401, The Polo Residences C4
Sold prices and rental history: sold twice, last in February 2023, 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 401, The Polo Residences C4
What is 401 worth today?
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Source: Dubai Land Department. Updated 3 February 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,803 sqft
- Floor
- 4th of 4
- Parking
- G-5
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 44,000 /yr
- Last sold
- AED 3M · February 2023
- Building
- The Polo Residences C4
About 401, The Polo Residences C4
401 is a three-bedroom apartment of 2,803 sqft on the 4th floor of The Polo Residences C4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 3 February 2023 for AED 3,000,000, or AED 1,070 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 31 October 2021, is AED 140,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 44,000 a year.
Sales and rents for 401 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Polo Residences C4, and where 401 sits
All 3 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Aug 202315 August 2023 | 4,127 sqft | 3,400,000 | 823 | ||
| 3 Feb 20233 February 2023 | 2,803 sqft | 3,000,000 | 1,070 | ||
| 21 Jun 201521 June 2015 | 2,803 sqft | 3,125,181 | 1,114 | ||
| 21 Jun 201521 June 2015 | 4,127 sqft | 3,712,228 | 899 |
The Polo Residences C4
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 1,664
- Typical sale
- AED 2.04M
- Typical rent
- AED 78K /yr
- Typical yield
- 5.4%
Other units on the 4th floor
All 30 units in The Polo Residences C4401, The Polo Residences C4 in numbers
- Sold twice: first on 1 November 2014 for AED 3,125,187, last on 3 February 2023 for AED 3,000,000 (AED 1,070 per sqft).
- Rented since June 2017 on 5 Ejari contracts, from AED 159,557 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 44,000 a year (AED 15.68 per sqft).
Source: Dubai Land Department. Updated 3 February 2023.
Questions about 401, The Polo Residences C4
What did unit 401 last sell for?
AED 3,000,000 on 3 February 2023: AED 1,070 per sqft for 2,803 sqft. The unit has 2 registered sales; the first was AED 3,125,187 in November 2014.
What is the rent for unit 401?
AED 140,000 a year on the contract renewed on 31 October 2021. The previous contract, from October 2020, was AED 130,000; the unit has been rented since June 2017.
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 C4
Starts from the last sale price (AED 3M, 3 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →