1-bed · 1,022 sqftShakespeare Circus 1, Uptown Motorcity · 5th floor

502, Shakespeare Circus 1

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 542K24 May 2023
Current rentAED 40K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Shakespeare Circus 1

What is 502 worth today?

Last sold for AED 541,675 in 2023

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24 May 2023SoldReady
AED 541,675AED 529 per sqft
1 Apr 2022RentedRenewal
AED 40,000/yr12 months · AED 39 per sqft
16 Sep 2019RentedNew contract
AED 57,000/yr12 months · AED 56 per sqft
10 Sep 2015RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
24 Aug 2014RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
26 Sep 2013SoldReady
AED 712,334AED 696 per sqft
1 Mar 2013RentedNew contract
AED 55,000/yr12 months · AED 54 per sqft
3 Feb 2011Sold by developerReady
AED 511,000AED 499 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2023.

Key facts

Type
1-bed apartment
Size
1,022 sqft
Floor
5th of 5
Parking
128
Service charge
AED 11,900 /yr
Last sold
AED 542K · May 2023

About 502, Shakespeare Circus 1

502 is a one-bedroom apartment of 1,022 sqft on the 5th floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 24 May 2023 for AED 541,675, or AED 529 per sqft, in line with the AED 529 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 40,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 511,000 (AED 499 per sqft)Sold, September 2013: AED 712,334 (AED 696 per sqft)Sold, May 2023: AED 541,675 (AED 529 per sqft)

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

Rents
Unit 502, 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, March 2013: AED 55,000 a yearNew contract, August 2014: AED 75,000 a yearNew contract, September 2015: AED 75,000 a yearNew contract, September 2019: AED 57,000 a yearRenewal, April 2022: AED 40,000 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 502 sits

All 120 1-beds →

502 last sold in May 2023 at AED 529 per sqft, in line with what one-beds in Shakespeare Circus 1 were fetching at the time (AED 529). 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. 502's AED 40,000 is at the bottom 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 5th floor

All 125 units in Shakespeare Circus 1
Value
5011-bedAED 515K · Mar 2021
5031-bedAED 668K · Sep 2015
5041-bedAED 695K · Feb 2015
5051-bedAED 425K · Mar 2023
5061-bedAED 484K · Aug 2022
5071-bedAED 940K · Sep 2016
5081-bedAED 512K · Mar 2023
1–7 of 20

502, Shakespeare Circus 1 in numbers

  • Sold 3 times: first on 3 February 2011 for AED 511,000, last on 24 May 2023 for AED 541,675 (AED 529 per sqft).
  • Rented since March 2013 on 5 Ejari contracts, from AED 55,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 11,900 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 24 May 2023.

Questions about 502, Shakespeare Circus 1

What did unit 502 last sell for?

AED 541,675 on 24 May 2023: AED 529 per sqft for 1,022 sqft. The unit has 3 registered sales; the first was AED 511,000 in February 2011.

What is the rent for unit 502?

AED 40,000 a year on the contract renewed on 1 April 2022. The previous contract, from September 2019, was AED 57,000; the unit has been rented since March 2013.

How big is unit 502?

1,022 sqft (94.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 502 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 502, Shakespeare Circus 1

Starts from the last sale price (AED 542K, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 541,675
Deposit, UAE resident (20%)
AED 108,335
Deposit, non-resident (40%)
AED 216,670
Monthly over 25 years at 3.7%
AED 2,216

Plus AED 27,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →