3-bed · 1,828 sqftSherlock House 1, Uptown Motorcity · 3rd floor

312, Sherlock House 1

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

Unit 312 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.6M16 July 2013
Current rentAED 140K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Sherlock House 1

What is 312 worth today?

Last sold for AED 1,600,000 in 2013

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25 Sep 2024RentedRenewal
AED 140,000/yr12 months · AED 77 per sqft
25 Sep 2023RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
25 Sep 2022RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
10 Sep 2021RentedRenewal
AED 83,000/yr12 months · AED 45 per sqft
10 Sep 2020RentedNew contract
AED 83,000/yr12 months · AED 45 per sqft
13 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 49 per sqft
1 Jun 2019RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
1 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
3-bed apartment
Size
1,828 sqft
Floor
3rd of 5
Parking
49-50
Service charge
AED 21,800 /yr
Last sold
AED 1.6M · July 2013

About 312, Sherlock House 1

312 is a three-bedroom apartment of 1,828 sqft on the 3rd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 16 July 2013 for AED 1,600,000, or AED 875 per sqft, 17% above the AED 747 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 140,000 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 21,800 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical three-bed in Sherlock House 1
1.4M1.6M2009201320172021Typical sale price by year: 2009 AED 1,451,500; 2021 AED 1,275,000Sold by developer, April 2009: AED 1,377,000 (AED 753 per sqft)Sold, July 2013: AED 1,600,000 (AED 875 per sqft)

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

Rents
Unit 312, each contractTypical three-bed in Sherlock House 1
100K150K2013201720212025Typical rent by year: 2013 AED 127,500; 2014 AED 131,250; 2015 AED 145,100; 2016 AED 150,000; 2017 AED 135,000; 2018 AED 122,500; 2019 AED 108,000; 2020 AED 90,000; 2021 AED 93,000; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 135,000; 2025 AED 155,000; 2026 AED 170,000New contract, October 2013: AED 130,000 a yearRenewal, October 2014: AED 130,000 a yearRenewal, October 2015: AED 130,000 a yearRenewal, October 2016: AED 150,000 a yearNew contract, June 2018: AED 120,000 a yearRenewal, June 2019: AED 120,000 a yearNew contract, November 2019: AED 90,000 a yearNew contract, September 2020: AED 83,000 a yearRenewal, September 2021: AED 83,000 a yearNew contract, September 2022: AED 125,000 a yearNew contract, September 2023: AED 125,000 a yearRenewal, September 2024: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sherlock House 1, and where 312 sits

All 9 3-beds →

312 last sold in July 2013 at AED 875 per sqft, 17% above what three-beds in Sherlock House 1 were fetching at the time (AED 747). 312's AED 140,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Jan 20252,300,000
27 Nov 20231,600,000
26 Oct 20231,875,000
13 Oct 20211,100,000
0 3-bed sales 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 3rd floor

All 111 units in Sherlock House 1
Value
3012-bedAED 1.65M · Mar 2025
3021-bedAED 925K · Apr 2025
3032-bedAED 1.52M · Sep 2025
3041-bedAED 600K · Mar 2023
3051-bedAED 625K · Feb 2022
3062-bedAED 1.08M · Jun 2009
3071-bedAED 560K · Jul 2009
1–7 of 24

312, Sherlock House 1 in numbers

  • Sold twice: first on 28 April 2009 for AED 1,377,000, last on 16 July 2013 for AED 1,600,000 (AED 875 per sqft).
  • Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 83,000 in 2021 and recovered to AED 140,000 by September 2024.
  • At AED 140,000 a year the gross yield on the 2013 price is 8.8%, before a service charge of about AED 21,800 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 25 September 2024.

Questions about 312, Sherlock House 1

What did unit 312 last sell for?

AED 1,600,000 on 16 July 2013: AED 875 per sqft for 1,828 sqft. The unit has 2 registered sales; the first was AED 1,377,000 in April 2009.

What is the rent for unit 312?

AED 140,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 125,000; the unit has been rented since October 2013.

How big is unit 312?

1,828 sqft (169.8 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 312 worth today?

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Mortgage on 312, Sherlock House 1

Starts from the last sale price (AED 1.6M, 16 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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