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Studio · 620 sqftLincoln Park - Northside, Arjan · 2nd floor · completed 2014

231, Lincoln Park - Northside

Sold prices and rental history: sold once, by the developer in July 2009, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 1 January 2019
Last soldAED 591K8 July 2009
Current rentAED 38K /yr1 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 231, Lincoln Park - Northside

What is 231 worth today?

Last sold for AED 591,000 in 2009

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1 Jan 2019RentedNew contract
AED 38,000/yr12 months · AED 61 per sqft
20 Nov 2017RentedNew contract
AED 46,000/yr12 months · AED 74 per sqft
13 Nov 2016RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
8 Jul 2009Sold by developerOff-plan
AED 591,000AED 953 per sqft

Source: Dubai Land Department. Updated 1 January 2019.

Key facts

Type
Studio apartment
Size
620 sqft
Floor
2nd of 6
Parking
G-33
Developer
DAMAC
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 591K · July 2009
Building
Lincoln Park - Northside

About 231, Lincoln Park - Northside

231 is a studio of 620 sqft on the 2nd floor of Lincoln Park - Northside, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 8 July 2009 for AED 591,000, or AED 953 per sqft, in line with the AED 959 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 January 2019, is AED 38,000 a year: a gross yield of 6.4% on the 2009 price, before the service charge of about AED 7,500 a year.

Sales and rents for 231 over time

Sales
Unit 231, each saleTypical studio in Lincoln Park - Northside
250K500K750K2009201420192024Typical sale price by year: 2009 AED 591,000; 2013 AED 598,500; 2014 AED 735,876; 2015 AED 618,710; 2017 AED 500,000; 2018 AED 420,000; 2019 AED 360,000; 2021 AED 285,000; 2022 AED 310,000; 2023 AED 350,000; 2024 AED 460,000; 2025 AED 510,000; 2026 AED 530,000Sold by developer, July 2009: AED 591,000 (AED 953 per sqft)

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

Rents
Unit 231, each contractTypical studio in Lincoln Park - Northside
40K20152018202120242027Typical rent by year: 2015 AED 51,000; 2016 AED 50,000; 2017 AED 45,616; 2018 AED 40,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 42,000; 2026 AED 44,000New contract, November 2016: AED 50,000 a yearNew contract, November 2017: AED 46,000 a yearNew contract, January 2019: AED 38,000 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 - Northside, and where 231 sits

All 140 studios →

231 last sold in July 2009 at AED 953 per sqft, in line with what studios in Lincoln Park - Northside were fetching at the time (AED 959). Over the last 12 months studios sold for AED 454,500 to 685,000, around AED 893 per sqft, and rent for AED 26,020 to 66,000 a year. 231's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026490,000
2 Nov 2026685,000
9 Sep 2026500,000
16 Jun 2026550,000
18 studio sales in the last 12 months

Lincoln Park - Northside

Building

170 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 20 sold in the last 12 months.

Typical price per sqft
AED 898 Up 11.2%
Typical sale
AED 535K
Typical rent
AED 45K /yr
Typical yield
8.1%
Lincoln Park - Northside, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 170 units in Lincoln Park - Northside
Value
201StudioAED 330K · Jul 2023
202StudioAED 475K · Feb 2016
203StudioAED 530K · Apr 2026
204StudioAED 450K · Feb 2017
205StudioAED 300K · Nov 2022
206StudioAED 607K · Dec 2013
2071-bedAED 705K · Jun 2013
1–7 of 33

231, Lincoln Park - Northside in numbers

  • Sold once: by DAMAC on 8 July 2009 for AED 591,000, or AED 953 per sqft.
  • Rented since November 2016 on 3 Ejari contracts, from AED 50,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2009 price is 6.4%, before a service charge of about AED 7,500 a year (AED 12.12 per sqft).
  • Studios in Lincoln Park - Northside sold for AED 454,500–685,000 in the 12 months to November 2026; the building's median across all types is AED 898 per sqft.

Source: Dubai Land Department. Updated 1 January 2019.

Questions about 231, Lincoln Park - Northside

What did unit 231 last sell for?

AED 591,000 on 8 July 2009, sold by the developer: AED 953 per sqft for 620 sqft. It is the only registered sale of the unit.

What is the rent for unit 231?

AED 38,000 a year on the contract signed on 1 January 2019. The previous contract, from November 2017, was AED 46,000; the unit has been rented since November 2016.

How big is unit 231?

620 sqft (57.6 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 231 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Northside sold for AED 454,500 to 685,000 in the last 12 months, around AED 893 per sqft.

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Mortgage on 231, Lincoln Park - Northside

Starts from the last sale price (AED 591K, 8 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 591,000
Deposit, UAE resident (20%)
AED 118,200
Deposit, non-resident (40%)
AED 236,400
Monthly over 25 years at 3.7%
AED 2,418

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