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1-bed · 1,052 sqftSherlock House 2, Uptown Motorcity · 2nd floor

218, Sherlock House 2

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 610K8 October 2012
Current rentAED 60K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Sherlock House 2

What is 218 worth today?

Last sold for AED 610,160 in 2012

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15 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 57 per sqft
15 Oct 2023RentedRenewal
AED 50,600/yr12 months · AED 48 per sqft
15 Oct 2022RentedRenewal
AED 46,000/yr12 months · AED 44 per sqft
28 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 43 per sqft
25 Feb 2020RentedRenewal
AED 60,000/yr12 months · AED 57 per sqft
25 Feb 2019RentedRenewal
AED 65,000/yr12 months · AED 62 per sqft
8 Oct 2015RentedNew contract
AED 77,000/yr12 months · AED 73 per sqft
4 Oct 2014RentedNew contract
AED 67,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
1,052 sqft
Floor
2nd of 5
Parking
73
Service charge
AED 12,500 /yr
Last sold
AED 610K · October 2012
Building
Sherlock House 2

About 218, Sherlock House 2

218 is a one-bedroom apartment of 1,052 sqft on the 2nd floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. The developer sold it on 8 October 2012 for AED 610,160, or AED 580 per sqft, 13% above the AED 514 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 60,000 a year: a gross yield of 9.8% on the 2012 price, before the service charge of about AED 12,500 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical one-bed in Sherlock House 2
500K750K1M2009201420192024Typical sale price by year: 2009 AED 695,000; 2010 AED 690,000; 2012 AED 505,000; 2013 AED 760,000; 2014 AED 860,000; 2015 AED 950,000; 2016 AED 900,000; 2017 AED 415,000; 2020 AED 497,500; 2021 AED 490,000; 2022 AED 640,000; 2023 AED 621,000; 2024 AED 790,000; 2025 AED 925,000Sold by developer, October 2012: AED 610,160 (AED 580 per sqft)

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

Rents
Unit 218, each contractTypical one-bed in Sherlock House 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 49,500; 2013 AED 60,000; 2014 AED 70,000; 2015 AED 78,000; 2016 AED 76,000; 2017 AED 74,900; 2018 AED 65,000; 2019 AED 50,114; 2020 AED 42,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 53,000; 2024 AED 60,000; 2025 AED 66,500New contract, October 2013: AED 67,000 a yearNew contract, October 2014: AED 67,000 a yearNew contract, October 2015: AED 77,000 a yearRenewal, February 2019: AED 65,000 a yearRenewal, February 2020: AED 60,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, October 2022: AED 46,000 a yearRenewal, October 2023: AED 50,600 a yearRenewal, October 2024: AED 60,000 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 2, and where 218 sits

All 54 1-beds →

218 last sold in October 2012 at AED 580 per sqft, 13% above what one-beds in Sherlock House 2 were fetching at the time (AED 514). Over the last 12 months one-beds sold for AED 1,000,000 to 1,080,000, around AED 1,001 per sqft, and rent for AED 57,000 to 90,000 a year. 218's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20261,080,000
21 Jul 20251,130,000
26 Jun 2025850,000
23 Jun 20251,200,000
2 1-bed sales 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
2032-bedAED 987K · Jun 2009
2041-bedAED 450K · Dec 2020
205AED 1.01M · Nov 2025
2062-bedAED 1.06M · Jun 2009
2071-bedAED 250K · Jul 2021
1–7 of 24

218, Sherlock House 2 in numbers

  • Sold once: by the developer on 8 October 2012 for AED 610,160, or AED 580 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 67,000 to AED 45,000 in 2021 and recovered to AED 60,000 by October 2024.
  • At AED 60,000 a year the gross yield on the 2012 price is 9.8%, before a service charge of about AED 12,500 a year (AED 11.90 per sqft).
  • One-beds in Sherlock House 2 sold for AED 1,000,000–1,080,000 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 15 October 2024.

Questions about 218, Sherlock House 2

What did unit 218 last sell for?

AED 610,160 on 8 October 2012, sold by the developer: AED 580 per sqft for 1,052 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 60,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 50,600; the unit has been rented since October 2013.

How big is unit 218?

1,052 sqft (97.7 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 218 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 2 sold for AED 1,000,000 to 1,080,000 in the last 12 months, around AED 1,001 per sqft.

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Mortgage on 218, Sherlock House 2

Starts from the last sale price (AED 610K, 8 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 610,160
Deposit, UAE resident (20%)
AED 122,032
Deposit, non-resident (40%)
AED 244,064
Monthly over 25 years at 3.7%
AED 2,496

Plus AED 30,636 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →