2-bed · 1,556 sqftShakespeare Circus 2, Uptown Motorcity · 4th floor

404, Shakespeare Circus 2

Sold prices and rental history: sold 3 times, last in December 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 698K23 December 2013
Current rentAED 120K /yr31 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Shakespeare Circus 2

What is 404 worth today?

Last sold for AED 697,500 in 2013

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31 Jul 2024RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
14 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
1 Sep 2021RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
1 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
1 Dec 2019RentedRenewal
AED 90,000/yr13 months · AED 58 per sqft
1 Dec 2018RentedNew contract
AED 92,500/yr12 months · AED 59 per sqft
23 Dec 2013SoldReady
AED 697,500AED 448 per sqft
8 Oct 2013SoldReady
AED 1,128,100AED 724 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2024.

Key facts

Type
2-bed apartment
Size
1,556 sqft
Floor
4th of 5
Parking
216-305
Service charge
AED 18,100 /yr
Last sold
AED 698K · December 2013

About 404, Shakespeare Circus 2

404 is a two-bedroom apartment of 1,556 sqft on the 4th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 23 December 2013 for AED 697,500, or AED 448 per sqft, 43% below the AED 789 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 31 July 2024, is AED 120,000 a year: a gross yield of 17.2% on the 2013 price, before the service charge of about AED 18,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Shakespeare Circus 2
1M1.5M2011201520192023Typical sale price by year: 2011 AED 815,000; 2013 AED 1,222,500; 2014 AED 1,500,000; 2015 AED 775,000; 2016 AED 1,525,000; 2017 AED 1,512,500; 2020 AED 800,000; 2023 AED 1,257,500; 2024 AED 1,280,000Sold by developer, January 2011: AED 778,000 (AED 499 per sqft)Sold, October 2013: AED 1,128,100 (AED 724 per sqft)Sold, December 2013: AED 697,500 (AED 448 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Shakespeare Circus 2
100K2012201620202024Typical rent by year: 2012 AED 72,000; 2013 AED 75,600; 2014 AED 120,000; 2015 AED 122,250; 2016 AED 123,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 69,500; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 115,000; 2025 AED 114,692; 2026 AED 125,000New contract, December 2018: AED 92,500 a yearRenewal, December 2019: AED 90,000 a yearNew contract, September 2020: AED 65,000 a yearRenewal, September 2021: AED 65,000 a yearNew contract, September 2022: AED 85,000 a yearNew contract, July 2024: AED 120,000 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 2, and where 404 sits

All 53 2-beds →

404 last sold in December 2013 at AED 448 per sqft, 43% below what two-beds in Shakespeare Circus 2 were fetching at the time (AED 789). 404's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Mar 20251,550,000
7 Feb 20251,590,000
20 Dec 20241,525,000
24 Sep 20241,400,000
0 2-bed sales in the last 12 months

Shakespeare Circus 2

Building

72 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 1 sold in the last 12 months.

Typical price per sqft
AED 1,059
Typical sale
AED 2.41M
Typical rent
AED 130K /yr
Typical yield
7.3%
Shakespeare Circus 2, Uptown Motorcity: prices, sales and rents →

Other units on the 4th floor

All 72 units in Shakespeare Circus 2
Value
4012-bedAED 1.28M · Jun 2024
4023-bedAED 1.58M · Sep 2013
4032-bedAED 1.53M · Dec 2024
4053-bedAED 1.68M · Oct 2013
4062-bedAED 1.1M · Nov 2023
4072-bedAED 1.62M · Jan 2014
4082-bedAED 1.28M · Jul 2024
1–7 of 11

404, Shakespeare Circus 2 in numbers

  • Sold 3 times: first on 25 January 2011 for AED 778,000, last on 23 December 2013 for AED 697,500 (AED 448 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 92,500 to AED 65,000 in 2021 and recovered to AED 120,000 by July 2024.
  • At AED 120,000 a year the gross yield on the 2013 price is 17.2%, before a service charge of about AED 18,100 a year (AED 11.65 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2024.

Questions about 404, Shakespeare Circus 2

What did unit 404 last sell for?

AED 697,500 on 23 December 2013: AED 448 per sqft for 1,556 sqft. The unit has 3 registered sales; the first was AED 778,000 in January 2011.

What is the rent for unit 404?

AED 120,000 a year on the contract signed on 31 July 2024. The previous contract, from September 2022, was AED 85,000; the unit has been rented since December 2018.

How big is unit 404?

1,556 sqft (144.6 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 404, Shakespeare Circus 2

Starts from the last sale price (AED 698K, 23 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 697,500
Deposit, UAE resident (20%)
AED 139,500
Deposit, non-resident (40%)
AED 279,000
Monthly over 25 years at 3.7%
AED 2,854

Plus AED 34,305 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →