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1-bed · 615 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

228, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 594K15 June 2009
Current rentAED 51K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 228, Lincoln Park - Sheffield

What is 228 worth today?

Last sold for AED 594,000 in 2009

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1 Sep 2023RentedRenewal
AED 51,000/yr12 months · AED 83 per sqft
1 Sep 2022RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
29 Mar 2021RentedNew contract
AED 33,000/yr12 months · AED 54 per sqft
15 Jun 2009Sold by developerOff-plan
AED 594,000AED 965 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
615 sqft
Floor
2nd of 6
Parking
G-30
Developer
DAMAC
Completed
2014
Service charge
AED 7,900 /yr
Last sold
AED 594K · June 2009
Building
Lincoln Park - Sheffield

About 228, Lincoln Park - Sheffield

228 is a one-bedroom apartment of 615 sqft on the 2nd floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 15 June 2009 for AED 594,000, or AED 965 per sqft, in line with the AED 965 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 51,000 a year: a gross yield of 8.6% on the 2009 price, before the service charge of about AED 7,900 a year.

Sales and rents for 228 over time

Sales
Unit 228, each saleTypical one-bed in Lincoln Park - Sheffield
500K750K1M2009201420192024Typical sale price by year: 2009 AED 723,000; 2014 AED 854,525; 2015 AED 919,200; 2022 AED 370,000; 2024 AED 695,000; 2025 AED 700,000Sold by developer, June 2009: AED 594,000 (AED 965 per sqft)

228 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 228, each contractTypical one-bed in Lincoln Park - Sheffield
40K60K20152018202120242027Typical rent by year: 2015 AED 65,000; 2016 AED 63,500; 2017 AED 57,500; 2018 AED 52,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 32,500; 2022 AED 40,000; 2023 AED 45,550; 2024 AED 50,000; 2025 AED 54,000; 2026 AED 56,755New contract, March 2021: AED 33,000 a yearNew contract, September 2022: AED 48,000 a yearRenewal, September 2023: AED 51,000 a year

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

1-beds in Lincoln Park - Sheffield, and where 228 sits

All 34 1-beds →

228 last sold in June 2009 at AED 965 per sqft, in line with what one-beds in Lincoln Park - Sheffield were fetching at the time (AED 965). 228's AED 51,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 May 2025750,000
15 Apr 2025700,000
7 Feb 2025700,000
27 Sep 2024637,742
0 1-bed sales in the last 12 months

Lincoln Park - Sheffield

Building

170 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 921
Typical sale
AED 510K
Typical rent
AED 48K /yr
Typical yield
9.6%
Lincoln Park - Sheffield, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 170 units in Lincoln Park - Sheffield
Value
201StudioAED 495K · Jun 2025
202StudioAED 709K · Feb 2015
203StudioAED 608K · Mar 2014
204StudioAED 510K · Jul 2025
205StudioAED 485K · Feb 2025
206StudioAED 385K · Sep 2018
207StudioAED 575K · Nov 2015
1–7 of 33

228, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 15 June 2009 for AED 594,000, or AED 965 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 33,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2009 price is 8.6%, before a service charge of about AED 7,900 a year (AED 12.82 per sqft).

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 228, Lincoln Park - Sheffield

What did unit 228 last sell for?

AED 594,000 on 15 June 2009, sold by the developer: AED 965 per sqft for 615 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 51,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 48,000; the unit has been rented since March 2021.

How big is unit 228?

615 sqft (57.1 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 228 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 228, Lincoln Park - Sheffield

Starts from the last sale price (AED 594K, 15 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 594,000
Deposit, UAE resident (20%)
AED 118,800
Deposit, non-resident (40%)
AED 237,600
Monthly over 25 years at 3.7%
AED 2,430

Plus AED 29,958 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →