Studio · 681 sqftSherlock House 2, Uptown Motorcity · 1st floor

122, Sherlock House 2

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 25 February 2024
Last soldAED 451K20 October 2023
Current rentAED 47K /yr25 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Sherlock House 2

What is 122 worth today?

Last sold for AED 450,713 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Feb 2024RentedNew contract
AED 47,000/yr12 months · AED 69 per sqft
20 Oct 2023Sold by developerReady
AED 450,713AED 661 per sqft
26 Feb 2023RentedRenewal
AED 16,250/yr24 months · AED 24 per sqft
25 Feb 2023RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft
26 Dec 2021RentedNew contract
AED 27,857/yr14 months · AED 41 per sqft
1 Sep 2019RentedNew contract
AED 39,979/yr12 months · AED 59 per sqft
1 Mar 2018RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
29 Dec 2016RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 25 February 2024.

Key facts

Type
Studio apartment
Size
681 sqft
Floor
1st of 5
Parking
1069 in FXH8
Service charge
AED 8,100 /yr
Last sold
AED 451K · October 2023

About 122, Sherlock House 2

122 is a studio of 681 sqft on the 1st floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. The developer sold it on 20 October 2023 for AED 450,713, or AED 661 per sqft.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 25 February 2024, is AED 47,000 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 8,100 a year.

Studios in Sherlock House 2, and where 122 sits

All 1 studios →
0 studio 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

122, Sherlock House 2 in numbers

  • Sold once: by the developer on 20 October 2023 for AED 450,713, or AED 661 per sqft.
  • Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 16,250 in 2023 and recovered to AED 47,000 by February 2024.
  • At AED 47,000 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 8,100 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 25 February 2024.

Questions about 122, Sherlock House 2

What did unit 122 last sell for?

AED 450,713 on 20 October 2023, sold by the developer: AED 661 per sqft for 681 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 47,000 a year on the contract signed on 25 February 2024. The previous contract, from February 2023, was AED 16,250; the unit has been rented since December 2016.

How big is unit 122?

681 sqft (63.3 sqm): a studio on the 1st floor of a 5-storey tower.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 122? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 122, Sherlock House 2

Starts from the last sale price (AED 451K, 20 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,713
Deposit, UAE resident (20%)
AED 90,143
Deposit, non-resident (40%)
AED 180,285
Monthly over 25 years at 3.7%
AED 1,844

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