2-bed · 1,332 sqftSherlock House 1, Uptown Motorcity · 3rd floor

316, Sherlock House 1

Sold prices and rental history: sold 3 times, last in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 27 August 2017
Last soldAED 1.32M27 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Sherlock House 1

What is 316 worth today?

Last sold for AED 1,320,000 in 2017

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27 Aug 2017SoldReady
AED 1,320,000AED 990 per sqft
14 Jul 2009SoldReady
AED 450,000AED 337 per sqft
15 Jun 2009Sold by developerReady
AED 985,000AED 739 per sqft

Source: Dubai Land Department. Updated 27 August 2017.

Key facts

Type
2-bed apartment
Size
1,332 sqft
Floor
3rd of 5
Parking
61-62
Service charge
AED 15,900 /yr
Last sold
AED 1.32M · August 2017

About 316, Sherlock House 1

316 is a two-bedroom apartment of 1,332 sqft on the 3rd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 27 August 2017 for AED 1,320,000, or AED 990 per sqft, 4% above the AED 951 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical two-bed in Sherlock House 1
1M2009201420192024Typical 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 985,000 (AED 739 per sqft)Sold, July 2009: AED 450,000 (AED 337 per sqft)Sold, August 2017: AED 1,320,000 (AED 990 per sqft)

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

Rents
Unit 316, 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 120,000

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 316 sits

All 45 2-beds →

316 last sold in August 2017 at AED 990 per sqft, 4% above what two-beds in Sherlock House 1 were fetching at the time (AED 951). 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.

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 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

316, Sherlock House 1 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 985,000, last on 27 August 2017 for AED 1,320,000 (AED 990 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 August 2017.

Questions about 316, Sherlock House 1

What did unit 316 last sell for?

AED 1,320,000 on 27 August 2017: AED 990 per sqft for 1,332 sqft. The unit has 3 registered sales; the first was AED 985,000 in June 2009.

How big is unit 316?

1,332 sqft (123.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 316 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 316, Sherlock House 1

Starts from the last sale price (AED 1.32M, 27 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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