1-bed · 1,047 sqftShakespeare Circus 1, Uptown Motorcity · 2nd floor

217, Shakespeare Circus 1

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 21 February 2023
Last soldAED 555K2 January 2023
Current rentAED 46K /yr21 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Shakespeare Circus 1

What is 217 worth today?

Last sold for AED 554,910 in 2023

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21 Feb 2023RentedNew contract
AED 46,000/yr12 months · AED 44 per sqft
2 Jan 2023SoldReady
AED 554,910AED 529 per sqft
21 Feb 2022RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
21 Feb 2021RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
21 Feb 2020RentedRenewal
AED 48,000/yr12 months · AED 46 per sqft
21 Feb 2019RentedNew contract
AED 52,000/yr12 months · AED 50 per sqft
4 Dec 2017RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
5 Dec 2015RentedNew contract
AED 66,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 21 February 2023.

Key facts

Type
1-bed apartment
Size
1,047 sqft
Floor
2nd of 5
Parking
324
Service charge
AED 12,200 /yr
Last sold
AED 555K · January 2023

About 217, Shakespeare Circus 1

217 is a one-bedroom apartment of 1,047 sqft on the 2nd floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 2 January 2023 for AED 554,910, or AED 529 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 8 Ejari contracts. The current contract, signed on 21 February 2023, is AED 46,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, January 2023: AED 554,910 (AED 529 per sqft)

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

Rents
Unit 217, 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, December 2013: AED 66,000 a yearNew contract, December 2015: AED 66,000 a yearNew contract, December 2017: AED 70,000 a yearNew contract, February 2019: AED 52,000 a yearRenewal, February 2020: AED 48,000 a yearRenewal, February 2021: AED 40,000 a yearRenewal, February 2022: AED 40,000 a yearNew contract, February 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 217 sits

All 123 1-beds →

217 last sold in January 2023 at AED 529 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. 217'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 2nd floor

All 125 units in Shakespeare Circus 1
Value
2011-bedAED 897K · Jan 2014
2021-bedAED 873K · Oct 2013
2031-bedAED 303K · Dec 2013
2041-bedAED 610K · Dec 2013
2051-bedAED 385K · Jul 2022
2061-bedAED 600K · Aug 2023
2071-bedAED 1.04M · Sep 2026
1–7 of 20

217, Shakespeare Circus 1 in numbers

  • Sold 3 times: first on 25 January 2011 for AED 523,500, last on 2 January 2023 for AED 554,910 (AED 529 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 66,000 to AED 40,000 in 2022 and recovered to AED 46,000 by February 2023.
  • At AED 46,000 a year the gross yield on the 2023 price is 8.3%, 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 21 February 2023.

Questions about 217, Shakespeare Circus 1

What did unit 217 last sell for?

AED 554,910 on 2 January 2023: AED 529 per sqft for 1,047 sqft. The unit has 3 registered sales; the first was AED 523,500 in January 2011.

What is the rent for unit 217?

AED 46,000 a year on the contract signed on 21 February 2023. The previous contract, from February 2022, was AED 40,000; the unit has been rented since December 2013.

How big is unit 217?

1,047 sqft (97.3 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 217 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 217, Shakespeare Circus 1

Starts from the last sale price (AED 555K, 2 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 554,910
Deposit, UAE resident (20%)
AED 110,982
Deposit, non-resident (40%)
AED 221,964
Monthly over 25 years at 3.7%
AED 2,270

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