2-bed · 1,762 sqftSherlock House 2, Uptown Motorcity · 4th floor

416, Sherlock House 2

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 1.1M14 September 2022
Current rentAED 72K /yr20 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Sherlock House 2

What is 416 worth today?

Last sold for AED 1,100,000 in 2022

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14 Sep 2022SoldReady
AED 1,100,000AED 624 per sqft
20 Aug 2021RentedRenewal
AED 72,000/yr12 months · AED 41 per sqft
20 Aug 2020RentedRenewal
AED 72,000/yr12 months · AED 41 per sqft
20 Aug 2019RentedRenewal
AED 90,000/yr12 months · AED 51 per sqft
20 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
11 Jul 2017RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft
11 Jul 2016RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft
11 Jul 2015RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
2-bed apartment
Size
1,762 sqft
Floor
4th of 5
Parking
407 in FXH8-460 in FXH8
Service charge
AED 21,000 /yr
Last sold
AED 1.1M · September 2022

About 416, Sherlock House 2

416 is a two-bedroom apartment of 1,762 sqft on the 4th floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. It last sold on 14 September 2022 for AED 1,100,000, or AED 624 per sqft, in line with the AED 627 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 20 August 2021, is AED 72,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 21,000 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical two-bed in Sherlock House 2
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,001,300; 2010 AED 1,000,000; 2012 AED 870,000; 2013 AED 1,200,000; 2014 AED 1,302,000; 2017 AED 1,103,800; 2019 AED 750,000; 2021 AED 810,000; 2022 AED 1,010,000; 2023 AED 1,100,000; 2024 AED 1,400,000; 2025 AED 1,640,000Sold by developer, November 2009: AED 667,500 (AED 378 per sqft)Sold, March 2013: AED 1,200,000 (AED 681 per sqft)Sold, September 2022: AED 1,100,000 (AED 624 per sqft)

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

Rents
Unit 416, each contractTypical two-bed in Sherlock House 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 72,000; 2013 AED 84,297; 2014 AED 102,500; 2015 AED 118,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 80,500; 2020 AED 68,000; 2021 AED 68,000; 2022 AED 73,875; 2023 AED 87,529; 2024 AED 105,000; 2025 AED 120,000; 2026 AED 112,500New contract, July 2014: AED 120,000 a yearRenewal, July 2015: AED 120,000 a yearRenewal, July 2016: AED 120,000 a yearRenewal, July 2017: AED 120,000 a yearNew contract, August 2018: AED 90,000 a yearRenewal, August 2019: AED 90,000 a yearRenewal, August 2020: AED 72,000 a yearRenewal, August 2021: AED 72,000 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 2, and where 416 sits

All 45 2-beds →

416 last sold in September 2022 at AED 624 per sqft, in line with what two-beds in Sherlock House 2 were fetching at the time (AED 627). Over the last 12 months two-beds sold for AED 1,600,000 to 1,950,000, around AED 1,178 per sqft, and rent for AED 85,000 to 130,000 a year. 416's AED 72,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,950,000
16 Mar 20261,900,000
17 Nov 20251,600,000
18 Aug 20252,000,000
3 2-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 4th floor

All 111 units in Sherlock House 2
Value
4012-bedAED 1.4M · Aug 2024
4021-bedAED 870K · Sep 2026
4032-bedAED 990K · Mar 2010
4041-bedAED 505K · Mar 2012
4051-bedAED 1.13M · Jul 2025
4062-bedAED 920K · Jul 2009
4071-bedAED 828K · Jun 2009
1–7 of 15

416, Sherlock House 2 in numbers

  • Sold 3 times: first on 8 November 2009 for AED 667,500, last on 14 September 2022 for AED 1,100,000 (AED 624 per sqft).
  • Rented since July 2014 on 8 Ejari contracts, from AED 120,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 21,000 a year (AED 11.90 per sqft).
  • Two-beds in Sherlock House 2 sold for AED 1,600,000–1,950,000 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 14 September 2022.

Questions about 416, Sherlock House 2

What did unit 416 last sell for?

AED 1,100,000 on 14 September 2022: AED 624 per sqft for 1,762 sqft. The unit has 3 registered sales; the first was AED 667,500 in November 2009.

What is the rent for unit 416?

AED 72,000 a year on the contract renewed on 20 August 2021. The previous contract, from August 2020, was AED 72,000; the unit has been rented since July 2014.

How big is unit 416?

1,762 sqft (163.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 416 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 2 sold for AED 1,600,000 to 1,950,000 in the last 12 months, around AED 1,178 per sqft.

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Mortgage on 416, Sherlock House 2

Starts from the last sale price (AED 1.1M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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