Studio · 476 sqftLincoln Park - Building B, Arjan · 5th floor · completed 2014

517, Lincoln Park - Building B

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 415K25 November 2022
Current rentAED 25K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Lincoln Park - Building B

What is 517 worth today?

Last sold for AED 415,000 in 2022

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25 Nov 2022SoldReady
AED 415,000AED 872 per sqft
15 Apr 2022RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
1 Apr 2021RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
27 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
1 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 67 per sqft
22 Jul 2018SoldReady
AED 400,000AED 841 per sqft
12 Oct 2017RentedNew contract
AED 42,000/yr12 months · AED 88 per sqft
6 Oct 2016RentedNew contract
AED 50,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
5th of 6
Parking
WG-18
Developer
DAMAC
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 415K · November 2022

About 517, Lincoln Park - Building B

517 is a studio of 476 sqft on the 5th floor of Lincoln Park - Building B, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 25 November 2022 for AED 415,000, or AED 872 per sqft, 37% above the AED 637 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 April 2022, is AED 25,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 5,800 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, July 2014: AED 509,000 (AED 1,070 per sqft)Sold, July 2018: AED 400,000 (AED 841 per sqft)Sold, November 2022: AED 415,000 (AED 872 per sqft)

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

Rents
Unit 517, each contractTypical studio in Lincoln Park - Building B
20K40K20152018202120242027Typical 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, October 2016: AED 50,000 a yearNew contract, October 2017: AED 42,000 a yearNew contract, September 2019: AED 32,000 a yearNew contract, September 2020: AED 25,000 a yearNew contract, April 2021: AED 22,000 a yearNew contract, April 2022: AED 25,000 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 B, and where 517 sits

All 103 studios →

517 last sold in November 2022 at AED 872 per sqft, 37% above what studios in Lincoln Park - Building B were fetching at the time (AED 637). 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. 517's AED 25,000 is at the bottom 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 5th floor

All 144 units in Lincoln Park - Building B
Value
501StudioAED 410K · Sep 2024
502StudioAED 395K · Dec 2018
503StudioAED 485K · Jan 2017
504StudioAED 308K · Jan 2023
5051-bedAED 450K · Mar 2023
506StudioAED 470K · Sep 2026
507StudioAED 559K · Mar 2014
1–7 of 28

517, Lincoln Park - Building B in numbers

  • Sold 3 times: first on 13 July 2014 for AED 509,000, last on 25 November 2022 for AED 415,000 (AED 872 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 22,000 in 2021 and recovered to AED 25,000 by April 2022.
  • At AED 25,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 5,800 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 25 November 2022.

Questions about 517, Lincoln Park - Building B

What did unit 517 last sell for?

AED 415,000 on 25 November 2022: AED 872 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 509,000 in July 2014.

What is the rent for unit 517?

AED 25,000 a year on the contract signed on 15 April 2022. The previous contract, from April 2021, was AED 22,000; the unit has been rented since October 2016.

How big is unit 517?

476 sqft (44.2 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 517 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.

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Mortgage on 517, Lincoln Park - Building B

Starts from the last sale price (AED 415K, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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