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2-bed · 1,652 sqftSherlock House 2, Uptown Motorcity · 3rd floor

322, Sherlock House 2

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 322 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 1.55M26 March 2024
Current rentAED 100K /yr13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 322, Sherlock House 2

What is 322 worth today?

Last sold for AED 1,550,000 in 2024

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13 Jun 2024RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
26 Mar 2024SoldReady
AED 1,550,000AED 938 per sqft
26 Jan 2021SoldReady
AED 760,000AED 460 per sqft
15 Aug 2020RentedRenewal
AED 80,000/yr13 months · AED 49 per sqft
15 Aug 2019RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
10 Jul 2018RentedRenewal
AED 107,000/yr12 months · AED 65 per sqft
10 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
5 Feb 2017RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 June 2024.

Key facts

Type
2-bed apartment
Size
1,652 sqft
Floor
3rd of 5
Parking
116 in FXH8-177 in FXH8
Service charge
AED 19,700 /yr
Last sold
AED 1.55M · March 2024
Building
Sherlock House 2

About 322, Sherlock House 2

322 is a two-bedroom apartment of 1,652 sqft on the 3rd floor of Sherlock House 2, a 5-storey tower in Uptown Motorcity. It last sold on 26 March 2024 for AED 1,550,000, or AED 938 per sqft, 14% above the AED 826 two-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 13 June 2024, is AED 100,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 322 over time

Sales
Unit 322, 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, August 2009: AED 1,208,000 (AED 731 per sqft)Sold, September 2012: AED 1,000,000 (AED 605 per sqft)Sold, January 2021: AED 760,000 (AED 460 per sqft)Sold, March 2024: AED 1,550,000 (AED 938 per sqft)

322 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 322, 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, October 2013: AED 100,000 a yearNew contract, October 2014: AED 100,000 a yearNew contract, February 2016: AED 120,000 a yearNew contract, February 2017: AED 110,000 a yearNew contract, July 2017: AED 110,000 a yearRenewal, July 2018: AED 107,000 a yearNew contract, August 2019: AED 80,000 a yearRenewal, August 2020: AED 80,000 a yearNew contract, June 2024: AED 100,000 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 322 sits

All 42 2-beds →

322 last sold in March 2024 at AED 938 per sqft, 14% above what two-beds in Sherlock House 2 were fetching at the time (AED 826). 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. 322's AED 100,000 is in the lower half 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 3rd floor

All 111 units in Sherlock House 2
Value
3012-bedAED 1.7M · Apr 2025
3021-bedAED 692K · Jun 2009
3032-bedAED 810K · Feb 2021
3041-bedAED 539K · Oct 2009
3051-bedAED 620K · Jun 2022
3062-bedAED 1.01M · Apr 2019
3071-bedAED 990K · Feb 2014
1–7 of 24

322, Sherlock House 2 in numbers

  • Sold 4 times: first on 5 August 2009 for AED 1,208,000, last on 26 March 2024 for AED 1,550,000 (AED 938 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2020 and recovered to AED 100,000 by June 2024.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 19,700 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 13 June 2024.

Questions about 322, Sherlock House 2

What did unit 322 last sell for?

AED 1,550,000 on 26 March 2024: AED 938 per sqft for 1,652 sqft. The unit has 4 registered sales; the first was AED 1,208,000 in August 2009.

What is the rent for unit 322?

AED 100,000 a year on the contract signed on 13 June 2024. The previous contract, from August 2020, was AED 80,000; the unit has been rented since October 2013.

How big is unit 322?

1,652 sqft (153.5 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 322 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 322, Sherlock House 2

Starts from the last sale price (AED 1.55M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →