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Studio · 512 sqftLincoln Park - Building B, Arjan · 6th floor · completed 2014

602, Lincoln Park - Building B

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 380K11 September 2023
Current rentAED 26K /yr19 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Lincoln Park - Building B

What is 602 worth today?

Last sold for AED 380,000 in 2023

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11 Sep 2023SoldReady
AED 380,000AED 741 per sqft
19 Jul 2022RentedRenewal
AED 26,000/yr12 months · AED 50 per sqft
19 Jul 2021RentedRenewal
AED 24,000/yr12 months · AED 46 per sqft
16 Jul 2020RentedRenewal
AED 24,000/yr12 months · AED 46 per sqft
16 Jul 2019RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
16 Jul 2018RentedRenewal
AED 39,000/yr12 months · AED 75 per sqft
15 Jul 2017RentedNew contract
AED 42,885/yr12 months · AED 83 per sqft
14 Apr 2014Sold by developerOff-plan
AED 614,712AED 1,200 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
6th of 6
Parking
WG-32
Developer
DAMAC
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 380K · September 2023
Building
Lincoln Park - Building B

About 602, Lincoln Park - Building B

602 is a studio of 512 sqft on the 6th floor of Lincoln Park - Building B, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 11 September 2023 for AED 380,000, or AED 741 per sqft, 5% above the AED 709 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 19 July 2022, is AED 26,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 614,712 (AED 1,200 per sqft)Sold, September 2023: AED 380,000 (AED 741 per sqft)

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

Rents
Unit 602, 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, July 2017: AED 42,885 a yearRenewal, July 2018: AED 39,000 a yearRenewal, July 2019: AED 35,000 a yearRenewal, July 2020: AED 24,000 a yearRenewal, July 2021: AED 24,000 a yearRenewal, July 2022: AED 26,000 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 602 sits

All 103 studios →

602 last sold in September 2023 at AED 741 per sqft, 5% above what studios in Lincoln Park - Building B were fetching at the time (AED 709). 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. 602's AED 26,000 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 6th floor

All 144 units in Lincoln Park - Building B
Value
601StudioAED 460K · Jun 2016
603StudioAED 589K · Apr 2014
604StudioAED 620K · Apr 2014
6051-bedAED 725K · Jul 2026
606StudioAED 653K · Feb 2015
607StudioAED 653K · Feb 2015
608StudioAED 520K · Apr 2026
1–7 of 28

602, Lincoln Park - Building B in numbers

  • Sold twice: first on 14 April 2014 for AED 614,712, last on 11 September 2023 for AED 380,000 (AED 741 per sqft).
  • Rented since July 2017 on 6 Ejari contracts, from AED 42,885 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 6,200 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 11 September 2023.

Questions about 602, Lincoln Park - Building B

What did unit 602 last sell for?

AED 380,000 on 11 September 2023: AED 741 per sqft for 512 sqft. The unit has 2 registered sales; the first was AED 614,712 in April 2014.

What is the rent for unit 602?

AED 26,000 a year on the contract renewed on 19 July 2022. The previous contract, from July 2021, was AED 24,000; the unit has been rented since July 2017.

How big is unit 602?

512 sqft (47.6 sqm): a studio on the 6th floor of a 6-storey tower completed in 2014.

What is unit 602 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 602, Lincoln Park - Building B

Starts from the last sale price (AED 380K, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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