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Studio · 525 sqftLincoln Park - Sheffield, Arjan · 6th floor · completed 2014

623, Lincoln Park - Sheffield

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 270K2 November 2020
Current rentAED 46K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Lincoln Park - Sheffield

What is 623 worth today?

Last sold for AED 270,000 in 2020

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1 Jan 2026RentedRenewal
AED 46,000/yr12 months · AED 88 per sqft
1 Jan 2025RentedNew contract
AED 45,000/yr12 months · AED 86 per sqft
1 Jan 2024RentedNew contract
AED 44,000/yr12 months · AED 83 per sqft
2 Nov 2020SoldReady
AED 270,000AED 513 per sqft
13 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft
20 May 2019RentedNew contract
AED 32,000/yr12 months · AED 61 per sqft
19 Aug 2017RentedNew contract
AED 48,000/yr12 months · AED 91 per sqft
24 Jul 2017SoldReady
AED 630,000AED 1,199 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
525 sqft
Floor
6th of 6
Parking
P1-68
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 270K · November 2020
Building
Lincoln Park - Sheffield

About 623, Lincoln Park - Sheffield

623 is a studio of 525 sqft on the 6th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 2 November 2020 for AED 270,000, or AED 513 per sqft, 10% below the AED 568 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 46,000 a year: a gross yield of 17.0% on the 2020 price, before the service charge of about AED 6,700 a year.

Sales and rents for 623 over time

Sales
Unit 623, 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, December 2015: AED 450,000 (AED 856 per sqft)Sold, July 2017: AED 630,000 (AED 1,199 per sqft)Sold, November 2020: AED 270,000 (AED 513 per sqft)

623 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 623, 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, August 2017: AED 48,000 a yearNew contract, May 2019: AED 32,000 a yearNew contract, September 2019: AED 30,000 a yearNew contract, January 2024: AED 44,000 a yearNew contract, January 2025: AED 45,000 a yearRenewal, January 2026: AED 46,000 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 623 sits

All 127 studios →

623 last sold in November 2020 at AED 513 per sqft, 10% below what studios in Lincoln Park - Sheffield were fetching at the time (AED 568). 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. 623's AED 46,000 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 6th floor

All 170 units in Lincoln Park - Sheffield
Value
601StudioAED 639K · Oct 2015
602StudioAED 350K · Feb 2023
603StudioAED 250K · Mar 2022
604StudioAED 385K · Mar 2023
605StudioAED 477K · Feb 2015
606StudioAED 477K · Feb 2015
607AED 450K · Feb 2026
1–7 of 33

623, Lincoln Park - Sheffield in numbers

  • Sold 3 times: first on 8 December 2015 for AED 450,000, last on 2 November 2020 for AED 270,000 (AED 513 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 30,000 in 2019 and recovered to AED 46,000 by January 2026.
  • At AED 46,000 a year the gross yield on the 2020 price is 17.0%, 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 January 2026.

Questions about 623, Lincoln Park - Sheffield

What did unit 623 last sell for?

AED 270,000 on 2 November 2020: AED 513 per sqft for 525 sqft. The unit has 3 registered sales; the first was AED 450,000 in December 2015.

What is the rent for unit 623?

AED 46,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 45,000; the unit has been rented since August 2017.

How big is unit 623?

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

What is unit 623 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 623, Lincoln Park - Sheffield

Starts from the last sale price (AED 270K, 2 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

Plus AED 14,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →