402, The Polo Residences E5
Sold prices and rental history: sold twice, last in October 2022, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, The Polo Residences E5
What is 402 worth today?
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Source: Dubai Land Department. Updated 13 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 3,000 sqft
- Floor
- 4th of 4
- Parking
- G-25
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 57,200 /yr
- Last sold
- AED 2.28M · October 2022
- Building
- The Polo Residences E5
About 402, The Polo Residences E5
402 is a two-bedroom apartment of 3,000 sqft on the 4th floor of The Polo Residences E5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 13 October 2022 for AED 2,280,000, or AED 760 per sqft, in line with the AED 760 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 January 2020. The current contract, signed on 25 January 2020, is AED 115,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 57,200 a year.
Sales and rents for 402 over time
402 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 E5, and where 402 sits
All 12 2-beds →402 last sold in October 2022 at AED 760 per sqft, in line with what two-beds in The Polo Residences E5 were fetching at the time (AED 760).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Mar 202528 March 2025 | 1,389 sqft | 2,370,000 | 1,706 | ||
| 25 Jun 202425 June 2024 | 1,495 sqft | 1,885,000 | 1,261 | ||
| 11 Sep 202311 September 2023 | 1,572 sqft | 2,070,000 | 1,317 | ||
| 22 Mar 202322 March 2023 | 1,495 sqft | 1,575,000 | 1,053 |
The Polo Residences E5
Building27 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 1,534
- Typical sale
- AED 1.23M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.2%
Other units on the 4th floor
All 27 units in The Polo Residences E5402, The Polo Residences E5 in numbers
- Sold twice: first on 27 November 2019 for AED 1,621,820, last on 13 October 2022 for AED 2,280,000 (AED 760 per sqft).
- Rented since January 2020 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 57,200 a year (AED 19.07 per sqft).
Source: Dubai Land Department. Updated 13 October 2022.
Questions about 402, The Polo Residences E5
What did unit 402 last sell for?
AED 2,280,000 on 13 October 2022: AED 760 per sqft for 3,000 sqft. The unit has 2 registered sales; the first was AED 1,621,820 in November 2019.
What is the rent for unit 402?
AED 115,000 a year on the contract signed on 25 January 2020.
How big is unit 402?
3,000 sqft (278.7 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.
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Mortgage on 402, The Polo Residences E5
Starts from the last sale price (AED 2.28M, 13 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,280,000
- Deposit, UAE resident (20%)
- AED 456,000
- Deposit, non-resident (40%)
- AED 912,000
- Monthly over 25 years at 3.7%
- AED 9,328
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →