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Studio · 488 sqftLincoln Park - Building A, Arjan · 5th floor · completed 2014

503, Lincoln Park - Building A

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 473K29 January 2015
Current rentAED 36K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Lincoln Park - Building A

What is 503 worth today?

Last sold for AED 473,100 in 2015

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1 Nov 2024RentedRenewal
AED 35,707/yr12 months · AED 74 per sqft
1 Nov 2023RentedRenewal
AED 31,050/yr12 months · AED 64 per sqft
1 Nov 2022RentedRenewal
AED 27,000/yr12 months · AED 56 per sqft
1 Nov 2021RentedRenewal
AED 23,000/yr12 months · AED 47 per sqft
1 Nov 2020RentedRenewal
AED 23,000/yr12 months · AED 47 per sqft
10 Oct 2016RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
29 Jan 2015SoldReady
AED 473,100AED 969 per sqft
26 May 2013Sold by developerOff-plan
AED 473,100AED 969 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
5th of 6
Parking
P-19
Developer
DAMAC
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 473K · January 2015
Building
Lincoln Park - Building A

About 503, Lincoln Park - Building A

503 is a studio of 488 sqft on the 5th floor of Lincoln Park - Building A, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 29 January 2015 for AED 473,100, or AED 969 per sqft, 5% below the AED 1,021 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 35,707 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 6,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical studio in Lincoln Park - Building A
400K600K2009201420192024Typical sale price by year: 2009 AED 436,100; 2013 AED 484,975; 2014 AED 559,664; 2015 AED 475,000; 2016 AED 467,500; 2017 AED 420,000; 2018 AED 400,000; 2019 AED 325,000; 2021 AED 280,000; 2022 AED 300,000; 2023 AED 385,000; 2024 AED 440,000; 2025 AED 480,000Sold by developer, May 2013: AED 473,100 (AED 969 per sqft)Sold, January 2015: AED 473,100 (AED 969 per sqft)

503 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in Lincoln Park - Building A
20K40K20152018202120242027Typical rent by year: 2015 AED 48,000; 2016 AED 48,000; 2017 AED 43,500; 2018 AED 38,000; 2019 AED 33,000; 2020 AED 27,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 37,400; 2025 AED 40,000; 2026 AED 45,000New contract, October 2016: AED 45,000 a yearRenewal, November 2020: AED 23,000 a yearRenewal, November 2021: AED 23,000 a yearRenewal, November 2022: AED 27,000 a yearRenewal, November 2023: AED 31,050 a yearRenewal, November 2024: AED 35,707 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Lincoln Park - Building A, and where 503 sits

All 100 studios →

503 last sold in January 2015 at AED 969 per sqft, 5% below what studios in Lincoln Park - Building A were fetching at the time (AED 1,021). Over the last 12 months studios sold for AED 450,000 to 505,000, around AED 1,122 per sqft, and rent for AED 36,960 to 66,000 a year. 503's AED 35,707 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Jan 2026505,000
16 Jul 2025480,000
7 Jul 2025490,000
29 May 2025475,000
3 studio sales in the last 12 months

Lincoln Park - Building A

Building

144 apartments, studios to 1-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft
AED 1,122
Typical sale
AED 470K
Typical rent
AED 47K /yr
Typical yield
8.1%
Lincoln Park - Building A, Arjan: prices, sales and rents →

Other units on the 5th floor

All 144 units in Lincoln Park - Building A
Value
501StudioAED 465K · Feb 2025
502StudioAED 503K · Jan 2015
504StudioAED 420K · Apr 2025
5051-bedAED 899K · Dec 2013
506StudioAED 459K · Jan 2015
507StudioAED 285K · May 2019
508StudioAED 437K · Feb 2015
1–7 of 28

503, Lincoln Park - Building A in numbers

  • Sold twice: first on 26 May 2013 for AED 473,100, last on 29 January 2015 for AED 473,100 (AED 969 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 23,000 in 2021 and recovered to AED 35,707 by November 2024.
  • At AED 35,707 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 6,900 a year (AED 14.20 per sqft).
  • Studios in Lincoln Park - Building A sold for AED 450,000–505,000 in the 12 months to November 2026; the building's median across all types is AED 1,122 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 503, Lincoln Park - Building A

What did unit 503 last sell for?

AED 473,100 on 29 January 2015: AED 969 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 473,100 in May 2013.

What is the rent for unit 503?

AED 35,707 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 31,050; the unit has been rented since October 2016.

How big is unit 503?

488 sqft (45.3 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Building A sold for AED 450,000 to 505,000 in the last 12 months, around AED 1,122 per sqft.

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Mortgage on 503, Lincoln Park - Building A

Starts from the last sale price (AED 473K, 29 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 473,100
Deposit, UAE resident (20%)
AED 94,620
Deposit, non-resident (40%)
AED 189,240
Monthly over 25 years at 3.7%
AED 1,936

Plus AED 22,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →