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

401, Sherlock Circus 3

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

Unit 401 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 1.48M27 December 2024
Current rentAED 85K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Sherlock Circus 3

What is 401 worth today?

Last sold for AED 1,475,000 in 2024

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27 Dec 2024SoldReady
AED 1,475,000AED 913 per sqft
20 Dec 2023RentedRenewal
AED 85,000/yr12 months · AED 53 per sqft
20 Dec 2022RentedRenewal
AED 73,000/yr12 months · AED 45 per sqft
20 Dec 2019RentedRenewal
AED 71,000/yr12 months · AED 44 per sqft
12 Dec 2017RentedRenewal
AED 118,000/yr12 months · AED 73 per sqft
12 Dec 2016RentedNew contract
AED 118,000/yr12 months · AED 73 per sqft
1 Aug 2015RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
1 Nov 2014RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 December 2024.

Key facts

Type
2-bed apartment
Size
1,614 sqft
Floor
4th of 5
Parking
S135-S136
Service charge
AED 19,200 /yr
Last sold
AED 1.48M · December 2024

About 401, Sherlock Circus 3

401 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 December 2024 for AED 1,475,000, or AED 913 per sqft, 5% above the AED 870 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 20 December 2023, is AED 85,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 19,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Sherlock Circus 3
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,215,000; 2010 AED 1,207,000; 2012 AED 840,000; 2013 AED 1,100,000; 2014 AED 1,650,000; 2021 AED 980,000; 2023 AED 1,420,000; 2024 AED 1,337,500Sold by developer, October 2009: AED 627,500 (AED 388 per sqft)Sold, December 2024: AED 1,475,000 (AED 913 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Sherlock Circus 3
75K100K125K2012201620202024Typical rent by year: 2012 AED 74,000; 2013 AED 85,000; 2014 AED 105,000; 2015 AED 105,000; 2016 AED 110,000; 2017 AED 110,000; 2018 AED 101,360; 2019 AED 87,500; 2020 AED 70,000; 2021 AED 72,000; 2022 AED 76,950; 2023 AED 85,000; 2024 AED 97,375; 2025 AED 115,000New contract, November 2014: AED 120,000 a yearNew contract, August 2015: AED 120,000 a yearNew contract, December 2016: AED 118,000 a yearRenewal, December 2017: AED 118,000 a yearRenewal, December 2019: AED 71,000 a yearRenewal, December 2022: AED 73,000 a yearRenewal, December 2023: AED 85,000 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 401 sits

All 31 2-beds →

401 last sold in December 2024 at AED 913 per sqft, 5% above what two-beds in Sherlock Circus 3 were fetching at the time (AED 870). Over the last 12 months two-beds sold for AED 1,400,000, around AED 960 per sqft, and rent for AED 125,000 to 125,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,400,000
26 Jun 20251,725,000
7 May 20251,685,000
3 Oct 20241,500,000
1 2-bed sale in the last 12 months

Sherlock Circus 3

Building

41 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 1 sold in the last 12 months.

Typical price per sqft
AED 960
Typical sale
AED 1.4M
Typical rent
AED 125K /yr
Typical yield
8.3%
Sherlock Circus 3, Uptown Motorcity: prices, sales and rents →

Other units on the 4th floor

All 41 units in Sherlock Circus 3
Value
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
4072-bedAED 1.49M · Jun 2009

401, Sherlock Circus 3 in numbers

  • Sold twice: first on 21 October 2009 for AED 627,500, last on 27 December 2024 for AED 1,475,000 (AED 913 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 71,000 in 2019 and recovered to AED 85,000 by December 2023.
  • At AED 85,000 a year the gross yield on the 2024 price is 5.8%, 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 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 960 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 December 2024.

Questions about 401, Sherlock Circus 3

What did unit 401 last sell for?

AED 1,475,000 on 27 December 2024: AED 913 per sqft for 1,614 sqft. The unit has 2 registered sales; the first was AED 627,500 in October 2009.

What is the rent for unit 401?

AED 85,000 a year on the contract renewed on 20 December 2023. The previous contract, from December 2022, was AED 73,000; the unit has been rented since November 2014.

How big is unit 401?

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

What is unit 401 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 1,400,000 in the last 12 months, around AED 960 per sqft.

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Mortgage on 401, Sherlock Circus 3

Starts from the last sale price (AED 1.48M, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

Plus AED 66,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →