2-bed · 1,568 sqftSherlock Circus 2, Uptown Motorcity · 3rd floor

301, Sherlock Circus 2

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 978K18 October 2022
Current rentAED 77K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Sherlock Circus 2

What is 301 worth today?

Last sold for AED 977,830 in 2022

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1 Jan 2023RentedRenewal
AED 77,000/yr12 months · AED 49 per sqft
18 Oct 2022SoldReady
AED 977,830AED 623 per sqft
1 Jan 2022RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
1 Jan 2021RentedRenewal
AED 68,000/yr12 months · AED 43 per sqft
1 Jan 2020RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
1 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
1 Jan 2018RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
14 Nov 2016RentedRenewal
AED 104,709/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
2-bed apartment
Size
1,568 sqft
Floor
3rd of 5
Parking
S235-S236
Service charge
AED 18,700 /yr
Last sold
AED 978K · October 2022

About 301, Sherlock Circus 2

301 is a two-bedroom apartment of 1,568 sqft on the 3rd floor of Sherlock Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 18 October 2022 for AED 977,830, or AED 623 per sqft, 9% above the AED 573 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 77,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 18,700 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, March 2010: AED 1,225,000 (AED 781 per sqft)Sold, October 2022: AED 977,830 (AED 623 per sqft)

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

Rents
Unit 301, 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, May 2013: AED 100,000 a yearNew contract, November 2014: AED 100,000 a yearRenewal, November 2015: AED 105,000 a yearRenewal, November 2016: AED 104,709 a yearNew contract, January 2018: AED 100,000 a yearRenewal, January 2019: AED 90,000 a yearRenewal, January 2020: AED 78,000 a yearRenewal, January 2021: AED 68,000 a yearNew contract, January 2022: AED 70,000 a yearRenewal, January 2023: AED 77,000 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 301 sits

All 33 2-beds →

301 last sold in October 2022 at AED 623 per sqft, 9% above what two-beds in Sherlock Circus 2 were fetching at the time (AED 573). 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. 301's AED 77,000 is in the lower 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 3rd floor

All 41 units in Sherlock Circus 2
Value
3022-bedAED 970K · Nov 2009
3033-bedAED 1.66M · Mar 2010
3042-bedAED 1.44M · Jul 2017
3052-bedAED 1.6M · Feb 2016
3062-bedAED 943K · Nov 2020
3072-bedAED 1.48M · Sep 2009

301, Sherlock Circus 2 in numbers

  • Sold twice: first on 7 March 2010 for AED 1,225,000, last on 18 October 2022 for AED 977,830 (AED 623 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 68,000 in 2021 and recovered to AED 77,000 by January 2023.
  • At AED 77,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 18,700 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 1 January 2023.

Questions about 301, Sherlock Circus 2

What did unit 301 last sell for?

AED 977,830 on 18 October 2022: AED 623 per sqft for 1,568 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in March 2010.

What is the rent for unit 301?

AED 77,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 70,000; the unit has been rented since May 2013.

How big is unit 301?

1,568 sqft (145.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 301 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 301, Sherlock Circus 2

Starts from the last sale price (AED 978K, 18 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 977,830
Deposit, UAE resident (20%)
AED 195,566
Deposit, non-resident (40%)
AED 391,132
Monthly over 25 years at 3.7%
AED 4,001

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