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Studio · 473 sqftLincoln Park - Building A, Arjan · 5th floor · completed 2014

506, Lincoln Park - Building A

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

Unit 506 · DLD and Ejari recordsUpdated 21 May 2025
Last soldAED 459K21 January 2015
Current rentAED 40K /yr21 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Lincoln Park - Building A

What is 506 worth today?

Last sold for AED 458,850 in 2015

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21 May 2025RentedRenewal
AED 40,000/yr12 months · AED 85 per sqft
21 May 2024RentedRenewal
AED 38,000/yr12 months · AED 80 per sqft
21 May 2023RentedNew contract
AED 34,000/yr12 months · AED 72 per sqft
10 May 2022RentedRenewal
AED 25,000/yr12 months · AED 53 per sqft
10 May 2021RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
1 May 2020RentedRenewal
AED 30,000/yr12 months · AED 63 per sqft
1 May 2019RentedRenewal
AED 38,000/yr12 months · AED 80 per sqft
1 May 2018RentedRenewal
AED 50,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 21 May 2025.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
5th of 6
Parking
P-22
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 459K · January 2015
Building
Lincoln Park - Building A

About 506, Lincoln Park - Building A

506 is a studio of 473 sqft on the 5th floor of Lincoln Park - Building A, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 21 January 2015 for AED 458,850, or AED 971 per sqft, 5% below the AED 1,022 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 21 May 2025, is AED 40,000 a year: a gross yield of 8.7% on the 2015 price, before the service charge of about AED 6,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, May 2013: AED 458,850 (AED 971 per sqft)Sold, January 2015: AED 458,850 (AED 971 per sqft)

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

Rents
Unit 506, 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, May 2017: AED 54,000 a yearRenewal, May 2018: AED 50,000 a yearRenewal, May 2019: AED 38,000 a yearRenewal, May 2020: AED 30,000 a yearNew contract, May 2021: AED 25,000 a yearRenewal, May 2022: AED 25,000 a yearNew contract, May 2023: AED 34,000 a yearRenewal, May 2024: AED 38,000 a yearRenewal, May 2025: AED 40,000 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 506 sits

All 103 studios →

506 last sold in January 2015 at AED 971 per sqft, 5% below what studios in Lincoln Park - Building A were fetching at the time (AED 1,022). 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. 506's AED 40,000 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 5th floor

All 144 units in Lincoln Park - Building A
Value
501StudioAED 465K · Feb 2025
502StudioAED 503K · Jan 2015
503StudioAED 473K · Jan 2015
504StudioAED 420K · Apr 2025
5051-bedAED 899K · Dec 2013
507StudioAED 285K · May 2019
508StudioAED 437K · Feb 2015
1–7 of 28

506, Lincoln Park - Building A in numbers

  • Sold twice: first on 26 May 2013 for AED 458,850, last on 21 January 2015 for AED 458,850 (AED 971 per sqft).
  • Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 54,000 to AED 25,000 in 2022 and recovered to AED 40,000 by May 2025.
  • At AED 40,000 a year the gross yield on the 2015 price is 8.7%, before a service charge of about AED 6,700 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 21 May 2025.

Questions about 506, Lincoln Park - Building A

What did unit 506 last sell for?

AED 458,850 on 21 January 2015: AED 971 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 458,850 in May 2013.

What is the rent for unit 506?

AED 40,000 a year on the contract renewed on 21 May 2025. The previous contract, from May 2024, was AED 38,000; the unit has been rented since May 2017.

How big is unit 506?

473 sqft (43.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 506 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 506, Lincoln Park - Building A

Starts from the last sale price (AED 459K, 21 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 458,850
Deposit, UAE resident (20%)
AED 91,770
Deposit, non-resident (40%)
AED 183,540
Monthly over 25 years at 3.7%
AED 1,877

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