2-bed · 1,480 sqftShakespeare Circus 2, Uptown Motorcity · 5th floor

510, Shakespeare Circus 2

Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 1.5M31 August 2014
Current rentAED 80K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Shakespeare Circus 2

What is 510 worth today?

Last sold for AED 1,500,000 in 2014

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20 Jul 2023RentedRenewal
AED 80,000/yr12 months · AED 54 per sqft
20 Jul 2022RentedNew contract
AED 76,000/yr12 months · AED 51 per sqft
1 Mar 2021RentedNew contract
AED 58,000/yr12 months · AED 39 per sqft
31 Aug 2014SoldReady
AED 1,500,000AED 1,013 per sqft
31 Oct 2013SoldReady
AED 592,000AED 399 per sqft
15 Jun 2013RentedNew contract
AED 75,600/yr12 months · AED 51 per sqft
26 Jan 2011Sold by developerReady
AED 740,000AED 499 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
5th of 5
Parking
187-440
Service charge
AED 17,200 /yr
Last sold
AED 1.5M · August 2014

About 510, Shakespeare Circus 2

510 is a two-bedroom apartment of 1,480 sqft on the 5th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 31 August 2014 for AED 1,500,000, or AED 1,013 per sqft, 27% above the AED 799 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 20 July 2023, is AED 80,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 17,200 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in Shakespeare Circus 2
500K1M1.5M2011201520192023Typical 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 740,000 (AED 499 per sqft)Sold, October 2013: AED 592,000 (AED 399 per sqft)Sold, August 2014: AED 1,500,000 (AED 1,013 per sqft)

510 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 510, 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 2013: AED 75,600 a yearNew contract, March 2021: AED 58,000 a yearNew contract, July 2022: AED 76,000 a yearRenewal, July 2023: AED 80,000 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 510 sits

All 54 2-beds →

510 last sold in August 2014 at AED 1,013 per sqft, 27% above what two-beds in Shakespeare Circus 2 were fetching at the time (AED 799). 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. 510's AED 80,000 is at the bottom 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
5072-bedAED 1.53M · Jan 2014
1–7 of 11

510, Shakespeare Circus 2 in numbers

  • Sold 3 times: first on 26 January 2011 for AED 740,000, last on 31 August 2014 for AED 1,500,000 (AED 1,013 per sqft).
  • Rented since June 2013 on 4 Ejari contracts. The rent fell from AED 75,600 to AED 58,000 in 2021 and recovered to AED 80,000 by July 2023.
  • At AED 80,000 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 17,200 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 20 July 2023.

Questions about 510, Shakespeare Circus 2

What did unit 510 last sell for?

AED 1,500,000 on 31 August 2014: AED 1,013 per sqft for 1,480 sqft. The unit has 3 registered sales; the first was AED 740,000 in January 2011.

What is the rent for unit 510?

AED 80,000 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 76,000; the unit has been rented since June 2013.

How big is unit 510?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 510 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 510, Shakespeare Circus 2

Starts from the last sale price (AED 1.5M, 31 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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