501, Sherlock Circus 3
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Sherlock Circus 3
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,504 sqft
- Floor
- 5th of 5
- Parking
- S78-S79
- Service charge
- AED 17,900 /yr
- Last sold
- AED 1.33M · May 2024
- Building
- Sherlock Circus 3
About 501, Sherlock Circus 3
501 is a two-bedroom apartment of 1,504 sqft on the 5th floor of Sherlock Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 13 May 2024 for AED 1,325,000, or AED 880 per sqft, 14% above the AED 770 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 22 April 2023, is AED 79,200 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 17,900 a year.
Sales and rents for 501 over time
501 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 31 2-beds →501 last sold in May 2024 at AED 880 per sqft, 14% above what two-beds in Sherlock Circus 3 were fetching at the time (AED 770). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,457 sqft | 1,400,000 | 960 | ||
| 26 Jun 202526 June 2025 | 1,568 sqft | 1,725,000 | 1,100 | ||
| 7 May 20257 May 2025 | 1,580 sqft | 1,685,000 | 1,066 | ||
| 27 Dec 202427 December 2024 | 1,614 sqft | 1,475,000 | 913 |
Sherlock Circus 3
Building41 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%
Other units on the 5th floor
All 41 units in Sherlock Circus 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1,457 sqft | AED 1.6MAED 1,600,000 · Aug 2025August 2025 | |||
| 503 | 3-bed | 1,845 sqft | AED 700KAED 700,000 · May 2018May 2018 | 120,000 /yr | |
| 504 | 2-bed | 1,457 sqft | AED 1.4MAED 1,400,000 · Feb 2026February 2026 | 90,000 /yr | |
| 505 | 2-bed | 1,504 sqft | AED 950KAED 950,000 · Sep 2021September 2021 | 129,000 /yr | |
| 506 | 2-bed | 1,703 sqft | AED 1.55MAED 1,550,000 · May 2015May 2015 | ||
| 507 | 2-bed | 1,703 sqft | AED 775KAED 775,000 · May 2017May 2017 | 130,000 /yr |
501, Sherlock Circus 3 in numbers
- Sold 3 times: first on 22 October 2009 for AED 593,000, last on 13 May 2024 for AED 1,325,000 (AED 880 per sqft).
- Rented since January 2013 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2020 and recovered to AED 79,200 by April 2023.
- At AED 79,200 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 17,900 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 13 May 2024.
Questions about 501, Sherlock Circus 3
What did unit 501 last sell for?
AED 1,325,000 on 13 May 2024: AED 880 per sqft for 1,504 sqft. The unit has 3 registered sales; the first was AED 593,000 in October 2009.
What is the rent for unit 501?
AED 79,200 a year on the contract renewed on 22 April 2023. The previous contract, from October 2020, was AED 65,000; the unit has been rented since January 2013.
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?
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 501, Sherlock Circus 3
Starts from the last sale price (AED 1.33M, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →