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1-bed · 883 sqftSherlock Circus 1, Uptown Motorcity · 4th floor

407, Sherlock Circus 1

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 706K10 June 2009
Current rentAED 48K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Sherlock Circus 1

What is 407 worth today?

Last sold for AED 706,000 in 2009

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20 May 2024RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
1 Sep 2023RentedRenewal
AED 37,400/yr12 months · AED 42 per sqft
1 Sep 2022RentedNew contract
AED 34,000/yr12 months · AED 39 per sqft
10 Jun 2009Sold by developerReady
AED 706,000AED 799 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
4th of 5
Parking
S60
Service charge
AED 13,900 /yr
Last sold
AED 706K · June 2009
Building
Sherlock Circus 1

About 407, Sherlock Circus 1

407 is a one-bedroom apartment of 883 sqft on the 4th floor of Sherlock Circus 1, a 5-storey tower in Uptown Motorcity. The developer sold it on 10 June 2009 for AED 706,000, or AED 799 per sqft, in line with the AED 789 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 20 May 2024, is AED 48,000 a year: a gross yield of 6.8% on the 2009 price, before the service charge of about AED 13,900 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Sherlock Circus 1
500K1M2009201420192024Typical sale price by year: 2009 AED 587,500; 2010 AED 493,000; 2011 AED 357,500; 2012 AED 420,000; 2013 AED 655,300; 2014 AED 1,050,000; 2015 AED 976,000; 2016 AED 720,231; 2017 AED 960,000; 2019 AED 710,000; 2020 AED 490,000; 2021 AED 400,000; 2023 AED 600,000; 2024 AED 580,000; 2025 AED 920,000; 2026 AED 970,000Sold by developer, June 2009: AED 706,000 (AED 799 per sqft)

407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Sherlock Circus 1
40K60K2012201620202024Typical rent by year: 2012 AED 36,900; 2013 AED 48,939; 2014 AED 59,000; 2015 AED 60,000; 2016 AED 62,250; 2017 AED 62,500; 2018 AED 57,000; 2019 AED 50,000; 2020 AED 37,898; 2021 AED 37,000; 2022 AED 40,650; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 55,500; 2026 AED 56,750New contract, September 2022: AED 34,000 a yearRenewal, September 2023: AED 37,400 a yearNew contract, May 2024: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sherlock Circus 1, and where 407 sits

All 65 1-beds →

407 last sold in June 2009 at AED 799 per sqft, in line with what one-beds in Sherlock Circus 1 were fetching at the time (AED 789). Over the last 12 months one-beds sold for AED 970,000 to 1,025,000, around AED 921 per sqft, and rent for AED 37,500 to 80,000 a year. 407's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 2026970,000
20 May 2026970,000
6 May 20261,025,000
23 Oct 20251,050,000
3 1-bed sales in the last 12 months

Sherlock Circus 1

Building

77 apartments, studios to 1-bed over 5 floors in Uptown Motorcity. 9 sold in the last 12 months.

Typical price per sqft
AED 973
Typical sale
AED 650K
Typical rent
AED 54K /yr
Typical yield
7.3%
Sherlock Circus 1, Uptown Motorcity: prices, sales and rents →

Other units on the 4th floor

All 77 units in Sherlock Circus 1
Value
401StudioAED 825K · Dec 2025
4021-bedAED 927K · Jun 2009
4031-bedAED 880K · Jun 2009
4041-bedAED 920K · May 2018
4051-bedAED 1M · Aug 2016
4061-bedAED 795K · May 2013
4081-bedAED 625K · Mar 2017
1–7 of 12

407, Sherlock Circus 1 in numbers

  • Sold once: by the developer on 10 June 2009 for AED 706,000, or AED 799 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 34,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2009 price is 6.8%, before a service charge of about AED 13,900 a year (AED 15.71 per sqft).
  • One-beds in Sherlock Circus 1 sold for AED 970,000–1,025,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 20 May 2024.

Questions about 407, Sherlock Circus 1

What did unit 407 last sell for?

AED 706,000 on 10 June 2009, sold by the developer: AED 799 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 48,000 a year on the contract signed on 20 May 2024. The previous contract, from September 2023, was AED 37,400; the unit has been rented since September 2022.

How big is unit 407?

883 sqft (82.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherlock Circus 1 sold for AED 970,000 to 1,025,000 in the last 12 months, around AED 921 per sqft.

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Mortgage on 407, Sherlock Circus 1

Starts from the last sale price (AED 706K, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 706,000
Deposit, UAE resident (20%)
AED 141,200
Deposit, non-resident (40%)
AED 282,400
Monthly over 25 years at 3.7%
AED 2,888

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →