2-bed · 2,628 sqftThe Polo Residences C7, Meydan City · 4th floor · completed 2017

403, The Polo Residences C7

Sold prices and rental history: sold 3 times, last in March 2022, and rented once, from October 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 17 March 2022
Last soldAED 2.2M17 March 2022
Current rentAED 150K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences C7

What is 403 worth today?

Last sold for AED 2,200,000 in 2022

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17 Mar 2022SoldReady
AED 2,200,000AED 837 per sqft
20 May 2021SoldReady
AED 1,820,000AED 692 per sqft
1 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 57 per sqft
4 Dec 2014Sold by developerOff-plan
AED 2,006,536AED 763 per sqft

Source: Dubai Land Department. Updated 17 March 2022.

Key facts

Type
2-bed apartment
Size
2,628 sqft
Floor
4th of 4
Parking
G-03
Developer
IGO Property Development
Completed
2017
Service charge
AED 42,300 /yr
Last sold
AED 2.2M · March 2022

About 403, The Polo Residences C7

403 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences C7, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 17 March 2022 for AED 2,200,000, or AED 837 per sqft.

One Ejari contract is registered, from 1 October 2017. The current contract, signed on 1 October 2017, is AED 150,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 42,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in The Polo Residences C7
1.8M2M2.2M2014201720202023Typical sale price by year: 2015 AED 1,834,319; 2017 AED 1,775,000; 2022 AED 1,850,000Sold by developer, December 2014: AED 2,006,536 (AED 763 per sqft)Sold, May 2021: AED 1,820,000 (AED 692 per sqft)Sold, March 2022: AED 2,200,000 (AED 837 per sqft)

403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, 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, October 2017: AED 150,000 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 403 sits

All 16 2-beds →

403's AED 150,000 is in the lower half 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
4022-bedAED 2.53M · Dec 2014
4042-bedAED 1.85M · Apr 2022

403, The Polo Residences C7 in numbers

  • Sold 3 times: first on 4 December 2014 for AED 2,006,536, last on 17 March 2022 for AED 2,200,000 (AED 837 per sqft).
  • Rented since October 2017 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 42,300 a year (AED 16.11 per sqft).

Source: Dubai Land Department. Updated 17 March 2022.

Questions about 403, The Polo Residences C7

What did unit 403 last sell for?

AED 2,200,000 on 17 March 2022: AED 837 per sqft for 2,628 sqft. The unit has 3 registered sales; the first was AED 2,006,536 in December 2014.

What is the rent for unit 403?

AED 150,000 a year on the contract signed on 1 October 2017.

How big is unit 403?

2,628 sqft (244.1 sqm): a two-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 C7

Starts from the last sale price (AED 2.2M, 17 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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