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

203, Sherlock House 2

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 987K14 June 2009
Current rentAED 120K /yr9 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Sherlock House 2

What is 203 worth today?

Last sold for AED 987,000 in 2009

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9 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
25 Mar 2023RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
25 Aug 2022RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
25 Aug 2021RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
1 Aug 2018RentedRenewal
AED 95,000/yr12 months · AED 70 per sqft
1 Aug 2017RentedRenewal
AED 110,000/yr12 months · AED 81 per sqft
1 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
1 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
2nd of 5
Parking
83-84
Service charge
AED 16,200 /yr
Last sold
AED 987K · June 2009
Building
Sherlock House 2

About 203, Sherlock House 2

203 is a two-bedroom apartment of 1,358 sqft on the 2nd floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. The developer sold it on 14 June 2009 for AED 987,000, or AED 726 per sqft, in line with the AED 723 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 9 August 2024, is AED 120,000 a year: a gross yield of 12.2% on the 2009 price, before the service charge of about AED 16,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Sherlock House 2
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,001,300; 2010 AED 1,007,500; 2012 AED 870,000; 2013 AED 1,200,000; 2014 AED 1,302,000; 2017 AED 1,103,800; 2019 AED 750,000; 2021 AED 785,000; 2022 AED 1,010,000; 2023 AED 1,100,000; 2024 AED 1,400,000; 2025 AED 1,615,000Sold by developer, June 2009: AED 987,000 (AED 726 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Sherlock House 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 72,000; 2013 AED 84,297; 2014 AED 100,000; 2015 AED 118,000; 2016 AED 118,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 72,000; 2021 AED 67,500; 2022 AED 72,500; 2023 AED 89,625; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 102,644New contract, January 2015: AED 98,000 a yearRenewal, January 2016: AED 100,000 a yearNew contract, August 2016: AED 110,000 a yearNew contract, August 2016: AED 110,000 a yearRenewal, August 2017: AED 110,000 a yearRenewal, August 2018: AED 95,000 a yearNew contract, August 2021: AED 65,000 a yearNew contract, August 2022: AED 65,000 a yearNew contract, March 2023: AED 90,000 a yearNew contract, August 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 2, and where 203 sits

All 42 2-beds →

203 last sold in June 2009 at AED 726 per sqft, in line with what two-beds in Sherlock House 2 were fetching at the time (AED 723). Over the last 12 months two-beds sold for AED 1,600,000, around AED 1,178 per sqft, and rent for AED 85,000 to 120,000 a year. 203's AED 120,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20251,690,000
19 May 20251,680,000
5 May 20251,550,000
28 Apr 20251,700,000
1 2-bed sale in the last 12 months

Sherlock House 2

Building

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

Typical price per sqft
AED 1,051
Typical sale
AED 1.08M
Typical rent
AED 85K /yr
Typical yield
7.3%
Sherlock House 2, Uptown Motorcity: prices, sales and rents →

Other units on the 2nd floor

All 111 units in Sherlock House 2
Value
2012-bedAED 1.25M · Mar 2023
2021-bedAED 660K · Aug 2009
2041-bedAED 450K · Dec 2020
205AED 1.01M · Nov 2025
2062-bedAED 1.06M · Jun 2009
2071-bedAED 250K · Jul 2021
2081-bedAED 348K · Nov 2009
1–7 of 24

203, Sherlock House 2 in numbers

  • Sold once: by the developer on 14 June 2009 for AED 987,000, or AED 726 per sqft.
  • Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 98,000 to AED 65,000 in 2022 and recovered to AED 120,000 by August 2024.
  • At AED 120,000 a year the gross yield on the 2009 price is 12.2%, before a service charge of about AED 16,200 a year (AED 11.90 per sqft).
  • Two-beds in Sherlock House 2 sold for AED 1,600,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,051 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Questions about 203, Sherlock House 2

What did unit 203 last sell for?

AED 987,000 on 14 June 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 203?

AED 120,000 a year on the contract signed on 9 August 2024. The previous contract, from March 2023, was AED 90,000; the unit has been rented since January 2015.

How big is unit 203?

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

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherlock House 2 sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 1,178 per sqft.

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Mortgage on 203, Sherlock House 2

Starts from the last sale price (AED 987K, 14 June 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 →