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2-bed · 1,358 sqftSherlock House 1, Uptown Motorcity · 2nd floor

216, Sherlock House 1

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 987K17 May 2009
Current rentAED 80K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Sherlock House 1

What is 216 worth today?

Last sold for AED 987,000 in 2009

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1 Jan 2023RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
1 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
1 Jan 2021RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
1 Jan 2019RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
1 Jan 2018RentedNew contract · flagged as an outlier
AED 300,000/yr12 months · AED 221 per sqft
17 May 2009Sold by developerReady
AED 987,000AED 726 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2023.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
2nd of 5
Parking
63-64
Service charge
AED 16,200 /yr
Last sold
AED 987K · May 2009
Building
Sherlock House 1

About 216, Sherlock House 1

216 is a two-bedroom apartment of 1,358 sqft on the 2nd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. The developer sold it on 17 May 2009 for AED 987,000, or AED 726 per sqft, in line with the AED 719 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 80,000 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 16,200 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical two-bed in Sherlock House 1
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,054,000; 2010 AED 764,000; 2012 AED 840,000; 2013 AED 1,150,000; 2016 AED 1,400,000; 2017 AED 1,118,400; 2020 AED 737,500; 2021 AED 880,000; 2023 AED 1,167,500; 2024 AED 1,380,000; 2025 AED 1,650,000Sold by developer, May 2009: AED 987,000 (AED 726 per sqft)

216 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 216, each contractTypical two-bed in Sherlock House 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 110,000; 2015 AED 117,500; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 98,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 68,375; 2022 AED 77,000; 2023 AED 86,000; 2024 AED 94,601; 2025 AED 117,500Renewal, January 2019: AED 80,000 a yearRenewal, January 2021: AED 80,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 80,000 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 1, and where 216 sits

All 43 2-beds →

216 last sold in May 2009 at AED 726 per sqft, in line with what two-beds in Sherlock House 1 were fetching at the time (AED 719). 216's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20251,416,598
30 May 20251,825,000
4 Mar 20251,650,000
5 Sep 20241,470,000
0 2-bed sales in the last 12 months

Sherlock House 1

Building

111 apartments, studios to 3-bed over 5 floors in Uptown Motorcity. 2 sold in the last 12 months.

Typical price per sqft
AED 967
Typical sale
AED 1M
Typical rent
AED 76K /yr
Typical yield
7.3%
Sherlock House 1, Uptown Motorcity: prices, sales and rents →

Other units on the 2nd floor

All 111 units in Sherlock House 1
Value
2012-bedAED 1.3M · Aug 2023
2021-bedAED 980K · Jun 2015
2032-bedAED 1.47M · Sep 2024
2041-bedAED 970K · Mar 2014
2051-bedAED 358K · May 2019
2062-bedAED 960K · Dec 2009
207AED 690K · May 2019
1–7 of 24

216, Sherlock House 1 in numbers

  • Sold once: by the developer on 17 May 2009 for AED 987,000, or AED 726 per sqft.
  • Rented since January 2018 on 5 Ejari contracts, from AED 300,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 8.1%, before a service charge of about AED 16,200 a year (AED 11.90 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2023.

Questions about 216, Sherlock House 1

What did unit 216 last sell for?

AED 987,000 on 17 May 2009, sold by the developer: AED 726 per sqft for 1,358 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 80,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 80,000; the unit has been rented since January 2018.

How big is unit 216?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 216, Sherlock House 1

Starts from the last sale price (AED 987K, 17 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 987,000
Deposit, UAE resident (20%)
AED 197,400
Deposit, non-resident (40%)
AED 394,800
Monthly over 25 years at 3.7%
AED 4,038

Plus AED 46,464 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →