402, The Polo Residences C3
Sold prices and rental history: sold twice, last in September 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, The Polo Residences C3
What is 402 worth today?
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Source: Dubai Land Department. Updated 27 September 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,635 sqft
- Floor
- 4th of 4
- Parking
- G-04,G-26
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 46,400 /yr
- Last sold
- AED 1.79M · September 2021
- Building
- The Polo Residences C3
About 402, The Polo Residences C3
402 is a two-bedroom apartment of 2,635 sqft on the 4th floor of The Polo Residences C3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 27 September 2021 for AED 1,790,000, or AED 679 per sqft, 23% below the AED 880 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 February 2021, is AED 110,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 46,400 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 C3, and where 402 sits
All 16 2-beds →402 last sold in September 2021 at AED 679 per sqft, 23% below what two-beds in The Polo Residences C3 were fetching at the time (AED 880). 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. 402's AED 110,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,535 sqft | 2,800,000 | 1,824 | ||
| 10 Nov 202510 November 2025 | 1,535 sqft | 3,400,000 | 2,215 | ||
| 5 Jun 20235 June 2023 | 1,535 sqft | 1,850,000 | 1,205 | ||
| 25 Apr 202325 April 2023 | 1,535 sqft | 1,605,000 | 1,045 |
The Polo Residences C3
Building31 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%
Other units on the 4th floor
All 31 units in The Polo Residences C3402, The Polo Residences C3 in numbers
- Sold twice: first on 27 November 2019 for AED 1,449,384, last on 27 September 2021 for AED 1,790,000 (AED 679 per sqft).
- Rented since November 2018 on 3 Ejari contracts, from AED 125,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 46,400 a year (AED 17.63 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 27 September 2021.
Questions about 402, The Polo Residences C3
What did unit 402 last sell for?
AED 1,790,000 on 27 September 2021: AED 679 per sqft for 2,635 sqft. The unit has 2 registered sales; the first was AED 1,449,384 in November 2019.
What is the rent for unit 402?
AED 110,000 a year on the contract signed on 20 February 2021. The previous contract, from February 2020, was AED 110,000; the unit has been rented since November 2018.
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 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 402, The Polo Residences C3
Starts from the last sale price (AED 1.79M, 27 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,790,000
- Deposit, UAE resident (20%)
- AED 358,000
- Deposit, non-resident (40%)
- AED 716,000
- Monthly over 25 years at 3.7%
- AED 7,323
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →