
502, Sherlock House 2
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Sherlock House 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,652 sqft
- Floor
- 5th of 5
- Parking
- 401 in FXH8-466 in FXH8
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.22M · June 2009
- Building
- Sherlock House 2
About 502, Sherlock House 2
502 is a two-bedroom apartment of 1,652 sqft on the 5th floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. The developer sold it on 14 June 2009 for AED 1,218,000, or AED 737 per sqft, in line with the AED 725 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 89,250 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 19,700 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 45 2-beds →502 last sold in June 2009 at AED 737 per sqft, in line with what two-beds in Sherlock House 2 were fetching at the time (AED 725). 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. 502's AED 89,250 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,652 sqft | 1,950,000 | 1,180 | ||
| 16 Mar 202616 March 2026 | 1,698 sqft | 1,900,000 | 1,118 | ||
| 17 Nov 202517 November 2025 | 1,358 sqft | 1,600,000 | 1,178 | ||
| 18 Aug 202518 August 2025 | 1,430 sqft | 2,000,000 | 1,398 |
Sherlock House 2
Building111 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%
Other units on the 5th floor
All 111 units in Sherlock House 2502, Sherlock House 2 in numbers
- Sold once: by the developer on 14 June 2009 for AED 1,218,000, or AED 737 per sqft.
- Rented since June 2013 on 13 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2020 and recovered to AED 89,250 by February 2025.
- At AED 89,250 a year the gross yield on the 2009 price is 7.3%, before a service charge of about AED 19,700 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 1 February 2025.
Questions about 502, Sherlock House 2
What did unit 502 last sell for?
AED 1,218,000 on 14 June 2009, sold by the developer: AED 737 per sqft for 1,652 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 89,250 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 89,250; the unit has been rented since June 2013.
How big is unit 502?
1,652 sqft (153.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 502 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 502, Sherlock House 2
Starts from the last sale price (AED 1.22M, 14 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,218,000
- Deposit, UAE resident (20%)
- AED 243,600
- Deposit, non-resident (40%)
- AED 487,200
- Monthly over 25 years at 3.7%
- AED 4,983
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →