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2-bed · 1,358 sqftSherlock House 1, Uptown Motorcity · 1st floor

116, Sherlock House 1

Sold prices and rental history: sold twice, last in October 2012, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 14 November 2023
Last soldAED 1.05M29 October 2012
Current rentAED 87K /yr14 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Sherlock House 1

What is 116 worth today?

Last sold for AED 1,050,000 in 2012

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14 Nov 2023RentedRenewal
AED 86,625/yr12 months · AED 64 per sqft
14 Nov 2022RentedRenewal
AED 82,500/yr12 months · AED 61 per sqft
14 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
29 Oct 2012SoldReady
AED 1,050,000AED 773 per sqft
28 Apr 2009Sold by developerReady
AED 982,000AED 723 per sqft

Source: Dubai Land Department. Updated 14 November 2023.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
1st of 5
Parking
65-66
Service charge
AED 16,200 /yr
Last sold
AED 1.05M · October 2012
Building
Sherlock House 1

About 116, Sherlock House 1

116 is a two-bedroom apartment of 1,358 sqft on the 1st floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 29 October 2012 for AED 1,050,000, or AED 773 per sqft, 34% above the AED 578 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 14 November 2023, is AED 86,625 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 16,200 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Sherlock House 1
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,054,000; 2010 AED 764,000; 2012 AED 840,000; 2013 AED 1,150,000; 2015 AED 1,470,000; 2016 AED 1,400,000; 2017 AED 1,118,400; 2020 AED 737,500; 2021 AED 884,700; 2023 AED 1,167,500; 2024 AED 1,360,000; 2025 AED 1,650,000Sold by developer, April 2009: AED 982,000 (AED 723 per sqft)Sold, October 2012: AED 1,050,000 (AED 773 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in Sherlock House 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 76,500; 2013 AED 82,500; 2014 AED 100,000; 2015 AED 114,095; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 98,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 77,000; 2023 AED 84,240; 2024 AED 96,000; 2025 AED 120,000; 2026 AED 120,000New contract, November 2021: AED 75,000 a yearRenewal, November 2022: AED 82,500 a yearRenewal, November 2023: AED 86,625 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 House 1, and where 116 sits

All 45 2-beds →

116 last sold in October 2012 at AED 773 per sqft, 34% above what two-beds in Sherlock House 1 were fetching at the time (AED 578). Over the last 12 months two-beds sold for AED 1,950,000, around AED 1,106 per sqft, and rent for AED 48,000 to 140,000 a year. 116's AED 86,625 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Mar 20261,950,000
16 Sep 20251,520,000
28 Aug 20251,690,000
10 Jun 20251,416,598
1 2-bed sale in the last 12 months

Sherlock House 1

Building

111 apartments, studios to 3-bed over 5 floors in Uptown Motorcity. 6 sold in the last 12 months.

Typical price per sqft
AED 1,009
Typical sale
AED 985K
Typical rent
AED 78K /yr
Typical yield
7.4%
Sherlock House 1, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 111 units in Sherlock House 1
Value
1012-bedAED 1.2M · Mar 2013
1021-bedAED 950K · Dec 2025
1032-bedAED 982K · May 2009
1041-bedAED 675K · Aug 2015
1051-bedAED 736K · May 2009
1062-bedAED 1M · Dec 2009
1071-bedAED 600K · Feb 2010
1–7 of 21

116, Sherlock House 1 in numbers

  • Sold twice: first on 28 April 2009 for AED 982,000, last on 29 October 2012 for AED 1,050,000 (AED 773 per sqft).
  • Rented since November 2021 on 3 Ejari contracts, from AED 75,000 to AED 86,625 a year.
  • At AED 86,625 a year the gross yield on the 2012 price is 8.3%, before a service charge of about AED 16,200 a year (AED 11.90 per sqft).
  • Two-beds in Sherlock House 1 sold for AED 1,950,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,009 per sqft.

Source: Dubai Land Department. Updated 14 November 2023.

Questions about 116, Sherlock House 1

What did unit 116 last sell for?

AED 1,050,000 on 29 October 2012: AED 773 per sqft for 1,358 sqft. The unit has 2 registered sales; the first was AED 982,000 in April 2009.

What is the rent for unit 116?

AED 86,625 a year on the contract renewed on 14 November 2023. The previous contract, from November 2022, was AED 82,500; the unit has been rented since November 2021.

How big is unit 116?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherlock House 1 sold for AED 1,950,000 to 1,950,000 in the last 12 months, around AED 1,106 per sqft.

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Mortgage on 116, Sherlock House 1

Starts from the last sale price (AED 1.05M, 29 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →