Studio · 530 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

222, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 222 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 689K21 May 2015
Current rentAED 42K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 222, Lincoln Park - Sheffield

What is 222 worth today?

Last sold for AED 688,740 in 2015

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27 Nov 2024RentedRenewal
AED 42,000/yr12 months · AED 79 per sqft
27 Nov 2023RentedRenewal
AED 37,000/yr12 months · AED 70 per sqft
27 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft
1 Dec 2021RentedNew contract
AED 25,000/yr12 months · AED 47 per sqft
25 Nov 2019RentedRenewal
AED 33,000/yr12 months · AED 63 per sqft
25 Nov 2018RentedNew contract
AED 35,000/yr12 months · AED 66 per sqft
21 May 2015Sold by developerReady
AED 688,740AED 1,299 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
Studio apartment
Size
530 sqft
Floor
2nd of 6
Parking
G-24
Developer
DAMAC
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 689K · May 2015

About 222, Lincoln Park - Sheffield

222 is a studio of 530 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 21 May 2015 for AED 688,740, or AED 1,299 per sqft, 27% above the AED 1,022 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 27 November 2024, is AED 42,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 6,800 a year.

Sales and rents for 222 over time

Sales
Unit 222, 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, May 2015: AED 688,740 (AED 1,299 per sqft)

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

Rents
Unit 222, 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, November 2018: AED 35,000 a yearRenewal, November 2019: AED 33,000 a yearNew contract, December 2021: AED 25,000 a yearNew contract, November 2022: AED 30,000 a yearRenewal, November 2023: AED 37,000 a yearRenewal, November 2024: AED 42,000 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 222 sits

All 130 studios →

222 last sold in May 2015 at AED 1,299 per sqft, 27% 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. 222's AED 42,000 is in the lower half 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

222, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 21 May 2015 for AED 688,740, or AED 1,299 per sqft.
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2021 and recovered to AED 42,000 by November 2024.
  • At AED 42,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 6,800 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 November 2024.

Questions about 222, Lincoln Park - Sheffield

What did unit 222 last sell for?

AED 688,740 on 21 May 2015, sold by the developer: AED 1,299 per sqft for 530 sqft. It is the only registered sale of the unit.

What is the rent for unit 222?

AED 42,000 a year on the contract renewed on 27 November 2024. The previous contract, from November 2023, was AED 37,000; the unit has been rented since November 2018.

How big is unit 222?

530 sqft (49.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 222 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 222, Lincoln Park - Sheffield

Starts from the last sale price (AED 689K, 21 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 688,740
Deposit, UAE resident (20%)
AED 137,748
Deposit, non-resident (40%)
AED 275,496
Monthly over 25 years at 3.7%
AED 2,818

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