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1-bed · 721 sqftLincoln Park - Westside, Arjan · 2nd floor · completed 2014

229, Lincoln Park - Westside

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 736K20 May 2014
Current rentAED 48K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Lincoln Park - Westside

What is 229 worth today?

Last sold for AED 736,000 in 2014

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1 Dec 2023RentedRenewal
AED 48,000/yr2 months · AED 67 per sqft
1 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
5 Dec 2020RentedNew contract
AED 33,000/yr12 months · AED 46 per sqft
26 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
27 Feb 2018RentedNew contract
AED 55,000/yr12 months · AED 76 per sqft
14 Dec 2016RentedNew contract
AED 65,000/yr12 months · AED 90 per sqft
14 Jan 2016RentedNew contract
AED 65,455/yr11 months · AED 91 per sqft
27 Sep 2015RentedNew contract
AED 68,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
2nd of 6
Parking
WB1-24
Developer
DAMAC
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 736K · May 2014
Building
Lincoln Park - Westside

About 229, Lincoln Park - Westside

229 is a one-bedroom apartment of 721 sqft on the 2nd floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 20 May 2014 for AED 736,000, or AED 1,021 per sqft, in line with the AED 1,021 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 48,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 8,700 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical one-bed in Lincoln Park - Westside
600K800K1M2009201420192024Typical sale price by year: 2009 AED 944,500; 2014 AED 938,664; 2015 AED 868,385; 2017 AED 596,000; 2019 AED 510,000; 2023 AED 535,892; 2024 AED 615,000; 2025 AED 740,000Sold by developer, May 2014: AED 736,000 (AED 1,021 per sqft)

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

Rents
Unit 229, each contractTypical one-bed in Lincoln Park - Westside
40K60K20152018202120242027Typical rent by year: 2015 AED 66,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 33,000; 2022 AED 38,450; 2023 AED 44,000; 2024 AED 53,500; 2025 AED 58,000; 2026 AED 50,000New contract, April 2015: AED 66,000 a yearNew contract, September 2015: AED 68,000 a yearNew contract, January 2016: AED 65,455 a yearNew contract, December 2016: AED 65,000 a yearNew contract, February 2018: AED 55,000 a yearNew contract, September 2019: AED 40,000 a yearNew contract, December 2020: AED 33,000 a yearNew contract, December 2022: AED 40,000 a yearRenewal, December 2023: AED 48,000 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 - Westside, and where 229 sits

All 40 1-beds →

229 last sold in May 2014 at AED 1,021 per sqft, in line with what one-beds in Lincoln Park - Westside were fetching at the time (AED 1,021). 229's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2025815,000
26 Feb 2025670,000
27 Jan 2025740,000
10 Sep 2024590,000
0 1-bed sales in the last 12 months

Lincoln Park - Westside

Building

227 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 982
Typical sale
AED 535K
Typical rent
AED 45K /yr
Typical yield
8.1%
Lincoln Park - Westside, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 227 units in Lincoln Park - Westside
Value
2011-bedAED 671K · Aug 2009
202StudioAED 586K · Oct 2015
203StudioAED 315K · Oct 2022
204StudioAED 475K · Oct 2016
205StudioAED 613K · Aug 2014
206StudioAED 330K · Apr 2023
207StudioAED 576K · Apr 2014
1–7 of 37

229, Lincoln Park - Westside in numbers

  • Sold once: by DAMAC on 20 May 2014 for AED 736,000, or AED 1,021 per sqft.
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 66,000 to AED 33,000 in 2020 and recovered to AED 48,000 by December 2023.
  • At AED 48,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 8,700 a year (AED 12.12 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 229, Lincoln Park - Westside

What did unit 229 last sell for?

AED 736,000 on 20 May 2014, sold by the developer: AED 1,021 per sqft for 721 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 48,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 40,000; the unit has been rented since April 2015.

How big is unit 229?

721 sqft (67.0 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 229 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 229, Lincoln Park - Westside

Starts from the last sale price (AED 736K, 20 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 736,000
Deposit, UAE resident (20%)
AED 147,200
Deposit, non-resident (40%)
AED 294,400
Monthly over 25 years at 3.7%
AED 3,011

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