402, The Polo Residences C4
Sold prices and rental history: sold twice, last in August 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 402, The Polo Residences C4
What is 402 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 4,127 sqft
- Floor
- 4th of 4
- Parking
- G-3,G-4
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 64,700 /yr
- Last sold
- AED 3.4M · August 2023
- Building
- The Polo Residences C4
About 402, The Polo Residences C4
402 is a three-bedroom apartment of 4,127 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 15 August 2023 for AED 3,400,000, or AED 823 per sqft, 23% below the AED 1,070 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 195,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 64,700 a year.
Sales and rents for 402 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 402 sits
All 3 3-beds →402 last sold in August 2023 at AED 823 per sqft, 23% below what three-beds in The Polo Residences C4 were fetching at the time (AED 1,070).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20233 February 2023 | 2,803 sqft | 3,000,000 | 1,070 | ||
| 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 | ||
| 1 Nov 20141 November 2014 | 2,803 sqft | 3,125,187 | 1,114 |
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 C4402, The Polo Residences C4 in numbers
- Sold twice: first on 21 June 2015 for AED 3,712,228, last on 15 August 2023 for AED 3,400,000 (AED 823 per sqft).
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 140,000 in 2022 and recovered to AED 195,000 by April 2023.
- At AED 195,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 64,700 a year (AED 15.68 per sqft).
Source: Dubai Land Department. Updated 15 August 2023.
Questions about 402, The Polo Residences C4
What did unit 402 last sell for?
AED 3,400,000 on 15 August 2023: AED 823 per sqft for 4,127 sqft. The unit has 2 registered sales; the first was AED 3,712,228 in June 2015.
What is the rent for unit 402?
AED 195,000 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 180,000; the unit has been rented since November 2017.
How big is unit 402?
4,127 sqft (383.4 sqm): a three-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.
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Mortgage on 402, The Polo Residences C4
Starts from the last sale price (AED 3.4M, 15 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →