401, The Polo Residences A2
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Polo Residences A2
What is 401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,220 sqft
- Floor
- 4th of 4
- Parking
- G-04
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 34,800 /yr
- Last sold
- AED 2.33M · August 2017
- Building
- The Polo Residences A2
About 401, The Polo Residences A2
401 is a two-bedroom apartment of 2,220 sqft on the 4th floor of The Polo Residences A2, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 8 August 2017 for AED 2,334,558, or AED 1,051 per sqft, 12% below the AED 1,193 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 112,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 34,800 a year.
Sales and rents for 401 over time
401 has sold once; 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 A2, and where 401 sits
All 14 2-beds →401 last sold in August 2017 at AED 1,051 per sqft, 12% below what two-beds in The Polo Residences A2 were fetching at the time (AED 1,193). Over the last 12 months two-beds sold for AED 2,550,000, around AED 1,661 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202517 July 2025 | 1,534 sqft | 2,300,000 | 1,499 | ||
| 10 Jul 202510 July 2025 | 1,535 sqft | 2,180,000 | 1,420 | ||
| 4 Jun 20254 June 2025 | 1,534 sqft | 2,260,000 | 1,473 | ||
| 26 May 202526 May 2025 | 1,494 sqft | 2,450,000 | 1,640 |
The Polo Residences A2
Building31 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,523
- Typical sale
- AED 1.25M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.8%
Other units on the 4th floor
All 31 units in The Polo Residences A2401, The Polo Residences A2 in numbers
- Sold once: by IGO Property Development on 8 August 2017 for AED 2,334,558, or AED 1,051 per sqft.
- Rented since May 2019 on 6 Ejari contracts, from AED 125,000 to AED 112,000 a year.
- At AED 112,000 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 34,800 a year (AED 15.66 per sqft).
- Two-beds in The Polo Residences A2 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 1,523 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.
Questions about 401, The Polo Residences A2
What did unit 401 last sell for?
AED 2,334,558 on 8 August 2017, sold by the developer: AED 1,051 per sqft for 2,220 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 112,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 112,000; the unit has been rented since May 2019.
How big is unit 401?
2,220 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 A2 sold for AED 2,550,000 to 2,550,000 in the last 12 months, around AED 1,661 per sqft.
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Mortgage on 401, The Polo Residences A2
Starts from the last sale price (AED 2.33M, 8 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,334,558
- Deposit, UAE resident (20%)
- AED 466,912
- Deposit, non-resident (40%)
- AED 933,823
- Monthly over 25 years at 3.7%
- AED 9,551
Plus AED 103,061 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →