2-bed · 1,536 sqftShakespeare Circus 2, Uptown Motorcity · 4th floor

408, Shakespeare Circus 2

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 1.28M31 July 2024
Current rentAED 92K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shakespeare Circus 2

What is 408 worth today?

Last sold for AED 1,280,000 in 2024

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31 Jul 2024SoldReady
AED 1,280,000AED 833 per sqft
10 May 2023RentedRenewal
AED 92,000/yr12 months · AED 60 per sqft
10 May 2022RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
10 May 2021RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
10 May 2020RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
10 May 2019RentedNew contract
AED 78,000/yr12 months · AED 51 per sqft
10 Feb 2018RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
1 Dec 2014SoldReady
AED 1,550,000AED 1,009 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
2-bed apartment
Size
1,536 sqft
Floor
4th of 5
Parking
97-291
Service charge
AED 17,900 /yr
Last sold
AED 1.28M · July 2024

About 408, Shakespeare Circus 2

408 is a two-bedroom apartment of 1,536 sqft on the 4th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 31 July 2024 for AED 1,280,000, or AED 833 per sqft, 7% above the AED 776 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 10 May 2023, is AED 92,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 768,000 (AED 499 per sqft)Sold, October 2013: AED 1,267,200 (AED 824 per sqft)Sold, December 2014: AED 1,550,000 (AED 1,009 per sqft)Sold, July 2024: AED 1,280,000 (AED 833 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Shakespeare Circus 2
100K2012201620202024Typical 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, February 2018: AED 100,000 a yearNew contract, May 2019: AED 78,000 a yearRenewal, May 2020: AED 70,000 a yearRenewal, May 2021: AED 65,000 a yearNew contract, May 2022: AED 85,000 a yearRenewal, May 2023: AED 92,000 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 408 sits

All 54 2-beds →

408 last sold in July 2024 at AED 833 per sqft, 7% above what two-beds in Shakespeare Circus 2 were fetching at the time (AED 776). 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. 408's AED 92,000 is at the bottom 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 4th floor

All 72 units in Shakespeare Circus 2
Value
4012-bedAED 1.28M · Jun 2024
4023-bedAED 1.58M · Sep 2013
4032-bedAED 1.53M · Dec 2024
4042-bedAED 698K · Dec 2013
4053-bedAED 1.68M · Oct 2013
4062-bedAED 1.1M · Nov 2023
4072-bedAED 1.62M · Jan 2014
1–7 of 11

408, Shakespeare Circus 2 in numbers

  • Sold 4 times: first on 25 January 2011 for AED 768,000, last on 31 July 2024 for AED 1,280,000 (AED 833 per sqft).
  • Rented since June 2012 on 8 Ejari contracts, from AED 72,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 17,900 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 31 July 2024.

Questions about 408, Shakespeare Circus 2

What did unit 408 last sell for?

AED 1,280,000 on 31 July 2024: AED 833 per sqft for 1,536 sqft. The unit has 4 registered sales; the first was AED 768,000 in January 2011.

What is the rent for unit 408?

AED 92,000 a year on the contract renewed on 10 May 2023. The previous contract, from May 2022, was AED 85,000; the unit has been rented since June 2012.

How big is unit 408?

1,536 sqft (142.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 408 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 408, Shakespeare Circus 2

Starts from the last sale price (AED 1.28M, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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