2-bed · 1,916 sqftSherlock Circus 2, Uptown Motorcity · 4th floor

407, Sherlock Circus 2

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 1.6M25 March 2024
Current rentAED 84K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Sherlock Circus 2

What is 407 worth today?

Last sold for AED 1,600,000 in 2024

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25 Mar 2024SoldReady
AED 1,600,000AED 835 per sqft
5 Nov 2022RentedRenewal
AED 84,000/yr12 months · AED 44 per sqft
5 Nov 2021RentedRenewal
AED 80,000/yr12 months · AED 42 per sqft
5 Oct 2020RentedNew contract
AED 75,000/yr13 months · AED 39 per sqft
1 Feb 2020RentedNew contract
AED 100,000/yr12 months · AED 52 per sqft
1 Feb 2019RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
1 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
21 Jan 2016RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
2-bed apartment
Size
1,916 sqft
Floor
4th of 5
Parking
S153-S154
Service charge
AED 22,800 /yr
Last sold
AED 1.6M · March 2024

About 407, Sherlock Circus 2

407 is a two-bedroom apartment of 1,916 sqft on the 4th floor of Sherlock Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 25 March 2024 for AED 1,600,000, or AED 835 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 5 November 2022, is AED 84,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 22,800 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 742,500 (AED 387 per sqft)Sold, March 2024: AED 1,600,000 (AED 835 per sqft)

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

Rents
Unit 407, 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 2014: AED 120,000 a yearRenewal, January 2015: AED 120,000 a yearRenewal, January 2016: AED 120,000 a yearNew contract, February 2018: AED 115,000 a yearRenewal, February 2019: AED 115,000 a yearNew contract, February 2020: AED 100,000 a yearNew contract, October 2020: AED 75,000 a yearRenewal, November 2021: AED 80,000 a yearRenewal, November 2022: AED 84,000 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 407 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. 407's AED 84,000 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
4022-bedAED 1.4M · Dec 2024
4033-bedAED 825K · Nov 2012
4042-bedAED 1.5M · Jun 2025
4052-bedAED 1.4M · Jun 2024
4062-bedAED 1.49M · Jun 2009

407, Sherlock Circus 2 in numbers

  • Sold twice: first on 29 March 2010 for AED 742,500, last on 25 March 2024 for AED 1,600,000 (AED 835 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 84,000 by November 2022.
  • At AED 84,000 a year the gross yield on the 2024 price is 5.3%, 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 25 March 2024.

Questions about 407, Sherlock Circus 2

What did unit 407 last sell for?

AED 1,600,000 on 25 March 2024: AED 835 per sqft for 1,916 sqft. The unit has 2 registered sales; the first was AED 742,500 in March 2010.

What is the rent for unit 407?

AED 84,000 a year on the contract renewed on 5 November 2022. The previous contract, from November 2021, was AED 80,000; the unit has been rented since January 2014.

How big is unit 407?

1,916 sqft (178.0 sqm): a two-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. 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 407, Sherlock Circus 2

Starts from the last sale price (AED 1.6M, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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