2-bed · 1,854 sqftShakespeare Circus 3, Uptown Motorcity · 5th floor

512, Shakespeare Circus 3

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.31M26 March 2024
Current rentAED 93K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Shakespeare Circus 3

What is 512 worth today?

Last sold for AED 1,310,000 in 2024

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1 Jul 2024RentedNew contract
AED 92,640/yr10 months · AED 50 per sqft
26 Mar 2024SoldReady
AED 1,310,000AED 706 per sqft
1 Jul 2021RentedNew contract
AED 72,000/yr12 months · AED 39 per sqft
8 May 2019RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
8 May 2018RentedNew contract
AED 105,000/yr12 months · AED 57 per sqft
15 Oct 2017RentedRenewal
AED 100,052/yr12 months · AED 54 per sqft
15 Oct 2016RentedRenewal
AED 95,288/yr12 months · AED 51 per sqft
20 Apr 2016SoldReady
AED 1,325,610AED 715 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,854 sqft
Floor
5th of 5
Parking
166-355
Service charge
AED 21,600 /yr
Last sold
AED 1.31M · March 2024

About 512, Shakespeare Circus 3

512 is a two-bedroom apartment of 1,854 sqft on the 5th floor of Shakespeare Circus 3, a 5-storey tower in Uptown Motorcity. It last sold on 26 March 2024 for AED 1,310,000, or AED 706 per sqft, 6% below the AED 750 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 July 2024, is AED 92,640 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 21,600 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, September 2013: AED 1,112,400 (AED 600 per sqft)Sold, April 2016: AED 1,325,610 (AED 715 per sqft)Sold, March 2024: AED 1,310,000 (AED 706 per sqft)

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

Rents
Unit 512, 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 117,500Renewal, October 2014: AED 82,500 a yearRenewal, October 2015: AED 90,750 a yearRenewal, October 2016: AED 95,288 a yearRenewal, October 2017: AED 100,052 a yearNew contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 95,000 a yearNew contract, July 2021: AED 72,000 a yearNew contract, July 2024: AED 92,640 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 512 sits

All 52 2-beds →

512 last sold in March 2024 at AED 706 per sqft, 6% below what two-beds in Shakespeare Circus 3 were fetching at the time (AED 750). 512's AED 92,640 is at the bottom 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
14 Jan 20251,400,000
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
5062-bedAED 1.4M · Jan 2025
5072-bedAED 1.53M · Dec 2013
1–7 of 11

512, Shakespeare Circus 3 in numbers

  • Sold 3 times: first on 26 September 2013 for AED 1,112,400, last on 26 March 2024 for AED 1,310,000 (AED 706 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 82,500 to AED 72,000 in 2021 and recovered to AED 92,640 by July 2024.
  • At AED 92,640 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 21,600 a year (AED 11.65 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Questions about 512, Shakespeare Circus 3

What did unit 512 last sell for?

AED 1,310,000 on 26 March 2024: AED 706 per sqft for 1,854 sqft. The unit has 3 registered sales; the first was AED 1,112,400 in September 2013.

What is the rent for unit 512?

AED 92,640 a year on the contract signed on 1 July 2024. The previous contract, from July 2021, was AED 72,000; the unit has been rented since October 2014.

How big is unit 512?

1,854 sqft (172.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 512 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 512, Shakespeare Circus 3

Starts from the last sale price (AED 1.31M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,000
Deposit, UAE resident (20%)
AED 262,000
Deposit, non-resident (40%)
AED 524,000
Monthly over 25 years at 3.7%
AED 5,360

Plus AED 60,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →