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3-bed · 2,141 sqftSherlock House 1, Uptown Motorcity · 3rd floor

324, Sherlock House 1

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.59M2 March 2010
Current rentAED 165K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 324, Sherlock House 1

What is 324 worth today?

Last sold for AED 1,585,000 in 2010

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1 Sep 2023RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft
23 Aug 2020RentedNew contract
AED 83,000/yr12 months · AED 39 per sqft
18 Mar 2019RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
20 Jan 2017RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
1 Aug 2016RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
28 Dec 2014RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
28 Dec 2013RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
2 Mar 2010Sold by developerReady
AED 1,585,000AED 740 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
3-bed apartment
Size
2,141 sqft
Floor
3rd of 5
Parking
479 in FXH7-802 in FXH7
Service charge
AED 25,500 /yr
Last sold
AED 1.59M · March 2010
Building
Sherlock House 1

About 324, Sherlock House 1

324 is a three-bedroom apartment of 2,141 sqft on the 3rd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. The developer sold it on 2 March 2010 for AED 1,585,000, or AED 740 per sqft, in line with the AED 740 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 September 2023, is AED 165,000 a year: a gross yield of 10.4% on the 2010 price, before the service charge of about AED 25,500 a year.

Sales and rents for 324 over time

Sales
Unit 324, 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, March 2010: AED 1,585,000 (AED 740 per sqft)

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

Rents
Unit 324, 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, December 2013: AED 140,000 a yearNew contract, December 2014: AED 140,000 a yearNew contract, August 2016: AED 150,000 a yearNew contract, January 2017: AED 150,000 a yearRenewal, March 2019: AED 125,000 a yearNew contract, August 2020: AED 83,000 a yearNew contract, September 2023: AED 165,000 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 324 sits

All 9 3-beds →

324 last sold in March 2010 at AED 740 per sqft, in line with what three-beds in Sherlock House 1 were fetching at the time (AED 740). 324's AED 165,000 is in the lower half 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

324, Sherlock House 1 in numbers

  • Sold once: by the developer on 2 March 2010 for AED 1,585,000, or AED 740 per sqft.
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 83,000 in 2020 and recovered to AED 165,000 by September 2023.
  • At AED 165,000 a year the gross yield on the 2010 price is 10.4%, before a service charge of about AED 25,500 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 324, Sherlock House 1

What did unit 324 last sell for?

AED 1,585,000 on 2 March 2010, sold by the developer: AED 740 per sqft for 2,141 sqft. It is the only registered sale of the unit.

What is the rent for unit 324?

AED 165,000 a year on the contract signed on 1 September 2023. The previous contract, from August 2020, was AED 83,000; the unit has been rented since December 2013.

How big is unit 324?

2,141 sqft (198.9 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 324 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 324, Sherlock House 1

Starts from the last sale price (AED 1.59M, 2 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,585,000
Deposit, UAE resident (20%)
AED 317,000
Deposit, non-resident (40%)
AED 634,000
Monthly over 25 years at 3.7%
AED 6,485

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