2-bed · 2,219 sqftThe Polo Residences E4, Meydan City · 4th floor · completed 2017

401, The Polo Residences E4

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

Unit 401 · DLD and Ejari recordsUpdated 9 December 2019
Last soldAED 1.8M9 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Polo Residences E4

What is 401 worth today?

Last sold for AED 1,800,000 in 2019

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9 Dec 2019Sold by developerReady
AED 1,800,000AED 811 per sqft

Source: Dubai Land Department. Updated 9 December 2019.

Key facts

Type
2-bed apartment
Size
2,219 sqft
Floor
4th of 4
Parking
G-04
Developer
IGO Property Development
Completed
2017
Service charge
AED 42,200 /yr
Last sold
AED 1.8M · December 2019

About 401, The Polo Residences E4

401 is a two-bedroom apartment of 2,219 sqft on the 4th floor of The Polo Residences E4, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 9 December 2019 for AED 1,800,000, or AED 811 per sqft, in line with the AED 811 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in The Polo Residences E4
1.6M1.8M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2019 AED 1,500,000; 2023 AED 1,620,000Sold by developer, December 2019: AED 1,800,000 (AED 811 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in The Polo Residences E4
100K125K2017202020232026Typical rent by year: 2017 AED 107,000; 2018 AED 92,500; 2019 AED 95,000; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 93,000; 2023 AED 102,669; 2024 AED 137,500; 2025 AED 140,000

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 E4, and where 401 sits

All 14 2-beds →

401 last sold in December 2019 at AED 811 per sqft, in line with what two-beds in The Polo Residences E4 were fetching at the time (AED 811). Over the last 12 months two-beds sold for AED 2,250,000, around AED 1,466 per sqft, and rent for AED 115,000 to 145,001 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,250,000
2 Oct 20242,100,000
8 Jan 20241,900,000
10 Oct 20232,025,000
1 2-bed sale in the last 12 months

The Polo Residences E4

Building

30 apartments, 1-bed to 4-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 1,501
Typical sale
AED 1.75M
Typical rent
AED 95K /yr
Typical yield
5.3%
The Polo Residences E4, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 30 units in The Polo Residences E4
Value
4022-bedAED 1.5M · May 2019
4034-bedAED 4.82M · Jun 2015

401, The Polo Residences E4 in numbers

  • Sold once: by IGO Property Development on 9 December 2019 for AED 1,800,000, or AED 811 per sqft.
  • Two-beds in The Polo Residences E4 sold for AED 2,250,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,501 per sqft.

Source: Dubai Land Department. Updated 9 December 2019.

Questions about 401, The Polo Residences E4

What did unit 401 last sell for?

AED 1,800,000 on 9 December 2019, sold by the developer: AED 811 per sqft for 2,219 sqft. It is the only registered sale of the unit.

How big is unit 401?

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 401 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 E4 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 1,466 per sqft.

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Mortgage on 401, The Polo Residences E4

Starts from the last sale price (AED 1.8M, 9 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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