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2-bed · 1,244 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

509, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 16 July 2025
Last soldAED 1.19M15 June 2009
Current rentAED 70K /yr16 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Lincoln Park - Sheffield

What is 509 worth today?

Last sold for AED 1,194,000 in 2009

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16 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
10 Jun 2024RentedRenewal
AED 68,250/yr12 months · AED 55 per sqft
10 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
4 Jun 2022RentedNew contract
AED 50,000/yr12 months · AED 40 per sqft
4 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 36 per sqft
31 Mar 2019RentedNew contract
AED 58,000/yr12 months · AED 47 per sqft
1 Sep 2018RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
17 Jul 2017RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 16 July 2025.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
5th of 6
Parking
P1-19
Developer
DAMAC
Completed
2014
Service charge
AED 15,900 /yr
Last sold
AED 1.19M · June 2009
Building
Lincoln Park - Sheffield

About 509, Lincoln Park - Sheffield

509 is a two-bedroom apartment of 1,244 sqft on the 5th 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 1,194,000, or AED 960 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 16 July 2025, is AED 70,000 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 15,900 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical two-bed in Lincoln Park - Sheffield
50K75K2015201820212024Typical rent by year: 2016 AED 90,000; 2022 AED 54,000; 2025 AED 80,000New contract, August 2015: AED 90,000 a yearNew contract, June 2016: AED 82,000 a yearNew contract, July 2017: AED 75,000 a yearNew contract, September 2018: AED 65,000 a yearNew contract, March 2019: AED 58,000 a yearNew contract, June 2020: AED 45,000 a yearNew contract, June 2022: AED 50,000 a yearNew contract, June 2023: AED 65,000 a yearRenewal, June 2024: AED 68,250 a yearNew contract, July 2025: AED 70,000 a year

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

2-beds in Lincoln Park - Sheffield, and where 509 sits

All 4 2-beds →

Over the last 12 months two-beds sold for AED 1,000,000, around AED 804 per sqft, and rent for AED 80,000 to 100,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Nov 20171,010,000
11 Jun 20141,570,350
6 Apr 20141,593,150
15 Jun 20091,188,000
1 2-bed sale 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

509, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 15 June 2009 for AED 1,194,000, or AED 960 per sqft.
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2020 and recovered to AED 70,000 by July 2025.
  • At AED 70,000 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 15,900 a year (AED 12.82 per sqft).
  • Two-beds in Lincoln Park - Sheffield sold for AED 1,000,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 921 per sqft.

Source: Dubai Land Department. Updated 16 July 2025.

Questions about 509, Lincoln Park - Sheffield

What did unit 509 last sell for?

AED 1,194,000 on 15 June 2009, sold by the developer: AED 960 per sqft for 1,244 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 70,000 a year on the contract signed on 16 July 2025. The previous contract, from June 2024, was AED 68,250; the unit has been rented since August 2015.

How big is unit 509?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lincoln Park - Sheffield sold for AED 1,000,000 to 1,000,000 in the last 12 months, around AED 804 per sqft.

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Mortgage on 509, Lincoln Park - Sheffield

Starts from the last sale price (AED 1.19M, 15 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,194,000
Deposit, UAE resident (20%)
AED 238,800
Deposit, non-resident (40%)
AED 477,600
Monthly over 25 years at 3.7%
AED 4,885

Plus AED 55,158 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →