401, The Polo Residences E1
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Polo Residences E1
What is 401 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 13 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,166 sqft
- Floor
- 4th of 4
- Parking
- G-16
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 36,000 /yr
- Last sold
- AED 2.8M · November 2024
- Building
- The Polo Residences E1
About 401, The Polo Residences E1
401 is a two-bedroom apartment of 2,166 sqft on the 4th floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 13 November 2024 for AED 2,800,000, or AED 1,292 per sqft, 4% below the AED 1,350 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 111,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 36,000 a year.
Sales and rents for 401 over time
401 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 E1, and where 401 sits
All 16 2-beds →401 last sold in November 2024 at AED 1,292 per sqft, 4% below what two-beds in The Polo Residences E1 were fetching at the time (AED 1,350). Over the last 12 months two-beds sold for AED 3,020,000, around AED 1,280 per sqft, and rent for AED 130,000 to 170,000 a year. 401's AED 111,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 2,359 sqft | 3,020,000 | 1,280 | ||
| 16 Jun 202516 June 2025 | 1,554 sqft | 2,582,317 | 1,661 | ||
| 24 Mar 202524 March 2025 | 1,570 sqft | 2,400,000 | 1,528 | ||
| 28 Nov 202428 November 2024 | 1,554 sqft | 2,400,000 | 1,543 |
The Polo Residences E1
Building31 apartments, 1-bed to 2-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 1,499
- Typical sale
- AED 2.29M
- Typical rent
- AED 84K /yr
- Typical yield
- 6.2%
Other units on the 4th floor
All 31 units in The Polo Residences E1401, The Polo Residences E1 in numbers
- Sold twice: first on 16 June 2019 for AED 1,500,000, last on 13 November 2024 for AED 2,800,000 (AED 1,292 per sqft).
- Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 95,000 in 2021 and recovered to AED 111,000 by September 2023.
- At AED 111,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 36,000 a year (AED 16.63 per sqft).
- Two-beds in The Polo Residences E1 sold for AED 3,020,000–3,020,000 in the 12 months to November 2026; the building's median across all types is AED 1,499 per sqft.
Source: Dubai Land Department. Updated 13 November 2024.
Questions about 401, The Polo Residences E1
What did unit 401 last sell for?
AED 2,800,000 on 13 November 2024: AED 1,292 per sqft for 2,166 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in June 2019.
What is the rent for unit 401?
AED 111,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 105,000; the unit has been rented since June 2019.
How big is unit 401?
2,166 sqft (201.2 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. Two-beds in The Polo Residences E1 sold for AED 3,020,000 to 3,020,000 in the last 12 months, around AED 1,280 per sqft.
Selling 401? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 401, The Polo Residences E1
Starts from the last sale price (AED 2.8M, 13 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →