404, The Polo Residences E1
Sold prices and rental history: sold twice, last in March 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, The Polo Residences E1
What is 404 worth today?
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Source: Dubai Land Department. Updated 30 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,442 sqft
- Floor
- 4th of 4
- Parking
- G-13
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 40,600 /yr
- Last sold
- AED 2.22M · March 2023
- Building
- The Polo Residences E1
About 404, The Polo Residences E1
404 is a two-bedroom apartment of 2,442 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 30 March 2023 for AED 2,220,000, or AED 909 per sqft.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 November 2022, is AED 120,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 40,600 a year.
Sales and rents for 404 over time
404 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 404 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. 404's AED 120,000 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 E1404, The Polo Residences E1 in numbers
- Sold twice: first on 31 May 2018 for AED 2,113,000, last on 30 March 2023 for AED 2,220,000 (AED 909 per sqft).
- Rented since August 2020 on 2 Ejari contracts, from AED 115,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 40,600 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 30 March 2023.
Questions about 404, The Polo Residences E1
What did unit 404 last sell for?
AED 2,220,000 on 30 March 2023: AED 909 per sqft for 2,442 sqft. The unit has 2 registered sales; the first was AED 2,113,000 in May 2018.
What is the rent for unit 404?
AED 120,000 a year on the contract signed on 1 November 2022. The previous contract, from August 2020, was AED 115,000.
How big is unit 404?
2,442 sqft (226.9 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.
What is unit 404 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 404, The Polo Residences E1
Starts from the last sale price (AED 2.22M, 30 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,220,000
- Deposit, UAE resident (20%)
- AED 444,000
- Deposit, non-resident (40%)
- AED 888,000
- Monthly over 25 years at 3.7%
- AED 9,083
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →