2-bed · 1,332 sqftSherlock House 1, Uptown Motorcity · 4th floor

403, Sherlock House 1

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 990K28 June 2010
Current rentAED 93K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Sherlock House 1

What is 403 worth today?

Last sold for AED 990,000 in 2010

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20 Jun 2025RentedRenewal
AED 93,170/yr12 months · AED 70 per sqft
20 Jun 2024RentedRenewal
AED 84,700/yr12 months · AED 64 per sqft
20 Jun 2023RentedRenewal
AED 77,000/yr12 months · AED 58 per sqft
20 Jun 2021RentedRenewal
AED 65,000/yr12 months · AED 49 per sqft
20 Jun 2020RentedRenewal
AED 78,000/yr12 months · AED 59 per sqft
20 Jun 2018RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
20 Jun 2017RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
1 Aug 2016RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.

Key facts

Type
2-bed apartment
Size
1,332 sqft
Floor
4th of 5
Parking
28-29
Service charge
AED 15,900 /yr
Last sold
AED 990K · June 2010

About 403, Sherlock House 1

403 is a two-bedroom apartment of 1,332 sqft on the 4th floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. The developer sold it on 28 June 2010 for AED 990,000, or AED 743 per sqft, 9% above the AED 679 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 20 June 2025, is AED 93,170 a year: a gross yield of 9.4% on the 2010 price, before the service charge of about AED 15,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 2010: AED 990,000 (AED 743 per sqft)

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

Rents
Unit 403, 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 2015: AED 115,000 a yearNew contract, August 2016: AED 120,000 a yearNew contract, June 2017: AED 105,000 a yearNew contract, June 2018: AED 100,000 a yearRenewal, June 2020: AED 78,000 a yearRenewal, June 2021: AED 65,000 a yearRenewal, June 2023: AED 77,000 a yearRenewal, June 2024: AED 84,700 a yearRenewal, June 2025: AED 93,170 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 403 sits

All 43 2-beds →

403 last sold in June 2010 at AED 743 per sqft, 9% above what two-beds in Sherlock House 1 were fetching at the time (AED 679). 403's AED 93,170 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 4th floor

All 111 units in Sherlock House 1
Value
4012-bedAED 1.53M · Aug 2017
4021-bedAED 980K · May 2025
4041-bedAED 735K · Jun 2013
4051-bedAED 915K · Feb 2018
4062-bedAED 1.45M · Apr 2015
4071-bedAED 1.05M · Jan 2026
4083-bedAED 1.43M · Mar 2019
1–7 of 15

403, Sherlock House 1 in numbers

  • Sold once: by the developer on 28 June 2010 for AED 990,000, or AED 743 per sqft.
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2021 and recovered to AED 93,170 by June 2025.
  • At AED 93,170 a year the gross yield on the 2010 price is 9.4%, before a service charge of about AED 15,900 a year (AED 11.90 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.

Questions about 403, Sherlock House 1

What did unit 403 last sell for?

AED 990,000 on 28 June 2010, sold by the developer: AED 743 per sqft for 1,332 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 93,170 a year on the contract renewed on 20 June 2025. The previous contract, from June 2024, was AED 84,700; the unit has been rented since July 2015.

How big is unit 403?

1,332 sqft (123.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 403 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 403, Sherlock House 1

Starts from the last sale price (AED 990K, 28 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

Plus AED 46,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →