2-bed · 1,480 sqftShakespeare Circus 3, Uptown Motorcity · 5th floor

510, Shakespeare Circus 3

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1.5M8 July 2024
Current rentAED 64K /yr29 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Shakespeare Circus 3

What is 510 worth today?

Last sold for AED 1,500,000 in 2024

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8 Jul 2024SoldReady
AED 1,500,000AED 1,013 per sqft
11 Aug 2021SoldReady
AED 830,000AED 560 per sqft
29 May 2020RentedRenewal
AED 64,000/yr12 months · AED 43 per sqft
29 May 2019RentedNew contract
AED 76,000/yr12 months · AED 51 per sqft
10 Apr 2018RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
10 Apr 2017RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
10 Apr 2016RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
10 Apr 2015RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
5th of 5
Parking
55-339
Service charge
AED 17,200 /yr
Last sold
AED 1.5M · July 2024

About 510, Shakespeare Circus 3

510 is a two-bedroom apartment of 1,480 sqft on the 5th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 8 July 2024 for AED 1,500,000, or AED 1,013 per sqft, 31% above the AED 773 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 29 May 2020, is AED 64,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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 710,211 (AED 479 per sqft)Sold, August 2013: AED 1,058,200 (AED 714 per sqft)Sold, August 2021: AED 830,000 (AED 560 per sqft)Sold, July 2024: AED 1,500,000 (AED 1,013 per sqft)

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

Rents
Unit 510, each contractTypical two-bed in Shakespeare Circus 3
100K20112015201920232027Typical 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, April 2014: AED 120,000 a yearRenewal, April 2015: AED 120,000 a yearRenewal, April 2016: AED 120,000 a yearRenewal, April 2017: AED 120,000 a yearRenewal, April 2018: AED 110,000 a yearNew contract, May 2019: AED 76,000 a yearRenewal, May 2020: AED 64,000 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 510 sits

All 54 2-beds →

510 last sold in July 2024 at AED 1,013 per sqft, 31% above what two-beds in Shakespeare Circus 3 were fetching at the time (AED 773). 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. 510's AED 64,000 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 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
5072-bedAED 1.53M · Dec 2013
1–7 of 11

510, Shakespeare Circus 3 in numbers

  • Sold 4 times: first on 7 February 2011 for AED 710,211, last on 8 July 2024 for AED 1,500,000 (AED 1,013 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 120,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 17,200 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 8 July 2024.

Questions about 510, Shakespeare Circus 3

What did unit 510 last sell for?

AED 1,500,000 on 8 July 2024: AED 1,013 per sqft for 1,480 sqft. The unit has 4 registered sales; the first was AED 710,211 in February 2011.

What is the rent for unit 510?

AED 64,000 a year on the contract renewed on 29 May 2020. The previous contract, from May 2019, was AED 76,000; the unit has been rented since April 2014.

How big is unit 510?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 510 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 510, Shakespeare Circus 3

Starts from the last sale price (AED 1.5M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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