2-bed · 1,441 sqftShakespeare Circus 2, Uptown Motorcity · 5th floor

501, Shakespeare Circus 2

Sold prices and rental history: sold 4 times, last in July 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 720K26 July 2020
Current rentAED 105K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Shakespeare Circus 2

What is 501 worth today?

Last sold for AED 720,000 in 2020

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1 Oct 2024RentedNew contract
AED 105,000/yr12 months · AED 73 per sqft
10 Nov 2023RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
25 Nov 2022RentedRenewal
AED 65,000/yr12 months · AED 45 per sqft
25 Nov 2021RentedNew contract
AED 65,000/yr12 months · AED 45 per sqft
15 Oct 2020RentedNew contract
AED 57,000/yr12 months · AED 40 per sqft
26 Jul 2020SoldReady
AED 720,000AED 499 per sqft
28 Sep 2015RentedNew contract
AED 122,250/yr12 months · AED 85 per sqft
22 Sep 2014RentedNew contract
AED 134,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
5th of 5
Parking
282-102
Service charge
AED 16,800 /yr
Last sold
AED 720K · July 2020

About 501, Shakespeare Circus 2

501 is a two-bedroom apartment of 1,441 sqft on the 5th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 26 July 2020 for AED 720,000, or AED 499 per sqft, in line with the AED 499 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 105,000 a year: a gross yield of 14.6% on the 2020 price, before the service charge of about AED 16,800 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 720,500 (AED 500 per sqft)Sold, November 2013: AED 1,138,390 (AED 790 per sqft)Sold, August 2014: AED 1,475,000 (AED 1,023 per sqft)Sold, July 2020: AED 720,000 (AED 499 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Shakespeare Circus 2
50K100K2012201620202024Typical 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, September 2014: AED 134,000 a yearNew contract, September 2015: AED 122,250 a yearNew contract, October 2020: AED 57,000 a yearNew contract, November 2021: AED 65,000 a yearRenewal, November 2022: AED 65,000 a yearNew contract, November 2023: AED 95,000 a yearNew contract, October 2024: AED 105,000 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 501 sits

All 54 2-beds →

501 last sold in July 2020 at AED 499 per sqft, in line with what two-beds in Shakespeare Circus 2 were fetching at the time (AED 499). 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. 501's AED 105,000 is in the lower 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 5th floor

All 72 units in Shakespeare Circus 2
Value
5023-bedAED 1.68M · Apr 2018
5032-bedAED 1.2M · Oct 2013
5042-bedAED 1.2M · Oct 2013
5053-bedAED 1.5M · Aug 2013
5062-bedAED 1.25M · Jun 2024
5072-bedAED 1.53M · Jan 2014
5082-bedAED 1.22M · Nov 2013
1–7 of 11

501, Shakespeare Circus 2 in numbers

  • Sold 4 times: first on 26 January 2011 for AED 720,500, last on 26 July 2020 for AED 720,000 (AED 499 per sqft).
  • Rented since June 2012 on 9 Ejari contracts. The rent fell from AED 72,000 to AED 57,000 in 2020 and recovered to AED 105,000 by October 2024.
  • At AED 105,000 a year the gross yield on the 2020 price is 14.6%, before a service charge of about AED 16,800 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 1 October 2024.

Questions about 501, Shakespeare Circus 2

What did unit 501 last sell for?

AED 720,000 on 26 July 2020: AED 499 per sqft for 1,441 sqft. The unit has 4 registered sales; the first was AED 720,500 in January 2011.

What is the rent for unit 501?

AED 105,000 a year on the contract signed on 1 October 2024. The previous contract, from November 2023, was AED 95,000; the unit has been rented since June 2012.

How big is unit 501?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 501 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 501, Shakespeare Circus 2

Starts from the last sale price (AED 720K, 26 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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