1-bed · 661 sqftShakespeare Circus 1, Uptown Motorcity · 5th floor

505, Shakespeare Circus 1

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

Unit 505 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 425K20 March 2023
Current rentAED 46K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Shakespeare Circus 1

What is 505 worth today?

Last sold for AED 425,000 in 2023

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1 Apr 2025RentedRenewal
AED 46,200/yr12 months · AED 70 per sqft
1 Apr 2025RentedRenewal
AED 46,200/yr12 months · AED 70 per sqft
1 Apr 2024RentedRenewal
AED 44,000/yr12 months · AED 67 per sqft
1 Apr 2023RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
20 Mar 2023SoldReady
AED 425,000AED 642 per sqft
8 Mar 2023RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
1 Mar 2022RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
28 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
661 sqft
Floor
5th of 5
Parking
125
Service charge
AED 7,700 /yr
Last sold
AED 425K · March 2023

About 505, Shakespeare Circus 1

505 is a one-bedroom apartment of 661 sqft on the 5th floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 20 March 2023 for AED 425,000, or AED 642 per sqft, 21% above 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, renewed on 1 April 2025, is AED 46,200 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 7,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 330,500 (AED 499 per sqft)Sold, September 2013: AED 460,717 (AED 696 per sqft)Sold, January 2017: AED 661,000 (AED 999 per sqft)Sold, March 2023: AED 425,000 (AED 642 per sqft)

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

Rents
Unit 505, 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, January 2013: AED 40,000 a yearNew contract, January 2018: AED 50,000 a yearNew contract, March 2022: AED 32,000 a yearNew contract, March 2023: AED 50,000 a yearNew contract, April 2023: AED 40,000 a yearRenewal, April 2024: AED 44,000 a yearRenewal, April 2025: AED 46,200 a yearRenewal, April 2025: AED 46,200 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 505 sits

All 123 1-beds →

505 last sold in March 2023 at AED 642 per sqft, 21% 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. 505's AED 46,200 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 5th floor

All 125 units in Shakespeare Circus 1
Value
5011-bedAED 515K · Mar 2021
5021-bedAED 1.33M · Apr 2026
5031-bedAED 668K · Sep 2015
5041-bedAED 695K · Feb 2015
5061-bedAED 484K · Aug 2022
5071-bedAED 940K · Sep 2016
5081-bedAED 512K · Mar 2023
1–7 of 20

505, Shakespeare Circus 1 in numbers

  • Sold 4 times: first on 1 February 2011 for AED 330,500, last on 20 March 2023 for AED 425,000 (AED 642 per sqft).
  • Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2022 and recovered to AED 46,200 by April 2025.
  • At AED 46,200 a year the gross yield on the 2023 price is 10.9%, before a service charge of about AED 7,700 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 1 April 2025.

Questions about 505, Shakespeare Circus 1

What did unit 505 last sell for?

AED 425,000 on 20 March 2023: AED 642 per sqft for 661 sqft. The unit has 4 registered sales; the first was AED 330,500 in February 2011.

What is the rent for unit 505?

AED 46,200 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 46,200; the unit has been rented since January 2013.

How big is unit 505?

661 sqft (61.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 505 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 505, Shakespeare Circus 1

Starts from the last sale price (AED 425K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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