2-bed · 1,497 sqftShakespeare Circus 2, Uptown Motorcity · 5th floor

503, Shakespeare Circus 2

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.2M3 October 2013
Current rentAED 120K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Shakespeare Circus 2

What is 503 worth today?

Last sold for AED 1,197,600 in 2013

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1 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
6 Jan 2024RentedNew contract
AED 118,000/yr12 months · AED 79 per sqft
1 Dec 2022RentedNew contract
AED 77,000/yr12 months · AED 51 per sqft
1 Dec 2021RentedRenewal
AED 70,000/yr12 months · AED 47 per sqft
1 Dec 2020RentedNew contract
AED 63,500/yr12 months · AED 42 per sqft
1 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 67 per sqft
1 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
1 Aug 2016RentedRenewal
AED 125,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,497 sqft
Floor
5th of 5
Parking
186-279
Service charge
AED 17,400 /yr
Last sold
AED 1.2M · October 2013

About 503, Shakespeare Circus 2

503 is a two-bedroom apartment of 1,497 sqft on the 5th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 3 October 2013 for AED 1,197,600, or AED 799 per sqft, 7% above the AED 750 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 December 2024, is AED 120,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 17,400 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 748,500 (AED 499 per sqft)Sold, October 2013: AED 1,197,600 (AED 799 per sqft)

503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, 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 2013: AED 75,600 a yearNew contract, August 2014: AED 125,000 a yearRenewal, August 2015: AED 125,000 a yearRenewal, August 2016: AED 125,000 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2018: AED 100,000 a yearNew contract, December 2020: AED 63,500 a yearRenewal, December 2021: AED 70,000 a yearNew contract, December 2022: AED 77,000 a yearNew contract, January 2024: AED 118,000 a yearNew contract, December 2024: 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 503 sits

All 54 2-beds →

503 last sold in October 2013 at AED 799 per sqft, 7% above what two-beds in Shakespeare Circus 2 were fetching at the time (AED 750). 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. 503'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 5th floor

All 72 units in Shakespeare Circus 2
Value
5012-bedAED 720K · Jul 2020
5023-bedAED 1.68M · Apr 2018
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

503, Shakespeare Circus 2 in numbers

  • Sold twice: first on 27 January 2011 for AED 748,500, last on 3 October 2013 for AED 1,197,600 (AED 799 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 75,600 to AED 63,500 in 2020 and recovered to AED 120,000 by December 2024.
  • At AED 120,000 a year the gross yield on the 2013 price is 10.0%, before a service charge of about AED 17,400 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 December 2024.

Questions about 503, Shakespeare Circus 2

What did unit 503 last sell for?

AED 1,197,600 on 3 October 2013: AED 799 per sqft for 1,497 sqft. The unit has 2 registered sales; the first was AED 748,500 in January 2011.

What is the rent for unit 503?

AED 120,000 a year on the contract signed on 1 December 2024. The previous contract, from January 2024, was AED 118,000; the unit has been rented since June 2013.

How big is unit 503?

1,497 sqft (139.1 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 503 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 503, Shakespeare Circus 2

Starts from the last sale price (AED 1.2M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,197,600
Deposit, UAE resident (20%)
AED 239,520
Deposit, non-resident (40%)
AED 479,040
Monthly over 25 years at 3.7%
AED 4,900

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