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2-bed · 1,915 sqftSherlock Circus 2, Uptown Motorcity · 3rd floor

306, Sherlock Circus 2

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 19 November 2020
Last soldAED 943K19 November 2020
Current rentAED 95K /yr16 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Sherlock Circus 2

What is 306 worth today?

Last sold for AED 942,500 in 2020

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19 Nov 2020SoldReady
AED 942,500AED 492 per sqft
16 Jun 2019RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
16 Jun 2018RentedRenewal
AED 122,500/yr12 months · AED 64 per sqft
16 Jun 2017RentedNew contract
AED 122,500/yr12 months · AED 64 per sqft
1 Jul 2015RentedNew contract
AED 125,000/yr12 months · AED 65 per sqft
1 Jul 2014RentedNew contract
AED 122,500/yr12 months · AED 64 per sqft
1 Jul 2013RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
24 Nov 2009Sold by developerReady
AED 1,480,000AED 772 per sqft

Source: Dubai Land Department. Updated 19 November 2020.

Key facts

Type
2-bed apartment
Size
1,915 sqft
Floor
3rd of 5
Parking
S246-S247
Service charge
AED 22,800 /yr
Last sold
AED 943K · November 2020
Building
Sherlock Circus 2

About 306, Sherlock Circus 2

306 is a two-bedroom apartment of 1,915 sqft on the 3rd floor of Sherlock Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 19 November 2020 for AED 942,500, or AED 492 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 16 June 2019, is AED 95,000 a year: a gross yield of 10.1% on the 2020 price, before the service charge of about AED 22,800 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, November 2009: AED 1,480,000 (AED 772 per sqft)Sold, November 2020: AED 942,500 (AED 492 per sqft)

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

Rents
Unit 306, 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, July 2013: AED 115,000 a yearNew contract, July 2014: AED 122,500 a yearNew contract, July 2015: AED 125,000 a yearNew contract, June 2017: AED 122,500 a yearRenewal, June 2018: AED 122,500 a yearNew contract, June 2019: AED 95,000 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 306 sits

All 33 2-beds →

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. 306's AED 95,000 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 3rd floor

All 41 units in Sherlock Circus 2
Value
3012-bedAED 978K · Oct 2022
3022-bedAED 970K · Nov 2009
3033-bedAED 1.66M · Mar 2010
3042-bedAED 1.44M · Jul 2017
3052-bedAED 1.6M · Feb 2016
3072-bedAED 1.48M · Sep 2009

306, Sherlock Circus 2 in numbers

  • Sold twice: first on 24 November 2009 for AED 1,480,000, last on 19 November 2020 for AED 942,500 (AED 492 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 115,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2020 price is 10.1%, 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 19 November 2020.

Questions about 306, Sherlock Circus 2

What did unit 306 last sell for?

AED 942,500 on 19 November 2020: AED 492 per sqft for 1,915 sqft. The unit has 2 registered sales; the first was AED 1,480,000 in November 2009.

What is the rent for unit 306?

AED 95,000 a year on the contract signed on 16 June 2019. The previous contract, from June 2018, was AED 122,500; the unit has been rented since July 2013.

How big is unit 306?

1,915 sqft (177.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 306 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 306, Sherlock Circus 2

Starts from the last sale price (AED 943K, 19 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 942,500
Deposit, UAE resident (20%)
AED 188,500
Deposit, non-resident (40%)
AED 377,000
Monthly over 25 years at 3.7%
AED 3,856

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