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

203, Sherlock House 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 1.47M5 September 2024
Current rentAED 120K /yr4 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Sherlock House 1

What is 203 worth today?

Last sold for AED 1,470,000 in 2024

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4 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
5 Sep 2024SoldReady
AED 1,470,000AED 1,082 per sqft
25 Nov 2022RentedRenewal
AED 67,000/yr12 months · AED 49 per sqft
25 Nov 2021RentedRenewal
AED 67,000/yr12 months · AED 49 per sqft
25 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 44 per sqft
20 Oct 2019RentedNew contract
AED 72,000/yr12 months · AED 53 per sqft
8 Aug 2018RentedNew contract
AED 87,000/yr12 months · AED 64 per sqft
1 Dec 2016RentedRenewal
AED 115,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
2nd of 5
Parking
87-88
Service charge
AED 16,200 /yr
Last sold
AED 1.47M · September 2024

About 203, Sherlock House 1

203 is a two-bedroom apartment of 1,358 sqft on the 2nd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 5 September 2024 for AED 1,470,000, or AED 1,082 per sqft, 15% above the AED 940 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 4 November 2024, is AED 120,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, June 2009: AED 987,000 (AED 726 per sqft)Sold, September 2024: AED 1,470,000 (AED 1,082 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Sherlock House 1
50K100K2012201620202024Typical 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, May 2013: AED 75,000 a yearNew contract, December 2014: AED 115,000 a yearRenewal, December 2015: AED 115,000 a yearRenewal, December 2016: AED 115,000 a yearNew contract, August 2018: AED 87,000 a yearNew contract, October 2019: AED 72,000 a yearNew contract, November 2020: AED 60,000 a yearRenewal, November 2021: AED 67,000 a yearRenewal, November 2022: AED 67,000 a yearNew contract, November 2024: AED 120,000 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 House 1, and where 203 sits

All 45 2-beds →

203 last sold in September 2024 at AED 1,082 per sqft, 15% above what two-beds in Sherlock House 1 were fetching at the time (AED 940). 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. 203's AED 120,000 is in the upper 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 2nd floor

All 111 units in Sherlock House 1
Value
2012-bedAED 1.3M · Aug 2023
2021-bedAED 980K · Jun 2015
2041-bedAED 970K · Mar 2014
2051-bedAED 358K · May 2019
2062-bedAED 960K · Dec 2009
2071-bedAED 690K · May 2019
2081-bedAED 695K · Jun 2009
1–7 of 24

203, Sherlock House 1 in numbers

  • Sold twice: first on 15 June 2009 for AED 987,000, last on 5 September 2024 for AED 1,470,000 (AED 1,082 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2020 and recovered to AED 120,000 by November 2024.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.2%, 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 4 November 2024.

Questions about 203, Sherlock House 1

What did unit 203 last sell for?

AED 1,470,000 on 5 September 2024: AED 1,082 per sqft for 1,358 sqft. The unit has 2 registered sales; the first was AED 987,000 in June 2009.

What is the rent for unit 203?

AED 120,000 a year on the contract signed on 4 November 2024. The previous contract, from November 2022, was AED 67,000; the unit has been rented since May 2013.

How big is unit 203?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 203 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 203, Sherlock House 1

Starts from the last sale price (AED 1.47M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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