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1-bed · 745 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

508, Lincoln Park - Sheffield

Sold prices and rental history: sold twice, last in September 2019, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 410K29 September 2019
Current rentAED 54K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Lincoln Park - Sheffield

What is 508 worth today?

Last sold for AED 410,000 in 2019

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15 Mar 2025RentedNew contract
AED 54,000/yr12 months · AED 73 per sqft
29 Sep 2019SoldReady
AED 410,000AED 550 per sqft
15 Jun 2009Sold by developerOff-plan
AED 727,000AED 975 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
5th of 6
Parking
P1-18
Developer
DAMAC
Completed
2014
Service charge
AED 9,600 /yr
Last sold
AED 410K · September 2019
Building
Lincoln Park - Sheffield

About 508, Lincoln Park - Sheffield

508 is a one-bedroom apartment of 745 sqft on the 5th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 29 September 2019 for AED 410,000, or AED 550 per sqft.

One Ejari contract is registered, from 15 March 2025. The current contract, signed on 15 March 2025, is AED 54,000 a year: a gross yield of 13.2% on the 2019 price, before the service charge of about AED 9,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 727,000 (AED 975 per sqft)Sold, September 2019: AED 410,000 (AED 550 per sqft)

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

Rents
Unit 508, 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 2025: AED 54,000 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 508 sits

All 34 1-beds →

508's AED 54,000 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 5th floor

All 170 units in Lincoln Park - Sheffield
Value
501StudioAED 375K · Apr 2024
502StudioAED 280K · Sep 2022
503StudioAED 390K · May 2023
504StudioAED 450K · Jan 2025
505StudioAED 450K · Jan 2025
506StudioAED 435K · Jun 2024
507StudioAED 573K · Oct 2015
1–7 of 33

508, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 15 June 2009 for AED 727,000, last on 29 September 2019 for AED 410,000 (AED 550 per sqft).
  • Rented since March 2025 on one Ejari contract, at AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2019 price is 13.2%, before a service charge of about AED 9,600 a year (AED 12.82 per sqft).

Source: Dubai Land Department. Updated 15 March 2025.

Questions about 508, Lincoln Park - Sheffield

What did unit 508 last sell for?

AED 410,000 on 29 September 2019: AED 550 per sqft for 745 sqft. The unit has 2 registered sales; the first was AED 727,000 in June 2009.

What is the rent for unit 508?

AED 54,000 a year on the contract signed on 15 March 2025.

How big is unit 508?

745 sqft (69.2 sqm): a one-bedroom apartment 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.

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Mortgage on 508, Lincoln Park - Sheffield

Starts from the last sale price (AED 410K, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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