2-bed · 2,635 sqftThe Polo Residences C9, Meydan City · 4th floor · completed 2017

403, The Polo Residences C9

Sold prices and rental history: sold twice, last in November 2021, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 18 November 2021
Last soldAED 2.25M18 November 2021
Current rentAED 150K /yr15 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences C9

What is 403 worth today?

Last sold for AED 2,250,000 in 2021

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18 Nov 2021SoldReady
AED 2,250,000AED 854 per sqft
15 Aug 2017RentedNew contract
AED 150,000/yr12 months · AED 57 per sqft
3 Dec 2014Sold by developerOff-plan
AED 2,540,242AED 964 per sqft

Source: Dubai Land Department. Updated 18 November 2021.

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 44,900 /yr
Last sold
AED 2.25M · November 2021

About 403, The Polo Residences C9

403 is a two-bedroom apartment of 2,635 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 18 November 2021 for AED 2,250,000, or AED 854 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2017. The current contract, signed on 15 August 2017, is AED 150,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 44,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in The Polo Residences C9
2M2.5M2014201720202023Typical sale price by year: 2014 AED 1,997,303; 2022 AED 1,740,000; 2023 AED 2,250,000Sold by developer, December 2014: AED 2,540,242 (AED 964 per sqft)Sold, November 2021: AED 2,250,000 (AED 854 per sqft)

403 has sold twice; 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 C9
100K150K2017202020232026Typical rent by year: 2017 AED 122,000; 2018 AED 120,000; 2019 AED 109,000; 2020 AED 98,500; 2021 AED 100,000; 2022 AED 120,000; 2023 AED 126,500; 2024 AED 140,625; 2025 AED 130,525; 2026 AED 160,000New contract, August 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 C9, and where 403 sits

All 16 2-beds →

403 last sold in November 2021 at AED 854 per sqft, in line with what two-beds in The Polo Residences C9 were fetching at the time (AED 854). 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. 403's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Apr 20262,700,000
22 Jan 20263,350,000
17 Jun 20252,575,000
21 May 20252,675,000
2 2-bed sales in the last 12 months

The Polo Residences C9

Building

31 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%
The Polo Residences C9, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences C9
Value
4012-bedAED 2.06M · Mar 2022
4022-bedAED 1.85M · May 2021
4042-bedAED 3.35M · Jan 2026

403, The Polo Residences C9 in numbers

  • Sold twice: first on 3 December 2014 for AED 2,540,242, last on 18 November 2021 for AED 2,250,000 (AED 854 per sqft).
  • Rented since August 2017 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 44,900 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 18 November 2021.

Questions about 403, The Polo Residences C9

What did unit 403 last sell for?

AED 2,250,000 on 18 November 2021: AED 854 per sqft for 2,635 sqft. The unit has 2 registered sales; the first was AED 2,540,242 in December 2014.

What is the rent for unit 403?

AED 150,000 a year on the contract signed on 15 August 2017.

How big is unit 403?

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 403 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 403, The Polo Residences C9

Starts from the last sale price (AED 2.25M, 18 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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