Studio · 443 sqftLincoln Park - Building B, Arjan · 5th floor · completed 2014

508, Lincoln Park - Building B

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 532K24 April 2014
Current rentAED 39K /yr19 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Lincoln Park - Building B

What is 508 worth today?

Last sold for AED 532,044 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Nov 2024RentedRenewal
AED 39,000/yr12 months · AED 88 per sqft
19 Nov 2023RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
18 Nov 2022RentedRenewal
AED 27,600/yr12 months · AED 63 per sqft
18 Nov 2021RentedRenewal
AED 27,600/yr12 months · AED 63 per sqft
18 Nov 2020RentedRenewal
AED 27,600/yr12 months · AED 63 per sqft
17 Oct 2019RentedRenewal
AED 32,225/yr13 months · AED 73 per sqft
24 Sep 2017RentedRenewal
AED 44,119/yr12 months · AED 100 per sqft
24 Sep 2016RentedNew contract
AED 44,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
5th of 6
Parking
WG-9
Developer
DAMAC
Completed
2014
Service charge
AED 5,400 /yr
Last sold
AED 532K · April 2014

About 508, Lincoln Park - Building B

508 is a studio of 443 sqft on the 5th floor of Lincoln Park - Building B, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 24 April 2014 for AED 532,044, or AED 1,200 per sqft, in line with the AED 1,225 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 19 November 2024, is AED 39,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 5,400 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Lincoln Park - Building B
400K600K2009201420192024Typical sale price by year: 2009 AED 430,350; 2014 AED 576,480; 2015 AED 586,800; 2016 AED 475,000; 2017 AED 450,000; 2018 AED 400,000; 2020 AED 275,000; 2021 AED 282,500; 2022 AED 305,000; 2023 AED 380,000; 2024 AED 410,000; 2025 AED 460,000Sold by developer, April 2014: AED 532,044 (AED 1,200 per sqft)

508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 508, each contractTypical studio in Lincoln Park - Building B
20K40K20152018202120242027Typical rent by year: 2015 AED 49,000; 2016 AED 48,000; 2017 AED 45,000; 2018 AED 39,000; 2019 AED 33,000; 2020 AED 26,000; 2021 AED 24,000; 2022 AED 27,600; 2023 AED 32,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 40,000New contract, September 2016: AED 44,000 a yearRenewal, September 2017: AED 44,119 a yearRenewal, October 2019: AED 32,225 a yearRenewal, November 2020: AED 27,600 a yearRenewal, November 2021: AED 27,600 a yearRenewal, November 2022: AED 27,600 a yearNew contract, November 2023: AED 38,000 a yearRenewal, November 2024: AED 39,000 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 B, and where 508 sits

All 100 studios →

508 last sold in April 2014 at AED 1,200 per sqft, in line with what studios in Lincoln Park - Building B were fetching at the time (AED 1,225). Over the last 12 months studios sold for AED 530,000 to 535,000, around AED 1,044 per sqft, and rent for AED 33,000 to 50,000 a year. 508's AED 39,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Jan 2026530,000
17 Dec 2025535,000
14 Jul 2025470,000
14 Jul 2025410,000
2 studio sales in the last 12 months

Lincoln Park - Building B

Building

144 apartments, studios to 1-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 830
Typical sale
AED 600K
Typical rent
AED 43K /yr
Typical yield
10.5%
Lincoln Park - Building B, Arjan: prices, sales and rents →

Other units on the 5th floor

All 144 units in Lincoln Park - Building B
Value
501StudioAED 410K · Sep 2024
502StudioAED 395K · Dec 2018
503StudioAED 485K · Jan 2017
504StudioAED 308K · Jan 2023
5051-bedAED 450K · Mar 2023
506AED 450K · Sep 2025
507StudioAED 559K · Mar 2014
1–7 of 28

508, Lincoln Park - Building B in numbers

  • Sold once: by DAMAC on 24 April 2014 for AED 532,044, or AED 1,200 per sqft.
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 27,600 in 2022 and recovered to AED 39,000 by November 2024.
  • At AED 39,000 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 5,400 a year (AED 12.12 per sqft).
  • Studios in Lincoln Park - Building B sold for AED 530,000–535,000 in the 12 months to November 2026; the building's median across all types is AED 830 per sqft.

Source: Dubai Land Department. Updated 19 November 2024.

Questions about 508, Lincoln Park - Building B

What did unit 508 last sell for?

AED 532,044 on 24 April 2014, sold by the developer: AED 1,200 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 39,000 a year on the contract renewed on 19 November 2024. The previous contract, from November 2023, was AED 38,000; the unit has been rented since September 2016.

How big is unit 508?

443 sqft (41.2 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 508 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 B sold for AED 530,000 to 535,000 in the last 12 months, around AED 1,044 per sqft.

Selling 508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 508, Lincoln Park - Building B

Starts from the last sale price (AED 532K, 24 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 532,044
Deposit, UAE resident (20%)
AED 106,409
Deposit, non-resident (40%)
AED 212,818
Monthly over 25 years at 3.7%
AED 2,177

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →