3-bed · 2,103 sqftShakespeare Circus 3, Uptown Motorcity · 4th floor

402, Shakespeare Circus 3

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 1.4M27 July 2023
Current rentAED 99K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Shakespeare Circus 3

What is 402 worth today?

Last sold for AED 1,400,000 in 2023

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27 Jul 2023SoldReady
AED 1,400,000AED 665 per sqft
1 Aug 2022RentedRenewal
AED 99,000/yr12 months · AED 47 per sqft
1 Aug 2021RentedRenewal
AED 90,000/yr12 months · AED 43 per sqft
1 Jul 2020RentedRenewal
AED 83,077/yr13 months · AED 40 per sqft
1 Jun 2019RentedNew contract
AED 92,308/yr13 months · AED 44 per sqft
1 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 57 per sqft
27 Jul 2016RentedRenewal
AED 126,010/yr12 months · AED 60 per sqft
20 Apr 2016SoldReady
AED 1,503,645AED 714 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
3-bed apartment
Size
2,103 sqft
Floor
4th of 5
Parking
51-52
Service charge
AED 24,500 /yr
Last sold
AED 1.4M · July 2023

About 402, Shakespeare Circus 3

402 is a three-bedroom apartment of 2,103 sqft on the 4th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 27 July 2023 for AED 1,400,000, or AED 665 per sqft, in line with the AED 665 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 99,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 24,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Shakespeare Circus 3
1.5M2M20132016201920222025Typical sale price by year: 2013 AED 1,279,200; 2014 AED 1,969,015; 2015 AED 1,867,000; 2016 AED 1,524,380; 2023 AED 1,430,000; 2024 AED 1,860,000Sold by developer, September 2013: AED 1,261,800 (AED 599 per sqft)Sold, April 2016: AED 1,503,645 (AED 714 per sqft)Sold, July 2023: AED 1,400,000 (AED 665 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Shakespeare Circus 3
100K150K2012201620202024Typical rent by year: 2012 AED 99,000; 2013 AED 102,244; 2014 AED 110,000; 2015 AED 118,092; 2016 AED 150,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 106,050; 2020 AED 93,654; 2021 AED 94,745; 2022 AED 102,914; 2023 AED 111,800; 2024 AED 162,500; 2025 AED 163,000; 2026 AED 175,000New contract, July 2013: AED 125,000 a yearRenewal, July 2014: AED 109,100 a yearRenewal, July 2015: AED 120,010 a yearRenewal, July 2016: AED 126,010 a yearNew contract, June 2018: AED 120,000 a yearNew contract, June 2019: AED 92,308 a yearRenewal, July 2020: AED 83,077 a yearRenewal, August 2021: AED 90,000 a yearRenewal, August 2022: AED 99,000 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 3, and where 402 sits

All 18 3-beds →

402 last sold in July 2023 at AED 665 per sqft, in line with what three-beds in Shakespeare Circus 3 were fetching at the time (AED 665). Over the last 12 months three-beds sold for AED 2,331,000, around AED 1,093 per sqft, and rent for AED 131,672 to 175,000 a year. 402's AED 99,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20262,331,000
28 Feb 20252,200,000
8 Oct 20242,050,000
25 Jun 20241,860,000
1 3-bed sale in the last 12 months

Shakespeare Circus 3

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 1,078
Typical sale
AED 2.07M
Typical rent
AED 125K /yr
Typical yield
6.8%
Shakespeare Circus 3, Uptown Motorcity: prices, sales and rents →

Other units on the 4th floor

All 72 units in Shakespeare Circus 3
Value
4012-bedAED 540K · Jun 2013
4032-bedAED 1.53M · May 2014
4042-bedAED 1.26M · Nov 2023
4053-bedAED 1.7M · Aug 2023
4062-bedAED 1.04M · Aug 2013
4072-bedAED 1.3M · Dec 2023
4082-bedAED 920K · May 2022
1–7 of 11

402, Shakespeare Circus 3 in numbers

  • Sold 3 times: first on 26 September 2013 for AED 1,261,800, last on 27 July 2023 for AED 1,400,000 (AED 665 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 83,077 in 2020 and recovered to AED 99,000 by August 2022.
  • At AED 99,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 24,500 a year (AED 11.65 per sqft).
  • Three-beds in Shakespeare Circus 3 sold for AED 2,331,000–2,331,000 in the 12 months to November 2026; the building's median across all types is AED 1,078 per sqft.

Source: Dubai Land Department. Updated 27 July 2023.

Questions about 402, Shakespeare Circus 3

What did unit 402 last sell for?

AED 1,400,000 on 27 July 2023: AED 665 per sqft for 2,103 sqft. The unit has 3 registered sales; the first was AED 1,261,800 in September 2013.

What is the rent for unit 402?

AED 99,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 90,000; the unit has been rented since July 2013.

How big is unit 402?

2,103 sqft (195.4 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 402 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 3 sold for AED 2,331,000 to 2,331,000 in the last 12 months, around AED 1,093 per sqft.

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Mortgage on 402, Shakespeare Circus 3

Starts from the last sale price (AED 1.4M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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