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Studio · 578 sqftLincoln Park - Northside, Arjan · 6th floor · completed 2014

602, Lincoln Park - Northside

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 405K5 October 2023
Current rentAED 40K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Lincoln Park - Northside

What is 602 worth today?

Last sold for AED 405,000 in 2023

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15 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft
5 Oct 2023SoldReady
AED 405,000AED 700 per sqft
15 Mar 2023RentedRenewal
AED 36,000/yr12 months · AED 62 per sqft
15 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 61 per sqft
25 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 43 per sqft
17 Jan 2020RentedNew contract
AED 36,000/yr12 months · AED 62 per sqft
17 Jan 2018RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
10 Jan 2016RentedNew contract
AED 52,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
Studio apartment
Size
578 sqft
Floor
6th of 6
Parking
P1-55
Developer
DAMAC
Completed
2014
Service charge
AED 7,000 /yr
Last sold
AED 405K · October 2023
Building
Lincoln Park - Northside

About 602, Lincoln Park - Northside

602 is a studio of 578 sqft on the 6th floor of Lincoln Park - Northside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 5 October 2023 for AED 405,000, or AED 700 per sqft, 23% above the AED 568 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 15 March 2024, is AED 40,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 7,000 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 2014: AED 613,900 (AED 1,062 per sqft)Sold, October 2023: AED 405,000 (AED 700 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 - 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, January 2016: AED 52,000 a yearNew contract, January 2018: AED 45,000 a yearNew contract, January 2020: AED 36,000 a yearNew contract, February 2021: AED 25,000 a yearNew contract, March 2022: AED 35,000 a yearRenewal, March 2023: AED 36,000 a yearNew contract, March 2024: AED 40,000 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 602 sits

All 140 studios →

602 last sold in October 2023 at AED 700 per sqft, 23% above what studios in Lincoln Park - Northside were fetching at the time (AED 568). 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. 602's AED 40,000 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 6th floor

All 170 units in Lincoln Park - Northside
Value
601StudioAED 618K · Aug 2013
603StudioAED 625K · Dec 2013
604StudioAED 700K · May 2015
605StudioAED 505K · Apr 2017
606StudioAED 552K · Jul 2013
6071-bedAED 838K · Jul 2013
6082-bedAED 1M · Apr 2025
1–7 of 33

602, Lincoln Park - Northside in numbers

  • Sold twice: first on 13 July 2014 for AED 613,900, last on 5 October 2023 for AED 405,000 (AED 700 per sqft).
  • Rented since January 2016 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 25,000 in 2021 and recovered to AED 40,000 by March 2024.
  • At AED 40,000 a year the gross yield on the 2023 price is 9.9%, before a service charge of about AED 7,000 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 15 March 2024.

Questions about 602, Lincoln Park - Northside

What did unit 602 last sell for?

AED 405,000 on 5 October 2023: AED 700 per sqft for 578 sqft. The unit has 2 registered sales; the first was AED 613,900 in July 2014.

What is the rent for unit 602?

AED 40,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2023, was AED 36,000; the unit has been rented since January 2016.

How big is unit 602?

578 sqft (53.7 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 - 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 602, Lincoln Park - Northside

Starts from the last sale price (AED 405K, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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