, Meydan City · 4th floor · completed 2017

401, The Polo Residences C3

Sold prices and rental history: sold once, by the developer in September 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 19 September 2017
Last soldAED 2.18M19 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Polo Residences C3

What is 401 worth today?

Last sold for AED 2,183,241 in 2017

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19 Sep 2017Sold by developerReady
AED 2,183,241AED 984 per sqft

Source: Dubai Land Department. Updated 19 September 2017.

Key facts

Type
2-bed apartment
Size
2,219 sqft
Floor
4th of 4
Parking
G-05
Developer
IGO Property Development
Completed
2017
Service charge
AED 39,100 /yr
Last sold
AED 2.18M · September 2017

About 401, The Polo Residences C3

401 is a two-bedroom apartment of 2,219 sqft on the 4th floor of The Polo Residences C3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 19 September 2017 for AED 2,183,241, or AED 984 per sqft, 18% below the AED 1,205 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in The Polo Residences C3
1.5M2M2014201720202023Typical sale price by year: 2014 AED 2,035,875; 2016 AED 1,600,000; 2017 AED 1,870,000; 2020 AED 1,350,000; 2023 AED 1,650,000Sold by developer, September 2017: AED 2,183,241 (AED 984 per sqft)

401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in The Polo Residences C3
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 122,500; 2019 AED 110,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 120,000; 2025 AED 170,000; 2026 AED 170,000

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 C3, and where 401 sits

All 16 2-beds →

401 last sold in September 2017 at AED 984 per sqft, 18% below what two-beds in The Polo Residences C3 were fetching at the time (AED 1,205). Over the last 12 months two-beds sold for AED 2,800,000 to 3,400,000, around AED 2,020 per sqft, and rent for AED 125,000 to 240,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20262,800,000
10 Nov 20253,400,000
5 Jun 20231,850,000
25 Apr 20231,605,000
2 2-bed sales in the last 12 months

The Polo Residences C3

Building

31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 4 sold in the last 12 months.

Typical price per sqft
AED 2,020
Typical sale
AED 3.1M
Typical rent
AED 85K /yr
Typical yield
4.9%
The Polo Residences C3, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences C3
Value
4022-bedAED 1.79M · Sep 2021
4032-bedAED 1.05M · Oct 2017
4042-bedAED 713K · Nov 2020

401, The Polo Residences C3 in numbers

  • Sold once: by IGO Property Development on 19 September 2017 for AED 2,183,241, or AED 984 per sqft.
  • Two-beds in The Polo Residences C3 sold for AED 2,800,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,020 per sqft.

Source: Dubai Land Department. Updated 19 September 2017.

Questions about 401, The Polo Residences C3

What did unit 401 last sell for?

AED 2,183,241 on 19 September 2017, sold by the developer: AED 984 per sqft for 2,219 sqft. It is the only registered sale of the unit.

How big is unit 401?

2,219 sqft (206.2 sqm): a two-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. Two-beds in The Polo Residences C3 sold for AED 2,800,000 to 3,400,000 in the last 12 months, around AED 2,020 per sqft.

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Mortgage on 401, The Polo Residences C3

Starts from the last sale price (AED 2.18M, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,183,241
Deposit, UAE resident (20%)
AED 436,648
Deposit, non-resident (40%)
AED 873,296
Monthly over 25 years at 3.7%
AED 8,932

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