1-bed · 925 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

229, Lincoln Park - Sheffield

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 432K28 April 2021
Current rentAED 51K /yr2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 229, Lincoln Park - Sheffield

What is 229 worth today?

Last sold for AED 432,000 in 2021

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2 Oct 2024RentedRenewal
AED 50,856/yr3 months · AED 56 per sqft
2 Oct 2023RentedRenewal
AED 48,000/yr12 months · AED 52 per sqft
2 Oct 2022RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
2 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
28 Apr 2021SoldReady
AED 432,000AED 467 per sqft
2 Oct 2020RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
2 Oct 2019RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
2 Oct 2018RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
1-bed apartment
Size
925 sqft
Floor
2nd of 6
Parking
G-31
Developer
DAMAC
Completed
2014
Service charge
AED 11,900 /yr
Last sold
AED 432K · April 2021

About 229, Lincoln Park - Sheffield

229 is a one-bedroom apartment of 925 sqft on the 2nd floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 28 April 2021 for AED 432,000, or AED 467 per sqft.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 2 October 2024, is AED 50,856 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 11,900 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical one-bed in Lincoln Park - Sheffield
500K750K1M2009201420192024Typical sale price by year: 2009 AED 723,000; 2014 AED 894,900; 2015 AED 919,200; 2022 AED 370,000; 2024 AED 695,000; 2025 AED 725,000Sold by developer, July 2014: AED 896,800 (AED 969 per sqft)Sold, April 2016: AED 647,500 (AED 700 per sqft)Sold, April 2021: AED 432,000 (AED 467 per sqft)

229 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 229, each contractTypical one-bed in Lincoln Park - Sheffield
40K60K20152018202120242027Typical rent by year: 2015 AED 65,000; 2016 AED 64,500; 2017 AED 57,500; 2018 AED 52,000; 2019 AED 43,000; 2020 AED 35,500; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 45,100; 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000New contract, October 2017: AED 55,000 a yearRenewal, October 2018: AED 52,000 a yearRenewal, October 2019: AED 52,000 a yearRenewal, October 2020: AED 42,000 a yearNew contract, October 2021: AED 42,000 a yearRenewal, October 2022: AED 45,000 a yearRenewal, October 2023: AED 48,000 a yearRenewal, October 2024: AED 50,856 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lincoln Park - Sheffield, and where 229 sits

All 35 1-beds →

Over the last 12 months one-beds sold for AED 700,000, around AED 937 per sqft, and rent for AED 45,000 to 97,000 a year. 229's AED 50,856 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026700,000
16 Sep 2025750,000
13 May 2025750,000
15 Apr 2025700,000
1 1-bed sale 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

229, Lincoln Park - Sheffield in numbers

  • Sold 3 times: first on 13 July 2014 for AED 896,800, last on 28 April 2021 for AED 432,000 (AED 467 per sqft).
  • Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 42,000 in 2021 and recovered to AED 50,856 by October 2024.
  • At AED 50,856 a year the gross yield on the 2021 price is 11.8%, before a service charge of about AED 11,900 a year (AED 12.82 per sqft).
  • One-beds in Lincoln Park - Sheffield sold for AED 700,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 953 per sqft.

Source: Dubai Land Department. Updated 2 October 2024.

Questions about 229, Lincoln Park - Sheffield

What did unit 229 last sell for?

AED 432,000 on 28 April 2021: AED 467 per sqft for 925 sqft. The unit has 3 registered sales; the first was AED 896,800 in July 2014.

What is the rent for unit 229?

AED 50,856 a year on the contract renewed on 2 October 2024. The previous contract, from October 2023, was AED 48,000; the unit has been rented since October 2017.

How big is unit 229?

925 sqft (85.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lincoln Park - Sheffield sold for AED 700,000 to 700,000 in the last 12 months, around AED 937 per sqft.

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Mortgage on 229, Lincoln Park - Sheffield

Starts from the last sale price (AED 432K, 28 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 432,000
Deposit, UAE resident (20%)
AED 86,400
Deposit, non-resident (40%)
AED 172,800
Monthly over 25 years at 3.7%
AED 1,767

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