401, The Polo Residences C6
Sold prices and rental history: sold twice, last in March 2023, 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 C6
What is 401 worth today?
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Source: Dubai Land Department. Updated 10 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,802 sqft
- Floor
- 4th of 4
- Parking
- G-32,G-33
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 43,900 /yr
- Last sold
- AED 3.05M · March 2023
- Building
- The Polo Residences C6
About 401, The Polo Residences C6
401 is a three-bedroom apartment of 2,802 sqft on the 4th floor of The Polo Residences C6, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 10 March 2023 for AED 3,050,000, or AED 1,088 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 143,325 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 43,900 a year.
Sales and rents for 401 over time
401 has sold twice; the dashed line is the three-bed median of each year in the building.
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 C6, and where 401 sits
All 3 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20233 July 2023 | 4,123 sqft | 3,800,000 | 921 | ||
| 2 May 20232 May 2023 | 2,801 sqft | 2,850,000 | 1,017 | ||
| 18 May 201718 May 2017 | 4,123 sqft | 3,756,281 | 910 | ||
| 18 May 201718 May 2017 | 2,801 sqft | 2,980,397 | 1,064 |
The Polo Residences C6
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 1,768
- Typical sale
- AED 2.15M
- Typical rent
- AED 85K /yr
- Typical yield
- 5.5%
Other units on the 4th floor
All 30 units in The Polo Residences C6401, The Polo Residences C6 in numbers
- Sold twice: first on 18 May 2017 for AED 2,980,397, last on 10 March 2023 for AED 3,050,000 (AED 1,088 per sqft).
- Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 193,000 to AED 130,000 in 2020 and recovered to AED 143,325 by July 2022.
- At AED 143,325 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 43,900 a year (AED 15.67 per sqft).
Source: Dubai Land Department. Updated 10 March 2023.
Questions about 401, The Polo Residences C6
What did unit 401 last sell for?
AED 3,050,000 on 10 March 2023: AED 1,088 per sqft for 2,802 sqft. The unit has 2 registered sales; the first was AED 2,980,397 in May 2017.
What is the rent for unit 401?
AED 143,325 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 136,500; the unit has been rented since February 2018.
How big is unit 401?
2,802 sqft (260.3 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 C6
Starts from the last sale price (AED 3.05M, 10 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →