1-bed · 1,054 sqftShakespeare Circus 1, Uptown Motorcity · 2nd floor

221, Shakespeare Circus 1

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

Unit 221 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 755K20 November 2023
Current rentAED 75K /yr12 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, Shakespeare Circus 1

What is 221 worth today?

Last sold for AED 755,000 in 2023

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12 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 71 per sqft
20 Nov 2023SoldReady
AED 755,000AED 716 per sqft
23 Feb 2023SoldReady
AED 558,620AED 529 per sqft
25 Oct 2022RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
25 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
4 Jan 2020RentedRenewal
AED 54,462/yr13 months · AED 52 per sqft
4 Dec 2018RentedNew contract
AED 55,385/yr13 months · AED 53 per sqft
4 Nov 2017RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 12 January 2024.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
2nd of 5
Parking
407
Service charge
AED 12,300 /yr
Last sold
AED 755K · November 2023

About 221, Shakespeare Circus 1

221 is a one-bedroom apartment of 1,054 sqft on the 2nd floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 20 November 2023 for AED 755,000, or AED 716 per sqft, 35% above the AED 529 one-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 12 January 2024, is AED 75,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 12,300 a year.

Sales and rents for 221 over time

Sales
Unit 221, 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 527,000 (AED 499 per sqft)Sold, September 2013: AED 734,638 (AED 696 per sqft)Sold, February 2023: AED 558,620 (AED 529 per sqft)Sold, November 2023: AED 755,000 (AED 716 per sqft)

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

Rents
Unit 221, 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, September 2013: AED 52,500 a yearNew contract, February 2014: AED 73,000 a yearNew contract, February 2015: AED 78,000 a yearNew contract, November 2017: AED 70,000 a yearNew contract, December 2018: AED 55,385 a yearRenewal, January 2020: AED 54,462 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 40,000 a yearNew contract, January 2024: AED 75,000 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 221 sits

All 123 1-beds →

221 last sold in November 2023 at AED 716 per sqft, 35% above 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. 221's AED 75,000 is in the upper 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

221, Shakespeare Circus 1 in numbers

  • Sold 4 times: first on 24 January 2011 for AED 527,000, last on 20 November 2023 for AED 755,000 (AED 716 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 52,500 to AED 40,000 in 2022 and recovered to AED 75,000 by January 2024.
  • At AED 75,000 a year the gross yield on the 2023 price is 9.9%, before a service charge of about AED 12,300 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 12 January 2024.

Questions about 221, Shakespeare Circus 1

What did unit 221 last sell for?

AED 755,000 on 20 November 2023: AED 716 per sqft for 1,054 sqft. The unit has 4 registered sales; the first was AED 527,000 in January 2011.

What is the rent for unit 221?

AED 75,000 a year on the contract signed on 12 January 2024. The previous contract, from October 2022, was AED 40,000; the unit has been rented since September 2013.

How big is unit 221?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 221 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 221, Shakespeare Circus 1

Starts from the last sale price (AED 755K, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

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