2-bed · 2,101 sqftThe Polo Residences E1, Meydan City · 4th floor · completed 2017

403, The Polo Residences E1

Sold prices and rental history: sold once, by the developer in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 18 December 2017
Last soldAED 2.06M18 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences E1

What is 403 worth today?

Last sold for AED 2,057,060 in 2017

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18 Dec 2017Sold by developerReady
AED 2,057,060AED 979 per sqft

Source: Dubai Land Department. Updated 18 December 2017.

Key facts

Type
2-bed apartment
Size
2,101 sqft
Floor
4th of 4
Parking
G-14
Developer
IGO Property Development
Completed
2017
Service charge
AED 34,900 /yr
Last sold
AED 2.06M · December 2017

About 403, The Polo Residences E1

403 is a two-bedroom apartment of 2,101 sqft on the 4th floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 18 December 2017 for AED 2,057,060, or AED 979 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in The Polo Residences E1
2M2.5M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2023 AED 2,000,000; 2024 AED 2,400,000Sold by developer, December 2017: AED 2,057,060 (AED 979 per sqft)

403 has sold once; 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 E1
100K150K2017202020232026Typical rent by year: 2017 AED 116,500; 2018 AED 109,385; 2019 AED 100,000; 2020 AED 89,880; 2021 AED 85,000; 2022 AED 95,000; 2023 AED 93,992; 2024 AED 110,000; 2025 AED 155,000; 2026 AED 140,000

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 403 sits

All 16 2-beds →

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.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20263,020,000
16 Jun 20252,582,317
24 Mar 20252,400,000
28 Nov 20242,400,000
1 2-bed sale in the last 12 months

The Polo Residences E1

Building

31 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%
The Polo Residences E1, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences E1
Value
4012-bedAED 2.8M · Nov 2024
4022-bedAED 3.02M · Oct 2026
4042-bedAED 2.22M · Mar 2023

403, The Polo Residences E1 in numbers

  • Sold once: by IGO Property Development on 18 December 2017 for AED 2,057,060, or AED 979 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 18 December 2017.

Questions about 403, The Polo Residences E1

What did unit 403 last sell for?

AED 2,057,060 on 18 December 2017, sold by the developer: AED 979 per sqft for 2,101 sqft. It is the only registered sale of the unit.

How big is unit 403?

2,101 sqft (195.2 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 E1 sold for AED 3,020,000 to 3,020,000 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 403, The Polo Residences E1

Starts from the last sale price (AED 2.06M, 18 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,057,060
Deposit, UAE resident (20%)
AED 411,412
Deposit, non-resident (40%)
AED 822,824
Monthly over 25 years at 3.7%
AED 8,416

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