3-bed · 2,141 sqftSherlock House 2, Uptown Motorcity · 5th floor

504, Sherlock House 2

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 1.8M25 June 2024
Current rentAED 104K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Sherlock House 2

What is 504 worth today?

Last sold for AED 1,800,000 in 2024

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25 Jun 2024SoldReady
AED 1,800,000AED 840 per sqft
15 Nov 2019RentedRenewal
AED 104,000/yr12 months · AED 49 per sqft
15 Nov 2018RentedNew contract
AED 117,500/yr12 months · AED 55 per sqft
10 Nov 2016RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
7 Jul 2015RentedNew contract
AED 160,000/yr12 months · AED 75 per sqft
9 Sep 2009SoldReady
AED 650,000AED 303 per sqft
25 Aug 2009Sold by developerReady
AED 1,595,000AED 744 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
3-bed apartment
Size
2,141 sqft
Floor
5th of 5
Parking
400 in FXH8-467 in FXH8
Service charge
AED 25,500 /yr
Last sold
AED 1.8M · June 2024

About 504, Sherlock House 2

504 is a three-bedroom apartment of 2,141 sqft on the 5th floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. It last sold on 25 June 2024 for AED 1,800,000, or AED 840 per sqft.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 15 November 2019, is AED 104,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 25,500 a year.

Sales and rents for 504 over time

Rents
Unit 504, each contractTypical three-bed in Sherlock House 2
100K150K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 137,138; 2017 AED 123,670; 2018 AED 126,000; 2019 AED 110,000; 2020 AED 95,000; 2021 AED 96,000; 2023 AED 110,000; 2026 AED 147,000New contract, July 2015: AED 160,000 a yearNew contract, November 2016: AED 155,000 a yearNew contract, November 2018: AED 117,500 a yearRenewal, November 2019: AED 104,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sherlock House 2, and where 504 sits

All 9 3-beds →

Over the last 12 months three-beds sold for AED 2,375,000, around AED 1,109 per sqft, and rent for AED 110,000 to 160,000 a year. 504's AED 104,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Jun 20262,375,000
25 Jun 20252,350,000
31 Aug 20231,550,000
14 Jun 20231,660,000
1 3-bed sale 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
5031-bedAED 520K · Oct 2020
5052-bedAED 730K · Jul 2017

504, Sherlock House 2 in numbers

  • Sold 3 times: first on 25 August 2009 for AED 1,595,000, last on 25 June 2024 for AED 1,800,000 (AED 840 per sqft).
  • Rented since July 2015 on 4 Ejari contracts, from AED 160,000 to AED 104,000 a year.
  • At AED 104,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 25,500 a year (AED 11.90 per sqft).
  • Three-beds in Sherlock House 2 sold for AED 2,375,000–2,375,000 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 25 June 2024.

Questions about 504, Sherlock House 2

What did unit 504 last sell for?

AED 1,800,000 on 25 June 2024: AED 840 per sqft for 2,141 sqft. The unit has 3 registered sales; the first was AED 1,595,000 in August 2009.

What is the rent for unit 504?

AED 104,000 a year on the contract renewed on 15 November 2019. The previous contract, from November 2018, was AED 117,500; the unit has been rented since July 2015.

How big is unit 504?

2,141 sqft (198.9 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sherlock House 2 sold for AED 2,375,000 to 2,375,000 in the last 12 months, around AED 1,109 per sqft.

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Mortgage on 504, Sherlock House 2

Starts from the last sale price (AED 1.8M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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