2-bed · 1,441 sqftShakespeare Circus 3, Uptown Motorcity · 4th floor

406, Shakespeare Circus 3

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.04M12 August 2013
Current rentAED 122K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Shakespeare Circus 3

What is 406 worth today?

Last sold for AED 1,044,725 in 2013

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1 Dec 2024RentedRenewal
AED 122,000/yr12 months · AED 85 per sqft
1 Dec 2023RentedNew contract
AED 122,000/yr12 months · AED 85 per sqft
8 Mar 2023RentedRenewal
AED 94,286/yr7 months · AED 66 per sqft
8 Mar 2022RentedNew contract
AED 85,000/yr12 months · AED 59 per sqft
21 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 49 per sqft
21 Dec 2019RentedRenewal
AED 77,000/yr12 months · AED 53 per sqft
21 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
28 Dec 2017RentedNew contract
AED 93,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
4th of 5
Parking
170-359
Service charge
AED 16,800 /yr
Last sold
AED 1.04M · August 2013

About 406, Shakespeare Circus 3

406 is a two-bedroom apartment of 1,441 sqft on the 4th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 12 August 2013 for AED 1,044,725, or AED 725 per sqft, 3% below the AED 749 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 122,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 16,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Shakespeare Circus 3
1M1.5M2011201520192023Typical sale price by year: 2011 AED 716,929; 2013 AED 1,016,400; 2014 AED 1,636,600; 2015 AED 1,350,000; 2016 AED 1,367,500; 2018 AED 1,300,000; 2020 AED 750,000; 2021 AED 850,000; 2023 AED 1,220,000; 2024 AED 1,350,000; 2025 AED 1,570,000Sold by developer, February 2011: AED 691,496 (AED 479 per sqft)Sold, August 2013: AED 1,044,725 (AED 725 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Shakespeare Circus 3
75K100K125K20112015201920232027Typical rent by year: 2011 AED 75,000; 2012 AED 75,000; 2013 AED 80,000; 2014 AED 89,250; 2015 AED 105,000; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 96,500; 2019 AED 80,500; 2020 AED 68,000; 2021 AED 70,000; 2022 AED 78,500; 2023 AED 87,478; 2024 AED 115,000; 2025 AED 115,000; 2026 AED 120,000New contract, August 2012: AED 69,000 a yearNew contract, August 2013: AED 72,450 a yearNew contract, September 2014: AED 120,000 a yearNew contract, September 2016: AED 120,000 a yearNew contract, December 2017: AED 93,000 a yearNew contract, December 2018: AED 80,000 a yearRenewal, December 2019: AED 77,000 a yearRenewal, December 2020: AED 70,000 a yearNew contract, March 2022: AED 85,000 a yearRenewal, March 2023: AED 94,286 a yearNew contract, December 2023: AED 122,000 a yearRenewal, December 2024: AED 122,000 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 3, and where 406 sits

All 54 2-beds →

406 last sold in August 2013 at AED 725 per sqft, 3% below what two-beds in Shakespeare Circus 3 were fetching at the time (AED 749). Over the last 12 months two-beds sold for AED 1,800,000, around AED 1,062 per sqft, and rent for AED 97,200 to 145,000 a year. 406's AED 122,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jun 20261,800,000
26 Aug 20251,570,000
15 Jun 20251,725,000
9 May 20251,500,000
1 2-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
4053-bedAED 1.7M · Aug 2023
4072-bedAED 1.3M · Dec 2023
4082-bedAED 920K · May 2022
1–7 of 11

406, Shakespeare Circus 3 in numbers

  • Sold twice: first on 7 February 2011 for AED 691,496, last on 12 August 2013 for AED 1,044,725 (AED 725 per sqft).
  • Rented since August 2012 on 12 Ejari contracts, from AED 69,000 to AED 122,000 a year.
  • At AED 122,000 a year the gross yield on the 2013 price is 11.7%, before a service charge of about AED 16,800 a year (AED 11.65 per sqft).
  • Two-beds in Shakespeare Circus 3 sold for AED 1,800,000–1,800,000 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 December 2024.

Questions about 406, Shakespeare Circus 3

What did unit 406 last sell for?

AED 1,044,725 on 12 August 2013: AED 725 per sqft for 1,441 sqft. The unit has 2 registered sales; the first was AED 691,496 in February 2011.

What is the rent for unit 406?

AED 122,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 122,000; the unit has been rented since August 2012.

How big is unit 406?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 406 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 3 sold for AED 1,800,000 to 1,800,000 in the last 12 months, around AED 1,062 per sqft.

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Mortgage on 406, Shakespeare Circus 3

Starts from the last sale price (AED 1.04M, 12 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,044,725
Deposit, UAE resident (20%)
AED 208,945
Deposit, non-resident (40%)
AED 417,890
Monthly over 25 years at 3.7%
AED 4,274

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