Studio · 495 sqftLincoln Park - Westside, Arjan · 5th floor · completed 2014

523, Lincoln Park - Westside

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously 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 28 August 2025
Last soldAED 488K5 August 2009
Current rentAED 42K /yr28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Lincoln Park - Westside

What is 523 worth today?

Last sold for AED 487,800 in 2009

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28 Aug 2025RentedRenewal
AED 42,000/yr12 months · AED 85 per sqft
28 Aug 2024RentedRenewal
AED 40,000/yr3 months · AED 81 per sqft
28 Aug 2023RentedRenewal
AED 31,740/yr12 months · AED 64 per sqft
28 Aug 2022RentedRenewal
AED 27,600/yr12 months · AED 56 per sqft
20 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
20 Dec 2018RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
6 Nov 2017RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
5 Aug 2009Sold by developerOff-plan
AED 487,800AED 985 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
5th of 6
Parking
WB1-132
Developer
DAMAC
Completed
2014
Service charge
AED 6,000 /yr
Last sold
AED 488K · August 2009

About 523, Lincoln Park - Westside

523 is a studio of 495 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 5 August 2009 for AED 487,800, or AED 985 per sqft, in line with the AED 975 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 28 August 2025, is AED 42,000 a year: a gross yield of 8.6% on the 2009 price, before the service charge of about AED 6,000 a year.

Sales and rents for 523 over time

Sales
Unit 523, 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, August 2009: AED 487,800 (AED 985 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 - Westside
40K20152018202120242027Typical 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, November 2017: AED 45,000 a yearNew contract, December 2018: AED 36,000 a yearRenewal, December 2019: AED 30,000 a yearRenewal, August 2022: AED 27,600 a yearRenewal, August 2023: AED 31,740 a yearRenewal, August 2024: AED 40,000 a yearRenewal, August 2025: 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 - Westside, and where 523 sits

All 169 studios →

523 last sold in August 2009 at AED 985 per sqft, in line with what studios in Lincoln Park - Westside were fetching at the time (AED 975). 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. 523's AED 42,000 is in the lower half 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

523, Lincoln Park - Westside in numbers

  • Sold once: by DAMAC on 5 August 2009 for AED 487,800, or AED 985 per sqft.
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 27,600 in 2022 and recovered to AED 42,000 by August 2025.
  • At AED 42,000 a year the gross yield on the 2009 price is 8.6%, before a service charge of about AED 6,000 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 28 August 2025.

Questions about 523, Lincoln Park - Westside

What did unit 523 last sell for?

AED 487,800 on 5 August 2009, sold by the developer: AED 985 per sqft for 495 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 renewed on 28 August 2025. The previous contract, from August 2024, was AED 40,000; the unit has been rented since November 2017.

How big is unit 523?

495 sqft (46.0 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 - 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 523, Lincoln Park - Westside

Starts from the last sale price (AED 488K, 5 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 487,800
Deposit, UAE resident (20%)
AED 97,560
Deposit, non-resident (40%)
AED 195,120
Monthly over 25 years at 3.7%
AED 1,996

Plus AED 23,398 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →