2-bed · 1,762 sqftSherlock House 2, Uptown Motorcity · 5th floor

505, Sherlock House 2

Sold prices and rental history: sold 3 times, last in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 26 July 2017
Last soldAED 730K26 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Sherlock House 2

What is 505 worth today?

Last sold for AED 730,000 in 2017

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26 Jul 2017SoldReady
AED 730,000AED 414 per sqft
8 Oct 2012SoldReady
AED 1,000,000AED 567 per sqft
14 Jun 2009Sold by developerReady
AED 1,340,000AED 760 per sqft

Source: Dubai Land Department. Updated 26 July 2017.

Key facts

Type
2-bed apartment
Size
1,762 sqft
Floor
5th of 5
Parking
403 in FXH8-464 in FXH8
Service charge
AED 21,000 /yr
Last sold
AED 730K · July 2017

About 505, Sherlock House 2

505 is a two-bedroom apartment of 1,762 sqft on the 5th floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. It last sold on 26 July 2017 for AED 730,000, or AED 414 per sqft, 31% below the AED 600 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Sherlock House 2
1M1.5M2009201420192024Typical 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, June 2009: AED 1,340,000 (AED 760 per sqft)Sold, October 2012: AED 1,000,000 (AED 567 per sqft)Sold, July 2017: AED 730,000 (AED 414 per sqft)

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

Rents
Unit 505, 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 112,500

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 505 sits

All 45 2-beds →

505 last sold in July 2017 at AED 414 per sqft, 31% below what two-beds in Sherlock House 2 were fetching at the time (AED 600). 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.

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 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
5043-bedAED 1.8M · Jun 2024

505, Sherlock House 2 in numbers

  • Sold 3 times: first on 14 June 2009 for AED 1,340,000, last on 26 July 2017 for AED 730,000 (AED 414 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 26 July 2017.

Questions about 505, Sherlock House 2

What did unit 505 last sell for?

AED 730,000 on 26 July 2017: AED 414 per sqft for 1,762 sqft. The unit has 3 registered sales; the first was AED 1,340,000 in June 2009.

How big is unit 505?

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

What is unit 505 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 505, Sherlock House 2

Starts from the last sale price (AED 730K, 26 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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