2-bed · 1,854 sqftShakespeare Circus 2, Uptown Motorcity · 5th floor

507, Shakespeare Circus 2

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 15 April 2020
Last soldAED 1.53M6 January 2014
Current rentAED 95K /yr15 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Shakespeare Circus 2

What is 507 worth today?

Last sold for AED 1,529,550 in 2014

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15 Apr 2020RentedNew contract
AED 95,000/yr12 months · AED 51 per sqft
15 Apr 2019RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
15 Apr 2018RentedRenewal
AED 112,500/yr12 months · AED 61 per sqft
15 Apr 2017RentedRenewal
AED 125,000/yr12 months · AED 68 per sqft
15 Apr 2016RentedRenewal
AED 125,000/yr12 months · AED 68 per sqft
15 Apr 2015RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
15 Apr 2014RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
6 Jan 2014SoldReady
AED 1,529,550AED 825 per sqft

Source: Dubai Land Department. Updated 15 April 2020.

Key facts

Type
2-bed apartment
Size
1,854 sqft
Floor
5th of 5
Parking
433-17
Service charge
AED 21,600 /yr
Last sold
AED 1.53M · January 2014

About 507, Shakespeare Circus 2

507 is a two-bedroom apartment of 1,854 sqft on the 5th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 6 January 2014 for AED 1,529,550, or AED 825 per sqft, 5% above the AED 789 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 April 2020, is AED 95,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 21,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 927,000 (AED 500 per sqft)Sold, January 2014: AED 1,529,550 (AED 825 per sqft)

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

Rents
Unit 507, 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, April 2013: AED 75,000 a yearNew contract, April 2014: AED 125,000 a yearNew contract, April 2015: AED 125,000 a yearRenewal, April 2016: AED 125,000 a yearRenewal, April 2017: AED 125,000 a yearRenewal, April 2018: AED 112,500 a yearRenewal, April 2019: AED 95,000 a yearNew contract, April 2020: AED 95,000 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 507 sits

All 54 2-beds →

507 last sold in January 2014 at AED 825 per sqft, 5% above what two-beds in Shakespeare Circus 2 were fetching at the time (AED 789). 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. 507's AED 95,000 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
5012-bedAED 720K · Jul 2020
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
5082-bedAED 1.22M · Nov 2013
1–7 of 11

507, Shakespeare Circus 2 in numbers

  • Sold twice: first on 26 January 2011 for AED 927,000, last on 6 January 2014 for AED 1,529,550 (AED 825 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 75,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 21,600 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 15 April 2020.

Questions about 507, Shakespeare Circus 2

What did unit 507 last sell for?

AED 1,529,550 on 6 January 2014: AED 825 per sqft for 1,854 sqft. The unit has 2 registered sales; the first was AED 927,000 in January 2011.

What is the rent for unit 507?

AED 95,000 a year on the contract signed on 15 April 2020. The previous contract, from April 2019, was AED 95,000; the unit has been rented since April 2013.

How big is unit 507?

1,854 sqft (172.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 507 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 507, Shakespeare Circus 2

Starts from the last sale price (AED 1.53M, 6 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,529,550
Deposit, UAE resident (20%)
AED 305,910
Deposit, non-resident (40%)
AED 611,820
Monthly over 25 years at 3.7%
AED 6,258

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