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

518, Shakespeare Circus 1

Sold prices and rental history: sold 4 times, last in August 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 660K7 August 2019
Current rentAED 58K /yr11 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Shakespeare Circus 1

What is 518 worth today?

Last sold for AED 660,000 in 2019

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11 Nov 2024RentedNew contract
AED 58,000/yr12 months · AED 58 per sqft
11 Nov 2023RentedRenewal
AED 58,000/yr12 months · AED 58 per sqft
11 Nov 2022RentedNew contract
AED 58,000/yr12 months · AED 58 per sqft
25 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 45 per sqft
25 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
1 Sep 2019RentedNew contract
AED 52,800/yr12 months · AED 53 per sqft
7 Aug 2019SoldReady
AED 660,000AED 664 per sqft
11 Aug 2018RentedNew contract
AED 58,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
1-bed apartment
Size
993 sqft
Floor
5th of 5
Parking
129
Service charge
AED 11,600 /yr
Last sold
AED 660K · August 2019

About 518, Shakespeare Circus 1

518 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 7 August 2019 for AED 660,000, or AED 664 per sqft.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 11 November 2024, is AED 58,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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, November 2013: AED 784,470 (AED 790 per sqft)Sold, May 2014: AED 980,000 (AED 986 per sqft)Sold, August 2019: AED 660,000 (AED 664 per sqft)

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

Rents
Unit 518, 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 51,553 a yearNew contract, May 2015: AED 69,558 a yearNew contract, July 2016: AED 78,000 a yearNew contract, July 2017: AED 70,000 a yearNew contract, August 2018: AED 58,000 a yearNew contract, September 2019: AED 52,800 a yearNew contract, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, November 2022: AED 58,000 a yearRenewal, November 2023: AED 58,000 a yearNew contract, November 2024: AED 58,000 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 518 sits

All 123 1-beds →

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. 518's AED 58,000 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

518, Shakespeare Circus 1 in numbers

  • Sold 4 times: first on 1 February 2011 for AED 496,500, last on 7 August 2019 for AED 660,000 (AED 664 per sqft).
  • Rented since August 2012 on 13 Ejari contracts, from AED 43,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2019 price is 8.8%, 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 11 November 2024.

Questions about 518, Shakespeare Circus 1

What did unit 518 last sell for?

AED 660,000 on 7 August 2019: AED 664 per sqft for 993 sqft. The unit has 4 registered sales; the first was AED 496,500 in February 2011.

What is the rent for unit 518?

AED 58,000 a year on the contract signed on 11 November 2024. The previous contract, from November 2023, was AED 58,000; the unit has been rented since August 2012.

How big is unit 518?

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

What is unit 518 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 518, Shakespeare Circus 1

Starts from the last sale price (AED 660K, 7 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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