2-bed · 1,533 sqftShakespeare Circus 3, Uptown Motorcity · 4th floor

409, Shakespeare Circus 3

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.32M10 June 2024
Current rentAED 84K /yr17 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shakespeare Circus 3

What is 409 worth today?

Last sold for AED 1,320,000 in 2024

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10 Jun 2024SoldReady
AED 1,320,000AED 861 per sqft
16 Feb 2024SoldReady
AED 1,175,000AED 766 per sqft
17 Oct 2023RentedRenewal
AED 84,000/yr12 months · AED 55 per sqft
17 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
25 Sep 2021RentedNew contract
AED 68,250/yr12 months · AED 45 per sqft
25 Sep 2020RentedRenewal
AED 65,000/yr12 months · AED 43 per sqft
25 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
20 Aug 2018RentedRenewal
AED 98,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,533 sqft
Floor
4th of 5
Parking
385-263
Service charge
AED 17,900 /yr
Last sold
AED 1.32M · June 2024

About 409, Shakespeare Circus 3

409 is a two-bedroom apartment of 1,533 sqft on the 4th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 10 June 2024 for AED 1,320,000, or AED 861 per sqft, 12% above the AED 770 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 17 October 2023, is AED 84,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 766,500 (AED 500 per sqft)Sold, May 2013: AED 1,149,750 (AED 750 per sqft)Sold, February 2024: AED 1,175,000 (AED 766 per sqft)Sold, June 2024: AED 1,320,000 (AED 861 per sqft)

409 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 409, 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, February 2013: AED 90,000 a yearNew contract, October 2013: AED 98,000 a yearNew contract, October 2014: AED 98,000 a yearNew contract, June 2015: AED 120,000 a yearNew contract, June 2016: AED 120,000 a yearNew contract, July 2017: AED 100,000 a yearNew contract, August 2017: AED 105,000 a yearRenewal, August 2018: AED 98,000 a yearNew contract, September 2019: AED 75,000 a yearRenewal, September 2020: AED 65,000 a yearNew contract, September 2021: AED 68,250 a yearNew contract, October 2022: AED 80,000 a yearRenewal, October 2023: AED 84,000 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 409 sits

All 54 2-beds →

409 last sold in June 2024 at AED 861 per sqft, 12% above what two-beds in Shakespeare Circus 3 were fetching at the time (AED 770). 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. 409's AED 84,000 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

409, Shakespeare Circus 3 in numbers

  • Sold 4 times: first on 7 February 2011 for AED 766,500, last on 10 June 2024 for AED 1,320,000 (AED 861 per sqft).
  • Rented since February 2013 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2020 and recovered to AED 84,000 by October 2023.
  • At AED 84,000 a year the gross yield on the 2024 price is 6.4%, 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 10 June 2024.

Questions about 409, Shakespeare Circus 3

What did unit 409 last sell for?

AED 1,320,000 on 10 June 2024: AED 861 per sqft for 1,533 sqft. The unit has 4 registered sales; the first was AED 766,500 in February 2011.

What is the rent for unit 409?

AED 84,000 a year on the contract renewed on 17 October 2023. The previous contract, from October 2022, was AED 80,000; the unit has been rented since February 2013.

How big is unit 409?

1,533 sqft (142.4 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 409 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 409, Shakespeare Circus 3

Starts from the last sale price (AED 1.32M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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