2-bed · 1,504 sqftSherlock Circus 3, Uptown Motorcity · 5th floor

505, Sherlock Circus 3

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 13 December 2024
Last soldAED 950K1 September 2021
Current rentAED 129K /yr13 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Sherlock Circus 3

What is 505 worth today?

Last sold for AED 950,000 in 2021

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13 Dec 2024RentedNew contract
AED 129,000/yr12 months · AED 86 per sqft
20 Jan 2023RentedRenewal
AED 75,380/yr9 months · AED 50 per sqft
20 Jan 2022RentedNew contract
AED 65,550/yr12 months · AED 43 per sqft
1 Sep 2021SoldReady
AED 950,000AED 631 per sqft
20 Jan 2021RentedNew contract
AED 57,000/yr12 months · AED 38 per sqft
1 Jul 2020RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
5 Jun 2019RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
5 Jun 2018RentedRenewal
AED 105,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2024.

Key facts

Type
2-bed apartment
Size
1,504 sqft
Floor
5th of 5
Parking
S21-S22
Service charge
AED 17,900 /yr
Last sold
AED 950K · September 2021

About 505, Sherlock Circus 3

505 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 1 September 2021 for AED 950,000, or AED 631 per sqft, in line with the AED 631 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 13 December 2024, is AED 129,000 a year: a gross yield of 13.6% on the 2021 price, before the service charge of about AED 17,900 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Sherlock Circus 3
1M1.5M20092013201720212025Typical 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 1,186,000 (AED 788 per sqft)Sold, September 2021: AED 950,000 (AED 631 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Sherlock Circus 3
50K100K2012201620202024Typical 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, June 2015: AED 105,000 a yearNew contract, June 2016: AED 125,000 a yearRenewal, June 2018: AED 105,000 a yearRenewal, June 2019: AED 90,000 a yearNew contract, July 2020: AED 60,000 a yearNew contract, January 2021: AED 57,000 a yearNew contract, January 2022: AED 65,550 a yearRenewal, January 2023: AED 75,380 a yearNew contract, December 2024: AED 129,000 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 505 sits

All 31 2-beds →

505 last sold in September 2021 at AED 631 per sqft, in line with what two-beds in Sherlock Circus 3 were fetching at the time (AED 631). 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 5th floor

All 41 units in Sherlock Circus 3
Value
5012-bedAED 1.33M · May 2024
502AED 1.6M · Aug 2025
5033-bedAED 700K · May 2018
5042-bedAED 1.4M · Feb 2026
5062-bedAED 1.55M · May 2015
5072-bedAED 775K · May 2017

505, Sherlock Circus 3 in numbers

  • Sold twice: first on 10 June 2009 for AED 1,186,000, last on 1 September 2021 for AED 950,000 (AED 631 per sqft).
  • Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 57,000 in 2021 and recovered to AED 129,000 by December 2024.
  • At AED 129,000 a year the gross yield on the 2021 price is 13.6%, 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 December 2024.

Questions about 505, Sherlock Circus 3

What did unit 505 last sell for?

AED 950,000 on 1 September 2021: AED 631 per sqft for 1,504 sqft. The unit has 2 registered sales; the first was AED 1,186,000 in June 2009.

What is the rent for unit 505?

AED 129,000 a year on the contract signed on 13 December 2024. The previous contract, from January 2023, was AED 75,380; the unit has been rented since June 2015.

How big is unit 505?

1,504 sqft (139.7 sqm): a two-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. 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 505, Sherlock Circus 3

Starts from the last sale price (AED 950K, 1 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →