2-bed · 1,698 sqftSherlock House 1, Uptown Motorcity · 4th floor

401, Sherlock House 1

Sold prices and rental history: sold twice, last in August 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 5 September 2017
Last soldAED 1.53M3 August 2017
Current rentAED 115K /yr5 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Sherlock House 1

What is 401 worth today?

Last sold for AED 1,525,000 in 2017

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5 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 68 per sqft
3 Aug 2017SoldReady
AED 1,525,000AED 898 per sqft
5 Sep 2016RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
5 Sep 2015RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
1 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft
12 Jan 2010Sold by developerReady
AED 618,000AED 363 per sqft

Source: Dubai Land Department. Updated 5 September 2017.

Key facts

Type
2-bed apartment
Size
1,698 sqft
Floor
4th of 5
Parking
392 in FXH7-710 in FXH7
Service charge
AED 20,200 /yr
Last sold
AED 1.53M · August 2017

About 401, Sherlock House 1

401 is a two-bedroom apartment of 1,698 sqft on the 4th floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 3 August 2017 for AED 1,525,000, or AED 898 per sqft, in line with the AED 925 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 September 2017, is AED 115,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 20,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Sherlock House 1
500K1M1.5M2009201420192024Typical 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, January 2010: AED 618,000 (AED 363 per sqft)Sold, August 2017: AED 1,525,000 (AED 898 per sqft)

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

Rents
Unit 401, 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, September 2013: AED 110,000 a yearNew contract, September 2015: AED 120,000 a yearNew contract, September 2016: AED 120,000 a yearNew contract, September 2017: AED 115,000 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 401 sits

All 45 2-beds →

401 last sold in August 2017 at AED 898 per sqft, in line with what two-beds in Sherlock House 1 were fetching at the time (AED 925). 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. 401's AED 115,000 is in the upper 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 4th floor

All 111 units in Sherlock House 1
Value
4021-bedAED 980K · May 2025
4032-bedAED 990K · Jun 2010
4041-bedAED 735K · Jun 2013
4051-bedAED 915K · Feb 2018
4062-bedAED 1.45M · Apr 2015
4071-bedAED 1.05M · Jan 2026
4083-bedAED 1.43M · Mar 2019
1–7 of 15

401, Sherlock House 1 in numbers

  • Sold twice: first on 12 January 2010 for AED 618,000, last on 3 August 2017 for AED 1,525,000 (AED 898 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 110,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 20,200 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 5 September 2017.

Questions about 401, Sherlock House 1

What did unit 401 last sell for?

AED 1,525,000 on 3 August 2017: AED 898 per sqft for 1,698 sqft. The unit has 2 registered sales; the first was AED 618,000 in January 2010.

What is the rent for unit 401?

AED 115,000 a year on the contract signed on 5 September 2017. The previous contract, from September 2016, was AED 120,000; the unit has been rented since September 2013.

How big is unit 401?

1,698 sqft (157.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 401 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 401, Sherlock House 1

Starts from the last sale price (AED 1.53M, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

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