2-bed · 1,557 sqftSherlock Circus 3, Uptown Motorcity · 4th floor

402, Sherlock Circus 3

Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 493K25 October 2022
Current rentAED 60K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Sherlock Circus 3

What is 402 worth today?

Last sold for AED 492,500 in 2022

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25 Oct 2022SoldReady
AED 492,500AED 316 per sqft
1 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
20 Aug 2019RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
6 Dec 2018SoldReady
AED 1,000,000AED 642 per sqft
25 Nov 2018RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
25 Nov 2017RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
14 Oct 2016RentedRenewal
AED 105,000/yr12 months · AED 67 per sqft
14 Oct 2015RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2022.

Key facts

Type
2-bed apartment
Size
1,557 sqft
Floor
4th of 5
Parking
S134-S210
Service charge
AED 18,500 /yr
Last sold
AED 493K · October 2022

About 402, Sherlock Circus 3

402 is a two-bedroom apartment of 1,557 sqft on the 4th floor of Sherlock Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 25 October 2022 for AED 492,500, or AED 316 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 August 2021, is AED 60,000 a year: a gross yield of 12.2% on the 2022 price, before the service charge of about AED 18,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Sherlock Circus 3
1M20092013201720212025Typical 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, June 2009: AED 1,230,000 (AED 789 per sqft)Sold, January 2010: AED 1,000,000 (AED 642 per sqft)Sold, December 2018: AED 1,000,000 (AED 642 per sqft)Sold, October 2022: AED 492,500 (AED 316 per sqft)

402 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Sherlock Circus 3
75K100K2012201620202024Typical 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, October 2015: AED 105,000 a yearRenewal, October 2016: AED 105,000 a yearNew contract, November 2017: AED 90,000 a yearRenewal, November 2018: AED 90,000 a yearNew contract, August 2019: AED 75,000 a yearNew contract, August 2021: AED 60,000 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 402 sits

All 31 2-beds →

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
27 Dec 20241,475,000
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
4012-bedAED 1.48M · Dec 2024
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

402, Sherlock Circus 3 in numbers

  • Sold 4 times: first on 9 June 2009 for AED 1,230,000, last on 25 October 2022 for AED 492,500 (AED 316 per sqft).
  • Rented since October 2015 on 6 Ejari contracts, from AED 105,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 12.2%, before a service charge of about AED 18,500 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 25 October 2022.

Questions about 402, Sherlock Circus 3

What did unit 402 last sell for?

AED 492,500 on 25 October 2022: AED 316 per sqft for 1,557 sqft. The unit has 4 registered sales; the first was AED 1,230,000 in June 2009.

What is the rent for unit 402?

AED 60,000 a year on the contract signed on 1 August 2021. The previous contract, from August 2019, was AED 75,000; the unit has been rented since October 2015.

How big is unit 402?

1,557 sqft (144.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 402 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 402, Sherlock Circus 3

Starts from the last sale price (AED 493K, 25 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 492,500
Deposit, UAE resident (20%)
AED 98,500
Deposit, non-resident (40%)
AED 197,000
Monthly over 25 years at 3.7%
AED 2,015

Plus AED 23,595 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →