2-bed · 1,557 sqftSherlock Circus 3, Uptown Motorcity · 4th floor

404, Sherlock Circus 3

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.23M9 June 2009
Current rentAED 100K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Sherlock Circus 3

What is 404 worth today?

Last sold for AED 1,230,000 in 2009

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1 Aug 2024RentedRenewal
AED 99,750/yr12 months · AED 64 per sqft
1 May 2023RentedNew contract
AED 95,000/yr15 months · AED 61 per sqft
20 Apr 2022RentedRenewal
AED 75,900/yr12 months · AED 49 per sqft
20 Apr 2021RentedRenewal
AED 66,000/yr12 months · AED 42 per sqft
20 Apr 2020RentedNew contract
AED 66,000/yr12 months · AED 42 per sqft
1 Apr 2019RentedNew contract
AED 74,792/yr12 months · AED 48 per sqft
15 Dec 2017RentedRenewal
AED 100,000/yr12 months · AED 64 per sqft
15 Dec 2016RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,557 sqft
Floor
4th of 5
Parking
S139-S213
Service charge
AED 18,500 /yr
Last sold
AED 1.23M · June 2009

About 404, Sherlock Circus 3

404 is a two-bedroom apartment of 1,557 sqft on the 4th floor of Sherlock Circus 3, a 5-storey tower in Uptown Motorcity. The developer sold it on 9 June 2009 for AED 1,230,000, or AED 789 per sqft, in line with the AED 775 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 August 2024, is AED 99,750 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 18,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Sherlock Circus 3
1M1.5M2009201420192024Typical 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, June 2009: AED 1,230,000 (AED 789 per sqft)

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

Rents
Unit 404, 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, December 2013: AED 100,000 a yearNew contract, December 2015: AED 100,000 a yearNew contract, December 2016: AED 100,000 a yearRenewal, December 2017: AED 100,000 a yearNew contract, April 2019: AED 74,792 a yearNew contract, April 2020: AED 66,000 a yearRenewal, April 2021: AED 66,000 a yearRenewal, April 2022: AED 75,900 a yearNew contract, May 2023: AED 95,000 a yearRenewal, August 2024: AED 99,750 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 404 sits

All 34 2-beds →

404 last sold in June 2009 at AED 789 per sqft, in line with what two-beds in Sherlock Circus 3 were fetching at the time (AED 775). 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. 404's AED 99,750 is in the lower half 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
4012-bedAED 1.48M · Dec 2024
4022-bedAED 493K · Oct 2022
4033-bedAED 1.5M · Jul 2013
4052-bedAED 1.39M · Sep 2023
4062-bedAED 1.05M · Oct 2009
4072-bedAED 1.49M · Jun 2009

404, Sherlock Circus 3 in numbers

  • Sold once: by the developer on 9 June 2009 for AED 1,230,000, or AED 789 per sqft.
  • Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 66,000 in 2021 and recovered to AED 99,750 by August 2024.
  • At AED 99,750 a year the gross yield on the 2009 price is 8.1%, before a service charge of about AED 18,500 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 1 August 2024.

Questions about 404, Sherlock Circus 3

What did unit 404 last sell for?

AED 1,230,000 on 9 June 2009, sold by the developer: AED 789 per sqft for 1,557 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 99,750 a year on the contract renewed on 1 August 2024. The previous contract, from May 2023, was AED 95,000; the unit has been rented since December 2013.

How big is unit 404?

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

What is unit 404 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 404, Sherlock Circus 3

Starts from the last sale price (AED 1.23M, 9 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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