2-bed · 1,532 sqftLincoln Park - Northside, Arjan · 3rd floor · completed 2014

308, Lincoln Park - Northside

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 750K10 August 2023
Current rentAED 45K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Lincoln Park - Northside

What is 308 worth today?

Last sold for AED 750,000 in 2023

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15 Oct 2023RentedNew contract
AED 45,000/yr12 months · AED 29 per sqft
10 Aug 2023SoldReady
AED 750,000AED 489 per sqft
15 Jul 2022RentedNew contract
AED 58,000/yr12 months · AED 38 per sqft
24 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 27 per sqft
15 Jul 2021RentedRenewal
AED 60,000/yr3 months · AED 39 per sqft
15 Jul 2020RentedRenewal
AED 60,000/yr12 months · AED 39 per sqft
15 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
10 Jun 2018RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
2-bed apartment
Size
1,532 sqft
Floor
3rd of 6
Parking
G-44
Developer
DAMAC
Completed
2014
Service charge
AED 18,600 /yr
Last sold
AED 750K · August 2023

About 308, Lincoln Park - Northside

308 is a two-bedroom apartment of 1,532 sqft on the 3rd floor of Lincoln Park - Northside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 10 August 2023 for AED 750,000, or AED 489 per sqft, 20% below the AED 608 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 October 2023, is AED 45,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Lincoln Park - Northside
1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,113,000; 2013 AED 1,130,500; 2014 AED 1,301,500; 2023 AED 752,500Sold by developer, July 2013: AED 1,502,900 (AED 980 per sqft)Sold, August 2023: AED 750,000 (AED 489 per sqft)

308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in Lincoln Park - Northside
50K75K20152018202120242027Typical rent by year: 2015 AED 90,000; 2016 AED 90,000; 2017 AED 79,000; 2018 AED 68,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 49,000; 2022 AED 55,000; 2023 AED 60,500; 2024 AED 71,000; 2025 AED 80,000; 2026 AED 81,500New contract, June 2015: AED 90,000 a yearRenewal, June 2016: AED 80,000 a yearRenewal, June 2017: AED 90,000 a yearRenewal, June 2018: AED 80,000 a yearNew contract, July 2019: AED 60,000 a yearRenewal, July 2020: AED 60,000 a yearRenewal, July 2021: AED 60,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, July 2022: AED 58,000 a yearNew contract, October 2023: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lincoln Park - Northside, and where 308 sits

All 20 2-beds →

308 last sold in August 2023 at AED 489 per sqft, 20% below what two-beds in Lincoln Park - Northside were fetching at the time (AED 608). Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,007 per sqft, and rent for AED 65,000 to 90,000 a year. 308's AED 45,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20261,050,000
16 Apr 20251,000,000
25 Mar 2025825,000
2 Aug 2024950,000
1 2-bed sale 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 3rd floor

All 170 units in Lincoln Park - Northside
Value
301StudioAED 564K · Sep 2013
302StudioAED 693K · Aug 2014
303StudioAED 576K · Jul 2013
304StudioAED 370K · Mar 2023
305StudioAED 375K · Apr 2023
306StudioAED 536K · May 2013
3071-bedAED 813K · May 2013
1–7 of 33

308, Lincoln Park - Northside in numbers

  • Sold twice: first on 10 July 2013 for AED 1,502,900, last on 10 August 2023 for AED 750,000 (AED 489 per sqft).
  • Rented since June 2015 on 10 Ejari contracts, from AED 90,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 18,600 a year (AED 12.12 per sqft).
  • Two-beds in Lincoln Park - Northside sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 898 per sqft.

Source: Dubai Land Department. Updated 15 October 2023.

Questions about 308, Lincoln Park - Northside

What did unit 308 last sell for?

AED 750,000 on 10 August 2023: AED 489 per sqft for 1,532 sqft. The unit has 2 registered sales; the first was AED 1,502,900 in July 2013.

What is the rent for unit 308?

AED 45,000 a year on the contract signed on 15 October 2023. The previous contract, from July 2022, was AED 58,000; the unit has been rented since June 2015.

How big is unit 308?

1,532 sqft (142.3 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lincoln Park - Northside sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,007 per sqft.

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Mortgage on 308, Lincoln Park - Northside

Starts from the last sale price (AED 750K, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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