403, The Polo Residences C5
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, The Polo Residences C5
What is 403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,628 sqft
- Floor
- 4th of 4
- Parking
- G-02
- Developer
- IGO Property Development
- Completed
- 2017
- Service charge
- AED 38,100 /yr
- Last sold
- AED 2.82M · February 2024
- Building
- The Polo Residences C5
About 403, The Polo Residences C5
403 is a two-bedroom apartment of 2,628 sqft on the 4th floor of The Polo Residences C5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 29 February 2024 for AED 2,823,000, or AED 1,074 per sqft, 18% below the AED 1,315 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 132,825 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 38,100 a year.
Sales and rents for 403 over time
403 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 C5, and where 403 sits
All 14 2-beds →403 last sold in February 2024 at AED 1,074 per sqft, 18% below what two-beds in The Polo Residences C5 were fetching at the time (AED 1,315).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jun 20245 June 2024 | 2,635 sqft | 2,600,000 | 986 | ||
| 4 Jun 20244 June 2024 | 1,535 sqft | 2,193,240 | 1,429 | ||
| 10 May 202410 May 2024 | 1,534 sqft | 1,944,320 | 1,267 | ||
| 25 Apr 202425 April 2024 | 1,534 sqft | 2,164,000 | 1,410 |
The Polo Residences C5
Building31 apartments, 1-bed to 2-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 97K /yr
- Typical yield
Other units on the 4th floor
All 31 units in The Polo Residences C5403, The Polo Residences C5 in numbers
- Sold twice: first on 9 March 2017 for AED 2,478,561, last on 29 February 2024 for AED 2,823,000 (AED 1,074 per sqft).
- Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 115,000 in 2021 and recovered to AED 132,825 by December 2023.
- At AED 132,825 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 38,100 a year (AED 14.49 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 29 February 2024.
Questions about 403, The Polo Residences C5
What did unit 403 last sell for?
AED 2,823,000 on 29 February 2024: AED 1,074 per sqft for 2,628 sqft. The unit has 2 registered sales; the first was AED 2,478,561 in March 2017.
What is the rent for unit 403?
AED 132,825 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 120,750; the unit has been rented since January 2018.
How big is unit 403?
2,628 sqft (244.1 sqm): a two-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 C5
Starts from the last sale price (AED 2.82M, 29 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,823,000
- Deposit, UAE resident (20%)
- AED 564,600
- Deposit, non-resident (40%)
- AED 1,129,200
- Monthly over 25 years at 3.7%
- AED 11,550
Plus AED 123,576 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →