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1-bed · 1,070 sqftSherlock House 2, Uptown Motorcity · 3rd floor

323, Sherlock House 2

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 940K11 December 2024
Current rentAED 42K /yr23 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 323, Sherlock House 2

What is 323 worth today?

Last sold for AED 940,000 in 2024

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11 Dec 2024SoldReady
AED 940,000AED 878 per sqft
23 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 39 per sqft
16 Aug 2020SoldReady
AED 495,000AED 462 per sqft
18 Mar 2019RentedNew contract
AED 48,000/yr12 months · AED 45 per sqft
5 Sep 2017RentedRenewal
AED 66,150/yr6 months · AED 62 per sqft
5 Sep 2016RentedRenewal
AED 66,150/yr12 months · AED 62 per sqft
5 Sep 2015RentedRenewal
AED 63,000/yr12 months · AED 59 per sqft
5 Sep 2014RentedRenewal
AED 60,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
3rd of 5
Parking
788
Service charge
AED 12,700 /yr
Last sold
AED 940K · December 2024
Building
Sherlock House 2

About 323, Sherlock House 2

323 is a one-bedroom apartment of 1,070 sqft on the 3rd floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. It last sold on 11 December 2024 for AED 940,000, or AED 878 per sqft, 17% above the AED 750 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 23 September 2020, is AED 42,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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, June 2009: AED 769,000 (AED 718 per sqft)Sold, August 2020: AED 495,000 (AED 462 per sqft)Sold, December 2024: AED 940,000 (AED 878 per sqft)

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

Rents
Unit 323, 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, September 2012: AED 48,000 a yearRenewal, September 2013: AED 50,500 a yearRenewal, September 2014: AED 60,000 a yearRenewal, September 2015: AED 63,000 a yearRenewal, September 2016: AED 66,150 a yearRenewal, September 2017: AED 66,150 a yearNew contract, March 2019: AED 48,000 a yearNew contract, September 2020: AED 42,000 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 323 sits

All 56 1-beds →

323 last sold in December 2024 at AED 878 per sqft, 17% above what one-beds in Sherlock House 2 were fetching at the time (AED 750). 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. 323's AED 42,000 is at the bottom 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 3rd floor

All 111 units in Sherlock House 2
Value
3012-bedAED 1.7M · Apr 2025
3021-bedAED 950K · Jul 2026
3032-bedAED 810K · Feb 2021
3041-bedAED 539K · Oct 2009
3051-bedAED 620K · Jun 2022
3062-bedAED 1.01M · Apr 2019
3071-bedAED 990K · Feb 2014
1–7 of 24

323, Sherlock House 2 in numbers

  • Sold 3 times: first on 14 June 2009 for AED 769,000, last on 11 December 2024 for AED 940,000 (AED 878 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 48,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 12,700 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 11 December 2024.

Questions about 323, Sherlock House 2

What did unit 323 last sell for?

AED 940,000 on 11 December 2024: AED 878 per sqft for 1,070 sqft. The unit has 3 registered sales; the first was AED 769,000 in June 2009.

What is the rent for unit 323?

AED 42,000 a year on the contract signed on 23 September 2020. The previous contract, from March 2019, was AED 48,000; the unit has been rented since September 2012.

How big is unit 323?

1,070 sqft (99.4 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 323 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 323, Sherlock House 2

Starts from the last sale price (AED 940K, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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