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Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Al Hebiah First · August 2026

Shakespeare Sircus 1

Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026

Period covered: Sep 24 to Aug 26 · Ref AR-B5598-202608

Key takeaways

  • Median price for apartments: AED 967,500 (AED 9,588 per sqm), down 5.0% year on year.
  • Per sqm, apartments here are 44% below the Al Hebiah First average of AED 17,056 (sales-weighted across areas).
  • 2 sales recorded in August 2026, up 100% from a year earlier.

1.Apartments2 sales · August 2026

Median sale priceAED 967,500+56.0%vs last year
Median price / sqmAED 9,588-5.0%vs last year44% below the Al Hebiah First average
Sales recorded2+100.0%vs last year
Median annual rent——new contracts
Gross yield—rent ÷ price
Off-plan share of sales0%0 of 2
Off-plan median / sqmn/aunder 5 sales
Ready median / sqmn/aunder 5 sales

Small sample: medians for August 2026 are based on only 2 recorded sales and can swing month to month. Read the trend, not a single point.

Sale price per sqm and monthly sales · 24 months

11K9.9K9.2K4Sep 24May 25Jan 26Aug 26
Sep 24 · 9.4K /sqmAug 26 · 9.6K /sqm · 2 sales

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
August 20262AED 967,500AED 9,588——
July 20261AED 985,000AED 9,718——
June 20260————
May 20260————
April 20261AED 890,000AED 8,781——
March 20261AED 695,000AED 11,317——

2.Recent saleslast 15 registered in Shakespeare Sircus 1

DateUnitSize sqmPriceAED / sqmStatus
11 Aug 20261 bedroom101AED 1,000,000AED 9,866Ready
3 Aug 20261 bedroom100AED 935,000AED 9,310Ready
1 Jul 20261 bedroom101AED 985,000AED 9,718Ready
13 Apr 20261 bedroom95AED 1,325,000AED 13,955Ready
10 Apr 20261 bedroom101AED 890,000AED 8,781Ready
9 Mar 20261 bedroom61AED 710,000AED 11,615Ready
5 Mar 20261 bedroom61AED 695,000AED 11,317Ready
16 Feb 20261 bedroom101AED 1,100,000AED 10,852Ready
12 Feb 20261 bedroom64AED 685,000AED 10,748Ready
10 Dec 20251 bedroom97AED 950,000AED 9,767Ready
18 Nov 20251 bedroom92AED 950,000AED 10,318Ready
11 Nov 20251 bedroom97AED 1,040,000AED 10,713Ready
29 Oct 2025Studio61AED 590,000AED 9,652Ready
8 Aug 20251 bedroom61AED 620,000AED 10,096Ready
28 May 20251 bedroom100AED 915,000AED 9,111Ready

Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.

Comparables for a specific unit

Enter the client's unit and the report gains a section of every registered sale of that size and type in Shakespeare Sircus 1 over the last two years. It stays in the link and the PDF.

3.Methodology and source

Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through September 2, 2026, rents through August 21, 2026). No listings, asking prices, or estimates.

Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than thirty sales carry a small-sample note.

Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.

Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.

Full methodology