403, The Polo Residences A3
Sold prices and rental history: sold once, by the developer in October 2014, 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 403, The Polo Residences A3
What is 403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,803 sqft
- Floor
- 4th of 4
- Parking
- G-01,G-02
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 46,000 /yr
- Last sold
- AED 3.34M · October 2014
- Building
- The Polo Residences A3
About 403, The Polo Residences A3
403 is a three-bedroom apartment of 2,803 sqft on the 4th floor of The Polo Residences A3, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 19 October 2014 for AED 3,342,459, or AED 1,192 per sqft, in line with the AED 1,192 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 17 February 2024, is AED 200,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 46,000 a year.
3-beds in The Polo Residences A3, and where 403 sits
All 3 3-beds →403 last sold in October 2014 at AED 1,192 per sqft, in line with what three-beds in The Polo Residences A3 were fetching at the time (AED 1,192).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 201419 October 2014 | 4,124 sqft | 5,120,728 | 1,241 | ||
| 19 Oct 201419 October 2014 | 2,803 sqft | 3,342,459 | 1,192 |
The Polo Residences A3
Building30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 107K /yr
- Typical yield
Other units on the 4th floor
All 30 units in The Polo Residences A3403, The Polo Residences A3 in numbers
- Sold once: by IGO Property Development on 19 October 2014 for AED 3,342,459, or AED 1,192 per sqft.
- Rented since July 2019 on 5 Ejari contracts, from AED 140,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 46,000 a year (AED 16.40 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2024.
Questions about 403, The Polo Residences A3
What did unit 403 last sell for?
AED 3,342,459 on 19 October 2014, sold by the developer: AED 1,192 per sqft for 2,803 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 200,000 a year on the contract renewed on 17 February 2024. The previous contract, from February 2023, was AED 185,000; the unit has been rented since July 2019.
How big is unit 403?
2,803 sqft (260.4 sqm): a three-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.
What is unit 403 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 403, The Polo Residences A3
Starts from the last sale price (AED 3.34M, 19 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,342,459
- Deposit, UAE resident (20%)
- AED 668,492
- Deposit, non-resident (40%)
- AED 1,336,984
- Monthly over 25 years at 3.7%
- AED 13,675
Plus AED 145,393 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →