3-bed · 2,801 sqftThe Polo Residences C6, Meydan City · 4th floor · completed 2017

403, The Polo Residences C6

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 2.85M2 May 2023
Current rentAED 168K /yr14 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences C6

What is 403 worth today?

Last sold for AED 2,850,000 in 2023

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2 May 2023SoldReady
AED 2,850,000AED 1,017 per sqft
14 Jul 2022RentedNew contract
AED 168,000/yr12 months · AED 60 per sqft
6 Feb 2022RentedRenewal
AED 150,000/yr12 months · AED 54 per sqft
6 Feb 2021RentedNew contract
AED 150,000/yr12 months · AED 54 per sqft
5 Jan 2020RentedNew contract
AED 155,000/yr12 months · AED 55 per sqft
18 May 2017Sold by developerReady
AED 2,980,397AED 1,064 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
3-bed apartment
Size
2,801 sqft
Floor
4th of 4
Parking
G-01,G-02
Developer
IGO Property Development
Completed
2017
Service charge
AED 43,900 /yr
Last sold
AED 2.85M · May 2023

About 403, The Polo Residences C6

403 is a three-bedroom apartment of 2,801 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 2 May 2023 for AED 2,850,000, or AED 1,017 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 14 July 2022, is AED 168,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 43,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in The Polo Residences C6
2.9M3M2017201920212023Typical sale price by year: 2017 AED 2,980,397; 2023 AED 3,050,000Sold by developer, May 2017: AED 2,980,397 (AED 1,064 per sqft)Sold, May 2023: AED 2,850,000 (AED 1,017 per sqft)

403 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 403, each contractTypical three-bed in The Polo Residences C6
150K160K170K2020202120222023Typical rent by year: 2020 AED 155,000; 2021 AED 150,000; 2022 AED 152,500New contract, January 2020: AED 155,000 a yearNew contract, February 2021: AED 150,000 a yearRenewal, February 2022: AED 150,000 a yearNew contract, July 2022: AED 168,000 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 C6, and where 403 sits

All 3 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
3 Jul 20233,800,000
10 Mar 20233,050,000
18 May 20172,980,397
18 May 20173,756,281
0 3-bed sales in the last 12 months

The Polo Residences C6

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 1,768
Typical sale
AED 2.15M
Typical rent
AED 85K /yr
Typical yield
5.5%
The Polo Residences C6, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 30 units in The Polo Residences C6
Value
4013-bedAED 3.05M · Mar 2023
4023-bedAED 3.8M · Jul 2023

403, The Polo Residences C6 in numbers

  • Sold twice: first on 18 May 2017 for AED 2,980,397, last on 2 May 2023 for AED 2,850,000 (AED 1,017 per sqft).
  • Rented since January 2020 on 4 Ejari contracts, from AED 155,000 to AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 43,900 a year (AED 15.67 per sqft).

Source: Dubai Land Department. Updated 2 May 2023.

Questions about 403, The Polo Residences C6

What did unit 403 last sell for?

AED 2,850,000 on 2 May 2023: AED 1,017 per sqft for 2,801 sqft. The unit has 2 registered sales; the first was AED 2,980,397 in May 2017.

What is the rent for unit 403?

AED 168,000 a year on the contract signed on 14 July 2022. The previous contract, from February 2022, was AED 150,000; the unit has been rented since January 2020.

How big is unit 403?

2,801 sqft (260.2 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 C6

Starts from the last sale price (AED 2.85M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →