1-bed · 1,042 sqftSherlock House 2, Uptown Motorcity · 1st floor

115, Sherlock House 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 750K6 May 2024
Current rentAED 59K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Sherlock House 2

What is 115 worth today?

Last sold for AED 750,000 in 2024

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22 Jul 2024RentedNew contract
AED 58,569/yr10 months · AED 56 per sqft
6 May 2024SoldReady
AED 750,000AED 719 per sqft
22 Jul 2020RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
22 Jul 2019RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
22 Jul 2018RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
27 Jun 2015RentedNew contract
AED 78,000/yr12 months · AED 75 per sqft
5 Aug 2009Sold by developerReady
AED 736,000AED 706 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed apartment
Size
1,042 sqft
Floor
1st of 5
Parking
102
Service charge
AED 12,400 /yr
Last sold
AED 750K · May 2024

About 115, Sherlock House 2

115 is a one-bedroom apartment of 1,042 sqft on the 1st floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. It last sold on 6 May 2024 for AED 750,000, or AED 719 per sqft, 5% above the AED 685 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 22 July 2024, is AED 58,569 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Sherlock House 2
500K750K1M2009201420192024Typical sale price by year: 2009 AED 695,000; 2010 AED 690,000; 2012 AED 505,000; 2013 AED 760,000; 2014 AED 860,000; 2015 AED 950,000; 2016 AED 900,000; 2017 AED 415,000; 2020 AED 497,500; 2021 AED 490,000; 2022 AED 640,000; 2023 AED 621,000; 2024 AED 790,000; 2025 AED 962,500; 2026 AED 960,000Sold by developer, August 2009: AED 736,000 (AED 706 per sqft)Sold, May 2024: AED 750,000 (AED 719 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Sherlock House 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 49,000; 2013 AED 58,000; 2014 AED 70,000; 2015 AED 78,000; 2016 AED 75,500; 2017 AED 73,900; 2018 AED 65,000; 2019 AED 51,157; 2020 AED 42,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 53,000; 2024 AED 60,000; 2025 AED 66,250; 2026 AED 70,200New contract, June 2015: AED 78,000 a yearNew contract, July 2018: AED 65,000 a yearRenewal, July 2019: AED 50,000 a yearRenewal, July 2020: AED 50,000 a yearNew contract, July 2024: AED 58,569 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sherlock House 2, and where 115 sits

All 56 1-beds →

115 last sold in May 2024 at AED 719 per sqft, 5% above what one-beds in Sherlock House 2 were fetching at the time (AED 685). Over the last 12 months one-beds sold for AED 870,000 to 1,080,000, around AED 1,007 per sqft, and rent for AED 50,000 to 95,000 a year. 115's AED 58,569 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 2026870,000
23 Jul 2026950,000
7 May 2026940,000
27 Feb 20261,075,000
7 1-bed sales in the last 12 months

Sherlock House 2

Building

111 apartments, studios to 3-bed over 5 floors in Uptown Motorcity. 11 sold in the last 12 months.

Typical price per sqft
AED 1,028 Up 3.1%
Typical sale
AED 1.08M
Typical rent
AED 90K /yr
Typical yield
7.3%
Sherlock House 2, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 111 units in Sherlock House 2
Value
1012-bedAED 1.9M · Mar 2026
1021-bedAED 690K · Jun 2009
1032-bedAED 982K · Jun 2009
1041-bedAED 700K · Sep 2023
1051-bedAED 750K · May 2013
1062-bedAED 810K · Jul 2012
1071-bedAED 690K · Jun 2009
1–7 of 21

115, Sherlock House 2 in numbers

  • Sold twice: first on 5 August 2009 for AED 736,000, last on 6 May 2024 for AED 750,000 (AED 719 per sqft).
  • Rented since June 2015 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 50,000 in 2020 and recovered to AED 58,569 by July 2024.
  • At AED 58,569 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 12,400 a year (AED 11.90 per sqft).
  • One-beds in Sherlock House 2 sold for AED 870,000–1,080,000 in the 12 months to November 2026; the building's median across all types is AED 1,028 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 115, Sherlock House 2

What did unit 115 last sell for?

AED 750,000 on 6 May 2024: AED 719 per sqft for 1,042 sqft. The unit has 2 registered sales; the first was AED 736,000 in August 2009.

What is the rent for unit 115?

AED 58,569 a year on the contract signed on 22 July 2024. The previous contract, from July 2020, was AED 50,000; the unit has been rented since June 2015.

How big is unit 115?

1,042 sqft (96.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherlock House 2 sold for AED 870,000 to 1,080,000 in the last 12 months, around AED 1,007 per sqft.

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Mortgage on 115, Sherlock House 2

Starts from the last sale price (AED 750K, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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