Studio · 443 sqftLincoln Park - Building B, Arjan · 4th floor · completed 2014

408, Lincoln Park - Building B

Sold prices and rental history: sold 3 times, last in April 2015, 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 31 August 2024
Last soldAED 625K15 April 2015
Current rentAED 40K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Lincoln Park - Building B

What is 408 worth today?

Last sold for AED 625,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Aug 2024RentedNew contract
AED 39,889/yr12 months · AED 90 per sqft
1 Aug 2023RentedRenewal
AED 30,834/yr12 months · AED 70 per sqft
1 Aug 2022RentedRenewal
AED 27,000/yr12 months · AED 61 per sqft
1 Aug 2021RentedNew contract
AED 23,000/yr12 months · AED 52 per sqft
7 May 2020RentedRenewal
AED 24,000/yr12 months · AED 54 per sqft
7 May 2019RentedRenewal
AED 30,000/yr12 months · AED 68 per sqft
7 May 2018RentedRenewal
AED 30,000/yr12 months · AED 68 per sqft
7 May 2017RentedNew contract
AED 42,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 31 August 2024.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
4th of 6
Parking
BG-65
Developer
DAMAC
Completed
2014
Service charge
AED 5,400 /yr
Last sold
AED 625K · April 2015

About 408, Lincoln Park - Building B

408 is a studio of 443 sqft on the 4th floor of Lincoln Park - Building B, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 15 April 2015 for AED 625,000, or AED 1,409 per sqft, 15% above the AED 1,224 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 31 August 2024, is AED 39,889 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 5,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Lincoln Park - Building B
400K600K2009201420192024Typical sale price by year: 2009 AED 430,350; 2014 AED 576,480; 2015 AED 586,800; 2016 AED 467,500; 2017 AED 450,000; 2018 AED 400,000; 2020 AED 275,000; 2021 AED 282,500; 2022 AED 305,000; 2023 AED 380,000; 2024 AED 410,000; 2025 AED 460,000; 2026 AED 500,000Sold by developer, April 2014: AED 532,044 (AED 1,200 per sqft)Sold, March 2015: AED 532,044 (AED 1,200 per sqft)Sold, April 2015: AED 625,000 (AED 1,409 per sqft)

408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Lincoln Park - Building B
20K40K60K20152018202120242027Typical rent by year: 2015 AED 49,000; 2016 AED 48,000; 2017 AED 45,000; 2018 AED 38,000; 2019 AED 33,000; 2020 AED 26,000; 2021 AED 24,000; 2022 AED 27,010; 2023 AED 32,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, August 2015: AED 66,000 a yearRenewal, August 2016: AED 66,000 a yearNew contract, May 2017: AED 42,000 a yearRenewal, May 2018: AED 30,000 a yearRenewal, May 2019: AED 30,000 a yearRenewal, May 2020: AED 24,000 a yearNew contract, August 2021: AED 23,000 a yearRenewal, August 2022: AED 27,000 a yearRenewal, August 2023: AED 30,834 a yearNew contract, August 2024: AED 39,889 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 B, and where 408 sits

All 103 studios →

408 last sold in April 2015 at AED 1,409 per sqft, 15% above what studios in Lincoln Park - Building B were fetching at the time (AED 1,224). Over the last 12 months studios sold for AED 415,000 to 535,000, around AED 1,041 per sqft, and rent for AED 25,000 to 58,000 a year. 408's AED 39,889 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Sep 2026470,000
26 Aug 2026514,489
28 Jul 2026500,000
20 Jun 2026485,000
13 studio 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 4th floor

All 144 units in Lincoln Park - Building B
Value
401StudioAED 400K · Dec 2024
402StudioAED 475K · Jun 2016
403StudioAED 576K · Jun 2014
404StudioAED 620K · Mar 2014
4051-bedAED 700K · Aug 2025
406StudioAED 520K · May 2026
407StudioAED 548K · Apr 2014
1–7 of 28

408, Lincoln Park - Building B in numbers

  • Sold 3 times: first on 14 April 2014 for AED 532,044, last on 15 April 2015 for AED 625,000 (AED 1,409 per sqft).
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 66,000 to AED 23,000 in 2021 and recovered to AED 39,889 by August 2024.
  • At AED 39,889 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 5,400 a year (AED 12.12 per sqft).
  • Studios in Lincoln Park - Building B sold for AED 415,000–535,000 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 31 August 2024.

Questions about 408, Lincoln Park - Building B

What did unit 408 last sell for?

AED 625,000 on 15 April 2015: AED 1,409 per sqft for 443 sqft. The unit has 3 registered sales; the first was AED 532,044 in April 2014.

What is the rent for unit 408?

AED 39,889 a year on the contract signed on 31 August 2024. The previous contract, from August 2023, was AED 30,834; the unit has been rented since August 2015.

How big is unit 408?

443 sqft (41.2 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 B sold for AED 415,000 to 535,000 in the last 12 months, around AED 1,041 per sqft.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Lincoln Park - Building B

Starts from the last sale price (AED 625K, 15 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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