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Studio · 544 sqftLincoln Park - Westside, Arjan · 5th floor · completed 2014

515, Lincoln Park - Westside

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 544K18 October 2015
Current rentAED 27K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Lincoln Park - Westside

What is 515 worth today?

Last sold for AED 543,905 in 2015

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15 Jun 2022RentedRenewal
AED 26,500/yr12 months · AED 49 per sqft
15 Jun 2021RentedNew contract
AED 22,000/yr12 months · AED 40 per sqft
27 May 2020RentedNew contract
AED 26,000/yr12 months · AED 48 per sqft
18 Oct 2015Sold by developerReady
AED 543,905AED 1,000 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
Studio apartment
Size
544 sqft
Floor
5th of 6
Parking
WB1-124
Developer
DAMAC
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 544K · October 2015
Building
Lincoln Park - Westside

About 515, Lincoln Park - Westside

515 is a studio of 544 sqft on the 5th floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 18 October 2015 for AED 543,905, or AED 1,000 per sqft, 5% below the AED 1,050 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 26,500 a year: a gross yield of 4.9% on the 2015 price, before the service charge of about AED 6,600 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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 543,905 (AED 1,000 per sqft)

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

Rents
Unit 515, each contractTypical studio in Lincoln Park - Westside
20K40K20152018202120242027Typical 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, May 2020: AED 26,000 a yearNew contract, June 2021: AED 22,000 a yearRenewal, June 2022: AED 26,500 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 515 sits

All 169 studios →

515 last sold in October 2015 at AED 1,000 per sqft, 5% below what studios in Lincoln Park - Westside were fetching at the time (AED 1,050). 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. 515's AED 26,500 is at the bottom 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
502StudioAED 410K · May 2023
503StudioAED 310K · Nov 2019
504StudioAED 575K · Oct 2015
505StudioAED 380K · Feb 2018
506StudioAED 500K · Jun 2016
507StudioAED 450K · Jan 2025
1–7 of 37

515, Lincoln Park - Westside in numbers

  • Sold once: by DAMAC on 18 October 2015 for AED 543,905, or AED 1,000 per sqft.
  • Rented since May 2020 on 3 Ejari contracts. The rent fell from AED 26,000 to AED 22,000 in 2021 and recovered to AED 26,500 by June 2022.
  • At AED 26,500 a year the gross yield on the 2015 price is 4.9%, before a service charge of about AED 6,600 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 15 June 2022.

Questions about 515, Lincoln Park - Westside

What did unit 515 last sell for?

AED 543,905 on 18 October 2015, sold by the developer: AED 1,000 per sqft for 544 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 26,500 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 22,000; the unit has been rented since May 2020.

How big is unit 515?

544 sqft (50.5 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 515 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 515, Lincoln Park - Westside

Starts from the last sale price (AED 544K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 543,905
Deposit, UAE resident (20%)
AED 108,781
Deposit, non-resident (40%)
AED 217,562
Monthly over 25 years at 3.7%
AED 2,225

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