2-bed · 2,628 sqftThe Polo Residences E2, Meydan City · 4th floor · completed 2017

403, The Polo Residences E2

Sold prices and rental history: sold twice, last in May 2022, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 2.05M17 May 2022
Current rentAED 35K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Polo Residences E2

What is 403 worth today?

Last sold for AED 2,050,000 in 2022

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16 Dec 2024RentedNew contract · flagged as an outlier
AED 35,000/yr12 months · AED 13 per sqft
17 May 2022SoldReady
AED 2,050,000AED 779 per sqft
16 Apr 2019Sold by developerReady
AED 1,600,000AED 608 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
2,628 sqft
Floor
4th of 4
Parking
G-02
Developer
IGO Property Development
Completed
2017
Service charge
AED 55,200 /yr
Last sold
AED 2.05M · May 2022

About 403, The Polo Residences E2

403 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences E2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 17 May 2022 for AED 2,050,000, or AED 779 per sqft, in line with the AED 779 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 December 2024. The current contract, signed on 16 December 2024, is AED 35,000 a year: a gross yield of 1.7% on the 2022 price, before the service charge of about AED 55,200 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in The Polo Residences E2
1.5M2M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2015 AED 1,639,375; 2018 AED 1,750,000; 2019 AED 1,449,269; 2021 AED 1,225,000; 2022 AED 1,500,000Sold by developer, April 2019: AED 1,600,000 (AED 608 per sqft)Sold, May 2022: AED 2,050,000 (AED 779 per sqft)

403 has sold twice; 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 E2
100K150K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 95,630; 2020 AED 86,044; 2021 AED 85,000; 2022 AED 89,000; 2023 AED 96,000; 2024 AED 111,550; 2025 AED 160,000

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 E2, and where 403 sits

All 16 2-beds →

403 last sold in May 2022 at AED 779 per sqft, in line with what two-beds in The Polo Residences E2 were fetching at the time (AED 779). Over the last 12 months two-beds sold for AED 2,600,000, around AED 1,694 per sqft, and rent for AED 155,000 to 180,000 a year. 403's AED 35,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20262,600,000
5 Aug 20252,525,000
29 Jul 20242,200,000
5 Jun 20242,750,000
1 2-bed sale in the last 12 months

The Polo Residences E2

Building

31 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 1,694
Typical sale
AED 2.6M
Typical rent
AED 83K /yr
Typical yield
6.0%
The Polo Residences E2, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences E2
Value
4012-bedAED 854K · Nov 2018
4022-bedAED 2.75M · Jun 2024
4042-bedAED 1.3M · Apr 2022

403, The Polo Residences E2 in numbers

  • Sold twice: first on 16 April 2019 for AED 1,600,000, last on 17 May 2022 for AED 2,050,000 (AED 779 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 1.7%, before a service charge of about AED 55,200 a year (AED 21.00 per sqft).
  • Two-beds in The Polo Residences E2 sold for AED 2,600,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,694 per sqft.

Source: Dubai Land Department. Updated 16 December 2024.

Questions about 403, The Polo Residences E2

What did unit 403 last sell for?

AED 2,050,000 on 17 May 2022: AED 779 per sqft for 2,628 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in April 2019.

What is the rent for unit 403?

AED 35,000 a year on the contract signed on 16 December 2024.

How big is unit 403?

2,628 sqft (244.1 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 E2 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,694 per sqft.

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Mortgage on 403, The Polo Residences E2

Starts from the last sale price (AED 2.05M, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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