1-bed · 791 sqftLincoln Park - Building B, Arjan · 2nd floor · completed 2014

228, Lincoln Park - Building B

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 18 July 2023
Last soldAED 465K18 July 2023
Current rentAED 40K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 228, Lincoln Park - Building B

What is 228 worth today?

Last sold for AED 465,000 in 2023

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18 Jul 2023SoldReady
AED 465,000AED 588 per sqft
15 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
15 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
31 Oct 2020RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
31 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
15 Apr 2018RentedNew contract
AED 54,000/yr12 months · AED 69 per sqft
28 Sep 2016RentedNew contract
AED 66,000/yr12 months · AED 84 per sqft
23 Feb 2010Sold by developerOff-plan
AED 766,000AED 969 per sqft

Source: Dubai Land Department. Updated 18 July 2023.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
2nd of 6
Parking
BG-28
Developer
DAMAC
Completed
2014
Service charge
AED 9,600 /yr
Last sold
AED 465K · July 2023

About 228, Lincoln Park - Building B

228 is a one-bedroom apartment of 791 sqft on the 2nd floor of Lincoln Park - Building B, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 18 July 2023 for AED 465,000, or AED 588 per sqft, in line with the AED 588 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 40,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for 228 over time

Sales
Unit 228, each saleTypical one-bed in Lincoln Park - Building B
400K600K800K2009201420192024Typical sale price by year: 2009 AED 761,000; 2014 AED 805,600; 2015 AED 779,000; 2022 AED 430,000; 2023 AED 457,500; 2024 AED 632,500; 2025 AED 692,500; 2026 AED 720,000Sold by developer, February 2010: AED 766,000 (AED 969 per sqft)Sold, July 2023: AED 465,000 (AED 588 per sqft)

228 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 228, each contractTypical one-bed in Lincoln Park - Building B
40K60K20152018202120242027Typical rent by year: 2015 AED 62,000; 2016 AED 63,500; 2017 AED 60,000; 2018 AED 50,500; 2019 AED 40,000; 2020 AED 35,000; 2021 AED 35,000; 2022 AED 37,750; 2023 AED 46,050; 2024 AED 54,000; 2025 AED 60,000; 2026 AED 60,000New contract, September 2016: AED 66,000 a yearNew contract, April 2018: AED 54,000 a yearNew contract, October 2019: AED 36,000 a yearRenewal, October 2020: AED 36,000 a yearNew contract, November 2021: AED 40,000 a yearRenewal, November 2022: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lincoln Park - Building B, and where 228 sits

All 41 1-beds →

228 last sold in July 2023 at AED 588 per sqft, in line with what one-beds in Lincoln Park - Building B were fetching at the time (AED 588). Over the last 12 months one-beds sold for AED 600,000 to 800,000, around AED 819 per sqft, and rent for AED 50,000 to 76,000 a year. 228's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026650,000
30 Jul 2026725,000
25 Mar 2026720,000
18 Feb 2026600,000
6 1-bed sales in the last 12 months

Lincoln Park - Building B

Building

144 apartments, studios to 1-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 19 sold in the last 12 months.

Typical price per sqft
AED 1,013 Up 8.6%
Typical sale
AED 520K
Typical rent
AED 45K /yr
Typical yield
8.5%
Lincoln Park - Building B, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 144 units in Lincoln Park - Building B
Value
201StudioAED 457K · Jun 2016
202StudioAED 682K · Feb 2015
203StudioAED 485K · Jun 2026
204StudioAED 445K · Nov 2024
2051-bedAED 605K · Feb 2025
206StudioAED 470K · Jul 2025
207StudioAED 394K · Jun 2009
1–7 of 27

228, Lincoln Park - Building B in numbers

  • Sold twice: first on 23 February 2010 for AED 766,000, last on 18 July 2023 for AED 465,000 (AED 588 per sqft).
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 66,000 to AED 36,000 in 2020 and recovered to AED 40,000 by November 2022.
  • At AED 40,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 9,600 a year (AED 12.12 per sqft).
  • One-beds in Lincoln Park - Building B sold for AED 600,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,013 per sqft.

Source: Dubai Land Department. Updated 18 July 2023.

Questions about 228, Lincoln Park - Building B

What did unit 228 last sell for?

AED 465,000 on 18 July 2023: AED 588 per sqft for 791 sqft. The unit has 2 registered sales; the first was AED 766,000 in February 2010.

What is the rent for unit 228?

AED 40,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 40,000; the unit has been rented since September 2016.

How big is unit 228?

791 sqft (73.5 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 228 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lincoln Park - Building B sold for AED 600,000 to 800,000 in the last 12 months, around AED 819 per sqft.

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Mortgage on 228, Lincoln Park - Building B

Starts from the last sale price (AED 465K, 18 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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