3-bed · 1,999 sqftShakespeare Circus 3, Uptown Motorcity · 5th floor

505, Shakespeare Circus 3

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 1.67M15 February 2024
Current rentAED 115K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Shakespeare Circus 3

What is 505 worth today?

Last sold for AED 1,670,000 in 2024

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15 Feb 2024SoldReady
AED 1,670,000AED 835 per sqft
10 Sep 2022RentedRenewal
AED 115,000/yr12 months · AED 58 per sqft
10 Sep 2021RentedRenewal
AED 110,250/yr12 months · AED 55 per sqft
10 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 53 per sqft
10 Sep 2019RentedRenewal
AED 107,100/yr12 months · AED 54 per sqft
10 Sep 2018RentedNew contract
AED 102,000/yr12 months · AED 51 per sqft
25 Jun 2017RentedRenewal
AED 155,000/yr12 months · AED 78 per sqft
25 Jun 2016RentedNew contract
AED 155,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
3-bed apartment
Size
1,999 sqft
Floor
5th of 5
Parking
74-75
Service charge
AED 23,300 /yr
Last sold
AED 1.67M · February 2024

About 505, Shakespeare Circus 3

505 is a three-bedroom apartment of 1,999 sqft on the 5th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 15 February 2024 for AED 1,670,000, or AED 835 per sqft, 23% above the AED 677 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 10 September 2022, is AED 115,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 23,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Shakespeare Circus 3
1M1.5M2M20132016201920222025Typical 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 1,199,400 (AED 600 per sqft)Sold, March 2014: AED 984,508 (AED 492 per sqft)Sold, February 2024: AED 1,670,000 (AED 835 per sqft)

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

Rents
Unit 505, 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, October 2013: AED 98,000 a yearNew contract, September 2014: AED 154,571 a yearNew contract, June 2016: AED 155,000 a yearRenewal, June 2017: AED 155,000 a yearNew contract, September 2018: AED 102,000 a yearRenewal, September 2019: AED 107,100 a yearNew contract, September 2020: AED 105,000 a yearRenewal, September 2021: AED 110,250 a yearRenewal, September 2022: AED 115,000 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 505 sits

All 18 3-beds →

505 last sold in February 2024 at AED 835 per sqft, 23% above what three-beds in Shakespeare Circus 3 were fetching at the time (AED 677). 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. 505's AED 115,000 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 5th floor

All 72 units in Shakespeare Circus 3
Value
5012-bedAED 1.08M · Jul 2013
5023-bedAED 1.97M · Apr 2014
5032-bedAED 737K · May 2014
5042-bedAED 1.1M · Aug 2023
5062-bedAED 1.4M · Jan 2025
5072-bedAED 1.53M · Dec 2013
5082-bedAED 1.45M · Mar 2014
1–7 of 11

505, Shakespeare Circus 3 in numbers

  • Sold 3 times: first on 26 September 2013 for AED 1,199,400, last on 15 February 2024 for AED 1,670,000 (AED 835 per sqft).
  • Rented since October 2013 on 9 Ejari contracts, from AED 98,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 23,300 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 15 February 2024.

Questions about 505, Shakespeare Circus 3

What did unit 505 last sell for?

AED 1,670,000 on 15 February 2024: AED 835 per sqft for 1,999 sqft. The unit has 3 registered sales; the first was AED 1,199,400 in September 2013.

What is the rent for unit 505?

AED 115,000 a year on the contract renewed on 10 September 2022. The previous contract, from September 2021, was AED 110,250; the unit has been rented since October 2013.

How big is unit 505?

1,999 sqft (185.7 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 505 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 505, Shakespeare Circus 3

Starts from the last sale price (AED 1.67M, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

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