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2-bed · 1,162 sqftLincoln Park - Northside, Arjan · 6th floor · completed 2014

616, Lincoln Park - Northside

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 1.39M30 April 2014
Current rentAED 60K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616, Lincoln Park - Northside

What is 616 worth today?

Last sold for AED 1,394,880 in 2014

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20 Aug 2024RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
20 Aug 2023RentedRenewal
AED 55,000/yr12 months · AED 47 per sqft
20 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
20 Aug 2021RentedNew contract
AED 43,000/yr12 months · AED 37 per sqft
7 Jun 2020RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
30 Apr 2014Sold by developerOff-plan
AED 1,394,880AED 1,200 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
2-bed apartment
Size
1,162 sqft
Floor
6th of 6
Parking
P1-69
Developer
DAMAC
Completed
2014
Service charge
AED 14,100 /yr
Last sold
AED 1.39M · April 2014
Building
Lincoln Park - Northside

About 616, Lincoln Park - Northside

616 is a two-bedroom apartment of 1,162 sqft on the 6th floor of Lincoln Park - Northside, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 30 April 2014 for AED 1,394,880, or AED 1,200 per sqft, 22% above the AED 980 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 60,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 14,100 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, April 2014: AED 1,394,880 (AED 1,200 per sqft)

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

Rents
Unit 616, 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 2020: AED 55,000 a yearNew contract, August 2021: AED 43,000 a yearNew contract, August 2022: AED 55,000 a yearRenewal, August 2023: AED 55,000 a yearRenewal, August 2024: AED 60,000 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 616 sits

All 20 2-beds →

616 last sold in April 2014 at AED 1,200 per sqft, 22% above what two-beds in Lincoln Park - Northside were fetching at the time (AED 980). 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. 616's AED 60,000 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 6th floor

All 170 units in Lincoln Park - Northside
Value
601StudioAED 618K · Aug 2013
602StudioAED 405K · Oct 2023
603StudioAED 625K · Dec 2013
604StudioAED 700K · May 2015
605StudioAED 505K · Apr 2017
606StudioAED 552K · Jul 2013
6071-bedAED 838K · Jul 2013
1–7 of 33

616, Lincoln Park - Northside in numbers

  • Sold once: by DAMAC on 30 April 2014 for AED 1,394,880, or AED 1,200 per sqft.
  • Rented since June 2020 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2021 and recovered to AED 60,000 by August 2024.
  • At AED 60,000 a year the gross yield on the 2014 price is 4.3%, before a service charge of about AED 14,100 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 20 August 2024.

Questions about 616, Lincoln Park - Northside

What did unit 616 last sell for?

AED 1,394,880 on 30 April 2014, sold by the developer: AED 1,200 per sqft for 1,162 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 60,000 a year on the contract renewed on 20 August 2024. The previous contract, from August 2023, was AED 55,000; the unit has been rented since June 2020.

How big is unit 616?

1,162 sqft (108.0 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2014.

What is unit 616 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 616, Lincoln Park - Northside

Starts from the last sale price (AED 1.39M, 30 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,394,880
Deposit, UAE resident (20%)
AED 278,976
Deposit, non-resident (40%)
AED 557,952
Monthly over 25 years at 3.7%
AED 5,707

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