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2-bed · 1,471 sqftSherlock House 1, Uptown Motorcity · 3rd floor

306, Sherlock House 1

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.

Unit 306 · DLD and Ejari recordsUpdated 19 January 2024
Last soldAED 1.08M15 June 2009
Current rentAED 120K /yr19 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Sherlock House 1

What is 306 worth today?

Last sold for AED 1,077,000 in 2009

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19 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
8 Sep 2022RentedNew contract
AED 82,000/yr12 months · AED 56 per sqft
9 Aug 2021RentedNew contract
AED 78,000/yr12 months · AED 53 per sqft
17 Jun 2019RentedNew contract
AED 80,000/yr13 months · AED 54 per sqft
10 Jul 2018RentedRenewal
AED 120,000/yr3 months · AED 82 per sqft
10 Jan 2018RentedNew contract
AED 110,000/yr6 months · AED 75 per sqft
10 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
6 Jul 2015RentedNew contract
AED 92,400/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 January 2024.

Key facts

Type
2-bed apartment
Size
1,471 sqft
Floor
3rd of 5
Parking
89-90
Service charge
AED 17,500 /yr
Last sold
AED 1.08M · June 2009
Building
Sherlock House 1

About 306, Sherlock House 1

306 is a two-bedroom apartment of 1,471 sqft on the 3rd floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. The developer sold it on 15 June 2009 for AED 1,077,000, or AED 732 per sqft, in line with the AED 723 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 19 January 2024, is AED 120,000 a year: a gross yield of 11.1% on the 2009 price, before the service charge of about AED 17,500 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, June 2009: AED 1,077,000 (AED 732 per sqft)

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

Rents
Unit 306, 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 117,500New contract, July 2013: AED 80,000 a yearNew contract, July 2014: AED 88,000 a yearNew contract, July 2015: AED 92,400 a yearNew contract, January 2017: AED 110,000 a yearNew contract, January 2018: AED 110,000 a yearRenewal, July 2018: AED 120,000 a yearNew contract, June 2019: AED 80,000 a yearNew contract, August 2021: AED 78,000 a yearNew contract, September 2022: AED 82,000 a yearNew contract, January 2024: AED 120,000 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 306 sits

All 43 2-beds →

306 last sold in June 2009 at AED 732 per sqft, in line with what two-beds in Sherlock House 1 were fetching at the time (AED 723). 306's AED 120,000 is at the top 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 3rd floor

All 111 units in Sherlock House 1
Value
3012-bedAED 1.65M · Mar 2025
3021-bedAED 925K · Apr 2025
303AED 1.52M · Sep 2025
3041-bedAED 600K · Mar 2023
3051-bedAED 625K · Feb 2022
3071-bedAED 560K · Jul 2009
308AED 940K · Nov 2025
1–7 of 24

306, Sherlock House 1 in numbers

  • Sold once: by the developer on 15 June 2009 for AED 1,077,000, or AED 732 per sqft.
  • Rented since July 2013 on 10 Ejari contracts, from AED 80,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2009 price is 11.1%, before a service charge of about AED 17,500 a year (AED 11.90 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 19 January 2024.

Questions about 306, Sherlock House 1

What did unit 306 last sell for?

AED 1,077,000 on 15 June 2009, sold by the developer: AED 732 per sqft for 1,471 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 120,000 a year on the contract signed on 19 January 2024. The previous contract, from September 2022, was AED 82,000; the unit has been rented since July 2013.

How big is unit 306?

1,471 sqft (136.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 306 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 306, Sherlock House 1

Starts from the last sale price (AED 1.08M, 15 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,077,000
Deposit, UAE resident (20%)
AED 215,400
Deposit, non-resident (40%)
AED 430,800
Monthly over 25 years at 3.7%
AED 4,406

Plus AED 50,244 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →