508, Shakespeare Circus 1
Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Shakespeare Circus 1
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 967 sqft
- Floor
- 5th of 5
- Parking
- 39
- Service charge
- AED 11,300 /yr
- Last sold
- AED 512K · March 2023
- Building
- Shakespeare Circus 1
About 508, Shakespeare Circus 1
508 is a one-bedroom apartment of 967 sqft on the 5th floor of Shakespeare Circus 1, a 5-storey tower in Uptown Motorcity. It last sold on 23 March 2023 for AED 512,000, 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 7 Ejari contracts. The current contract, signed on 15 July 2024, is AED 75,041 a year: a gross yield of 14.7% on the 2023 price, before the service charge of about AED 11,300 a year.
Sales and rents for 508 over time
508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 120 1-beds →508 last sold in March 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. 508's AED 75,041 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,091 sqft | 1,100,000 | 1,008 | ||
| 12 Feb 202612 February 2026 | 686 sqft | 685,000 | 998 | ||
| 10 Dec 202510 December 2025 | 1,047 sqft | 950,000 | 907 | ||
| 28 May 202528 May 2025 | 1,081 sqft | 915,000 | 846 |
Shakespeare Circus 1
Building125 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%
Other units on the 5th floor
All 125 units in Shakespeare Circus 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,087 sqft | AED 515KAED 515,000 · Mar 2021March 2021 | 63,800 /yr | |
| 502 | 1-bed | 1,022 sqft | AED 542KAED 541,675 · May 2023May 2023 | 40,000 /yr | |
| 503 | 1-bed | 661 sqft | AED 668KAED 668,000 · Sep 2015September 2015 | 37,400 /yr | |
| 504 | 1-bed | 688 sqft | AED 695KAED 695,000 · Feb 2015February 2015 | 40,540 /yr | |
| 505 | 1-bed | 661 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 46,200 /yr | |
| 506 | 1-bed | 967 sqft | AED 484KAED 483,515 · Aug 2022August 2022 | 50,000 /yr | |
| 507 | 1-bed | 1,075 sqft | AED 940KAED 940,000 · Sep 2016September 2016 | 44,000 /yr | |
| 509 | 1-bed | 661 sqft | AED 610KAED 610,000 · Sep 2024September 2024 | 47,000 /yr | |
| 510 | 1-bed | 688 sqft | AED 688KAED 688,000 · Jan 2017January 2017 | 60,000 /yr | |
| 511 | 1-bed | 661 sqft | AED 668KAED 668,000 · Aug 2015August 2015 | 42,000 /yr | |
| 512 | 1-bed | 1,022 sqft | AED 780KAED 780,000 · Dec 2023December 2023 | 45,000 /yr | |
| 513 | 1-bed | 1,087 sqft | AED 950KAED 950,000 · Mar 2025March 2025 | 80,000 /yr | |
| 514 | 1-bed | 999 sqft | AED 824KAED 824,175 · Dec 2013December 2013 | 53,940 /yr | |
| 515 | 1-bed | 991 sqft | AED 525KAED 525,246 · Dec 2022December 2022 | 75,000 /yr | |
| 516 | 1-bed | 991 sqft | AED 496KAED 495,500 · Nov 2021November 2021 | 40,000 /yr | |
| 517 | 1-bed | 993 sqft | AED 526KAED 526,274 · Mar 2023March 2023 | 40,000 /yr | |
| 518 | 1-bed | 993 sqft | AED 660KAED 660,000 · Aug 2019August 2019 | 58,000 /yr | |
| 519 | 991 sqft | AED 950KAED 950,000 · Nov 2025November 2025 | 57,000 /yr | ||
| 520 | 1-bed | 991 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | 60,000 /yr | |
| 521 | 1-bed | 999 sqft | AED 950KAED 950,000 · May 2025May 2025 | 75,000 /yr |
508, Shakespeare Circus 1 in numbers
- Sold 3 times: first on 1 February 2011 for AED 483,500, last on 23 March 2023 for AED 512,000 (AED 529 per sqft).
- Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 63,000 to AED 40,000 in 2022 and recovered to AED 75,041 by July 2024.
- At AED 75,041 a year the gross yield on the 2023 price is 14.7%, before a service charge of about AED 11,300 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 15 July 2024.
Questions about 508, Shakespeare Circus 1
What did unit 508 last sell for?
AED 512,000 on 23 March 2023: AED 529 per sqft for 967 sqft. The unit has 3 registered sales; the first was AED 483,500 in February 2011.
What is the rent for unit 508?
AED 75,041 a year on the contract signed on 15 July 2024. The previous contract, from July 2022, was AED 40,000; the unit has been rented since July 2013.
How big is unit 508?
967 sqft (89.8 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 508 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 508, Shakespeare Circus 1
Starts from the last sale price (AED 512K, 23 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 512,000
- Deposit, UAE resident (20%)
- AED 102,400
- Deposit, non-resident (40%)
- AED 204,800
- Monthly over 25 years at 3.7%
- AED 2,095
Plus AED 26,514 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →