2-bed · 1,916 sqftSherlock Circus 3, Uptown Motorcity · 4th floor

407, Sherlock Circus 3

Sold prices and rental history: sold once, by the developer in June 2009, and rented 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 20 August 2022
Last soldAED 1.49M9 June 2009
Current rentAED 80K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Sherlock Circus 3

What is 407 worth today?

Last sold for AED 1,485,000 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 42 per sqft
20 Aug 2017RentedNew contract
AED 114,000/yr12 months · AED 59 per sqft
20 Aug 2014RentedNew contract
AED 105,000/yr12 months · AED 55 per sqft
9 Jun 2009Sold by developerReady
AED 1,485,000AED 775 per sqft

Source: Dubai Land Department. Updated 20 August 2022.

Key facts

Type
2-bed apartment
Size
1,916 sqft
Floor
4th of 5
Parking
S132-S133
Service charge
AED 22,800 /yr
Last sold
AED 1.49M · June 2009

About 407, Sherlock Circus 3

407 is a two-bedroom apartment of 1,916 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 1,485,000, or AED 775 per sqft, in line with the AED 775 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 20 August 2022, is AED 80,000 a year: a gross yield of 5.4% on the 2009 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 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 1,485,000 (AED 775 per sqft)

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

Rents
Unit 407, 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, August 2014: AED 105,000 a yearNew contract, August 2017: AED 114,000 a yearNew contract, August 2022: AED 80,000 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 407 sits

All 34 2-beds →

407 last sold in June 2009 at AED 775 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. 407's AED 80,000 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
4012-bedAED 1.48M · Dec 2024
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

407, Sherlock Circus 3 in numbers

  • Sold once: by the developer on 9 June 2009 for AED 1,485,000, or AED 775 per sqft.
  • Rented since August 2014 on 3 Ejari contracts, from AED 105,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 5.4%, before a service charge of about AED 22,800 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 20 August 2022.

Questions about 407, Sherlock Circus 3

What did unit 407 last sell for?

AED 1,485,000 on 9 June 2009, sold by the developer: AED 775 per sqft for 1,916 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 80,000 a year on the contract signed on 20 August 2022. The previous contract, from August 2017, was AED 114,000; the unit has been rented since August 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 3 sold for AED 1,400,000 to 1,550,000 in the last 12 months, around AED 885 per sqft.

Selling 407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 407, Sherlock Circus 3

Starts from the last sale price (AED 1.49M, 9 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,485,000
Deposit, UAE resident (20%)
AED 297,000
Deposit, non-resident (40%)
AED 594,000
Monthly over 25 years at 3.7%
AED 6,076

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