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Studio · 524 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

218, Lincoln Park - Sheffield

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

Unit 218 · DLD and Ejari recordsUpdated 27 January 2023
Last soldAED 629K25 August 2015
Current rentAED 28K /yr27 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Lincoln Park - Sheffield

What is 218 worth today?

Last sold for AED 628,656 in 2015

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27 Jan 2023RentedRenewal
AED 27,600/yr12 months · AED 53 per sqft
27 Jan 2022RentedRenewal
AED 24,000/yr12 months · AED 46 per sqft
27 Jan 2021RentedNew contract
AED 21,000/yr12 months · AED 40 per sqft
10 Oct 2020RentedRenewal
AED 24,000/yr3 months · AED 46 per sqft
10 Oct 2019RentedNew contract
AED 31,000/yr12 months · AED 59 per sqft
29 Jul 2019RentedRenewal
AED 34,720/yr12 months · AED 66 per sqft
29 Aug 2018RentedNew contract
AED 41,333/yr11 months · AED 79 per sqft
27 Jan 2018RentedRenewal
AED 50,000/yr3 months · AED 95 per sqft

Source: Dubai Land Department. Updated 27 January 2023.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
2nd of 6
Parking
G-20
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 629K · August 2015
Building
Lincoln Park - Sheffield

About 218, Lincoln Park - Sheffield

218 is a studio of 524 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 25 August 2015 for AED 628,656, or AED 1,199 per sqft, 17% above the AED 1,022 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 27 January 2023, is AED 27,600 a year: a gross yield of 4.4% on the 2015 price, before the service charge of about AED 6,700 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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, August 2015: AED 628,656 (AED 1,199 per sqft)

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

Rents
Unit 218, 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, October 2015: AED 50,000 a yearNew contract, October 2016: AED 50,000 a yearRenewal, October 2017: AED 50,000 a yearRenewal, January 2018: AED 50,000 a yearNew contract, August 2018: AED 41,333 a yearRenewal, July 2019: AED 34,720 a yearNew contract, October 2019: AED 31,000 a yearRenewal, October 2020: AED 24,000 a yearNew contract, January 2021: AED 21,000 a yearRenewal, January 2022: AED 24,000 a yearRenewal, January 2023: AED 27,600 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 218 sits

All 130 studios →

218 last sold in August 2015 at AED 1,199 per sqft, 17% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,022). 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. 218's AED 27,600 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
203StudioAED 608K · Mar 2014
204StudioAED 510K · Jul 2025
205StudioAED 485K · Feb 2025
206StudioAED 385K · Sep 2018
207StudioAED 575K · Nov 2015
1–7 of 33

218, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 25 August 2015 for AED 628,656, or AED 1,199 per sqft.
  • Rented since October 2015 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 21,000 in 2021 and recovered to AED 27,600 by January 2023.
  • At AED 27,600 a year the gross yield on the 2015 price is 4.4%, before a service charge of about AED 6,700 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 27 January 2023.

Questions about 218, Lincoln Park - Sheffield

What did unit 218 last sell for?

AED 628,656 on 25 August 2015, sold by the developer: AED 1,199 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 27,600 a year on the contract renewed on 27 January 2023. The previous contract, from January 2022, was AED 24,000; the unit has been rented since October 2015.

How big is unit 218?

524 sqft (48.7 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 218 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 218, Lincoln Park - Sheffield

Starts from the last sale price (AED 629K, 25 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 628,656
Deposit, UAE resident (20%)
AED 125,731
Deposit, non-resident (40%)
AED 251,462
Monthly over 25 years at 3.7%
AED 2,572

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