Studio · 496 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

203, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 608K27 March 2014
Current rentAED 30K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Lincoln Park - Sheffield

What is 203 worth today?

Last sold for AED 608,400 in 2014

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25 Oct 2024RentedRenewal
AED 30,000/yr36 months · AED 60 per sqft
25 Oct 2023RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
10 Oct 2022RentedRenewal
AED 27,000/yr12 months · AED 54 per sqft
10 Oct 2021RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
10 Sep 2020RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
10 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 60 per sqft
23 Jul 2019RentedNew contract
AED 32,000/yr12 months · AED 64 per sqft
15 May 2016RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
2nd of 6
Parking
G-3
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 608K · March 2014

About 203, Lincoln Park - Sheffield

203 is a studio of 496 sqft on the 2nd floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 27 March 2014 for AED 608,400, or AED 1,225 per sqft, 9% above the AED 1,123 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 30,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 6,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical studio in Lincoln Park - Sheffield
400K600K2009201420192024Typical sale price by year: 2009 AED 470,500; 2013 AED 483,000; 2014 AED 572,000; 2015 AED 556,050; 2016 AED 512,500; 2017 AED 490,000; 2018 AED 402,500; 2019 AED 320,000; 2020 AED 300,000; 2021 AED 292,500; 2022 AED 285,000; 2023 AED 382,500; 2024 AED 450,000; 2025 AED 482,500; 2026 AED 510,000Sold by developer, March 2014: AED 608,400 (AED 1,225 per sqft)

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

Rents
Unit 203, each contractTypical studio in Lincoln Park - Sheffield
20K40K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 27,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 34,000; 2024 AED 39,000; 2025 AED 43,000; 2026 AED 43,000New contract, May 2016: AED 48,000 a yearNew contract, July 2019: AED 32,000 a yearNew contract, March 2020: AED 30,000 a yearNew contract, September 2020: AED 24,000 a yearNew contract, October 2021: AED 24,000 a yearRenewal, October 2022: AED 27,000 a yearNew contract, October 2023: AED 36,000 a yearRenewal, October 2024: AED 30,000 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 - Sheffield, and where 203 sits

All 130 studios →

203 last sold in March 2014 at AED 1,225 per sqft, 9% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,123). Over the last 12 months studios sold for AED 450,000 to 560,000, around AED 970 per sqft, and rent for AED 30,000 to 75,000 a year. 203's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026510,000
16 Jul 2026500,000
8 Jun 2026520,000
26 Mar 2026560,000
8 studio sales in the last 12 months

Lincoln Park - Sheffield

Building

170 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 10 sold in the last 12 months.

Typical price per sqft
AED 953 Up 5.0%
Typical sale
AED 515K
Typical rent
AED 45K /yr
Typical yield
8.6%
Lincoln Park - Sheffield, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 170 units in Lincoln Park - Sheffield
Value
201StudioAED 495K · Jun 2025
202StudioAED 709K · Feb 2015
204StudioAED 510K · Jul 2025
205StudioAED 485K · Feb 2025
206StudioAED 385K · Sep 2018
207StudioAED 575K · Nov 2015
2081-bedAED 860K · May 2015
1–7 of 33

203, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 27 March 2014 for AED 608,400, or AED 1,225 per sqft.
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 24,000 in 2021 and recovered to AED 30,000 by October 2024.
  • At AED 30,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 6,400 a year (AED 12.82 per sqft).
  • Studios in Lincoln Park - Sheffield sold for AED 450,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 953 per sqft.

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 203, Lincoln Park - Sheffield

What did unit 203 last sell for?

AED 608,400 on 27 March 2014, sold by the developer: AED 1,225 per sqft for 496 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 30,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 36,000; the unit has been rented since May 2016.

How big is unit 203?

496 sqft (46.1 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Sheffield sold for AED 450,000 to 560,000 in the last 12 months, around AED 970 per sqft.

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Mortgage on 203, Lincoln Park - Sheffield

Starts from the last sale price (AED 608K, 27 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 608,400
Deposit, UAE resident (20%)
AED 121,680
Deposit, non-resident (40%)
AED 243,360
Monthly over 25 years at 3.7%
AED 2,489

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