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1-bed · 1,047 sqftShakespeare Circus 1, Uptown Motorcity · 3rd floor

308, Shakespeare Circus 1

Sold prices and rental history: sold 4 times, last in June 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 1.03M21 June 2017
Current rentAED 50K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Shakespeare Circus 1

What is 308 worth today?

Last sold for AED 1,025,000 in 2017

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20 Mar 2023RentedRenewal
AED 49,500/yr12 months · AED 47 per sqft
20 Mar 2022RentedNew contract
AED 45,000/yr12 months · AED 43 per sqft
8 Dec 2020RentedRenewal
AED 54,000/yr13 months · AED 52 per sqft
8 Dec 2018RentedNew contract
AED 62,000/yr12 months · AED 59 per sqft
15 Oct 2017RentedNew contract
AED 76,000/yr12 months · AED 73 per sqft
21 Jun 2017SoldReady
AED 1,025,000AED 978 per sqft
8 Aug 2016RentedNew contract
AED 82,000/yr12 months · AED 79 per sqft
28 Jul 2015RentedNew contract
AED 84,000/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2023.

Key facts

Type
1-bed apartment
Size
1,047 sqft
Floor
3rd of 5
Parking
149
Service charge
AED 12,200 /yr
Last sold
AED 1.03M · June 2017
Building
Shakespeare Circus 1

About 308, Shakespeare Circus 1

308 is a one-bedroom apartment of 1,047 sqft on the 3rd floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 21 June 2017 for AED 1,025,000, or AED 978 per sqft, in line with the AED 962 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 20 March 2023, is AED 49,500 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 12,200 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Shakespeare Circus 1
500K1M2011201520192023Typical sale price by year: 2011 AED 522,500; 2013 AED 727,668; 2014 AED 990,000; 2015 AED 675,000; 2016 AED 957,010; 2017 AED 660,000; 2020 AED 400,000; 2021 AED 522,500; 2022 AED 524,373; 2023 AED 554,910; 2024 AED 850,000; 2025 AED 915,000Sold by developer, February 2011: AED 523,500 (AED 499 per sqft)Sold, November 2013: AED 827,130 (AED 789 per sqft)Sold, February 2014: AED 1,000,000 (AED 955 per sqft)Sold, June 2017: AED 1,025,000 (AED 978 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Shakespeare Circus 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 47,000; 2013 AED 49,350; 2014 AED 56,876; 2015 AED 68,000; 2016 AED 77,500; 2017 AED 70,000; 2018 AED 64,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 41,500; 2023 AED 50,000; 2024 AED 59,455; 2025 AED 61,250; 2026 AED 50,000New contract, August 2012: AED 47,000 a yearRenewal, August 2013: AED 49,350 a yearNew contract, August 2014: AED 56,752 a yearNew contract, July 2015: AED 84,000 a yearNew contract, August 2016: AED 82,000 a yearNew contract, October 2017: AED 76,000 a yearNew contract, December 2018: AED 62,000 a yearRenewal, December 2020: AED 54,000 a yearNew contract, March 2022: AED 45,000 a yearRenewal, March 2023: AED 49,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shakespeare Circus 1, and where 308 sits

All 120 1-beds →

308 last sold in June 2017 at AED 978 per sqft, in line with what one-beds in Shakespeare Circus 1 were fetching at the time (AED 962). Over the last 12 months one-beds sold for AED 685,000 to 1,100,000, around AED 978 per sqft, and rent for AED 40,540 to 94,000 a year. 308's AED 49,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,100,000
12 Feb 2026685,000
10 Dec 2025950,000
28 May 2025915,000
4 1-bed sales in the last 12 months

Shakespeare Circus 1

Building

125 apartments, 1-bed over 5 floors in Uptown Motorcity. 4 sold in the last 12 months.

Typical price per sqft
AED 978
Typical sale
AED 950K
Typical rent
AED 56K /yr
Typical yield
7.9%
Shakespeare Circus 1, Uptown Motorcity: prices, sales and rents →

Other units on the 3rd floor

All 125 units in Shakespeare Circus 1
Value
3011-bedAED 915K · May 2025
3021-bedAED 1.1M · Feb 2026
303AED 590K · Oct 2025
3041-bedAED 680K · Sep 2016
3051-bedAED 520K · Oct 2013
306AED 740K · Sep 2023
3071-bedAED 1.07M · Dec 2014
1–7 of 20

308, Shakespeare Circus 1 in numbers

  • Sold 4 times: first on 3 February 2011 for AED 523,500, last on 21 June 2017 for AED 1,025,000 (AED 978 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 47,000 to AED 49,500 a year.
  • At AED 49,500 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 12,200 a year (AED 11.65 per sqft).
  • One-beds in Shakespeare Circus 1 sold for AED 685,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 978 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2023.

Questions about 308, Shakespeare Circus 1

What did unit 308 last sell for?

AED 1,025,000 on 21 June 2017: AED 978 per sqft for 1,047 sqft. The unit has 4 registered sales; the first was AED 523,500 in February 2011.

What is the rent for unit 308?

AED 49,500 a year on the contract renewed on 20 March 2023. The previous contract, from March 2022, was AED 45,000; the unit has been rented since August 2012.

How big is unit 308?

1,047 sqft (97.3 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shakespeare Circus 1 sold for AED 685,000 to 1,100,000 in the last 12 months, around AED 978 per sqft.

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Mortgage on 308, Shakespeare Circus 1

Starts from the last sale price (AED 1.03M, 21 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

Plus AED 48,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →