2-bed · 1,504 sqftSherlock Circus 2, Uptown Motorcity · 5th floor

501, Sherlock Circus 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.45M22 July 2024
Current rentAED 93K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Sherlock Circus 2

What is 501 worth today?

Last sold for AED 1,450,000 in 2024

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15 Feb 2025RentedNew contract
AED 93,348/yr9 months · AED 62 per sqft
22 Jul 2024SoldReady
AED 1,450,000AED 964 per sqft
15 Feb 2024RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
15 Feb 2022RentedRenewal
AED 75,000/yr12 months · AED 50 per sqft
15 Feb 2021RentedRenewal
AED 70,000/yr12 months · AED 46 per sqft
15 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft
1 Feb 2018RentedRenewal
AED 105,000/yr12 months · AED 70 per sqft
1 Feb 2017RentedNew contract
AED 110,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
2-bed apartment
Size
1,504 sqft
Floor
5th of 5
Parking
S102-S103
Service charge
AED 17,900 /yr
Last sold
AED 1.45M · July 2024

About 501, Sherlock Circus 2

501 is a two-bedroom apartment of 1,504 sqft on the 5th floor of Sherlock Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 22 July 2024 for AED 1,450,000, or AED 964 per sqft, 11% above the AED 867 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 February 2025, is AED 93,348 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Sherlock Circus 2
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,227,500; 2010 AED 1,161,000; 2011 AED 1,335,000; 2013 AED 1,450,000; 2015 AED 1,251,678; 2016 AED 1,554,000; 2017 AED 1,300,000; 2022 AED 938,915; 2024 AED 1,425,000; 2025 AED 1,457,500Sold by developer, May 2011: AED 593,000 (AED 394 per sqft)Sold, January 2017: AED 1,300,000 (AED 864 per sqft)Sold, July 2024: AED 1,450,000 (AED 964 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Sherlock Circus 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 91,500; 2014 AED 100,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 117,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 76,000; 2023 AED 82,950; 2024 AED 96,000; 2025 AED 106,250New contract, September 2014: AED 120,000 a yearNew contract, February 2017: AED 110,000 a yearRenewal, February 2018: AED 105,000 a yearNew contract, February 2020: AED 75,000 a yearRenewal, February 2021: AED 70,000 a yearRenewal, February 2022: AED 75,000 a yearRenewal, February 2024: AED 90,000 a yearNew contract, February 2025: AED 93,348 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 2, and where 501 sits

All 33 2-beds →

501 last sold in July 2024 at AED 964 per sqft, 11% above what two-beds in Sherlock Circus 2 were fetching at the time (AED 867).

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jun 20251,500,000
23 Apr 20251,415,000
10 Feb 20251,525,000
8 Jan 20251,400,000
0 2-bed sales in the last 12 months

Sherlock Circus 2

Building

41 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 125K /yr
Typical yield
Sherlock Circus 2, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 41 units in Sherlock Circus 2
Value
5022-bedAED 1.42M · Apr 2025
5033-bedAED 900K · Sep 2021
5042-bedAED 1.4M · Jan 2025
5052-bedAED 593K · May 2011
5062-bedAED 1.53M · Feb 2025
5072-bedAED 1.34M · Feb 2011

501, Sherlock Circus 2 in numbers

  • Sold 3 times: first on 3 May 2011 for AED 593,000, last on 22 July 2024 for AED 1,450,000 (AED 964 per sqft).
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2021 and recovered to AED 93,348 by February 2025.
  • At AED 93,348 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 17,900 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 15 February 2025.

Questions about 501, Sherlock Circus 2

What did unit 501 last sell for?

AED 1,450,000 on 22 July 2024: AED 964 per sqft for 1,504 sqft. The unit has 3 registered sales; the first was AED 593,000 in May 2011.

What is the rent for unit 501?

AED 93,348 a year on the contract signed on 15 February 2025. The previous contract, from February 2024, was AED 90,000; the unit has been rented since September 2014.

How big is unit 501?

1,504 sqft (139.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 501 worth today?

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Mortgage on 501, Sherlock Circus 2

Starts from the last sale price (AED 1.45M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →