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3-bed · 1,999 sqftShakespeare Circus 2, Uptown Motorcity · 5th floor

505, Shakespeare Circus 2

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 24 April 2019
Last soldAED 1.5M21 August 2013
Current rentAED 114K /yr24 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Shakespeare Circus 2

What is 505 worth today?

Last sold for AED 1,499,250 in 2013

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24 Apr 2019RentedNew contract
AED 114,365/yr12 months · AED 57 per sqft
27 Apr 2018RentedNew contract
AED 125,000/yr12 months · AED 62 per sqft
21 Aug 2013SoldReady
AED 1,499,250AED 750 per sqft
25 Jun 2013RentedNew contract
AED 99,600/yr12 months · AED 50 per sqft
25 Jun 2012RentedNew contract
AED 95,000/yr12 months · AED 47 per sqft
26 Jan 2011Sold by developerReady
AED 999,500AED 500 per sqft

Source: Dubai Land Department. Updated 24 April 2019.

Key facts

Type
3-bed apartment
Size
1,999 sqft
Floor
5th of 5
Parking
224-225
Service charge
AED 23,300 /yr
Last sold
AED 1.5M · August 2013
Building
Shakespeare Circus 2

About 505, Shakespeare Circus 2

505 is a three-bedroom apartment of 1,999 sqft on the 5th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 21 August 2013 for AED 1,499,250, or AED 750 per sqft.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 24 April 2019, is AED 114,365 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 23,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Shakespeare Circus 2
1M1.5M2011201520192023Typical sale price by year: 2011 AED 1,066,000; 2013 AED 1,692,075; 2023 AED 1,500,000Sold by developer, January 2011: AED 999,500 (AED 500 per sqft)Sold, August 2013: AED 1,499,250 (AED 750 per sqft)

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

Rents
Unit 505, each contractTypical three-bed in Shakespeare Circus 2
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 99,600; 2014 AED 152,500; 2015 AED 155,000; 2016 AED 155,216; 2017 AED 148,000; 2018 AED 122,500; 2019 AED 110,000; 2020 AED 93,500; 2021 AED 95,000; 2022 AED 100,000; 2023 AED 135,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 160,000New contract, June 2012: AED 95,000 a yearNew contract, June 2013: AED 99,600 a yearNew contract, April 2018: AED 125,000 a yearNew contract, April 2019: AED 114,365 a year

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

3-beds in Shakespeare Circus 2, and where 505 sits

All 18 3-beds →

Over the last 12 months three-beds sold for AED 2,405,000, around AED 1,059 per sqft, and rent for AED 145,000 to 180,000 a year. 505's AED 114,365 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jan 20262,405,000
13 Jan 20252,400,000
3 Sep 20241,975,000
21 Aug 20231,515,000
1 3-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
5032-bedAED 1.2M · Oct 2013
5042-bedAED 1.2M · Oct 2013
5062-bedAED 1.25M · Jun 2024
5072-bedAED 1.53M · Jan 2014
5082-bedAED 1.22M · Nov 2013
1–7 of 11

505, Shakespeare Circus 2 in numbers

  • Sold twice: first on 26 January 2011 for AED 999,500, last on 21 August 2013 for AED 1,499,250 (AED 750 per sqft).
  • Rented since June 2012 on 4 Ejari contracts, from AED 95,000 to AED 114,365 a year.
  • At AED 114,365 a year the gross yield on the 2013 price is 7.6%, before a service charge of about AED 23,300 a year (AED 11.65 per sqft).
  • Three-beds in Shakespeare Circus 2 sold for AED 2,405,000–2,405,000 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 24 April 2019.

Questions about 505, Shakespeare Circus 2

What did unit 505 last sell for?

AED 1,499,250 on 21 August 2013: AED 750 per sqft for 1,999 sqft. The unit has 2 registered sales; the first was AED 999,500 in January 2011.

What is the rent for unit 505?

AED 114,365 a year on the contract signed on 24 April 2019. The previous contract, from April 2018, was AED 125,000; the unit has been rented since June 2012.

How big is unit 505?

1,999 sqft (185.7 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shakespeare Circus 2 sold for AED 2,405,000 to 2,405,000 in the last 12 months, around AED 1,059 per sqft.

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Mortgage on 505, Shakespeare Circus 2

Starts from the last sale price (AED 1.5M, 21 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,499,250
Deposit, UAE resident (20%)
AED 299,850
Deposit, non-resident (40%)
AED 599,700
Monthly over 25 years at 3.7%
AED 6,134

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