2-bed · 2,635 sqftThe Polo Residences E3, Meydan City · 4th floor · completed 2017

402, The Polo Residences E3

Sold prices and rental history: sold once, by the developer in June 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 17 June 2019
Last soldAED 2.25M17 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, The Polo Residences E3

What is 402 worth today?

Last sold for AED 2,250,000 in 2019

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17 Jun 2019Sold by developerReady
AED 2,250,000AED 853 per sqft

Source: Dubai Land Department. Updated 17 June 2019.

Key facts

Type
2-bed apartment
Size
2,635 sqft
Floor
4th of 4
Parking
G-03,G-26
Developer
IGO Property Development
Completed
2017
Service charge
AED 50,100 /yr
Last sold
AED 2.25M · June 2019

About 402, The Polo Residences E3

402 is a two-bedroom apartment of 2,635 sqft on the 4th floor of The Polo Residences E3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 17 June 2019 for AED 2,250,000, or AED 853 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in The Polo Residences E3
1.5M2M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2015 AED 1,639,375; 2022 AED 1,500,000; 2023 AED 1,950,000Sold by developer, June 2019: AED 2,250,000 (AED 853 per sqft)

402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in The Polo Residences E3
100K150K2017202020232026Typical rent by year: 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 88,000; 2022 AED 110,000; 2023 AED 110,000; 2024 AED 123,000; 2025 AED 157,000; 2026 AED 145,000

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 E3, and where 402 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 2,550,000, around AED 1,662 per sqft, and rent for AED 125,000 to 170,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 20262,550,000
28 Oct 20252,600,000
16 Jan 20252,250,000
24 Nov 20232,025,000
1 2-bed sale in the last 12 months

The Polo Residences E3

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 1,593
Typical sale
AED 1.9M
Typical rent
AED 113K /yr
Typical yield
5.6%
The Polo Residences E3, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences E3
Value
4012-bedAED 850K · Nov 2019
4032-bedAED 2.07M · Jan 2015
4042-bedAED 1.7M · Jun 2021

402, The Polo Residences E3 in numbers

  • Sold once: by IGO Property Development on 17 June 2019 for AED 2,250,000, or AED 853 per sqft.
  • Two-beds in The Polo Residences E3 sold for AED 2,550,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,593 per sqft.

Source: Dubai Land Department. Updated 17 June 2019.

Questions about 402, The Polo Residences E3

What did unit 402 last sell for?

AED 2,250,000 on 17 June 2019, sold by the developer: AED 853 per sqft for 2,635 sqft. It is the only registered sale of the unit.

How big is unit 402?

2,635 sqft (244.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 402 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 E3 sold for AED 2,550,000 to 2,550,000 in the last 12 months, around AED 1,662 per sqft.

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Mortgage on 402, The Polo Residences E3

Starts from the last sale price (AED 2.25M, 17 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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