1-bed · 1,047 sqftShakespeare Circus 1, Uptown Motorcity · 1st floor

118, Shakespeare Circus 1

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 550K22 June 2023
Current rentAED 46K /yr22 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Shakespeare Circus 1

What is 118 worth today?

Last sold for AED 550,000 in 2023

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22 Jun 2023SoldReady
AED 550,000AED 525 per sqft
22 Jun 2023RentedNew contract
AED 46,000/yr12 months · AED 44 per sqft
18 Apr 2023SoldReady
AED 554,910AED 529 per sqft
22 Jun 2022RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
22 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
14 Sep 2020RentedRenewal
AED 43,000/yr12 months · AED 41 per sqft
14 Sep 2019RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
14 Sep 2018RentedNew contract
AED 58,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
1-bed apartment
Size
1,047 sqft
Floor
1st of 5
Parking
314
Service charge
AED 12,200 /yr
Last sold
AED 550K · June 2023

About 118, Shakespeare Circus 1

118 is a one-bedroom apartment of 1,047 sqft on the 1st floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 22 June 2023 for AED 550,000, or AED 525 per sqft, in line with the AED 529 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 22 June 2023, is AED 46,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical one-bed in Shakespeare Circus 1
500K1M20112015201920232027Typical sale price by year: 2011 AED 522,500; 2013 AED 727,668; 2014 AED 938,615; 2015 AED 677,500; 2016 AED 957,010; 2017 AED 660,000; 2020 AED 400,000; 2021 AED 520,000; 2022 AED 523,500; 2023 AED 556,765; 2024 AED 850,000; 2025 AED 915,000; 2026 AED 890,000Sold by developer, January 2011: AED 523,500 (AED 499 per sqft)Sold, September 2013: AED 729,759 (AED 696 per sqft)Sold, April 2023: AED 554,910 (AED 529 per sqft)Sold, June 2023: AED 550,000 (AED 525 per sqft)

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

Rents
Unit 118, each contractTypical one-bed in Shakespeare Circus 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 47,000; 2013 AED 49,350; 2014 AED 57,000; 2015 AED 67,981; 2016 AED 76,000; 2017 AED 70,000; 2018 AED 64,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 40,500; 2023 AED 50,000; 2024 AED 59,455; 2025 AED 60,500; 2026 AED 62,674New contract, July 2013: AED 51,000 a yearNew contract, July 2014: AED 57,000 a yearRenewal, July 2015: AED 68,000 a yearNew contract, June 2016: AED 62,769 a yearNew contract, September 2018: AED 58,000 a yearRenewal, September 2019: AED 55,000 a yearRenewal, September 2020: AED 43,000 a yearNew contract, June 2021: AED 40,000 a yearRenewal, June 2022: AED 40,000 a yearNew contract, June 2023: AED 46,000 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 Shakespeare Circus 1, and where 118 sits

All 123 1-beds →

118 last sold in June 2023 at AED 525 per sqft, in line with what one-beds in Shakespeare Circus 1 were fetching at the time (AED 529). Over the last 12 months one-beds sold for AED 685,000 to 1,325,000, around AED 997 per sqft, and rent for AED 40,540 to 94,000 a year. 118's AED 46,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 20261,040,000
9 Sep 2026800,000
10 Aug 20261,000,000
13 Apr 20261,325,000
12 1-bed sales in the last 12 months

Shakespeare Circus 1

Building

125 apartments, studios to 2-bed over 5 floors in Uptown Motorcity. 13 sold in the last 12 months.

Typical price per sqft
AED 998 Up 5.8%
Typical sale
AED 950K
Typical rent
AED 60K /yr
Typical yield
7.4%
Shakespeare Circus 1, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 125 units in Shakespeare Circus 1
Value
1011-bedAED 970K · Nov 2016
1021-bedAED 578K · Mar 2023
1031-bedAED 710K · Mar 2026
1041-bedAED 800K · Sep 2026
1051-bedAED 520K · Nov 2013
1061-bedAED 1.25M · Apr 2025
1071-bedAED 625K · Jul 2023
1–7 of 20

118, Shakespeare Circus 1 in numbers

  • Sold 4 times: first on 20 January 2011 for AED 523,500, last on 22 June 2023 for AED 550,000 (AED 525 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 51,000 to AED 40,000 in 2022 and recovered to AED 46,000 by June 2023.
  • At AED 46,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 12,200 a year (AED 11.65 per sqft).
  • One-beds in Shakespeare Circus 1 sold for AED 685,000–1,325,000 in the 12 months to November 2026; the building's median across all types is AED 998 per sqft.

Source: Dubai Land Department. Updated 22 June 2023.

Questions about 118, Shakespeare Circus 1

What did unit 118 last sell for?

AED 550,000 on 22 June 2023: AED 525 per sqft for 1,047 sqft. The unit has 4 registered sales; the first was AED 523,500 in January 2011.

What is the rent for unit 118?

AED 46,000 a year on the contract signed on 22 June 2023. The previous contract, from June 2022, was AED 40,000; the unit has been rented since July 2013.

How big is unit 118?

1,047 sqft (97.3 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shakespeare Circus 1 sold for AED 685,000 to 1,325,000 in the last 12 months, around AED 997 per sqft.

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Mortgage on 118, Shakespeare Circus 1

Starts from the last sale price (AED 550K, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →