402, 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.
Property timeline for 402, The Polo Residences D1
What is 402 worth today?
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Source: Dubai Land Department. Updated 21 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,635 sqft
- Floor
- 4th of 4
- Parking
- G-03
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 42,200 /yr
- Last sold
- AED 3M · June 2024
- Building
- The Polo Residences D1
About 402, The Polo Residences D1
402 is a two-bedroom apartment of 2,635 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 3,000,000, or AED 1,138 per sqft, 19% 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 25 January 2024, is AED 220,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 42,200 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 D1, and where 402 sits
All 16 2-beds →402 last sold in June 2024 at AED 1,138 per sqft, 19% below what two-beds in The Polo Residences D1 were fetching at the time (AED 1,401). 402's AED 220,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Apr 202522 April 2025 | 1,535 sqft | 2,450,000 | 1,596 | ||
| 12 Dec 202412 December 2024 | 2,628 sqft | 3,100,000 | 1,179 | ||
| 14 Nov 202414 November 2024 | 1,534 sqft | 2,400,000 | 1,564 | ||
| 18 Jul 202418 July 2024 | 1,534 sqft | 2,200,000 | 1,434 |
The Polo Residences D1
Building31 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%
Other units on the 4th floor
All 31 units in The Polo Residences D1402, The Polo Residences D1 in numbers
- Sold twice: first on 30 October 2014 for AED 2,294,718, last on 21 June 2024 for AED 3,000,000 (AED 1,138 per sqft).
- Rented since July 2017 on 7 Ejari contracts, from AED 120,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 42,200 a year (AED 16.02 per sqft).
Source: Dubai Land Department. Updated 21 June 2024.
Questions about 402, The Polo Residences D1
What did unit 402 last sell for?
AED 3,000,000 on 21 June 2024: AED 1,138 per sqft for 2,635 sqft. The unit has 2 registered sales; the first was AED 2,294,718 in October 2014.
What is the rent for unit 402?
AED 220,000 a year on the contract signed on 25 January 2024. The previous contract, from December 2022, was AED 120,034; the unit has been rented since July 2017.
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 D1
Starts from the last sale price (AED 3M, 21 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →