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Studio · 450 sqftLincoln Park - Building A, Arjan · 4th floor · completed 2014

408, Lincoln Park - Building A

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 300K26 November 2017
Current rentAED 37K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Lincoln Park - Building A

What is 408 worth today?

Last sold for AED 300,000 in 2017

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10 Aug 2024RentedNew contract
AED 37,000/yr12 months · AED 82 per sqft
10 Aug 2023RentedNew contract
AED 35,000/yr12 months · AED 78 per sqft
19 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 78 per sqft
25 Jun 2020RentedNew contract
AED 32,000/yr12 months · AED 71 per sqft
26 Nov 2017SoldReady
AED 300,000AED 665 per sqft
1 Oct 2015RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft
13 Jul 2014Sold by developerOff-plan
AED 644,100AED 1,429 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
4th of 6
Parking
G-66
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 300K · November 2017
Building
Lincoln Park - Building A

About 408, Lincoln Park - Building A

408 is a studio of 450 sqft on the 4th floor of Lincoln Park - Building A, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 26 November 2017 for AED 300,000, or AED 665 per sqft, 22% below the AED 854 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 August 2024, is AED 37,000 a year: a gross yield of 12.3% on the 2017 price, before the service charge of about AED 6,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Lincoln Park - Building A
400K600K2009201420192024Typical sale price by year: 2009 AED 436,100; 2013 AED 484,975; 2014 AED 559,664; 2015 AED 475,300; 2016 AED 467,500; 2017 AED 420,000; 2018 AED 400,000; 2019 AED 325,000; 2021 AED 280,000; 2022 AED 300,000; 2023 AED 385,000; 2024 AED 440,000; 2025 AED 472,500; 2026 AED 500,000Sold by developer, July 2014: AED 644,100 (AED 1,429 per sqft)Sold, November 2017: AED 300,000 (AED 665 per sqft)

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

Rents
Unit 408, each contractTypical studio in Lincoln Park - Building A
20K40K20152018202120242027Typical rent by year: 2015 AED 47,500; 2016 AED 48,000; 2017 AED 43,000; 2018 AED 38,000; 2019 AED 33,000; 2020 AED 26,500; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 41,832New contract, October 2015: AED 45,000 a yearNew contract, June 2020: AED 32,000 a yearNew contract, November 2022: AED 35,000 a yearNew contract, August 2023: AED 35,000 a yearNew contract, August 2024: AED 37,000 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 - Building A, and where 408 sits

All 103 studios →

408 last sold in November 2017 at AED 665 per sqft, 22% below what studios in Lincoln Park - Building A were fetching at the time (AED 854). Over the last 12 months studios sold for AED 450,000 to 505,000, around AED 1,001 per sqft, and rent for AED 30,000 to 66,000 a year. 408's AED 37,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 202624,552
21 Apr 2026500,000
9 Apr 2026475,000
16 Jan 2026505,000
6 studio sales in the last 12 months

Lincoln Park - Building A

Building

144 apartments, studios to 1-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 7 sold in the last 12 months.

Typical price per sqft
AED 967
Typical sale
AED 488K
Typical rent
AED 45K /yr
Typical yield
8.8%
Lincoln Park - Building A, Arjan: prices, sales and rents →

Other units on the 4th floor

All 144 units in Lincoln Park - Building A
Value
401StudioAED 458K · May 2025
402StudioAED 450K · Sep 2024
403StudioAED 469K · Jun 2009
404StudioAED 453K · Jan 2015
4051-bedAED 918K · Oct 2013
406StudioAED 461K · Jun 2009
407StudioAED 487K · Feb 2015
1–7 of 28

408, Lincoln Park - Building A in numbers

  • Sold twice: first on 13 July 2014 for AED 644,100, last on 26 November 2017 for AED 300,000 (AED 665 per sqft).
  • Rented since October 2015 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2020 and recovered to AED 37,000 by August 2024.
  • At AED 37,000 a year the gross yield on the 2017 price is 12.3%, before a service charge of about AED 6,400 a year (AED 14.20 per sqft).
  • Studios in Lincoln Park - Building A sold for AED 450,000–505,000 in the 12 months to November 2026; the building's median across all types is AED 967 per sqft.

Source: Dubai Land Department. Updated 10 August 2024.

Questions about 408, Lincoln Park - Building A

What did unit 408 last sell for?

AED 300,000 on 26 November 2017: AED 665 per sqft for 450 sqft. The unit has 2 registered sales; the first was AED 644,100 in July 2014.

What is the rent for unit 408?

AED 37,000 a year on the contract signed on 10 August 2024. The previous contract, from August 2023, was AED 35,000; the unit has been rented since October 2015.

How big is unit 408?

450 sqft (41.8 sqm): a studio on the 4th floor of a 6-storey tower completed in 2014.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Building A sold for AED 450,000 to 505,000 in the last 12 months, around AED 1,001 per sqft.

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Mortgage on 408, Lincoln Park - Building A

Starts from the last sale price (AED 300K, 26 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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