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1-bed · 993 sqftShakespeare Circus 1, Uptown Motorcity · 5th floor

517, Shakespeare Circus 1

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 526K1 March 2023
Current rentAED 40K /yr29 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 517, Shakespeare Circus 1

What is 517 worth today?

Last sold for AED 526,274 in 2023

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1 Mar 2023SoldReady
AED 526,274AED 530 per sqft
29 Jul 2022RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
29 Jul 2021RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
29 Jul 2020RentedRenewal
AED 45,000/yr12 months · AED 45 per sqft
29 Jul 2019RentedRenewal
AED 55,000/yr12 months · AED 55 per sqft
29 Jul 2018RentedNew contract
AED 59,000/yr12 months · AED 59 per sqft
14 Apr 2017RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
14 Apr 2016RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
993 sqft
Floor
5th of 5
Parking
138
Service charge
AED 11,600 /yr
Last sold
AED 526K · March 2023
Building
Shakespeare Circus 1

About 517, Shakespeare Circus 1

517 is a one-bedroom apartment of 993 sqft on the 5th floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 1 March 2023 for AED 526,274, or AED 530 per sqft, in line with the AED 529 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 29 July 2022, is AED 40,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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 496,500 (AED 500 per sqft)Sold, September 2013: AED 692,121 (AED 697 per sqft)Sold, March 2023: AED 526,274 (AED 530 per sqft)

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

Rents
Unit 517, 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 2012: AED 50,000 a yearRenewal, July 2013: AED 52,500 a yearNew contract, September 2015: AED 75,000 a yearNew contract, April 2016: AED 75,000 a yearRenewal, April 2017: AED 75,000 a yearNew contract, July 2018: AED 59,000 a yearRenewal, July 2019: AED 55,000 a yearRenewal, July 2020: AED 45,000 a yearRenewal, July 2021: AED 40,000 a yearRenewal, July 2022: AED 40,000 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 517 sits

All 123 1-beds →

517 last sold in March 2023 at AED 530 per sqft, in line with 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. 517's AED 40,000 is at the bottom 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

517, Shakespeare Circus 1 in numbers

  • Sold 3 times: first on 1 February 2011 for AED 496,500, last on 1 March 2023 for AED 526,274 (AED 530 per sqft).
  • Rented since July 2012 on 10 Ejari contracts, from AED 50,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 11,600 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 March 2023.

Questions about 517, Shakespeare Circus 1

What did unit 517 last sell for?

AED 526,274 on 1 March 2023: AED 530 per sqft for 993 sqft. The unit has 3 registered sales; the first was AED 496,500 in February 2011.

What is the rent for unit 517?

AED 40,000 a year on the contract renewed on 29 July 2022. The previous contract, from July 2021, was AED 40,000; the unit has been rented since July 2012.

How big is unit 517?

993 sqft (92.3 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 517 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 517, Shakespeare Circus 1

Starts from the last sale price (AED 526K, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 526,274
Deposit, UAE resident (20%)
AED 105,255
Deposit, non-resident (40%)
AED 210,510
Monthly over 25 years at 3.7%
AED 2,153

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