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Studio · 525 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

523, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in May 2015, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 1 July 2018
Last soldAED 683K21 May 2015
Current rentAED 42K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 523, Lincoln Park - Sheffield

What is 523 worth today?

Last sold for AED 683,007 in 2015

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1 Jul 2018RentedNew contract
AED 42,000/yr12 months · AED 80 per sqft
1 Jul 2017RentedNew contract
AED 50,000/yr12 months · AED 95 per sqft
21 May 2015Sold by developerReady
AED 683,007AED 1,300 per sqft

Source: Dubai Land Department. Updated 1 July 2018.

Key facts

Type
Studio apartment
Size
525 sqft
Floor
5th of 6
Parking
P1-34
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 683K · May 2015
Building
Lincoln Park - Sheffield

About 523, Lincoln Park - Sheffield

523 is a studio of 525 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 21 May 2015 for AED 683,007, or AED 1,300 per sqft, 27% above the AED 1,022 studios in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 July 2018, is AED 42,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 6,700 a year.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical studio in Lincoln Park - Sheffield
400K600K2009201420192024Typical sale price by year: 2009 AED 469,000; 2013 AED 483,000; 2014 AED 587,400; 2015 AED 555,500; 2016 AED 512,500; 2017 AED 490,000; 2018 AED 402,500; 2019 AED 332,283; 2020 AED 300,000; 2021 AED 295,000; 2022 AED 285,000; 2023 AED 382,500; 2024 AED 450,000; 2025 AED 485,000Sold by developer, May 2015: AED 683,007 (AED 1,300 per sqft)

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

Rents
Unit 523, each contractTypical studio in Lincoln Park - Sheffield
20K40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 44,123; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 27,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 34,050; 2024 AED 38,750; 2025 AED 43,000; 2026 AED 46,000New contract, July 2017: AED 50,000 a yearNew contract, July 2018: AED 42,000 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 - Sheffield, and where 523 sits

All 127 studios →

523 last sold in May 2015 at AED 1,300 per sqft, 27% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,022). Over the last 12 months studios sold for AED 450,000 to 520,000, around AED 945 per sqft, and rent for AED 37,400 to 60,000 a year. 523's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 2026510,000
14 Jan 2026520,000
12 Dec 2025480,000
25 Jul 2025495,000
4 studio 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

523, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 21 May 2015 for AED 683,007, or AED 1,300 per sqft.
  • Rented since July 2017 on 2 Ejari contracts, from AED 50,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 6,700 a year (AED 12.82 per sqft).
  • Studios in Lincoln Park - Sheffield sold for AED 450,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 921 per sqft.

Source: Dubai Land Department. Updated 1 July 2018.

Questions about 523, Lincoln Park - Sheffield

What did unit 523 last sell for?

AED 683,007 on 21 May 2015, sold by the developer: AED 1,300 per sqft for 525 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 42,000 a year on the contract signed on 1 July 2018. The previous contract, from July 2017, was AED 50,000.

How big is unit 523?

525 sqft (48.8 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Sheffield sold for AED 450,000 to 520,000 in the last 12 months, around AED 945 per sqft.

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Mortgage on 523, Lincoln Park - Sheffield

Starts from the last sale price (AED 683K, 21 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 683,007
Deposit, UAE resident (20%)
AED 136,601
Deposit, non-resident (40%)
AED 273,203
Monthly over 25 years at 3.7%
AED 2,794

Plus AED 33,696 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →