401, The Polo Residences D5
Sold prices and rental history: sold twice, last in October 2022, 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 401, The Polo Residences D5
What is 401 worth today?
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Source: Dubai Land Department. Updated 4 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,802 sqft
- Floor
- 4th of 4
- Parking
- G-05 ,G-0 6
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 39,800 /yr
- Last sold
- AED 3M · October 2022
- Building
- The Polo Residences D5
About 401, The Polo Residences D5
401 is a three-bedroom apartment of 2,802 sqft on the 4th floor of The Polo Residences D5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 4 October 2022 for AED 3,000,000, or AED 1,070 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 133,931 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 39,800 a year.
Sales and rents for 401 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Polo Residences D5, and where 401 sits
All 3 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Aug 202323 August 2023 | 4,124 sqft | 3,600,000 | 872 | ||
| 26 Jan 202326 January 2023 | 2,801 sqft | 2,800,000 | 999 | ||
| 17 May 201617 May 2016 | 4,124 sqft | 3,788,915 | 918 | ||
| 9 Mar 20169 March 2016 | 2,801 sqft | 2,963,329 | 1,057 |
The Polo Residences D5
Building30 apartments, 1-bed to 3-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 75
- Typical sale
- AED 62K
- Typical rent
- AED 75K /yr
- Typical yield
- 118.9%
Other units on the 4th floor
All 30 units in The Polo Residences D5401, The Polo Residences D5 in numbers
- Sold twice: first on 12 February 2017 for AED 3,035,392, last on 4 October 2022 for AED 3,000,000 (AED 1,070 per sqft).
- Rented since October 2017 on 5 Ejari contracts, from AED 150,000 to AED 133,931 a year.
- At AED 133,931 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 39,800 a year (AED 14.21 per sqft).
Source: Dubai Land Department. Updated 4 October 2022.
Questions about 401, The Polo Residences D5
What did unit 401 last sell for?
AED 3,000,000 on 4 October 2022: AED 1,070 per sqft for 2,802 sqft. The unit has 2 registered sales; the first was AED 3,035,392 in February 2017.
What is the rent for unit 401?
AED 133,931 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 127,500; the unit has been rented since October 2017.
How big is unit 401?
2,802 sqft (260.3 sqm): a three-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 D5
Starts from the last sale price (AED 3M, 4 October 2022). 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 →