2-bed · 2,359 sqftThe Polo Residences E1, Meydan City · 4th floor · completed 2017

402, The Polo Residences E1

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 2.34M3 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, The Polo Residences E1

What is 402 worth today?

Last sold for AED 2,340,000 in 2023

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3 May 2023SoldReady
AED 2,340,000AED 991 per sqft
27 Nov 2019Sold by developerReady
AED 1,327,712AED 562 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2023.

Key facts

Type
2-bed apartment
Size
2,359 sqft
Floor
4th of 4
Parking
G-15
Developer
IGO Property Development
Completed
2017
Service charge
AED 39,200 /yr
Last sold
AED 2.34M · May 2023

About 402, The Polo Residences E1

402 is a two-bedroom apartment of 2,359 sqft on the 4th floor of The Polo Residences E1, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 3 May 2023 for AED 2,340,000, or AED 991 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in The Polo Residences E1
1M2M2014201720202023Typical sale price by year: 2014 AED 1,639,375; 2018 AED 800,000; 2023 AED 2,000,000; 2024 AED 2,400,000Sold by developer, November 2019: AED 1,327,712 (AED 562 per sqft)Sold, May 2023: AED 2,340,000 (AED 991 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in The Polo Residences E1
80K100K2017201920212023Typical rent by year: 2017 AED 114,000; 2018 AED 110,769; 2019 AED 100,000; 2020 AED 89,880; 2021 AED 85,000; 2022 AED 85,000; 2023 AED 93,992

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 E1, and where 402 sits

All 15 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 20252,582,317
24 Mar 20252,400,000
28 Nov 20242,400,000
13 Nov 20242,800,000
0 2-bed sales in the last 12 months

The Polo Residences E1

Building

31 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 1,718
Typical sale
AED 1.55M
Typical rent
AED 170K /yr
Typical yield
6.4%
The Polo Residences E1, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 31 units in The Polo Residences E1
Value
4012-bedAED 2.8M · Nov 2024
4032-bedAED 2.06M · Dec 2017
4042-bedAED 2.22M · Mar 2023

402, The Polo Residences E1 in numbers

  • Sold twice: first on 27 November 2019 for AED 1,327,712, last on 3 May 2023 for AED 2,340,000 (AED 991 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2023.

Questions about 402, The Polo Residences E1

What did unit 402 last sell for?

AED 2,340,000 on 3 May 2023: AED 991 per sqft for 2,359 sqft. The unit has 2 registered sales; the first was AED 1,327,712 in November 2019.

How big is unit 402?

2,359 sqft (219.2 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 E1

Starts from the last sale price (AED 2.34M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,340,000
Deposit, UAE resident (20%)
AED 468,000
Deposit, non-resident (40%)
AED 936,000
Monthly over 25 years at 3.7%
AED 9,574

Plus AED 103,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →