2-bed · 1,446 sqftSherlock House 1, Uptown Motorcity · 2nd floor

217, Sherlock House 1

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 27 March 2024
Last soldAED 1.57M27 March 2024
Current rentAED 68K /yr18 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Sherlock House 1

What is 217 worth today?

Last sold for AED 1,570,000 in 2024

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27 Mar 2024SoldReady
AED 1,570,000AED 1,085 per sqft
18 Feb 2021RentedNew contract
AED 67,500/yr12 months · AED 47 per sqft
8 Nov 2020SoldReady
AED 735,000AED 508 per sqft
18 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
12 Dec 2016RentedNew contract
AED 103,000/yr12 months · AED 71 per sqft
4 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
28 Sep 2014RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
1 Aug 2013RentedNew contract
AED 65,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 27 March 2024.

Key facts

Type
2-bed apartment
Size
1,446 sqft
Floor
2nd of 5
Parking
75-76
Service charge
AED 17,200 /yr
Last sold
AED 1.57M · March 2024

About 217, Sherlock House 1

217 is a two-bedroom apartment of 1,446 sqft on the 2nd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 27 March 2024 for AED 1,570,000, or AED 1,085 per sqft, 31% above the AED 826 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 18 February 2021, is AED 67,500 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, May 2009: AED 1,049,000 (AED 725 per sqft)Sold, November 2020: AED 735,000 (AED 508 per sqft)Sold, March 2024: AED 1,570,000 (AED 1,085 per sqft)

217 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 217, 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, August 2013: AED 65,000 a yearNew contract, September 2014: AED 115,000 a yearNew contract, November 2015: AED 110,000 a yearNew contract, December 2016: AED 103,000 a yearNew contract, February 2018: AED 95,000 a yearNew contract, February 2021: AED 67,500 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 217 sits

All 45 2-beds →

217 last sold in March 2024 at AED 1,085 per sqft, 31% above what two-beds in Sherlock House 1 were fetching at the time (AED 826). 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. 217's AED 67,500 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 2nd floor

All 111 units in Sherlock House 1
Value
2012-bedAED 1.3M · Aug 2023
2021-bedAED 980K · Jun 2015
2032-bedAED 1.47M · Sep 2024
2041-bedAED 970K · Mar 2014
2051-bedAED 358K · May 2019
2062-bedAED 960K · Dec 2009
2071-bedAED 690K · May 2019
1–7 of 24

217, Sherlock House 1 in numbers

  • Sold 3 times: first on 17 May 2009 for AED 1,049,000, last on 27 March 2024 for AED 1,570,000 (AED 1,085 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 65,000 to AED 67,500 a year.
  • At AED 67,500 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 17,200 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 27 March 2024.

Questions about 217, Sherlock House 1

What did unit 217 last sell for?

AED 1,570,000 on 27 March 2024: AED 1,085 per sqft for 1,446 sqft. The unit has 3 registered sales; the first was AED 1,049,000 in May 2009.

What is the rent for unit 217?

AED 67,500 a year on the contract signed on 18 February 2021. The previous contract, from February 2018, was AED 95,000; the unit has been rented since August 2013.

How big is unit 217?

1,446 sqft (134.3 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 217 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 217, Sherlock House 1

Starts from the last sale price (AED 1.57M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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