402, The Polo Residences C6
Sold prices and rental history: sold twice, last in July 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 402, The Polo Residences C6
What is 402 worth today?
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Source: Dubai Land Department. Updated 27 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 4,123 sqft
- Floor
- 4th of 4
- Parking
- G-03,G-04
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 64,600 /yr
- Last sold
- AED 3.8M · July 2023
- Building
- The Polo Residences C6
About 402, The Polo Residences C6
402 is a three-bedroom apartment of 4,123 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 3 July 2023 for AED 3,800,000, or AED 921 per sqft, 9% below the AED 1,017 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 27 February 2024, is AED 170,757 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 64,600 a year.
Sales and rents for 402 over time
402 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 402 sits
All 3 3-beds →402 last sold in July 2023 at AED 921 per sqft, 9% below what three-beds in The Polo Residences C6 were fetching at the time (AED 1,017).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 May 20232 May 2023 | 2,801 sqft | 2,850,000 | 1,017 | ||
| 10 Mar 202310 March 2023 | 2,802 sqft | 3,050,000 | 1,088 | ||
| 18 May 201718 May 2017 | 2,802 sqft | 2,980,397 | 1,063 | ||
| 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 C6402, The Polo Residences C6 in numbers
- Sold twice: first on 18 May 2017 for AED 3,756,281, last on 3 July 2023 for AED 3,800,000 (AED 921 per sqft).
- Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 240,000 to AED 155,000 in 2022 and recovered to AED 170,757 by February 2024.
- At AED 170,757 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 64,600 a year (AED 15.67 per sqft).
Source: Dubai Land Department. Updated 27 February 2024.
Questions about 402, The Polo Residences C6
What did unit 402 last sell for?
AED 3,800,000 on 3 July 2023: AED 921 per sqft for 4,123 sqft. The unit has 2 registered sales; the first was AED 3,756,281 in May 2017.
What is the rent for unit 402?
AED 170,757 a year on the contract renewed on 27 February 2024. The previous contract, from February 2023, was AED 170,500; the unit has been rented since February 2018.
How big is unit 402?
4,123 sqft (383.0 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 C6
Starts from the last sale price (AED 3.8M, 3 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →