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2-bed · 2,635 sqftThe Polo Residences C7, Meydan City · 4th floor · completed 2017

402, The Polo Residences C7

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 16 February 2025
Last soldAED 2.53M14 December 2014
Current rentAED 131K /yr16 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, The Polo Residences C7

What is 402 worth today?

Last sold for AED 2,527,008 in 2014

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16 Feb 2025RentedRenewal
AED 131,250/yr12 months · AED 50 per sqft
16 Feb 2025RentedRenewal
AED 131,250/yr12 months · AED 50 per sqft
16 Feb 2024RentedRenewal
AED 125,000/yr12 months · AED 47 per sqft
16 Feb 2023RentedNew contract
AED 125,000/yr12 months · AED 47 per sqft
16 Feb 2022RentedRenewal
AED 125,000/yr12 months · AED 47 per sqft
16 Feb 2021RentedRenewal
AED 115,000/yr12 months · AED 44 per sqft
16 Feb 2020RentedNew contract
AED 115,000/yr12 months · AED 44 per sqft
15 Jul 2019RentedNew contract
AED 124,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 16 February 2025.

Key facts

Type
2-bed apartment
Size
2,635 sqft
Floor
4th of 4
Parking
G-04
Developer
IGO Property Development
Completed
2017
Service charge
AED 42,400 /yr
Last sold
AED 2.53M · December 2014
Building
The Polo Residences C7

About 402, The Polo Residences C7

402 is a two-bedroom apartment of 2,635 sqft on the 4th floor of The Polo Residences C7, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 14 December 2014 for AED 2,527,008, or AED 959 per sqft.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 16 February 2025, is AED 131,250 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 42,400 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in The Polo Residences C7
2M2.5M2014201720202023Typical sale price by year: 2015 AED 1,834,319; 2017 AED 1,775,000; 2022 AED 1,850,000Sold by developer, December 2014: AED 2,527,008 (AED 959 per sqft)

402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in The Polo Residences C7
100K125K150K2017202020232026Typical rent by year: 2017 AED 125,000; 2018 AED 122,500; 2019 AED 107,500; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 107,000; 2023 AED 110,000; 2024 AED 150,000; 2025 AED 138,250; 2026 AED 148,500New contract, May 2018: AED 140,000 a yearNew contract, July 2019: AED 124,000 a yearNew contract, February 2020: AED 115,000 a yearRenewal, February 2021: AED 115,000 a yearRenewal, February 2022: AED 125,000 a yearNew contract, February 2023: AED 125,000 a yearRenewal, February 2024: AED 125,000 a yearRenewal, February 2025: AED 131,250 a yearRenewal, February 2025: AED 131,250 a year

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 C7, and where 402 sits

All 16 2-beds →

402's AED 131,250 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 20252,550,000
14 Sep 20232,100,000
1 Mar 20232,050,000
25 May 20221,550,000
0 2-bed sales in the last 12 months

The Polo Residences C7

Building

31 apartments, 1-bed to 2-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 1,632
Typical sale
AED 1.41M
Typical rent
AED 147K /yr
Typical yield
6.0%
The Polo Residences C7, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences C7
Value
4012-bedAED 2.05M · Mar 2023
4032-bedAED 2.2M · Mar 2022
4042-bedAED 1.85M · Apr 2022

402, The Polo Residences C7 in numbers

  • Sold once: by IGO Property Development on 14 December 2014 for AED 2,527,008, or AED 959 per sqft.
  • Rented since May 2018 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 115,000 in 2021 and recovered to AED 131,250 by February 2025.
  • At AED 131,250 a year the gross yield on the 2014 price is 5.2%, before a service charge of about AED 42,400 a year (AED 16.11 per sqft).

Source: Dubai Land Department. Updated 16 February 2025.

Questions about 402, The Polo Residences C7

What did unit 402 last sell for?

AED 2,527,008 on 14 December 2014, sold by the developer: AED 959 per sqft for 2,635 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 131,250 a year on the contract renewed on 16 February 2025. The previous contract, from February 2025, was AED 131,250; the unit has been rented since May 2018.

How big is unit 402?

2,635 sqft (244.8 sqm): a two-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 C7

Starts from the last sale price (AED 2.53M, 14 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,527,008
Deposit, UAE resident (20%)
AED 505,402
Deposit, non-resident (40%)
AED 1,010,803
Monthly over 25 years at 3.7%
AED 10,339

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