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1-bed · 967 sqftShakespeare Circus 1, Uptown Motorcity · 4th floor

408, Shakespeare Circus 1

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 26 July 2022
Last soldAED 495K26 July 2022
Current rentAED 65K /yr10 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Shakespeare Circus 1

What is 408 worth today?

Last sold for AED 495,000 in 2022

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26 Jul 2022SoldReady
AED 495,000AED 511 per sqft
10 Jul 2018RentedRenewal
AED 65,000/yr12 months · AED 67 per sqft
10 Jul 2017RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
15 Jul 2014RentedNew contract
AED 63,000/yr12 months · AED 65 per sqft
23 Sep 2013SoldReady
AED 673,999AED 696 per sqft
15 Jul 2013RentedNew contract
AED 63,000/yr12 months · AED 65 per sqft
2 Feb 2011Sold by developerReady
AED 483,500AED 499 per sqft

Source: Dubai Land Department. Updated 26 July 2022.

Key facts

Type
1-bed apartment
Size
967 sqft
Floor
4th of 5
Parking
143
Service charge
AED 11,300 /yr
Last sold
AED 495K · July 2022
Building
Shakespeare Circus 1

About 408, Shakespeare Circus 1

408 is a one-bedroom apartment of 967 sqft on the 4th floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 26 July 2022 for AED 495,000, or AED 511 per sqft, in line with the AED 500 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 10 July 2018, is AED 65,000 a year: a gross yield of 13.1% on the 2022 price, before the service charge of about AED 11,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 483,500 (AED 499 per sqft)Sold, September 2013: AED 673,999 (AED 696 per sqft)Sold, July 2022: AED 495,000 (AED 511 per sqft)

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

Rents
Unit 408, 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 63,000 a yearNew contract, July 2014: AED 63,000 a yearNew contract, July 2017: AED 70,000 a yearRenewal, July 2018: AED 65,000 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 408 sits

All 123 1-beds →

408 last sold in July 2022 at AED 511 per sqft, in line with what one-beds in Shakespeare Circus 1 were fetching at the time (AED 500). 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. 408's AED 65,000 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 4th floor

All 125 units in Shakespeare Circus 1
Value
4011-bedAED 1.07M · Feb 2014
4021-bedAED 542K · Feb 2023
4031-bedAED 630K · Feb 2025
4041-bedAED 355K · Nov 2021
4051-bedAED 620K · Aug 2025
4061-bedAED 967K · Nov 2016
4071-bedAED 962K · Nov 2013
1–7 of 20

408, Shakespeare Circus 1 in numbers

  • Sold 3 times: first on 2 February 2011 for AED 483,500, last on 26 July 2022 for AED 495,000 (AED 511 per sqft).
  • Rented since July 2013 on 4 Ejari contracts, from AED 63,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 13.1%, before a service charge of about AED 11,300 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 26 July 2022.

Questions about 408, Shakespeare Circus 1

What did unit 408 last sell for?

AED 495,000 on 26 July 2022: AED 511 per sqft for 967 sqft. The unit has 3 registered sales; the first was AED 483,500 in February 2011.

What is the rent for unit 408?

AED 65,000 a year on the contract renewed on 10 July 2018. The previous contract, from July 2017, was AED 70,000; the unit has been rented since July 2013.

How big is unit 408?

967 sqft (89.8 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 408 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 408, Shakespeare Circus 1

Starts from the last sale price (AED 495K, 26 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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