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1-bed · 1,075 sqftShakespeare Circus 1, Uptown Motorcity · 5th floor

507, Shakespeare Circus 1

Sold prices and rental history: sold 3 times, last in September 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 January 2022
Last soldAED 940K7 September 2016
Current rentAED 44K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Shakespeare Circus 1

What is 507 worth today?

Last sold for AED 940,000 in 2016

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1 Jan 2022RentedNew contract
AED 44,000/yr12 months · AED 41 per sqft
1 Aug 2018RentedRenewal
AED 70,000/yr12 months · AED 65 per sqft
1 Aug 2017RentedNew contract
AED 70,000/yr12 months · AED 65 per sqft
7 Dec 2016RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
7 Sep 2016SoldReady
AED 940,000AED 874 per sqft
15 Aug 2015RentedRenewal
AED 67,000/yr12 months · AED 62 per sqft
15 Aug 2014RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
9 Oct 2013SoldReady
AED 860,000AED 800 per sqft

Source: Dubai Land Department. Updated 1 January 2022.

Key facts

Type
1-bed apartment
Size
1,075 sqft
Floor
5th of 5
Parking
40
Service charge
AED 12,500 /yr
Last sold
AED 940K · September 2016
Building
Shakespeare Circus 1

About 507, Shakespeare Circus 1

507 is a one-bedroom apartment of 1,075 sqft on the 5th floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 7 September 2016 for AED 940,000, or AED 874 per sqft, 13% below the AED 1,010 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 January 2022, is AED 44,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 12,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 537,500 (AED 500 per sqft)Sold, October 2013: AED 860,000 (AED 800 per sqft)Sold, September 2016: AED 940,000 (AED 874 per sqft)

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

Rents
Unit 507, 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 43,000 a yearRenewal, August 2013: AED 45,150 a yearNew contract, August 2014: AED 60,000 a yearRenewal, August 2015: AED 67,000 a yearNew contract, December 2016: AED 80,000 a yearNew contract, August 2017: AED 70,000 a yearRenewal, August 2018: AED 70,000 a yearNew contract, January 2022: AED 44,000 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 507 sits

All 123 1-beds →

507 last sold in September 2016 at AED 874 per sqft, 13% below what one-beds in Shakespeare Circus 1 were fetching at the time (AED 1,010). 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. 507's AED 44,000 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 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
5051-bedAED 425K · Mar 2023
5061-bedAED 484K · Aug 2022
5081-bedAED 512K · Mar 2023
1–7 of 20

507, Shakespeare Circus 1 in numbers

  • Sold 3 times: first on 1 February 2011 for AED 537,500, last on 7 September 2016 for AED 940,000 (AED 874 per sqft).
  • Rented since August 2012 on 8 Ejari contracts, from AED 43,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 12,500 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 January 2022.

Questions about 507, Shakespeare Circus 1

What did unit 507 last sell for?

AED 940,000 on 7 September 2016: AED 874 per sqft for 1,075 sqft. The unit has 3 registered sales; the first was AED 537,500 in February 2011.

What is the rent for unit 507?

AED 44,000 a year on the contract signed on 1 January 2022. The previous contract, from August 2018, was AED 70,000; the unit has been rented since August 2012.

How big is unit 507?

1,075 sqft (99.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 507 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 507, Shakespeare Circus 1

Starts from the last sale price (AED 940K, 7 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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