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2-bed · 1,452 sqftSherlock House 1, Uptown Motorcity · 3rd floor

321, Sherlock House 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 1.3M25 June 2024
Current rentAED 86K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 321, Sherlock House 1

What is 321 worth today?

Last sold for AED 1,300,000 in 2024

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25 Jun 2024SoldReady
AED 1,300,000AED 895 per sqft
25 Jan 2024RentedRenewal
AED 86,000/yr12 months · AED 60 per sqft
25 Jan 2023RentedRenewal
AED 82,000/yr13 months · AED 56 per sqft
25 Jan 2022RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
3 May 2020SoldReady
AED 410,000AED 282 per sqft
8 Oct 2017RentedRenewal
AED 85,237/yr12 months · AED 59 per sqft
8 Oct 2016RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
8 Oct 2015RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
3rd of 5
Parking
17-18
Service charge
AED 17,300 /yr
Last sold
AED 1.3M · June 2024
Building
Sherlock House 1

About 321, Sherlock House 1

321 is a two-bedroom apartment of 1,452 sqft on the 3rd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 25 June 2024 for AED 1,300,000, or AED 895 per sqft, 5% above the AED 853 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 86,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 321 over time

Sales
Unit 321, 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 1,054,000 (AED 725 per sqft)Sold, May 2020: AED 410,000 (AED 282 per sqft)Sold, June 2024: AED 1,300,000 (AED 895 per sqft)

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

Rents
Unit 321, 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, October 2012: AED 72,500 a yearNew contract, October 2013: AED 80,000 a yearNew contract, October 2014: AED 79,572 a yearRenewal, October 2015: AED 80,000 a yearRenewal, October 2016: AED 80,000 a yearRenewal, October 2017: AED 85,237 a yearNew contract, January 2022: AED 80,000 a yearRenewal, January 2023: AED 82,000 a yearRenewal, January 2024: AED 86,000 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 321 sits

All 45 2-beds →

321 last sold in June 2024 at AED 895 per sqft, 5% above what two-beds in Sherlock House 1 were fetching at the time (AED 853). 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. 321's AED 86,000 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 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

321, Sherlock House 1 in numbers

  • Sold 3 times: first on 15 June 2009 for AED 1,054,000, last on 25 June 2024 for AED 1,300,000 (AED 895 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 72,500 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 17,300 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 25 June 2024.

Questions about 321, Sherlock House 1

What did unit 321 last sell for?

AED 1,300,000 on 25 June 2024: AED 895 per sqft for 1,452 sqft. The unit has 3 registered sales; the first was AED 1,054,000 in June 2009.

What is the rent for unit 321?

AED 86,000 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 82,000; the unit has been rented since October 2012.

How big is unit 321?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 321 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 321, Sherlock House 1

Starts from the last sale price (AED 1.3M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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