2-bed · 1,441 sqftShakespeare Circus 3, Uptown Motorcity · 5th floor

506, Shakespeare Circus 3

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 14 January 2025
Last soldAED 1.4M14 January 2025
Current rentAED 108K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Shakespeare Circus 3

What is 506 worth today?

Last sold for AED 1,400,000 in 2025

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14 Jan 2025SoldReady
AED 1,400,000AED 971 per sqft
15 Oct 2023RentedNew contract
AED 108,000/yr12 months · AED 75 per sqft
10 Jan 2022RentedRenewal
AED 65,000/yr12 months · AED 45 per sqft
1 Apr 2019RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
20 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
20 Nov 2013SoldReady
AED 1,250,000AED 867 per sqft
3 Oct 2013SoldReady
AED 1,123,980AED 780 per sqft
15 Jul 2013RentedNew contract
AED 76,650/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 January 2025.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
5th of 5
Parking
168-357
Service charge
AED 16,800 /yr
Last sold
AED 1.4M · January 2025

About 506, Shakespeare Circus 3

506 is a two-bedroom apartment of 1,441 sqft on the 5th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 14 January 2025 for AED 1,400,000, or AED 971 per sqft, 8% above the AED 898 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 15 October 2023, is AED 108,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 16,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Shakespeare Circus 3
1M1.5M2011201520192023Typical sale price by year: 2011 AED 716,929; 2013 AED 1,016,400; 2014 AED 1,636,600; 2015 AED 1,350,000; 2016 AED 1,367,500; 2018 AED 1,300,000; 2020 AED 750,000; 2021 AED 850,000; 2023 AED 1,240,000; 2024 AED 1,350,000; 2025 AED 1,612,500Sold by developer, February 2011: AED 691,496 (AED 479 per sqft)Sold, October 2013: AED 1,123,980 (AED 780 per sqft)Sold, November 2013: AED 1,250,000 (AED 867 per sqft)Sold, January 2025: AED 1,400,000 (AED 971 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in Shakespeare Circus 3
75K100K125K2011201520192023Typical rent by year: 2011 AED 75,000; 2012 AED 75,000; 2013 AED 80,000; 2014 AED 89,250; 2015 AED 107,500; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 98,000; 2019 AED 83,000; 2020 AED 68,000; 2021 AED 69,000; 2022 AED 78,500; 2023 AED 88,603; 2024 AED 115,000; 2025 AED 117,500New contract, July 2012: AED 73,000 a yearNew contract, July 2013: AED 76,650 a yearNew contract, February 2016: AED 110,000 a yearNew contract, April 2019: AED 80,000 a yearRenewal, January 2022: AED 65,000 a yearNew contract, October 2023: AED 108,000 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 3, and where 506 sits

All 52 2-beds →

506 last sold in January 2025 at AED 971 per sqft, 8% above what two-beds in Shakespeare Circus 3 were fetching at the time (AED 898). 506's AED 108,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jun 20251,725,000
9 May 20251,500,000
27 Feb 20251,725,000
5 Dec 20241,200,000
0 2-bed sales in the last 12 months

Shakespeare Circus 3

Building

72 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 135K /yr
Typical yield
Shakespeare Circus 3, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 72 units in Shakespeare Circus 3
Value
5012-bedAED 1.08M · Jul 2013
5023-bedAED 1.97M · Apr 2014
5032-bedAED 737K · May 2014
5042-bedAED 1.1M · Aug 2023
5053-bedAED 1.67M · Feb 2024
5072-bedAED 1.53M · Dec 2013
5082-bedAED 1.45M · Mar 2014
1–7 of 11

506, Shakespeare Circus 3 in numbers

  • Sold 4 times: first on 7 February 2011 for AED 691,496, last on 14 January 2025 for AED 1,400,000 (AED 971 per sqft).
  • Rented since July 2012 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 65,000 in 2022 and recovered to AED 108,000 by October 2023.
  • At AED 108,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 16,800 a year (AED 11.65 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 January 2025.

Questions about 506, Shakespeare Circus 3

What did unit 506 last sell for?

AED 1,400,000 on 14 January 2025: AED 971 per sqft for 1,441 sqft. The unit has 4 registered sales; the first was AED 691,496 in February 2011.

What is the rent for unit 506?

AED 108,000 a year on the contract signed on 15 October 2023. The previous contract, from January 2022, was AED 65,000; the unit has been rented since July 2012.

How big is unit 506?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 506 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 506, Shakespeare Circus 3

Starts from the last sale price (AED 1.4M, 14 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →