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2-bed · 1,953 sqftSherlock House 1, Uptown Motorcity · 5th floor

505, Sherlock House 1

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 14 July 2020
Last soldAED 1.3M9 June 2019
Current rentAED 70K /yr14 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Sherlock House 1

What is 505 worth today?

Last sold for AED 1,300,000 in 2019

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14 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 36 per sqft
15 Jun 2019RentedNew contract
AED 97,000/yr12 months · AED 50 per sqft
9 Jun 2019SoldReady
AED 1,300,000AED 665 per sqft
15 Jun 2018RentedRenewal
AED 118,000/yr12 months · AED 61 per sqft
15 Jun 2017RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
9 Apr 2015SoldReady
AED 1,725,000AED 883 per sqft
3 Nov 2013RentedNew contract
AED 80,000/yr6 months · AED 41 per sqft
5 Jul 2009Sold by developerReady
AED 1,340,000AED 760 per sqft

Source: Dubai Land Department. Updated 14 July 2020.

Key facts

Type
2-bed apartment
Size
1,953 sqft
Floor
5th of 5
Parking
398 in FXH7-715 in FXH7
Service charge
AED 23,200 /yr
Last sold
AED 1.3M · June 2019
Building
Sherlock House 1

About 505, Sherlock House 1

505 is a two-bedroom apartment of 1,953 sqft on the 5th floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 9 June 2019 for AED 1,300,000, or AED 665 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 14 July 2020, is AED 70,000 a year: a gross yield of 5.4% on the 2019 price, before the service charge of about AED 23,200 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Sherlock House 1
1M1.5M2009201420192024Typical 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, July 2009: AED 1,340,000 (AED 760 per sqft)Sold, April 2015: AED 1,725,000 (AED 883 per sqft)Sold, June 2019: AED 1,300,000 (AED 665 per sqft)

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

Rents
Unit 505, 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, November 2013: AED 80,000 a yearNew contract, June 2017: AED 120,000 a yearRenewal, June 2018: AED 118,000 a yearNew contract, June 2019: AED 97,000 a yearNew contract, July 2020: AED 70,000 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 505 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. 505's AED 70,000 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 5th floor

All 111 units in Sherlock House 1
Value
5012-bedAED 1.24M · Aug 2009
5022-bedAED 1.69M · Aug 2025
5031-bedAED 390K · Mar 2010
5043-bedAED 2.3M · Jan 2025

505, Sherlock House 1 in numbers

  • Sold 3 times: first on 5 July 2009 for AED 1,340,000, last on 9 June 2019 for AED 1,300,000 (AED 665 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 80,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 5.4%, before a service charge of about AED 23,200 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 14 July 2020.

Questions about 505, Sherlock House 1

What did unit 505 last sell for?

AED 1,300,000 on 9 June 2019: AED 665 per sqft for 1,953 sqft. The unit has 3 registered sales; the first was AED 1,340,000 in July 2009.

What is the rent for unit 505?

AED 70,000 a year on the contract signed on 14 July 2020. The previous contract, from June 2019, was AED 97,000; the unit has been rented since November 2013.

How big is unit 505?

1,953 sqft (181.4 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 505 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 505, Sherlock House 1

Starts from the last sale price (AED 1.3M, 9 June 2019). 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 →