2-bed · 1,154 sqftLincoln Park - Northside, Arjan · 3rd floor · completed 2014

316, Lincoln Park - Northside

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

Unit 316 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 740K24 May 2023
Current rentAED 50K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Lincoln Park - Northside

What is 316 worth today?

Last sold for AED 740,000 in 2023

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24 May 2023SoldReady
AED 740,000AED 641 per sqft
1 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
25 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 39 per sqft
1 Apr 2020RentedRenewal
AED 56,000/yr12 months · AED 49 per sqft
1 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
1 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
1 Oct 2017RentedNew contract
AED 78,000/yr12 months · AED 68 per sqft
24 Sep 2016RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
2-bed apartment
Size
1,154 sqft
Floor
3rd of 6
Parking
G-52
Developer
DAMAC
Completed
2014
Service charge
AED 14,000 /yr
Last sold
AED 740K · May 2023

About 316, Lincoln Park - Northside

316 is a two-bedroom apartment of 1,154 sqft on the 3rd floor of Lincoln Park - Northside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 24 May 2023 for AED 740,000, or AED 641 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 February 2022, is AED 50,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical two-bed in Lincoln Park - Northside
1M2009201320172021Typical 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, June 2009: AED 1,113,000 (AED 964 per sqft)Sold, May 2023: AED 740,000 (AED 641 per sqft)

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

Rents
Unit 316, each contractTypical two-bed in Lincoln Park - Northside
50K75K100K20152018202120242027Typical 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, September 2015: AED 95,000 a yearNew contract, September 2016: AED 90,000 a yearNew contract, October 2017: AED 78,000 a yearNew contract, October 2018: AED 70,000 a yearNew contract, April 2019: AED 60,000 a yearRenewal, April 2020: AED 56,000 a yearNew contract, December 2020: AED 45,000 a yearNew contract, February 2022: AED 50,000 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 316 sits

All 20 2-beds →

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. 316's AED 50,000 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

316, Lincoln Park - Northside in numbers

  • Sold twice: first on 15 June 2009 for AED 1,113,000, last on 24 May 2023 for AED 740,000 (AED 641 per sqft).
  • Rented since September 2015 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 45,000 in 2020 and recovered to AED 50,000 by February 2022.
  • At AED 50,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 14,000 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 24 May 2023.

Questions about 316, Lincoln Park - Northside

What did unit 316 last sell for?

AED 740,000 on 24 May 2023: AED 641 per sqft for 1,154 sqft. The unit has 2 registered sales; the first was AED 1,113,000 in June 2009.

What is the rent for unit 316?

AED 50,000 a year on the contract signed on 1 February 2022. The previous contract, from December 2020, was AED 45,000; the unit has been rented since September 2015.

How big is unit 316?

1,154 sqft (107.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 316 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 316, Lincoln Park - Northside

Starts from the last sale price (AED 740K, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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