1-bed · 1,027 sqftSherlock Circus 1, Uptown Motorcity · 5th floor

505, Sherlock Circus 1

Sold prices and rental history: sold 3 times, last in November 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 530K23 November 2020
Current rentAED 37K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Sherlock Circus 1

What is 505 worth today?

Last sold for AED 530,000 in 2020

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1 Mar 2021RentedNew contract
AED 37,000/yr12 months · AED 36 per sqft
23 Nov 2020SoldReady
AED 530,000AED 516 per sqft
29 Sep 2015SoldReady
AED 950,000AED 925 per sqft
10 Sep 2014RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
10 Sep 2013RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
10 Jun 2009Sold by developerReady
AED 827,000AED 805 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2021.

Key facts

Type
1-bed apartment
Size
1,027 sqft
Floor
5th of 5
Parking
S51
Service charge
AED 16,100 /yr
Last sold
AED 530K · November 2020

About 505, Sherlock Circus 1

505 is a one-bedroom apartment of 1,027 sqft on the 5th floor of Sherlock Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 23 November 2020 for AED 530,000, or AED 516 per sqft, 5% above the AED 492 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 March 2021, is AED 37,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 16,100 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Sherlock Circus 1
500K1M2009201420192024Typical sale price by year: 2009 AED 536,000; 2010 AED 470,000; 2011 AED 357,500; 2012 AED 420,000; 2013 AED 655,300; 2014 AED 845,700; 2015 AED 988,000; 2016 AED 685,116; 2017 AED 960,000; 2019 AED 710,000; 2020 AED 470,000; 2021 AED 400,000; 2022 AED 395,000; 2023 AED 600,000; 2024 AED 570,000; 2025 AED 638,000Sold by developer, June 2009: AED 827,000 (AED 805 per sqft)Sold, September 2015: AED 950,000 (AED 925 per sqft)Sold, November 2020: AED 530,000 (AED 516 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Sherlock Circus 1
40K60K2012201620202024Typical rent by year: 2012 AED 36,900; 2013 AED 49,000; 2014 AED 58,000; 2015 AED 60,000; 2016 AED 62,250; 2017 AED 60,000; 2018 AED 54,500; 2019 AED 42,000; 2020 AED 35,500; 2021 AED 35,000; 2022 AED 36,685; 2023 AED 42,750; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 52,000New contract, September 2013: AED 65,000 a yearRenewal, September 2014: AED 65,000 a yearNew contract, March 2021: AED 37,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sherlock Circus 1, and where 505 sits

All 71 1-beds →

505 last sold in November 2020 at AED 516 per sqft, 5% above what one-beds in Sherlock Circus 1 were fetching at the time (AED 492). Over the last 12 months one-beds sold for AED 600,000 to 825,000, around AED 937 per sqft, and rent for AED 37,500 to 63,000 a year. 505's AED 37,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 2026650,000
26 Dec 2025600,000
9 Dec 2025825,000
25 Jun 2025965,000
3 1-bed sales in the last 12 months

Sherlock Circus 1

Building

77 apartments, studios to 1-bed over 5 floors in Uptown Motorcity. 3 sold in the last 12 months.

Typical price per sqft
AED 937
Typical sale
AED 650K
Typical rent
AED 51K /yr
Typical yield
8.5%
Sherlock Circus 1, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 77 units in Sherlock Circus 1
Value
5011-bedAED 450K · Sep 2020
5021-bedAED 842K · Jun 2009
5031-bedAED 827K · Jun 2009
5041-bedAED 422K · Sep 2009
5061-bedAED 920K · Jun 2025
5071-bedAED 711K · Jun 2009
5081-bedAED 638K · Mar 2025
1–7 of 12

505, Sherlock Circus 1 in numbers

  • Sold 3 times: first on 10 June 2009 for AED 827,000, last on 23 November 2020 for AED 530,000 (AED 516 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 65,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 16,100 a year (AED 15.71 per sqft).
  • One-beds in Sherlock Circus 1 sold for AED 600,000–825,000 in the 12 months to November 2026; the building's median across all types is AED 937 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2021.

Questions about 505, Sherlock Circus 1

What did unit 505 last sell for?

AED 530,000 on 23 November 2020: AED 516 per sqft for 1,027 sqft. The unit has 3 registered sales; the first was AED 827,000 in June 2009.

What is the rent for unit 505?

AED 37,000 a year on the contract signed on 1 March 2021. The previous contract, from September 2014, was AED 65,000; the unit has been rented since September 2013.

How big is unit 505?

1,027 sqft (95.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherlock Circus 1 sold for AED 600,000 to 825,000 in the last 12 months, around AED 937 per sqft.

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Mortgage on 505, Sherlock Circus 1

Starts from the last sale price (AED 530K, 23 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →