2-bed · 1,915 sqftSherlock Circus 2, Uptown Motorcity · 1st floor

107, Sherlock Circus 2

Sold prices and rental history: sold 3 times, last in January 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 21 January 2016
Last soldAED 1.61M21 January 2016
Current rentAED 115K /yr16 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Sherlock Circus 2

What is 107 worth today?

Last sold for AED 1,610,000 in 2016

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21 Jan 2016SoldReady
AED 1,610,000AED 840 per sqft
16 Nov 2014RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
24 Nov 2013SoldReady
AED 1,650,000AED 861 per sqft
15 Nov 2013RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
24 Jan 2013RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
27 Dec 2011Sold by developerReady
AED 1,470,000AED 767 per sqft

Source: Dubai Land Department. Updated 21 January 2016.

Key facts

Type
2-bed apartment
Size
1,915 sqft
Floor
1st of 5
Parking
S96-S97
Service charge
AED 22,800 /yr
Last sold
AED 1.61M · January 2016

About 107, Sherlock Circus 2

107 is a two-bedroom apartment of 1,915 sqft on the 1st floor of Sherlock Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 21 January 2016 for AED 1,610,000, or AED 840 per sqft, in line with the AED 840 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 16 November 2014, is AED 115,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 22,800 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Sherlock Circus 2
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,227,500; 2010 AED 1,161,000; 2011 AED 1,335,000; 2013 AED 1,450,000; 2015 AED 1,251,678; 2016 AED 1,554,000; 2017 AED 1,300,000; 2022 AED 938,915; 2024 AED 1,425,000; 2025 AED 1,457,500Sold by developer, December 2011: AED 1,470,000 (AED 767 per sqft)Sold, November 2013: AED 1,650,000 (AED 861 per sqft)Sold, January 2016: AED 1,610,000 (AED 840 per sqft)

107 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 107, each contractTypical two-bed in Sherlock Circus 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 91,500; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 120,000; 2017 AED 117,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,950; 2024 AED 96,000; 2025 AED 115,500; 2026 AED 117,750New contract, January 2013: AED 95,000 a yearNew contract, November 2013: AED 115,000 a yearNew contract, November 2014: AED 115,000 a year

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

2-beds in Sherlock Circus 2, and where 107 sits

All 33 2-beds →

107 last sold in January 2016 at AED 840 per sqft, in line with what two-beds in Sherlock Circus 2 were fetching at the time (AED 840). Over the last 12 months two-beds sold for AED 1,600,000 to 1,775,000, around AED 977 per sqft, and rent for AED 55,000 to 135,000 a year. 107's AED 115,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,775,000
5 Mar 20261,600,000
16 Jun 20251,500,000
23 Apr 20251,415,000
2 2-bed sales in the last 12 months

Sherlock Circus 2

Building

41 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 2 sold in the last 12 months.

Typical price per sqft
AED 977
Typical sale
AED 1.69M
Typical rent
AED 120K /yr
Typical yield
7.7%
Sherlock Circus 2, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 41 units in Sherlock Circus 2
Value
1012-bedAED 900K · Jun 2022
1022-bedAED 600K · Aug 2012
1033-bedAED 1.75M · Sep 2017
1042-bedAED 980K · Oct 2009
1052-bedAED 1.22M · Jun 2009
1062-bedAED 910K · Nov 2020

107, Sherlock Circus 2 in numbers

  • Sold 3 times: first on 27 December 2011 for AED 1,470,000, last on 21 January 2016 for AED 1,610,000 (AED 840 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 95,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 22,800 a year (AED 11.90 per sqft).
  • Two-beds in Sherlock Circus 2 sold for AED 1,600,000–1,775,000 in the 12 months to November 2026; the building's median across all types is AED 977 per sqft.

Source: Dubai Land Department. Updated 21 January 2016.

Questions about 107, Sherlock Circus 2

What did unit 107 last sell for?

AED 1,610,000 on 21 January 2016: AED 840 per sqft for 1,915 sqft. The unit has 3 registered sales; the first was AED 1,470,000 in December 2011.

What is the rent for unit 107?

AED 115,000 a year on the contract signed on 16 November 2014. The previous contract, from November 2013, was AED 115,000; the unit has been rented since January 2013.

How big is unit 107?

1,915 sqft (177.9 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherlock Circus 2 sold for AED 1,600,000 to 1,775,000 in the last 12 months, around AED 977 per sqft.

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Mortgage on 107, Sherlock Circus 2

Starts from the last sale price (AED 1.61M, 21 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,000
Deposit, UAE resident (20%)
AED 322,000
Deposit, non-resident (40%)
AED 644,000
Monthly over 25 years at 3.7%
AED 6,587

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