Studio · 691 sqftLincoln Park - Westside, Arjan · 5th floor · completed 2014

502, Lincoln Park - Westside

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 410K26 May 2023
Current rentAED 55K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Lincoln Park - Westside

What is 502 worth today?

Last sold for AED 410,000 in 2023

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20 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
26 May 2023SoldReady
AED 410,000AED 593 per sqft
5 Dec 2022RentedNew contract
AED 36,000/yr12 months · AED 52 per sqft
5 Aug 2022RentedNew contract
AED 35,000/yr12 months · AED 51 per sqft
15 Feb 2021RentedNew contract
AED 28,000/yr12 months · AED 41 per sqft
25 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 41 per sqft
8 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
1 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
Studio apartment
Size
691 sqft
Floor
5th of 6
Parking
WB1-111
Developer
DAMAC
Completed
2014
Service charge
AED 8,400 /yr
Last sold
AED 410K · May 2023

About 502, Lincoln Park - Westside

502 is a studio of 691 sqft on the 5th floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 26 May 2023 for AED 410,000, or AED 593 per sqft, 6% below the AED 632 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 March 2025, is AED 55,000 a year: a gross yield of 13.4% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Lincoln Park - Westside
400K600K2009201420192024Typical sale price by year: 2009 AED 540,000; 2010 AED 516,950; 2014 AED 603,900; 2015 AED 612,581; 2016 AED 490,000; 2017 AED 485,000; 2018 AED 390,000; 2019 AED 327,194; 2022 AED 317,500; 2023 AED 390,000; 2024 AED 455,000; 2025 AED 465,000Sold by developer, October 2015: AED 725,372 (AED 1,050 per sqft)Sold, May 2023: AED 410,000 (AED 593 per sqft)

502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 502, each contractTypical studio in Lincoln Park - Westside
20K40K60K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 27,000; 2021 AED 25,000; 2022 AED 29,000; 2023 AED 33,600; 2024 AED 40,000; 2025 AED 42,694; 2026 AED 46,000New contract, October 2017: AED 48,000 a yearNew contract, November 2018: AED 40,000 a yearNew contract, November 2019: AED 30,000 a yearNew contract, November 2020: AED 28,000 a yearNew contract, February 2021: AED 28,000 a yearNew contract, August 2022: AED 35,000 a yearNew contract, December 2022: AED 36,000 a yearNew contract, March 2025: AED 55,000 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 - Westside, and where 502 sits

All 169 studios →

502 last sold in May 2023 at AED 593 per sqft, 6% below what studios in Lincoln Park - Westside were fetching at the time (AED 632). Over the last 12 months studios sold for AED 495,000 to 540,000, around AED 992 per sqft, and rent for AED 36,179 to 54,000 a year. 502's AED 55,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 2026530,000
27 Jan 2026540,000
10 Dec 2025495,000
10 Jul 2025470,000
3 studio 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 5th floor

All 227 units in Lincoln Park - Westside
Value
5011-bedAED 615K · Aug 2024
503StudioAED 310K · Nov 2019
504StudioAED 575K · Oct 2015
505StudioAED 380K · Feb 2018
506StudioAED 500K · Jun 2016
507StudioAED 450K · Jan 2025
508StudioAED 470K · Jul 2025
1–7 of 37

502, Lincoln Park - Westside in numbers

  • Sold twice: first on 13 October 2015 for AED 725,372, last on 26 May 2023 for AED 410,000 (AED 593 per sqft).
  • Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2021 and recovered to AED 55,000 by March 2025.
  • At AED 55,000 a year the gross yield on the 2023 price is 13.4%, before a service charge of about AED 8,400 a year (AED 12.12 per sqft).
  • Studios in Lincoln Park - Westside sold for AED 495,000–540,000 in the 12 months to November 2026; the building's median across all types is AED 982 per sqft.

Source: Dubai Land Department. Updated 20 March 2025.

Questions about 502, Lincoln Park - Westside

What did unit 502 last sell for?

AED 410,000 on 26 May 2023: AED 593 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 725,372 in October 2015.

What is the rent for unit 502?

AED 55,000 a year on the contract signed on 20 March 2025. The previous contract, from December 2022, was AED 36,000; the unit has been rented since October 2017.

How big is unit 502?

691 sqft (64.2 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Westside sold for AED 495,000 to 540,000 in the last 12 months, around AED 992 per sqft.

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Mortgage on 502, Lincoln Park - Westside

Starts from the last sale price (AED 410K, 26 May 2023). 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 AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →