2-bed · 1,557 sqftSherlock Circus 2, Uptown Motorcity · 4th floor

402, Sherlock Circus 2

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 1.4M5 December 2024
Current rentAED 88K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Sherlock Circus 2

What is 402 worth today?

Last sold for AED 1,400,000 in 2024

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5 Dec 2024SoldReady
AED 1,400,000AED 899 per sqft
1 Nov 2024RentedNew contract
AED 88,000/yr12 months · AED 56 per sqft
1 Nov 2024RentedRenewal
AED 88,000/yr12 months · AED 57 per sqft
1 Nov 2023RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
1 Nov 2022RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
27 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
27 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
20 Nov 2016RentedRenewal
AED 86,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
2-bed apartment
Size
1,557 sqft
Floor
4th of 5
Parking
S161-S162
Service charge
AED 18,500 /yr
Last sold
AED 1.4M · December 2024

About 402, Sherlock Circus 2

402 is a two-bedroom apartment of 1,557 sqft on the 4th floor of Sherlock Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 5 December 2024 for AED 1,400,000, or AED 899 per sqft, in line with the AED 877 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 November 2024, is AED 88,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, June 2009: AED 1,230,000 (AED 789 per sqft)Sold, December 2024: AED 1,400,000 (AED 899 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 Sherlock Circus 2
50K100K2012201620202024Typical 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, November 2013: AED 75,000 a yearNew contract, November 2014: AED 83,000 a yearRenewal, November 2015: AED 86,000 a yearRenewal, November 2016: AED 86,000 a yearNew contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 60,000 a yearNew contract, November 2022: AED 75,000 a yearRenewal, November 2023: AED 80,000 a yearNew contract, November 2024: AED 88,000 a yearRenewal, November 2024: AED 88,000 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 402 sits

All 33 2-beds →

402 last sold in December 2024 at AED 899 per sqft, in line with what two-beds in Sherlock Circus 2 were fetching at the time (AED 877). 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. 402's AED 88,000 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 4th floor

All 41 units in Sherlock Circus 2
Value
4012-bedAED 1.18M · Jun 2019
4033-bedAED 825K · Nov 2012
4042-bedAED 1.5M · Jun 2025
4052-bedAED 1.4M · Jun 2024
4062-bedAED 1.49M · Jun 2009
4072-bedAED 1.6M · Mar 2024

402, Sherlock Circus 2 in numbers

  • Sold twice: first on 8 June 2009 for AED 1,230,000, last on 5 December 2024 for AED 1,400,000 (AED 899 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2020 and recovered to AED 88,000 by November 2024.
  • At AED 88,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 18,500 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 5 December 2024.

Questions about 402, Sherlock Circus 2

What did unit 402 last sell for?

AED 1,400,000 on 5 December 2024: AED 899 per sqft for 1,557 sqft. The unit has 2 registered sales; the first was AED 1,230,000 in June 2009.

What is the rent for unit 402?

AED 88,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2024, was AED 88,000; the unit has been rented since November 2013.

How big is unit 402?

1,557 sqft (144.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 402 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 402, Sherlock Circus 2

Starts from the last sale price (AED 1.4M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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