2-bed · 1,614 sqftSherlock Circus 3, Uptown Motorcity · 4th floor

401, Sherlock Circus 3

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

Unit 401 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 1.48M27 December 2024
Current rentAED 85K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Sherlock Circus 3

What is 401 worth today?

Last sold for AED 1,475,000 in 2024

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27 Dec 2024SoldReady
AED 1,475,000AED 913 per sqft
20 Dec 2023RentedRenewal
AED 85,000/yr12 months · AED 53 per sqft
20 Dec 2022RentedRenewal
AED 73,000/yr12 months · AED 45 per sqft
20 Dec 2021RentedRenewal
AED 65,000/yr12 months · AED 40 per sqft
20 Dec 2020RentedRenewal
AED 65,000/yr12 months · AED 40 per sqft
20 Dec 2019RentedRenewal
AED 71,000/yr12 months · AED 44 per sqft
20 Dec 2018RentedNew contract
AED 88,000/yr12 months · AED 55 per sqft
12 Dec 2017RentedRenewal
AED 118,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
2-bed apartment
Size
1,614 sqft
Floor
4th of 5
Parking
S135-S136
Service charge
AED 19,200 /yr
Last sold
AED 1.48M · December 2024

About 401, Sherlock Circus 3

401 is a two-bedroom apartment of 1,614 sqft on the 4th floor of Sherlock Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 27 December 2024 for AED 1,475,000, or AED 913 per sqft, 5% above the AED 870 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 85,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 19,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Sherlock Circus 3
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,213,500; 2010 AED 1,207,000; 2012 AED 840,000; 2013 AED 1,160,000; 2014 AED 1,650,000; 2021 AED 980,000; 2023 AED 1,390,000; 2024 AED 1,337,500; 2025 AED 1,667,500Sold by developer, October 2009: AED 627,500 (AED 388 per sqft)Sold, December 2024: AED 1,475,000 (AED 913 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Sherlock Circus 3
75K100K125K2012201620202024Typical rent by year: 2012 AED 74,000; 2013 AED 87,500; 2014 AED 105,000; 2015 AED 105,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 88,750; 2020 AED 72,000; 2021 AED 70,000; 2022 AED 78,000; 2023 AED 85,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 110,000New contract, November 2014: AED 120,000 a yearNew contract, August 2015: AED 120,000 a yearNew contract, December 2016: AED 118,000 a yearRenewal, December 2017: AED 118,000 a yearNew contract, December 2018: AED 88,000 a yearRenewal, December 2019: AED 71,000 a yearRenewal, December 2020: AED 65,000 a yearRenewal, December 2021: AED 65,000 a yearRenewal, December 2022: AED 73,000 a yearRenewal, December 2023: AED 85,000 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 3, and where 401 sits

All 34 2-beds →

401 last sold in December 2024 at AED 913 per sqft, 5% above what two-beds in Sherlock Circus 3 were fetching at the time (AED 870). Over the last 12 months two-beds sold for AED 1,400,000 to 1,550,000, around AED 885 per sqft, and rent for AED 92,980 to 140,000 a year. 401's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Apr 20261,550,000
6 Feb 20261,400,000
3 Oct 20251,650,000
19 Aug 20251,600,000
2 2-bed sales in the last 12 months

Sherlock Circus 3

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 885
Typical sale
AED 1.48M
Typical rent
AED 115K /yr
Typical yield
7.8%
Sherlock Circus 3, Uptown Motorcity: prices, sales and rents →

Other units on the 4th floor

All 41 units in Sherlock Circus 3
Value
4022-bedAED 493K · Oct 2022
4033-bedAED 1.5M · Jul 2013
4042-bedAED 1.23M · Jun 2009
4052-bedAED 1.39M · Sep 2023
4062-bedAED 1.05M · Oct 2009
4072-bedAED 1.49M · Jun 2009

401, Sherlock Circus 3 in numbers

  • Sold twice: first on 21 October 2009 for AED 627,500, last on 27 December 2024 for AED 1,475,000 (AED 913 per sqft).
  • Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2021 and recovered to AED 85,000 by December 2023.
  • At AED 85,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 19,200 a year (AED 11.90 per sqft).
  • Two-beds in Sherlock Circus 3 sold for AED 1,400,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 885 per sqft.

Source: Dubai Land Department. Updated 27 December 2024.

Questions about 401, Sherlock Circus 3

What did unit 401 last sell for?

AED 1,475,000 on 27 December 2024: AED 913 per sqft for 1,614 sqft. The unit has 2 registered sales; the first was AED 627,500 in October 2009.

What is the rent for unit 401?

AED 85,000 a year on the contract renewed on 20 December 2023. The previous contract, from December 2022, was AED 73,000; the unit has been rented since November 2014.

How big is unit 401?

1,614 sqft (149.9 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 401 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 3 sold for AED 1,400,000 to 1,550,000 in the last 12 months, around AED 885 per sqft.

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Mortgage on 401, Sherlock Circus 3

Starts from the last sale price (AED 1.48M, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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