Studio · 480 sqftLincoln Park - Building B, Arjan · 6th floor · completed 2014

603, Lincoln Park - Building B

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 29 September 2023
Last soldAED 589K6 April 2014
Current rentAED 27K /yr29 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Lincoln Park - Building B

What is 603 worth today?

Last sold for AED 589,200 in 2014

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29 Sep 2023RentedRenewal
AED 26,500/yr12 months · AED 55 per sqft
29 Sep 2022RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
1 Oct 2021RentedNew contract
AED 24,134/yr12 months · AED 50 per sqft
1 Jan 2021RentedNew contract
AED 24,000/yr6 months · AED 50 per sqft
1 Nov 2019RentedNew contract
AED 33,000/yr12 months · AED 69 per sqft
1 Nov 2018RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
6 Apr 2014Sold by developerOff-plan
AED 589,200AED 1,226 per sqft

Source: Dubai Land Department. Updated 29 September 2023.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
6th of 6
Parking
WG-33
Developer
DAMAC
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 589K · April 2014

About 603, Lincoln Park - Building B

603 is a studio of 480 sqft on the 6th floor of Lincoln Park - Building B, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 6 April 2014 for AED 589,200, or AED 1,226 per sqft, in line with the AED 1,225 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 29 September 2023, is AED 26,500 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 5,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 589,200 (AED 1,226 per sqft)

603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 603, 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, November 2018: AED 38,000 a yearNew contract, November 2019: AED 33,000 a yearNew contract, January 2021: AED 24,000 a yearNew contract, October 2021: AED 24,134 a yearRenewal, September 2022: AED 24,000 a yearRenewal, September 2023: AED 26,500 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 603 sits

All 103 studios →

603 last sold in April 2014 at AED 1,226 per sqft, in line with what studios in Lincoln Park - Building B were fetching at the time (AED 1,225). 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. 603's AED 26,500 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
602StudioAED 380K · Sep 2023
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

603, Lincoln Park - Building B in numbers

  • Sold once: by DAMAC on 6 April 2014 for AED 589,200, or AED 1,226 per sqft.
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2022 and recovered to AED 26,500 by September 2023.
  • At AED 26,500 a year the gross yield on the 2014 price is 4.5%, 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 29 September 2023.

Questions about 603, Lincoln Park - Building B

What did unit 603 last sell for?

AED 589,200 on 6 April 2014, sold by the developer: AED 1,226 per sqft for 480 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 26,500 a year on the contract renewed on 29 September 2023. The previous contract, from September 2022, was AED 24,000; the unit has been rented since November 2018.

How big is unit 603?

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

What is unit 603 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 603, Lincoln Park - Building B

Starts from the last sale price (AED 589K, 6 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 589,200
Deposit, UAE resident (20%)
AED 117,840
Deposit, non-resident (40%)
AED 235,680
Monthly over 25 years at 3.7%
AED 2,411

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