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1-bed · 1,022 sqftShakespeare Circus 1, Uptown Motorcity · 5th floor

512, Shakespeare Circus 1

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 11 December 2023
Last soldAED 780K11 December 2023
Current rentAED 45K /yr28 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, Shakespeare Circus 1

What is 512 worth today?

Last sold for AED 780,000 in 2023

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11 Dec 2023SoldReady
AED 780,000AED 763 per sqft
15 Mar 2023SoldReady
AED 541,000AED 529 per sqft
28 Sep 2022RentedRenewal
AED 45,000/yr11 months · AED 44 per sqft
28 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 44 per sqft
28 Sep 2020RentedRenewal
AED 45,000/yr12 months · AED 44 per sqft
28 Sep 2019RentedRenewal
AED 56,000/yr12 months · AED 55 per sqft
28 Sep 2018RentedNew contract
AED 63,000/yr12 months · AED 62 per sqft
28 Sep 2016RentedNew contract
AED 77,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 11 December 2023.

Key facts

Type
1-bed apartment
Size
1,022 sqft
Floor
5th of 5
Parking
35
Service charge
AED 11,900 /yr
Last sold
AED 780K · December 2023
Building
Shakespeare Circus 1

About 512, Shakespeare Circus 1

512 is a one-bedroom apartment of 1,022 sqft on the 5th floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 11 December 2023 for AED 780,000, or AED 763 per sqft, 44% above the AED 529 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 28 September 2022, is AED 45,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 511,000 (AED 499 per sqft)Sold, September 2013: AED 712,334 (AED 696 per sqft)Sold, March 2023: AED 541,000 (AED 529 per sqft)Sold, December 2023: AED 780,000 (AED 763 per sqft)

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

Rents
Unit 512, 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 50,000 a yearRenewal, August 2013: AED 52,500 a yearNew contract, September 2015: AED 75,000 a yearNew contract, September 2016: AED 77,000 a yearNew contract, September 2018: AED 63,000 a yearRenewal, September 2019: AED 56,000 a yearRenewal, September 2020: AED 45,000 a yearRenewal, September 2021: AED 45,000 a yearRenewal, September 2022: AED 45,000 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 512 sits

All 123 1-beds →

512 last sold in December 2023 at AED 763 per sqft, 44% 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. 512's AED 45,000 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
5071-bedAED 940K · Sep 2016
1–7 of 20

512, Shakespeare Circus 1 in numbers

  • Sold 4 times: first on 31 January 2011 for AED 511,000, last on 11 December 2023 for AED 780,000 (AED 763 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 11,900 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 11 December 2023.

Questions about 512, Shakespeare Circus 1

What did unit 512 last sell for?

AED 780,000 on 11 December 2023: AED 763 per sqft for 1,022 sqft. The unit has 4 registered sales; the first was AED 511,000 in January 2011.

What is the rent for unit 512?

AED 45,000 a year on the contract renewed on 28 September 2022. The previous contract, from September 2021, was AED 45,000; the unit has been rented since August 2012.

How big is unit 512?

1,022 sqft (94.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 512 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 512, Shakespeare Circus 1

Starts from the last sale price (AED 780K, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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