402, The Polo Residences C9
Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, The Polo Residences C9
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,628 sqft
- Floor
- 4th of 4
- Parking
- G-05
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 44,800 /yr
- Last sold
- AED 1.85M · May 2021
- Building
- The Polo Residences C9
About 402, The Polo Residences C9
402 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences C9, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 9 May 2021 for AED 1,845,000, or AED 701 per sqft, 17% below the AED 847 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 120,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 44,800 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
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 C9, and where 402 sits
All 16 2-beds →402 last sold in May 2021 at AED 701 per sqft, 17% below what two-beds in The Polo Residences C9 were fetching at the time (AED 847). Over the last 12 months two-beds sold for AED 2,700,000 to 3,350,000, around AED 1,634 per sqft, and rent for AED 131,250 to 170,000 a year. 402's AED 120,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Apr 20268 April 2026 | 1,535 sqft | 2,700,000 | 1,759 | ||
| 22 Jan 202622 January 2026 | 2,219 sqft | 3,350,000 | 1,509 | ||
| 17 Jun 202517 June 2025 | 1,534 sqft | 2,575,000 | 1,678 | ||
| 21 May 202521 May 2025 | 1,535 sqft | 2,675,000 | 1,742 |
The Polo Residences C9
Building31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,565
- Typical sale
- AED 2.7M
- Typical rent
- AED 102K /yr
- Typical yield
- 6.8%
Other units on the 4th floor
All 31 units in The Polo Residences C9402, The Polo Residences C9 in numbers
- Sold twice: first on 3 December 2014 for AED 2,540,242, last on 9 May 2021 for AED 1,845,000 (AED 701 per sqft).
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 105,000 in 2020 and recovered to AED 120,000 by October 2023.
- At AED 120,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 44,800 a year (AED 17.06 per sqft).
- Two-beds in The Polo Residences C9 sold for AED 2,700,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,565 per sqft.
Source: Dubai Land Department. Updated 1 October 2023.
Questions about 402, The Polo Residences C9
What did unit 402 last sell for?
AED 1,845,000 on 9 May 2021: AED 701 per sqft for 2,628 sqft. The unit has 2 registered sales; the first was AED 2,540,242 in December 2014.
What is the rent for unit 402?
AED 120,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 120,000; the unit has been rented since August 2017.
How big is unit 402?
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 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Polo Residences C9 sold for AED 2,700,000 to 3,350,000 in the last 12 months, around AED 1,634 per sqft.
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Mortgage on 402, The Polo Residences C9
Starts from the last sale price (AED 1.85M, 9 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,845,000
- Deposit, UAE resident (20%)
- AED 369,000
- Deposit, non-resident (40%)
- AED 738,000
- Monthly over 25 years at 3.7%
- AED 7,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →