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

405, Sherlock Circus 3

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 1.39M27 September 2023
Current rentAED 83K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Sherlock Circus 3

What is 405 worth today?

Last sold for AED 1,390,000 in 2023

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27 Sep 2023SoldReady
AED 1,390,000AED 861 per sqft
1 Sep 2022RentedRenewal
AED 82,500/yr12 months · AED 51 per sqft
1 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
20 Jul 2020RentedNew contract
AED 75,149/yr13 months · AED 47 per sqft
3 Mar 2016RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
3 Feb 2016RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
25 Nov 2015RentedNew contract
AED 68,571/yr14 months · AED 42 per sqft
1 Oct 2014RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
2-bed apartment
Size
1,614 sqft
Floor
4th of 5
Parking
S137-S138
Service charge
AED 19,200 /yr
Last sold
AED 1.39M · September 2023

About 405, Sherlock Circus 3

405 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 September 2023 for AED 1,390,000, or AED 861 per sqft, 14% above the AED 757 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 82,500 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 19,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, January 2010: AED 1,192,250 (AED 738 per sqft)Sold, August 2014: AED 1,685,000 (AED 1,043 per sqft)Sold, September 2023: AED 1,390,000 (AED 861 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, 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, October 2014: AED 110,000 a yearNew contract, November 2015: AED 68,571 a yearNew contract, February 2016: AED 80,000 a yearNew contract, March 2016: AED 80,000 a yearNew contract, July 2020: AED 75,149 a yearRenewal, September 2021: AED 75,000 a yearRenewal, September 2022: AED 82,500 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 405 sits

All 34 2-beds →

405 last sold in September 2023 at AED 861 per sqft, 14% above what two-beds in Sherlock Circus 3 were fetching at the time (AED 757). 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. 405's AED 82,500 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
4012-bedAED 1.48M · Dec 2024
4022-bedAED 493K · Oct 2022
4033-bedAED 1.5M · Jul 2013
4042-bedAED 1.23M · Jun 2009
4062-bedAED 1.05M · Oct 2009
4072-bedAED 1.49M · Jun 2009

405, Sherlock Circus 3 in numbers

  • Sold 3 times: first on 19 January 2010 for AED 1,192,250, last on 27 September 2023 for AED 1,390,000 (AED 861 per sqft).
  • Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 68,571 in 2015 and recovered to AED 82,500 by September 2022.
  • At AED 82,500 a year the gross yield on the 2023 price is 5.9%, 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 September 2023.

Questions about 405, Sherlock Circus 3

What did unit 405 last sell for?

AED 1,390,000 on 27 September 2023: AED 861 per sqft for 1,614 sqft. The unit has 3 registered sales; the first was AED 1,192,250 in January 2010.

What is the rent for unit 405?

AED 82,500 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 75,000; the unit has been rented since October 2014.

How big is unit 405?

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

What is unit 405 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 405, Sherlock Circus 3

Starts from the last sale price (AED 1.39M, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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