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1-bed · 1,070 sqftSherlock House 2, Uptown Motorcity · 5th floor

503, Sherlock House 2

Sold prices and rental history: sold 3 times, last in October 2020, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 18 October 2020
Last soldAED 520K18 October 2020
Current rentAED 72K /yr1 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Sherlock House 2

What is 503 worth today?

Last sold for AED 520,000 in 2020

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18 Oct 2020SoldReady
AED 520,000AED 485 per sqft
1 Nov 2013RentedNew contract
AED 72,000/yr12 months · AED 68 per sqft
3 Oct 2013SoldReady
AED 895,000AED 836 per sqft
20 Aug 2009Sold by developerReady
AED 779,000AED 728 per sqft

Source: Dubai Land Department. Updated 18 October 2020.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
5th of 5
Parking
113 in FXH8
Service charge
AED 12,700 /yr
Last sold
AED 520K · October 2020
Building
Sherlock House 2

About 503, Sherlock House 2

503 is a one-bedroom apartment of 1,070 sqft on the 5th floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. It last sold on 18 October 2020 for AED 520,000, or AED 485 per sqft, in line with the AED 475 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2013. The current contract, signed on 1 November 2013, is AED 72,000 a year: a gross yield of 13.9% on the 2020 price, before the service charge of about AED 12,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 779,000 (AED 728 per sqft)Sold, October 2013: AED 895,000 (AED 836 per sqft)Sold, October 2020: AED 520,000 (AED 485 per sqft)

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

Rents
Unit 503, 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, November 2013: AED 72,000 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 503 sits

All 56 1-beds →

503 last sold in October 2020 at AED 485 per sqft, in line with what one-beds in Sherlock House 2 were fetching at the time (AED 475). 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. 503's AED 72,000 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 5th floor

All 111 units in Sherlock House 2
Value
5012-bedAED 600K · May 2013
5022-bedAED 1.22M · Jun 2009
5043-bedAED 1.8M · Jun 2024
5052-bedAED 730K · Jul 2017

503, Sherlock House 2 in numbers

  • Sold 3 times: first on 20 August 2009 for AED 779,000, last on 18 October 2020 for AED 520,000 (AED 485 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2020 price is 13.9%, 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 18 October 2020.

Questions about 503, Sherlock House 2

What did unit 503 last sell for?

AED 520,000 on 18 October 2020: AED 485 per sqft for 1,070 sqft. The unit has 3 registered sales; the first was AED 779,000 in August 2009.

What is the rent for unit 503?

AED 72,000 a year on the contract signed on 1 November 2013.

How big is unit 503?

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

What is unit 503 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 503, Sherlock House 2

Starts from the last sale price (AED 520K, 18 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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