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1-bed · 1,070 sqftSherlock House 1, Uptown Motorcity · 3rd floor

323, 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 323 · DLD and Ejari recordsUpdated 22 March 2025
Last soldAED 769K15 June 2009
Current rentAED 75K /yr22 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Sherlock House 1

What is 323 worth today?

Last sold for AED 769,000 in 2009

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22 Mar 2025RentedNew contract
AED 75,000/yr12 months · AED 70 per sqft
25 Oct 2023RentedRenewal
AED 55,650/yr12 months · AED 52 per sqft
25 Oct 2022RentedRenewal
AED 53,000/yr12 months · AED 50 per sqft
25 Oct 2021RentedNew contract
AED 49,000/yr12 months · AED 46 per sqft
10 May 2018RentedNew contract
AED 67,000/yr12 months · AED 63 per sqft
15 Aug 2017RentedNew contract
AED 70,000/yr12 months · AED 65 per sqft
10 Aug 2016RentedRenewal
AED 72,000/yr12 months · AED 68 per sqft
10 Aug 2014RentedNew contract
AED 68,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 March 2025.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
3rd of 5
Parking
799 in FXH7
Service charge
AED 12,700 /yr
Last sold
AED 769K · June 2009
Building
Sherlock House 1

About 323, Sherlock House 1

323 is a one-bedroom apartment of 1,070 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 769,000, or AED 718 per sqft, in line with the AED 733 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 22 March 2025, is AED 75,000 a year: a gross yield of 9.8% on the 2009 price, before the service charge of about AED 12,700 a year.

Sales and rents for 323 over time

Sales
Unit 323, each saleTypical one-bed in Sherlock House 1
500K750K1M2009201420192024Typical sale price by year: 2009 AED 695,000; 2010 AED 600,000; 2012 AED 530,000; 2013 AED 735,000; 2014 AED 1,040,000; 2015 AED 952,500; 2016 AED 850,000; 2021 AED 525,000; 2023 AED 625,000; 2024 AED 850,000; 2025 AED 952,500Sold by developer, June 2009: AED 769,000 (AED 718 per sqft)

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

Rents
Unit 323, each contractTypical one-bed in Sherlock House 1
40K60K80K2010201520202025Typical rent by year: 2010 AED 45,000; 2011 AED 43,000; 2012 AED 43,000; 2013 AED 53,875; 2014 AED 75,000; 2015 AED 76,000; 2016 AED 78,000; 2017 AED 75,000; 2018 AED 67,000; 2019 AED 54,000; 2020 AED 45,000; 2021 AED 41,500; 2022 AED 48,000; 2023 AED 55,650; 2024 AED 68,125; 2025 AED 70,000; 2026 AED 77,500New contract, August 2013: AED 64,000 a yearNew contract, August 2014: AED 68,000 a yearRenewal, August 2016: AED 72,000 a yearNew contract, August 2017: AED 70,000 a yearNew contract, May 2018: AED 67,000 a yearNew contract, October 2021: AED 49,000 a yearRenewal, October 2022: AED 53,000 a yearRenewal, October 2023: AED 55,650 a yearNew contract, March 2025: AED 75,000 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 1, and where 323 sits

All 52 1-beds →

323 last sold in June 2009 at AED 718 per sqft, in line with what one-beds in Sherlock House 1 were fetching at the time (AED 733). Over the last 12 months one-beds sold for AED 950,000 to 1,050,000, around AED 967 per sqft, and rent for AED 55,440 to 83,000 a year. 323's AED 75,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,050,000
26 May 2025980,000
22 Apr 2025925,000
17 Apr 2025890,000
2 1-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
3062-bedAED 1.08M · Jun 2009
3071-bedAED 560K · Jul 2009
1–7 of 24

323, Sherlock House 1 in numbers

  • Sold once: by the developer on 15 June 2009 for AED 769,000, or AED 718 per sqft.
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 64,000 to AED 49,000 in 2021 and recovered to AED 75,000 by March 2025.
  • At AED 75,000 a year the gross yield on the 2009 price is 9.8%, before a service charge of about AED 12,700 a year (AED 11.90 per sqft).
  • One-beds in Sherlock House 1 sold for AED 950,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 967 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 March 2025.

Questions about 323, Sherlock House 1

What did unit 323 last sell for?

AED 769,000 on 15 June 2009, sold by the developer: AED 718 per sqft for 1,070 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 75,000 a year on the contract signed on 22 March 2025. The previous contract, from October 2023, was AED 55,650; the unit has been rented since August 2013.

How big is unit 323?

1,070 sqft (99.4 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 323 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 1 sold for AED 950,000 to 1,050,000 in the last 12 months, around AED 967 per sqft.

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Mortgage on 323, Sherlock House 1

Starts from the last sale price (AED 769K, 15 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 769,000
Deposit, UAE resident (20%)
AED 153,800
Deposit, non-resident (40%)
AED 307,600
Monthly over 25 years at 3.7%
AED 3,146

Plus AED 37,308 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →