401, The Polo Residences C5
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Polo Residences C5
What is 401 worth today?
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Source: Dubai Land Department. Updated 6 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,219 sqft
- Floor
- 4th of 4
- Parking
- G-04,G-26
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 32,100 /yr
- Last sold
- AED 2.45M · March 2024
- Building
- The Polo Residences C5
About 401, The Polo Residences C5
401 is a two-bedroom apartment of 2,219 sqft on the 4th floor of The Polo Residences C5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 6 March 2024 for AED 2,452,800, or AED 1,105 per sqft, 14% below the AED 1,287 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 110,250 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 32,100 a year.
Sales and rents for 401 over time
401 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 C5, and where 401 sits
All 16 2-beds →401 last sold in March 2024 at AED 1,105 per sqft, 14% below what two-beds in The Polo Residences C5 were fetching at the time (AED 1,287). Over the last 12 months two-beds sold for AED 4,700,000, around AED 2,118 per sqft, and rent for AED 118,648 to 155,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 2,219 sqft | 4,700,000 | 2,118 | ||
| 2 Oct 20252 October 2025 | 1,535 sqft | 2,450,000 | 1,596 | ||
| 5 Aug 20255 August 2025 | 1,535 sqft | 2,600,000 | 1,694 | ||
| 5 Jun 20245 June 2024 | 2,635 sqft | 2,600,000 | 986 |
The Polo Residences C5
Building31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,118
- Typical sale
- AED 4.7M
- Typical rent
- AED 90K /yr
- Typical yield
- 4.3%
Other units on the 4th floor
All 31 units in The Polo Residences C5401, The Polo Residences C5 in numbers
- Sold twice: first on 9 March 2017 for AED 2,336,171, last on 6 March 2024 for AED 2,452,800 (AED 1,105 per sqft).
- Rented since June 2018 on 5 Ejari contracts, from AED 120,000 to AED 110,250 a year.
- At AED 110,250 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 32,100 a year (AED 14.49 per sqft).
- Two-beds in The Polo Residences C5 sold for AED 4,700,000–4,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,118 per sqft.
Source: Dubai Land Department. Updated 6 March 2024.
Questions about 401, The Polo Residences C5
What did unit 401 last sell for?
AED 2,452,800 on 6 March 2024: AED 1,105 per sqft for 2,219 sqft. The unit has 2 registered sales; the first was AED 2,336,171 in March 2017.
What is the rent for unit 401?
AED 110,250 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 105,313; the unit has been rented since June 2018.
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 C5 sold for AED 4,700,000 to 4,700,000 in the last 12 months, around AED 2,118 per sqft.
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Mortgage on 401, The Polo Residences C5
Starts from the last sale price (AED 2.45M, 6 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,452,800
- Deposit, UAE resident (20%)
- AED 490,560
- Deposit, non-resident (40%)
- AED 981,120
- Monthly over 25 years at 3.7%
- AED 10,035
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →