506, Shakespeare Circus 2
Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Shakespeare Circus 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 28 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,441 sqft
- Floor
- 5th of 5
- Parking
- 432-103
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.25M · June 2024
- Building
- Shakespeare Circus 2
About 506, Shakespeare Circus 2
506 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 28 June 2024 for AED 1,250,000, or AED 867 per sqft, 13% above the AED 770 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 7 January 2021, is AED 59,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 16,800 a year.
Sales and rents for 506 over time
506 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 54 2-beds →506 last sold in June 2024 at AED 867 per sqft, 13% above what two-beds in Shakespeare Circus 2 were fetching at the time (AED 770). 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. 506's AED 59,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Mar 202625 March 2026 | 1,694 sqft | 1,750,000 | 1,033 | ||
| 27 Oct 202527 October 2025 | 1,630 sqft | 1,700,000 | 1,042 | ||
| 19 Mar 202519 March 2025 | 1,630 sqft | 1,550,000 | 950 | ||
| 7 Feb 20257 February 2025 | 1,630 sqft | 1,590,000 | 975 |
Shakespeare Circus 2
Building72 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%
Other units on the 5th floor
All 72 units in Shakespeare Circus 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,441 sqft | AED 720KAED 720,000 · Jul 2020July 2020 | 105,000 /yr | |
| 502 | 3-bed | 1,999 sqft | AED 1.68MAED 1,680,000 · Apr 2018April 2018 | 180,000 /yr | |
| 503 | 2-bed | 1,497 sqft | AED 1.2MAED 1,197,600 · Oct 2013October 2013 | 120,000 /yr | |
| 504 | 2-bed | 1,497 sqft | AED 1.2MAED 1,197,600 · Oct 2013October 2013 | 120,000 /yr | |
| 505 | 3-bed | 1,999 sqft | AED 1.5MAED 1,499,250 · Aug 2013August 2013 | 114,365 /yr | |
| 507 | 2-bed | 1,854 sqft | AED 1.53MAED 1,529,550 · Jan 2014January 2014 | 95,000 /yr | |
| 508 | 2-bed | 1,483 sqft | AED 1.22MAED 1,223,475 · Nov 2013November 2013 | 105,000 /yr | |
| 509 | 2-bed | 1,480 sqft | AED 825KAED 825,000 · Oct 2019October 2019 | 120,000 /yr | |
| 510 | 2-bed | 1,480 sqft | AED 1.5MAED 1,500,000 · Aug 2014August 2014 | 80,000 /yr | |
| 511 | 2-bed | 1,483 sqft | AED 1.19MAED 1,186,400 · Oct 2013October 2013 | 115,000 /yr | |
| 512 | 2-bed | 1,854 sqft | AED 1.25MAED 1,250,000 · Oct 2023October 2023 | 110,000 /yr |
506, Shakespeare Circus 2 in numbers
- Sold 4 times: first on 26 January 2011 for AED 720,500, last on 28 June 2024 for AED 1,250,000 (AED 867 per sqft).
- Rented since December 2012 on 6 Ejari contracts, from AED 68,000 to AED 59,000 a year.
- At AED 59,000 a year the gross yield on the 2024 price is 4.7%, 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 28 June 2024.
Questions about 506, Shakespeare Circus 2
What did unit 506 last sell for?
AED 1,250,000 on 28 June 2024: AED 867 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 506?
AED 59,000 a year on the contract signed on 7 January 2021. The previous contract, from July 2018, was AED 92,500; the unit has been rented since December 2012.
How big is unit 506?
1,441 sqft (133.9 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 506 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 506, Shakespeare Circus 2
Starts from the last sale price (AED 1.25M, 28 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →