Studio · 480 sqftLincoln Park - Building A, Arjan · 5th floor · completed 2014

512, Lincoln Park - Building A

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

Unit 512 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 466K9 March 2015
Current rentAED 35K /yr25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Lincoln Park - Building A

What is 512 worth today?

Last sold for AED 465,500 in 2015

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25 Jul 2024RentedRenewal
AED 34,914/yr12 months · AED 73 per sqft
25 Jul 2023RentedRenewal
AED 30,360/yr12 months · AED 63 per sqft
25 Jul 2022RentedRenewal
AED 26,400/yr12 months · AED 55 per sqft
25 Jul 2021RentedRenewal
AED 22,000/yr12 months · AED 46 per sqft
25 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
5 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
1 Nov 2018RentedRenewal
AED 36,000/yr12 months · AED 75 per sqft
1 May 2018RentedRenewal
AED 48,000/yr6 months · AED 100 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
5th of 6
Parking
P-28
Developer
DAMAC
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 466K · March 2015

About 512, Lincoln Park - Building A

512 is a studio of 480 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 9 March 2015 for AED 465,500, or AED 970 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 25 July 2024, is AED 34,914 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 6,800 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, June 2013: AED 465,500 (AED 970 per sqft)Sold, March 2015: AED 465,500 (AED 970 per sqft)

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

Rents
Unit 512, 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, November 2017: AED 48,000 a yearRenewal, May 2018: AED 48,000 a yearRenewal, November 2018: AED 36,000 a yearNew contract, August 2019: AED 30,000 a yearNew contract, July 2020: AED 24,000 a yearRenewal, July 2021: AED 22,000 a yearRenewal, July 2022: AED 26,400 a yearRenewal, July 2023: AED 30,360 a yearRenewal, July 2024: AED 34,914 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 512 sits

All 103 studios →

512 last sold in March 2015 at AED 970 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. 512's AED 34,914 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
506StudioAED 459K · Jan 2015
507StudioAED 285K · May 2019
1–7 of 28

512, Lincoln Park - Building A in numbers

  • Sold twice: first on 23 June 2013 for AED 465,500, last on 9 March 2015 for AED 465,500 (AED 970 per sqft).
  • Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 22,000 in 2021 and recovered to AED 34,914 by July 2024.
  • At AED 34,914 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 6,800 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 25 July 2024.

Questions about 512, Lincoln Park - Building A

What did unit 512 last sell for?

AED 465,500 on 9 March 2015: AED 970 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 465,500 in June 2013.

What is the rent for unit 512?

AED 34,914 a year on the contract renewed on 25 July 2024. The previous contract, from July 2023, was AED 30,360; the unit has been rented since November 2017.

How big is unit 512?

480 sqft (44.6 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 512 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 512, Lincoln Park - Building A

Starts from the last sale price (AED 466K, 9 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 465,500
Deposit, UAE resident (20%)
AED 93,100
Deposit, non-resident (40%)
AED 186,200
Monthly over 25 years at 3.7%
AED 1,905

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