404, The Polo Residences E2
Sold prices and rental history: sold twice, last in April 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 404, The Polo Residences E2
What is 404 worth today?
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Source: Dubai Land Department. Updated 1 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 2,219 sqft
- Floor
- 4th of 4
- Parking
- G-01
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 46,600 /yr
- Last sold
- AED 1.3M · April 2022
- Building
- The Polo Residences E2
About 404, The Polo Residences E2
404 is a two-bedroom apartment of 2,219 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 1 April 2022 for AED 1,300,000, or AED 585 per sqft, 20% below the AED 733 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 24 January 2022, is AED 130,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 46,600 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 E2, and where 404 sits
All 16 2-beds →404 last sold in April 2022 at AED 585 per sqft, 20% below what two-beds in The Polo Residences E2 were fetching at the time (AED 733). 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. 404's AED 130,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,535 sqft | 2,600,000 | 1,694 | ||
| 5 Aug 20255 August 2025 | 1,494 sqft | 2,525,000 | 1,690 | ||
| 29 Jul 202429 July 2024 | 1,534 sqft | 2,200,000 | 1,434 | ||
| 5 Jun 20245 June 2024 | 2,635 sqft | 2,750,000 | 1,043 |
The Polo Residences E2
Building31 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%
Other units on the 4th floor
All 31 units in The Polo Residences E2404, The Polo Residences E2 in numbers
- Sold twice: first on 8 November 2014 for AED 1,884,523, last on 1 April 2022 for AED 1,300,000 (AED 585 per sqft).
- Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2020 and recovered to AED 130,000 by January 2022.
- At AED 130,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 46,600 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 1 April 2022.
Questions about 404, The Polo Residences E2
What did unit 404 last sell for?
AED 1,300,000 on 1 April 2022: AED 585 per sqft for 2,219 sqft. The unit has 2 registered sales; the first was AED 1,884,523 in November 2014.
What is the rent for unit 404?
AED 130,000 a year on the contract signed on 24 January 2022. The previous contract, from December 2020, was AED 95,000; the unit has been rented since October 2017.
How big is unit 404?
2,219 sqft (206.2 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 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 404, The Polo Residences E2
Starts from the last sale price (AED 1.3M, 1 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →