Studio · 489 sqftLincoln Park - Building A, Arjan · 5th floor · completed 2014

515, Lincoln Park - Building A

Sold prices and rental history: sold 3 times, last in March 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 270K11 March 2020
Current rentAED 49K /yr2 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Lincoln Park - Building A

What is 515 worth today?

Last sold for AED 270,000 in 2020

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2 Apr 2025RentedNew contract
AED 49,200/yr12 months · AED 101 per sqft
1 Dec 2023RentedNew contract
AED 44,879/yr12 months · AED 92 per sqft
18 Nov 2022RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
8 Nov 2021RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
8 Nov 2020RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
11 Mar 2020SoldReady
AED 270,000AED 552 per sqft
9 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
1 Aug 2018RentedRenewal
AED 38,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 2 April 2025.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
5th of 6
Parking
P-31
Developer
DAMAC
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 270K · March 2020

About 515, Lincoln Park - Building A

515 is a studio of 489 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 11 March 2020 for AED 270,000, or AED 552 per sqft, 15% below the AED 651 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 2 April 2025, is AED 49,200 a year: a gross yield of 18.2% on the 2020 price, before the service charge of about AED 6,900 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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 513,100 (AED 1,049 per sqft)Sold, August 2016: AED 460,000 (AED 941 per sqft)Sold, March 2020: AED 270,000 (AED 552 per sqft)

515 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 515, 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, August 2017: AED 44,000 a yearRenewal, August 2018: AED 38,000 a yearNew contract, October 2019: AED 30,000 a yearNew contract, November 2020: AED 25,000 a yearRenewal, November 2021: AED 25,000 a yearNew contract, November 2022: AED 36,000 a yearNew contract, December 2023: AED 44,879 a yearNew contract, April 2025: AED 49,200 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 515 sits

All 100 studios →

515 last sold in March 2020 at AED 552 per sqft, 15% below what studios in Lincoln Park - Building A were fetching at the time (AED 651). 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. 515's AED 49,200 is in the lower half 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
503StudioAED 473K · Jan 2015
504StudioAED 420K · Apr 2025
5051-bedAED 899K · Dec 2013
506StudioAED 459K · Jan 2015
507StudioAED 285K · May 2019
1–7 of 28

515, Lincoln Park - Building A in numbers

  • Sold 3 times: first on 9 May 2013 for AED 513,100, last on 11 March 2020 for AED 270,000 (AED 552 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 25,000 in 2021 and recovered to AED 49,200 by April 2025.
  • At AED 49,200 a year the gross yield on the 2020 price is 18.2%, 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 2 April 2025.

Questions about 515, Lincoln Park - Building A

What did unit 515 last sell for?

AED 270,000 on 11 March 2020: AED 552 per sqft for 489 sqft. The unit has 3 registered sales; the first was AED 513,100 in May 2013.

What is the rent for unit 515?

AED 49,200 a year on the contract signed on 2 April 2025. The previous contract, from December 2023, was AED 44,879; the unit has been rented since August 2017.

How big is unit 515?

489 sqft (45.4 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 515 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 515, Lincoln Park - Building A

Starts from the last sale price (AED 270K, 11 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

Plus AED 14,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →