2-bed · 2,220 sqftThe Polo Residences D1, Meydan City · 4th floor · completed 2017

401, The Polo Residences D1

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 6 June 2025
Last soldAED 2.7M21 June 2024
Current rentAED 200K /yr6 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Polo Residences D1

What is 401 worth today?

Last sold for AED 2,700,000 in 2024

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6 Jun 2025RentedNew contract
AED 200,000/yr12 months · AED 90 per sqft
21 Jun 2024SoldReady
AED 2,700,000AED 1,216 per sqft
6 May 2024RentedNew contract
AED 200,000/yr12 months · AED 90 per sqft
10 Dec 2022RentedRenewal
AED 120,000/yr11 months · AED 54 per sqft
10 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
10 Sep 2020RentedRenewal
AED 120,000/yr15 months · AED 54 per sqft
10 Aug 2019RentedRenewal
AED 120,000/yr13 months · AED 54 per sqft
10 Jun 2017RentedNew contract
AED 120,000/yr26 months · AED 54 per sqft

Source: Dubai Land Department. Updated 6 June 2025.

Key facts

Type
2-bed apartment
Size
2,220 sqft
Floor
4th of 4
Parking
G-04
Developer
IGO Property Development
Completed
2017
Service charge
AED 35,600 /yr
Last sold
AED 2.7M · June 2024

About 401, The Polo Residences D1

401 is a two-bedroom apartment of 2,220 sqft on the 4th floor of The Polo Residences D1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 21 June 2024 for AED 2,700,000, or AED 1,216 per sqft, 13% below the AED 1,401 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 6 June 2025, is AED 200,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 35,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in The Polo Residences D1
2M2.5M2014201720202023Typical sale price by year: 2014 AED 1,866,370; 2024 AED 2,300,000Sold by developer, October 2014: AED 2,251,883 (AED 1,014 per sqft)Sold, June 2024: AED 2,700,000 (AED 1,216 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in The Polo Residences D1
100K200K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 87,500; 2021 AED 85,000; 2022 AED 100,000; 2023 AED 130,000; 2024 AED 175,000; 2025 AED 160,000; 2026 AED 140,000New contract, June 2017: AED 120,000 a yearRenewal, August 2019: AED 120,000 a yearRenewal, September 2020: AED 120,000 a yearRenewal, December 2021: AED 120,000 a yearRenewal, December 2022: AED 120,000 a yearNew contract, May 2024: AED 200,000 a yearNew contract, June 2025: AED 200,000 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 D1, and where 401 sits

All 16 2-beds →

401 last sold in June 2024 at AED 1,216 per sqft, 13% below what two-beds in The Polo Residences D1 were fetching at the time (AED 1,401). 401's AED 200,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20252,450,000
12 Dec 20243,100,000
14 Nov 20242,400,000
18 Jul 20242,200,000
0 2-bed sales in the last 12 months

The Polo Residences D1

Building

31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,755
Typical sale
AED 1.55M
Typical rent
AED 128K /yr
Typical yield
5.5%
The Polo Residences D1, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences D1
Value
4022-bedAED 3M · Jun 2024
4032-bedAED 3.1M · Dec 2024
4042-bedAED 2.85M · Jun 2024

401, The Polo Residences D1 in numbers

  • Sold twice: first on 30 October 2014 for AED 2,251,883, last on 21 June 2024 for AED 2,700,000 (AED 1,216 per sqft).
  • Rented since June 2017 on 7 Ejari contracts, from AED 120,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 35,600 a year (AED 16.02 per sqft).

Source: Dubai Land Department. Updated 6 June 2025.

Questions about 401, The Polo Residences D1

What did unit 401 last sell for?

AED 2,700,000 on 21 June 2024: AED 1,216 per sqft for 2,220 sqft. The unit has 2 registered sales; the first was AED 2,251,883 in October 2014.

What is the rent for unit 401?

AED 200,000 a year on the contract signed on 6 June 2025. The previous contract, from May 2024, was AED 200,000; the unit has been rented since June 2017.

How big is unit 401?

2,220 sqft (206.2 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 401 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 401, The Polo Residences D1

Starts from the last sale price (AED 2.7M, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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