2-bed · 1,536 sqftShakespeare Circus 3, Uptown Motorcity · 4th floor

408, Shakespeare Circus 3

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 920K12 May 2022
Current rentAED 60K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shakespeare Circus 3

What is 408 worth today?

Last sold for AED 920,000 in 2022

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12 May 2022SoldReady
AED 920,000AED 598 per sqft
10 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
11 Dec 2019RentedRenewal
AED 75,000/yr12 months · AED 49 per sqft
11 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
14 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
14 Nov 2016RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
14 Jan 2016SoldReady
AED 1,300,000AED 846 per sqft
14 Jan 2016RentedNew contract
AED 93,916/yr9 months · AED 61 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
2-bed apartment
Size
1,536 sqft
Floor
4th of 5
Parking
3-270
Service charge
AED 17,900 /yr
Last sold
AED 920K · May 2022

About 408, Shakespeare Circus 3

408 is a two-bedroom apartment of 1,536 sqft on the 4th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 12 May 2022 for AED 920,000, or AED 598 per sqft, in line with the AED 598 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 10 December 2020, is AED 60,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 17,900 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, September 2013: AED 921,600 (AED 599 per sqft)Sold, January 2016: AED 1,300,000 (AED 846 per sqft)Sold, May 2022: AED 920,000 (AED 598 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Shakespeare Circus 3
50K100K20112015201920232027Typical 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, October 2012: AED 78,000 a yearNew contract, October 2013: AED 78,000 a yearRenewal, October 2014: AED 85,800 a yearRenewal, October 2015: AED 94,380 a yearNew contract, January 2016: AED 93,916 a yearNew contract, November 2016: AED 115,000 a yearNew contract, November 2017: AED 100,000 a yearNew contract, December 2018: AED 75,000 a yearRenewal, December 2019: AED 75,000 a yearNew contract, December 2020: AED 60,000 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 408 sits

All 54 2-beds →

408 last sold in May 2022 at AED 598 per sqft, in line with what two-beds in Shakespeare Circus 3 were fetching at the time (AED 598). 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. 408's AED 60,000 is at the bottom 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
4062-bedAED 1.04M · Aug 2013
4072-bedAED 1.3M · Dec 2023
1–7 of 11

408, Shakespeare Circus 3 in numbers

  • Sold 3 times: first on 26 September 2013 for AED 921,600, last on 12 May 2022 for AED 920,000 (AED 598 per sqft).
  • Rented since October 2012 on 10 Ejari contracts, from AED 78,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 6.5%, before a service charge of about AED 17,900 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 12 May 2022.

Questions about 408, Shakespeare Circus 3

What did unit 408 last sell for?

AED 920,000 on 12 May 2022: AED 598 per sqft for 1,536 sqft. The unit has 3 registered sales; the first was AED 921,600 in September 2013.

What is the rent for unit 408?

AED 60,000 a year on the contract signed on 10 December 2020. The previous contract, from December 2019, was AED 75,000; the unit has been rented since October 2012.

How big is unit 408?

1,536 sqft (142.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 408 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 408, Shakespeare Circus 3

Starts from the last sale price (AED 920K, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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