2-bed · 1,762 sqftSherlock House 1, Uptown Motorcity · 4th floor

416, Sherlock House 1

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 8 March 2025
Last soldAED 950K23 May 2021
Current rentAED 115K /yr8 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Sherlock House 1

What is 416 worth today?

Last sold for AED 950,000 in 2021

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8 Mar 2025RentedRenewal
AED 115,000/yr12 months · AED 65 per sqft
8 Mar 2024RentedRenewal
AED 96,000/yr12 months · AED 54 per sqft
8 Mar 2023RentedRenewal
AED 86,000/yr12 months · AED 49 per sqft
8 Mar 2022RentedNew contract
AED 77,500/yr12 months · AED 44 per sqft
23 May 2021SoldReady
AED 950,000AED 539 per sqft
8 Mar 2021RentedRenewal
AED 77,500/yr12 months · AED 44 per sqft
8 Mar 2020RentedRenewal
AED 90,000/yr12 months · AED 51 per sqft
8 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2025.

Key facts

Type
2-bed apartment
Size
1,762 sqft
Floor
4th of 5
Parking
397 in FXH7-714 in FXH7
Service charge
AED 21,000 /yr
Last sold
AED 950K · May 2021

About 416, Sherlock House 1

416 is a two-bedroom apartment of 1,762 sqft on the 4th floor of Sherlock House 1, a 5-storey tower in Uptown Motorcity. It last sold on 23 May 2021 for AED 950,000, or AED 539 per sqft, 4% above the AED 516 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 8 March 2025, is AED 115,000 a year: a gross yield of 12.1% on the 2021 price, before the service charge of about AED 21,000 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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 1,268,250 (AED 719 per sqft)Sold, January 2013: AED 1,150,000 (AED 652 per sqft)Sold, May 2021: AED 950,000 (AED 539 per sqft)

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

Rents
Unit 416, each contractTypical two-bed in Sherlock House 1
100K2012201620202024Typical 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, February 2015: AED 130,000 a yearNew contract, March 2016: AED 130,000 a yearRenewal, March 2017: AED 130,000 a yearNew contract, March 2019: AED 95,000 a yearRenewal, March 2020: AED 90,000 a yearRenewal, March 2021: AED 77,500 a yearNew contract, March 2022: AED 77,500 a yearRenewal, March 2023: AED 86,000 a yearRenewal, March 2024: AED 96,000 a yearRenewal, March 2025: AED 115,000 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 416 sits

All 43 2-beds →

416 last sold in May 2021 at AED 539 per sqft, 4% above what two-beds in Sherlock House 1 were fetching at the time (AED 516). 416's AED 115,000 is in the upper 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
4032-bedAED 990K · Jun 2010
4041-bedAED 735K · Jun 2013
4051-bedAED 915K · Feb 2018
4062-bedAED 1.45M · Apr 2015
4071-bedAED 1.05M · Jan 2026
1–7 of 15

416, Sherlock House 1 in numbers

  • Sold 3 times: first on 11 May 2009 for AED 1,268,250, last on 23 May 2021 for AED 950,000 (AED 539 per sqft).
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 77,500 in 2022 and recovered to AED 115,000 by March 2025.
  • At AED 115,000 a year the gross yield on the 2021 price is 12.1%, before a service charge of about AED 21,000 a year (AED 11.90 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2025.

Questions about 416, Sherlock House 1

What did unit 416 last sell for?

AED 950,000 on 23 May 2021: AED 539 per sqft for 1,762 sqft. The unit has 3 registered sales; the first was AED 1,268,250 in May 2009.

What is the rent for unit 416?

AED 115,000 a year on the contract renewed on 8 March 2025. The previous contract, from March 2024, was AED 96,000; the unit has been rented since February 2015.

How big is unit 416?

1,762 sqft (163.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 416 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 416, Sherlock House 1

Starts from the last sale price (AED 950K, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →