2-bed · 1,430 sqftSherlock House 1, Uptown Motorcity · 4th floor

412, Sherlock House 1

Sold prices and rental history: sold 5 times, last in November 2016, and rented since 2010. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 8 November 2016
Last soldAED 738K8 November 2016
Current rentAED 120K /yr20 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Sherlock House 1

What is 412 worth today?

Last sold for AED 737,500 in 2016

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8 Nov 2016SoldReady
AED 737,500AED 515 per sqft
20 Aug 2015RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
25 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
12 Jun 2013SoldReady
AED 1,150,000AED 804 per sqft
14 Aug 2012SoldReady
AED 435,000AED 304 per sqft
27 Aug 2010RentedNew contract
AED 60,000/yr12 months · AED 42 per sqft
5 May 2009Sold by developerReady
AED 900,000AED 629 per sqft
5 May 2009SoldReady
AED 1,059,000AED 740 per sqft

Source: Dubai Land Department. Updated 8 November 2016.

Key facts

Type
2-bed apartment
Size
1,430 sqft
Floor
4th of 5
Parking
19-20
Service charge
AED 17,000 /yr
Last sold
AED 738K · November 2016

About 412, Sherlock House 1

412 is a two-bedroom apartment of 1,430 sqft on the 4th floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 8 November 2016 for AED 737,500, or AED 515 per sqft.

It has been rented since 2010 on 3 Ejari contracts. The current contract, signed on 20 August 2015, is AED 120,000 a year: a gross yield of 16.3% on the 2016 price, before the service charge of about AED 17,000 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, May 2009: AED 900,000 (AED 629 per sqft)Sold, May 2009: AED 1,059,000 (AED 740 per sqft)Sold, August 2012: AED 435,000 (AED 304 per sqft)Sold, June 2013: AED 1,150,000 (AED 804 per sqft)Sold, November 2016: AED 737,500 (AED 515 per sqft)

412 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 412, each contractTypical two-bed in Sherlock House 1
50K100K2010201520202025Typical 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, August 2010: AED 60,000 a yearNew contract, August 2013: AED 100,000 a yearNew contract, August 2015: AED 120,000 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 412 sits

All 45 2-beds →

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. 412's AED 120,000 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
4012-bedAED 1.53M · Aug 2017
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
1–7 of 15

412, Sherlock House 1 in numbers

  • Sold 5 times: first on 5 May 2009 for AED 1,059,000, last on 8 November 2016 for AED 737,500 (AED 515 per sqft).
  • Rented since August 2010 on 3 Ejari contracts, from AED 60,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 16.3%, before a service charge of about AED 17,000 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 8 November 2016.

Questions about 412, Sherlock House 1

What did unit 412 last sell for?

AED 737,500 on 8 November 2016: AED 515 per sqft for 1,430 sqft. The unit has 5 registered sales; the first was AED 1,059,000 in May 2009.

What is the rent for unit 412?

AED 120,000 a year on the contract signed on 20 August 2015. The previous contract, from August 2013, was AED 100,000; the unit has been rented since August 2010.

How big is unit 412?

1,430 sqft (132.9 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 412 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 412, Sherlock House 1

Starts from the last sale price (AED 738K, 8 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 737,500
Deposit, UAE resident (20%)
AED 147,500
Deposit, non-resident (40%)
AED 295,000
Monthly over 25 years at 3.7%
AED 3,017

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