2-bed · 1,854 sqftShakespeare Circus 3, Uptown Motorcity · 5th floor

507, Shakespeare Circus 3

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

Unit 507 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.53M30 December 2013
Current rentAED 115K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Shakespeare Circus 3

What is 507 worth today?

Last sold for AED 1,529,550 in 2013

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1 Jun 2024RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft
31 May 2023RentedRenewal
AED 87,956/yr12 months · AED 48 per sqft
1 Jun 2022RentedNew contract
AED 84,000/yr12 months · AED 45 per sqft
1 Sep 2020RentedNew contract
AED 54,000/yr12 months · AED 29 per sqft
1 Jun 2020RentedRenewal
AED 85,000/yr12 months · AED 46 per sqft
1 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 46 per sqft
15 May 2018RentedRenewal
AED 105,000/yr12 months · AED 57 per sqft
15 May 2017RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,854 sqft
Floor
5th of 5
Parking
167-356
Service charge
AED 21,600 /yr
Last sold
AED 1.53M · December 2013

About 507, Shakespeare Circus 3

507 is a two-bedroom apartment of 1,854 sqft on the 5th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 30 December 2013 for AED 1,529,550, or AED 825 per sqft, 38% above the AED 600 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 1 June 2024, is AED 115,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 21,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 927,521 (AED 500 per sqft)Sold, December 2013: AED 1,529,550 (AED 825 per sqft)

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

Rents
Unit 507, 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, January 2013: AED 72,000 a yearNew contract, January 2014: AED 110,000 a yearRenewal, January 2015: AED 120,000 a yearNew contract, January 2016: AED 120,000 a yearRenewal, January 2017: AED 120,000 a yearNew contract, May 2017: AED 110,000 a yearRenewal, May 2018: AED 105,000 a yearNew contract, June 2019: AED 85,000 a yearRenewal, June 2020: AED 85,000 a yearNew contract, September 2020: AED 54,000 a yearNew contract, June 2022: AED 84,000 a yearRenewal, May 2023: AED 87,956 a yearRenewal, June 2024: AED 115,000 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 507 sits

All 54 2-beds →

507 last sold in December 2013 at AED 825 per sqft, 38% above what two-beds in Shakespeare Circus 3 were fetching at the time (AED 600). 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. 507's AED 115,000 is in the lower 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 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
5053-bedAED 1.67M · Feb 2024
5062-bedAED 1.4M · Jan 2025
5082-bedAED 1.45M · Mar 2014
1–7 of 11

507, Shakespeare Circus 3 in numbers

  • Sold twice: first on 23 February 2011 for AED 927,521, last on 30 December 2013 for AED 1,529,550 (AED 825 per sqft).
  • Rented since January 2013 on 13 Ejari contracts. The rent fell from AED 72,000 to AED 54,000 in 2020 and recovered to AED 115,000 by June 2024.
  • At AED 115,000 a year the gross yield on the 2013 price is 7.5%, before a service charge of about AED 21,600 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 June 2024.

Questions about 507, Shakespeare Circus 3

What did unit 507 last sell for?

AED 1,529,550 on 30 December 2013: AED 825 per sqft for 1,854 sqft. The unit has 2 registered sales; the first was AED 927,521 in February 2011.

What is the rent for unit 507?

AED 115,000 a year on the contract renewed on 1 June 2024. The previous contract, from May 2023, was AED 87,956; the unit has been rented since January 2013.

How big is unit 507?

1,854 sqft (172.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 507 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 507, Shakespeare Circus 3

Starts from the last sale price (AED 1.53M, 30 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,529,550
Deposit, UAE resident (20%)
AED 305,910
Deposit, non-resident (40%)
AED 611,820
Monthly over 25 years at 3.7%
AED 6,258

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