3-bed · 2,803 sqftThe Polo Residences C4, Meydan City · 4th floor · completed 2017

403, 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.

Unit 403 · DLD and Ejari recordsUpdated 3 February 2023
Last soldAED 3M3 February 2023
Current rentAED 140K /yr20 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences C4

What is 403 worth today?

Last sold for AED 3,000,000 in 2023

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3 Feb 2023SoldReady
AED 3,000,000AED 1,070 per sqft
20 Aug 2021RentedRenewal
AED 140,000/yr12 months · AED 50 per sqft
20 Aug 2020RentedNew contract
AED 130,000/yr12 months · AED 46 per sqft
1 Aug 2019RentedRenewal
AED 150,000/yr12 months · AED 54 per sqft
1 Aug 2018RentedRenewal
AED 155,000/yr12 months · AED 55 per sqft
1 Aug 2017RentedNew contract
AED 160,000/yr12 months · AED 57 per sqft
21 Jun 2015Sold by developerOff-plan
AED 3,125,181AED 1,114 per sqft

Source: Dubai Land Department. Updated 3 February 2023.

Key facts

Type
3-bed apartment
Size
2,803 sqft
Floor
4th of 4
Parking
G-1,G-2
Developer
IGO Property Development
Completed
2017
Service charge
AED 44,000 /yr
Last sold
AED 3M · February 2023

About 403, The Polo Residences C4

403 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 20 August 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 403 over time

Rents
Unit 403, each contractTypical three-bed in The Polo Residences C4
140K160K201720192021Typical rent by year: 2017 AED 160,000; 2018 AED 155,000; 2019 AED 150,000; 2020 AED 130,000New contract, August 2017: AED 160,000 a yearRenewal, August 2018: AED 155,000 a yearRenewal, August 2019: AED 150,000 a yearNew contract, August 2020: AED 130,000 a yearRenewal, August 2021: AED 140,000 a year

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 403 sits

All 3 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
15 Aug 20233,400,000
3 Feb 20233,000,000
21 Jun 20153,712,228
1 Nov 20143,125,187
0 3-bed sales in the last 12 months

The Polo Residences C4

Building

30 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%
The Polo Residences C4, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 30 units in The Polo Residences C4
Value
4013-bedAED 3M · Feb 2023
4023-bedAED 3.4M · Aug 2023

403, The Polo Residences C4 in numbers

  • Sold twice: first on 21 June 2015 for AED 3,125,181, last on 3 February 2023 for AED 3,000,000 (AED 1,070 per sqft).
  • Rented since August 2017 on 5 Ejari contracts, from AED 160,000 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 403, The Polo Residences C4

What did unit 403 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 3,125,181 in June 2015.

What is the rent for unit 403?

AED 140,000 a year on the contract renewed on 20 August 2021. The previous contract, from August 2020, was AED 130,000; the unit has been rented since August 2017.

How big is unit 403?

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 403 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 403, 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 →