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

509, Shakespeare Circus 2

Sold prices and rental history: sold 4 times, last in October 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 8 October 2019
Last soldAED 825K8 October 2019
Current rentAED 83K /yr17 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Shakespeare Circus 2

What is 509 worth today?

Last sold for AED 825,000 in 2019

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8 Oct 2019SoldReady
AED 825,000AED 557 per sqft
17 Oct 2018RentedRenewal
AED 83,000/yr12 months · AED 56 per sqft
17 Apr 2018SoldReady
AED 1,200,000AED 810 per sqft
17 Oct 2017RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
17 Oct 2016RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
18 Sep 2015RentedRenewal
AED 125,000/yr12 months · AED 84 per sqft
18 Sep 2014RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft
20 Jul 2014RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 October 2019.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
5th of 5
Parking
221-306
Service charge
AED 17,200 /yr
Last sold
AED 825K · October 2019

About 509, Shakespeare Circus 2

509 is a two-bedroom apartment of 1,480 sqft on the 5th floor of Shakespeare Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 8 October 2019 for AED 825,000, or AED 557 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 17 October 2018, is AED 83,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 17,200 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Shakespeare Circus 2
500K1M1.5M2011201520192023Typical 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 740,000 (AED 499 per sqft)Sold, October 2013: AED 592,000 (AED 399 per sqft)Sold, April 2018: AED 1,200,000 (AED 810 per sqft)Sold, October 2019: AED 825,000 (AED 557 per sqft)

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

Rents
Unit 509, 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, June 2013: AED 75,600 a yearNew contract, July 2014: AED 125,000 a yearNew contract, September 2014: AED 125,000 a yearRenewal, September 2015: AED 125,000 a yearNew contract, October 2016: AED 115,000 a yearNew contract, October 2017: AED 110,000 a yearRenewal, October 2018: AED 83,000 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 509 sits

All 53 2-beds →

509's AED 83,000 is at the bottom 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 5th floor

All 72 units in Shakespeare Circus 2
Value
5012-bedAED 720K · Jul 2020
5023-bedAED 1.68M · Apr 2018
5032-bedAED 1.2M · Oct 2013
5042-bedAED 1.2M · Oct 2013
5053-bedAED 1.5M · Aug 2013
5062-bedAED 1.25M · Jun 2024
5072-bedAED 1.53M · Jan 2014
1–7 of 11

509, Shakespeare Circus 2 in numbers

  • Sold 4 times: first on 26 January 2011 for AED 740,000, last on 8 October 2019 for AED 825,000 (AED 557 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, from AED 75,600 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 17,200 a year (AED 11.65 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 October 2019.

Questions about 509, Shakespeare Circus 2

What did unit 509 last sell for?

AED 825,000 on 8 October 2019: AED 557 per sqft for 1,480 sqft. The unit has 4 registered sales; the first was AED 740,000 in January 2011.

What is the rent for unit 509?

AED 83,000 a year on the contract renewed on 17 October 2018. The previous contract, from October 2017, was AED 110,000; the unit has been rented since June 2013.

How big is unit 509?

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

What is unit 509 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 509, Shakespeare Circus 2

Starts from the last sale price (AED 825K, 8 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →