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Studio · 526 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

224, Lincoln Park - Sheffield

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

Unit 224 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 537K16 February 2015
Current rentAED 44K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Lincoln Park - Sheffield

What is 224 worth today?

Last sold for AED 537,000 in 2015

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1 Apr 2026RentedRenewal
AED 44,000/yr12 months · AED 83 per sqft
1 Apr 2026RentedRenewal
AED 44,000/yr12 months · AED 85 per sqft
1 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 80 per sqft
1 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 80 per sqft
16 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
5 Jan 2023RentedNew contract
AED 32,000/yr12 months · AED 61 per sqft
28 Dec 2021RentedRenewal
AED 26,000/yr12 months · AED 49 per sqft
28 Dec 2020RentedNew contract
AED 22,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
526 sqft
Floor
2nd of 6
Parking
G-26
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 537K · February 2015
Building
Lincoln Park - Sheffield

About 224, Lincoln Park - Sheffield

224 is a studio of 526 sqft on the 2nd floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 16 February 2015 for AED 537,000, or AED 1,021 per sqft, 9% below the AED 1,122 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 44,000 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 6,700 a year.

Sales and rents for 224 over time

Sales
Unit 224, 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, July 2014: AED 537,000 (AED 1,021 per sqft)Sold, February 2015: AED 537,000 (AED 1,021 per sqft)

224 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 224, 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, February 2015: AED 48,000 a yearNew contract, November 2017: AED 39,000 a yearRenewal, November 2018: AED 39,000 a yearRenewal, November 2019: AED 37,000 a yearNew contract, December 2020: AED 22,000 a yearRenewal, December 2021: AED 26,000 a yearNew contract, January 2023: AED 32,000 a yearNew contract, February 2024: AED 40,000 a yearNew contract, April 2025: AED 42,000 a yearNew contract, April 2025: AED 42,000 a yearRenewal, April 2026: AED 44,000 a yearRenewal, April 2026: AED 44,000 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 224 sits

All 130 studios →

224 last sold in February 2015 at AED 1,021 per sqft, 9% below what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,122). 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. 224's AED 44,000 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

224, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 13 July 2014 for AED 537,000, last on 16 February 2015 for AED 537,000 (AED 1,021 per sqft).
  • Rented since February 2015 on 12 Ejari contracts. The rent fell from AED 48,000 to AED 22,000 in 2020 and recovered to AED 44,000 by April 2026.
  • At AED 44,000 a year the gross yield on the 2015 price is 8.2%, 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 1 April 2026.

Questions about 224, Lincoln Park - Sheffield

What did unit 224 last sell for?

AED 537,000 on 16 February 2015: AED 1,021 per sqft for 526 sqft. The unit has 2 registered sales; the first was AED 537,000 in July 2014.

What is the rent for unit 224?

AED 44,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2026, was AED 44,000; the unit has been rented since February 2015.

How big is unit 224?

526 sqft (48.9 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 224 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 224, Lincoln Park - Sheffield

Starts from the last sale price (AED 537K, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 537,000
Deposit, UAE resident (20%)
AED 107,400
Deposit, non-resident (40%)
AED 214,800
Monthly over 25 years at 3.7%
AED 2,197

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