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1-bed · 1,047 sqftShakespeare Circus 1, Uptown Motorcity · 3rd floor

316, Shakespeare Circus 1

Sold prices and rental history: sold 3 times, last in May 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 17 May 2018
Last soldAED 830K17 May 2018
Current rentAED 75K /yr3 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Shakespeare Circus 1

What is 316 worth today?

Last sold for AED 830,000 in 2018

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17 May 2018SoldReady
AED 830,000AED 792 per sqft
3 Aug 2017RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft
3 Aug 2016RentedNew contract
AED 78,000/yr12 months · AED 75 per sqft
1 Aug 2015RentedRenewal
AED 63,000/yr12 months · AED 60 per sqft
1 Aug 2014RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
27 Nov 2013SoldReady
AED 889,950AED 849 per sqft
1 Aug 2013RentedRenewal
AED 49,350/yr12 months · AED 47 per sqft
1 Aug 2012RentedNew contract
AED 47,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 17 May 2018.

Key facts

Type
1-bed apartment
Size
1,047 sqft
Floor
3rd of 5
Parking
49
Service charge
AED 12,200 /yr
Last sold
AED 830K · May 2018
Building
Shakespeare Circus 1

About 316, Shakespeare Circus 1

316 is a one-bedroom apartment of 1,047 sqft on the 3rd floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 17 May 2018 for AED 830,000, or AED 792 per sqft, 13% below the AED 911 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 3 August 2017, is AED 75,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 12,200 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, February 2011: AED 523,500 (AED 499 per sqft)Sold, November 2013: AED 889,950 (AED 849 per sqft)Sold, May 2018: AED 830,000 (AED 792 per sqft)

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

Rents
Unit 316, 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, August 2012: AED 47,000 a yearRenewal, August 2013: AED 49,350 a yearNew contract, August 2014: AED 60,000 a yearRenewal, August 2015: AED 63,000 a yearNew contract, August 2016: AED 78,000 a yearNew contract, August 2017: 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 316 sits

All 123 1-beds →

316 last sold in May 2018 at AED 792 per sqft, 13% below what one-beds in Shakespeare Circus 1 were fetching at the time (AED 911). 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. 316'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 3rd floor

All 125 units in Shakespeare Circus 1
Value
3011-bedAED 915K · May 2025
3021-bedAED 1.1M · Feb 2026
303StudioAED 590K · Oct 2025
3041-bedAED 680K · Sep 2016
3051-bedAED 520K · Oct 2013
3061-bedAED 740K · Sep 2023
3071-bedAED 1.07M · Dec 2014
1–7 of 20

316, Shakespeare Circus 1 in numbers

  • Sold 3 times: first on 3 February 2011 for AED 523,500, last on 17 May 2018 for AED 830,000 (AED 792 per sqft).
  • Rented since August 2012 on 6 Ejari contracts, from AED 47,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2018 price is 9.0%, 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 17 May 2018.

Questions about 316, Shakespeare Circus 1

What did unit 316 last sell for?

AED 830,000 on 17 May 2018: AED 792 per sqft for 1,047 sqft. The unit has 3 registered sales; the first was AED 523,500 in February 2011.

What is the rent for unit 316?

AED 75,000 a year on the contract signed on 3 August 2017. The previous contract, from August 2016, was AED 78,000; the unit has been rented since August 2012.

How big is unit 316?

1,047 sqft (97.3 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 316 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 316, Shakespeare Circus 1

Starts from the last sale price (AED 830K, 17 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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