501, Sherlock House 1
Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Sherlock House 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 9 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,698 sqft
- Floor
- 5th of 5
- Parking
- 393 in FXH7-711 in FXH7
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.24M · August 2009
- Building
- Sherlock House 1
About 501, Sherlock House 1
501 is a two-bedroom apartment of 1,698 sqft on the 5th floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. The developer sold it on 24 August 2009 for AED 1,241,000, or AED 730 per sqft, in line with the AED 723 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 9 February 2026, is AED 120,000 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 45 2-beds →501 last sold in August 2009 at AED 730 per sqft, in line with what two-beds in Sherlock House 1 were fetching at the time (AED 723). 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. 501's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Mar 202630 March 2026 | 1,762 sqft | 1,950,000 | 1,106 | ||
| 16 Sep 202516 September 2025 | 1,358 sqft | 1,520,000 | 1,119 | ||
| 28 Aug 202528 August 2025 | 1,652 sqft | 1,690,000 | 1,022 | ||
| 10 Jun 202510 June 2025 | 1,452 sqft | 1,416,598 | 975 |
Sherlock House 1
Building111 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%
Other units on the 5th floor
All 111 units in Sherlock House 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,652 sqft | AED 1.69MAED 1,690,000 · Aug 2025August 2025 | 125,000 /yr | |
| 503 | 1-bed | 1,070 sqft | AED 390KAED 389,500 · Mar 2010March 2010 | 83,000 /yr | |
| 504 | 3-bed | 2,141 sqft | AED 2.3MAED 2,300,000 · Jan 2025January 2025 | 100,000 /yr | |
| 505 | 2-bed | 1,953 sqft | AED 1.3MAED 1,300,000 · Jun 2019June 2019 | 70,000 /yr |
501, Sherlock House 1 in numbers
- Sold once: by the developer on 24 August 2009 for AED 1,241,000, or AED 730 per sqft.
- Rented since August 2016 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 120,000 by February 2026.
- At AED 120,000 a year the gross yield on the 2009 price is 9.7%, 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 9 February 2026.
Questions about 501, Sherlock House 1
What did unit 501 last sell for?
AED 1,241,000 on 24 August 2009, sold by the developer: AED 730 per sqft for 1,698 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 120,000 a year on the contract renewed on 9 February 2026. The previous contract, from February 2025, was AED 120,000; the unit has been rented since August 2016.
How big is unit 501?
1,698 sqft (157.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 501 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 501, Sherlock House 1
Starts from the last sale price (AED 1.24M, 24 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,241,000
- Deposit, UAE resident (20%)
- AED 248,200
- Deposit, non-resident (40%)
- AED 496,400
- Monthly over 25 years at 3.7%
- AED 5,077
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →