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

405, Shakespeare Circus 3

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

Unit 405 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.7M29 August 2023
Current rentAED 180K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shakespeare Circus 3

What is 405 worth today?

Last sold for AED 1,700,000 in 2023

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1 Apr 2024RentedNew contract
AED 180,000/yr12 months · AED 86 per sqft
29 Aug 2023SoldReady
AED 1,700,000AED 808 per sqft
20 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 50 per sqft
20 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 48 per sqft
20 Oct 2020RentedNew contract
AED 96,000/yr12 months · AED 46 per sqft
28 Dec 2015SoldReady
AED 1,777,035AED 844 per sqft
1 Jul 2015RentedRenewal
AED 114,345/yr12 months · AED 54 per sqft
1 Jul 2014RentedRenewal
AED 103,950/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed apartment
Size
2,103 sqft
Floor
4th of 5
Parking
76-77
Service charge
AED 24,500 /yr
Last sold
AED 1.7M · August 2023

About 405, Shakespeare Circus 3

405 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 29 August 2023 for AED 1,700,000, or AED 808 per sqft, 21% above the AED 668 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 April 2024, is AED 180,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 24,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, December 2015: AED 1,777,035 (AED 844 per sqft)Sold, August 2023: AED 1,700,000 (AED 808 per sqft)

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

Rents
Unit 405, 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 103,952 a yearRenewal, July 2014: AED 103,950 a yearRenewal, July 2015: AED 114,345 a yearNew contract, October 2020: AED 96,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, October 2022: AED 105,000 a yearNew contract, April 2024: AED 180,000 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 405 sits

All 18 3-beds →

405 last sold in August 2023 at AED 808 per sqft, 21% above what three-beds in Shakespeare Circus 3 were fetching at the time (AED 668). 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. 405's AED 180,000 is at the top 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
4023-bedAED 1.4M · Jul 2023
4032-bedAED 1.53M · May 2014
4042-bedAED 1.26M · Nov 2023
4062-bedAED 1.04M · Aug 2013
4072-bedAED 1.3M · Dec 2023
4082-bedAED 920K · May 2022
1–7 of 11

405, Shakespeare Circus 3 in numbers

  • Sold 3 times: first on 26 September 2013 for AED 1,261,800, last on 29 August 2023 for AED 1,700,000 (AED 808 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 103,952 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 10.6%, 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 1 April 2024.

Questions about 405, Shakespeare Circus 3

What did unit 405 last sell for?

AED 1,700,000 on 29 August 2023: AED 808 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 405?

AED 180,000 a year on the contract signed on 1 April 2024. The previous contract, from October 2022, was AED 105,000; the unit has been rented since July 2013.

How big is unit 405?

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

What is unit 405 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 405, Shakespeare Circus 3

Starts from the last sale price (AED 1.7M, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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