2-bed · 2,219 sqftThe Polo Residences E3, Meydan City · 4th floor · completed 2017

404, The Polo Residences E3

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 1.7M1 June 2021
Current rentAED 175K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, The Polo Residences E3

What is 404 worth today?

Last sold for AED 1,700,000 in 2021

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15 Jan 2025RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
15 Jan 2025RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
21 Nov 2021RentedNew contract
AED 120,000/yr12 months · AED 54 per sqft
1 Jun 2021Sold by developerReady
AED 1,700,000AED 766 per sqft
5 Dec 2018RentedNew contract
AED 125,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

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 42,200 /yr
Last sold
AED 1.7M · June 2021

About 404, The Polo Residences E3

404 is a two-bedroom apartment of 2,219 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 1 June 2021 for AED 1,700,000, or AED 766 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 January 2025, is AED 175,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 42,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in The Polo Residences E3
1.5M1.75M2M2014201720202023Typical 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 2021: AED 1,700,000 (AED 766 per sqft)

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

Rents
Unit 404, 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 145,000New contract, December 2018: AED 125,000 a yearNew contract, November 2021: AED 120,000 a yearNew contract, January 2025: AED 175,000 a yearNew contract, January 2025: AED 175,000 a year

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 404 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. 404's AED 175,000 is at the top of that range.

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
4022-bedAED 2.25M · Jun 2019
4032-bedAED 2.07M · Jan 2015

404, The Polo Residences E3 in numbers

  • Sold once: by IGO Property Development on 1 June 2021 for AED 1,700,000, or AED 766 per sqft.
  • Rented since December 2018 on 4 Ejari contracts, from AED 125,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 42,200 a year (AED 19.00 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 15 January 2025.

Questions about 404, The Polo Residences E3

What did unit 404 last sell for?

AED 1,700,000 on 1 June 2021, sold by the developer: AED 766 per sqft for 2,219 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 175,000 a year on the contract signed on 15 January 2025. The previous contract, from January 2025, was AED 175,000; the unit has been rented since December 2018.

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 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 404, The Polo Residences E3

Starts from the last sale price (AED 1.7M, 1 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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