2-bed · 1,694 sqftShakespeare Circus 2, Uptown Motorcity · 3rd floor

311, Shakespeare Circus 2

Sold prices and rental history: sold 3 times, last in August 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 6 August 2015
Last soldAED 1.5M6 August 2015
Current rentAED 120K /yr1 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Shakespeare Circus 2

What is 311 worth today?

Last sold for AED 1,500,000 in 2015

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6 Aug 2015SoldReady
AED 1,500,000AED 885 per sqft
1 Aug 2014RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
30 Oct 2013SoldReady
AED 1,355,200AED 799 per sqft
15 Jun 2013RentedRenewal
AED 75,600/yr12 months · AED 45 per sqft
15 Jun 2012RentedNew contract
AED 72,000/yr12 months · AED 43 per sqft
25 Jan 2011Sold by developerReady
AED 847,000AED 499 per sqft

Source: Dubai Land Department. Updated 6 August 2015.

Key facts

Type
2-bed apartment
Size
1,694 sqft
Floor
3rd of 5
Parking
441-93
Service charge
AED 19,700 /yr
Last sold
AED 1.5M · August 2015

About 311, Shakespeare Circus 2

311 is a two-bedroom apartment of 1,694 sqft on the 3rd floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 6 August 2015 for AED 1,500,000, or AED 885 per sqft, 12% below the AED 1,011 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 1 August 2014, is AED 120,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 19,700 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in Shakespeare Circus 2
1M1.5M2011201520192023Typical sale price by year: 2011 AED 815,000; 2013 AED 1,222,500; 2014 AED 1,500,000; 2015 AED 775,000; 2016 AED 1,525,000; 2017 AED 1,512,500; 2020 AED 800,000; 2023 AED 1,257,500; 2024 AED 1,280,000; 2025 AED 1,590,000Sold by developer, January 2011: AED 847,000 (AED 499 per sqft)Sold, October 2013: AED 1,355,200 (AED 799 per sqft)Sold, August 2015: AED 1,500,000 (AED 885 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in Shakespeare Circus 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 72,000; 2013 AED 75,600; 2014 AED 120,000; 2015 AED 122,125; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 97,362; 2019 AED 90,000; 2020 AED 69,750; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 115,000; 2025 AED 114,692; 2026 AED 117,500New contract, June 2012: AED 72,000 a yearRenewal, June 2013: AED 75,600 a yearNew contract, August 2014: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shakespeare Circus 2, and where 311 sits

All 54 2-beds →

311 last sold in August 2015 at AED 885 per sqft, 12% below what two-beds in Shakespeare Circus 2 were fetching at the time (AED 1,011). Over the last 12 months two-beds sold for AED 1,750,000, around AED 1,033 per sqft, and rent for AED 94,500 to 130,000 a year. 311's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Mar 20261,750,000
27 Oct 20251,700,000
19 Mar 20251,550,000
7 Feb 20251,590,000
1 2-bed sale in the last 12 months

Shakespeare Circus 2

Building

72 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 2 sold in the last 12 months.

Typical price per sqft
AED 1,046
Typical sale
AED 2.08M
Typical rent
AED 120K /yr
Typical yield
7.0%
Shakespeare Circus 2, Uptown Motorcity: prices, sales and rents →

Other units on the 3rd floor

All 72 units in Shakespeare Circus 2
Value
3012-bedAED 1.4M · Sep 2024
3023-bedAED 1.3M · Aug 2019
3032-bedAED 1.7M · Oct 2025
3042-bedAED 1.3M · Oct 2013
3053-bedAED 1.27M · May 2020
3062-bedAED 865K · Mar 2022
3073-bedAED 1.5M · Jul 2013
1–7 of 11

311, Shakespeare Circus 2 in numbers

  • Sold 3 times: first on 25 January 2011 for AED 847,000, last on 6 August 2015 for AED 1,500,000 (AED 885 per sqft).
  • Rented since June 2012 on 3 Ejari contracts, from AED 72,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 19,700 a year (AED 11.65 per sqft).
  • Two-beds in Shakespeare Circus 2 sold for AED 1,750,000–1,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,046 per sqft.

Source: Dubai Land Department. Updated 6 August 2015.

Questions about 311, Shakespeare Circus 2

What did unit 311 last sell for?

AED 1,500,000 on 6 August 2015: AED 885 per sqft for 1,694 sqft. The unit has 3 registered sales; the first was AED 847,000 in January 2011.

What is the rent for unit 311?

AED 120,000 a year on the contract signed on 1 August 2014. The previous contract, from June 2013, was AED 75,600; the unit has been rented since June 2012.

How big is unit 311?

1,694 sqft (157.4 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shakespeare Circus 2 sold for AED 1,750,000 to 1,750,000 in the last 12 months, around AED 1,033 per sqft.

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Mortgage on 311, Shakespeare Circus 2

Starts from the last sale price (AED 1.5M, 6 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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