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Studio · 497 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

231, Lincoln Park - Sheffield

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 510K26 March 2017
Current rentAED 45K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 231, Lincoln Park - Sheffield

What is 231 worth today?

Last sold for AED 510,000 in 2017

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5 Apr 2026RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
4 Apr 2019RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
1 Apr 2018RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
26 Mar 2017SoldReady
AED 510,000AED 1,026 per sqft
24 Feb 2017RentedRenewal
AED 53,000/yr12 months · AED 107 per sqft
24 Feb 2016RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
24 Feb 2015RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
13 Jul 2014Sold by developerOff-plan
AED 507,000AED 1,020 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
2nd of 6
Parking
G-33
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 510K · March 2017
Building
Lincoln Park - Sheffield

About 231, Lincoln Park - Sheffield

231 is a studio of 497 sqft on the 2nd floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 26 March 2017 for AED 510,000, or AED 1,026 per sqft, in line with the AED 1,026 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 5 April 2026, is AED 45,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 6,400 a year.

Sales and rents for 231 over time

Sales
Unit 231, 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 507,000 (AED 1,020 per sqft)Sold, March 2017: AED 510,000 (AED 1,026 per sqft)

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

Rents
Unit 231, each contractTypical studio in Lincoln Park - Sheffield
20K40K60K20152018202120242027Typical 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 55,000 a yearNew contract, February 2016: AED 55,000 a yearRenewal, February 2017: AED 53,000 a yearNew contract, April 2018: AED 40,000 a yearNew contract, April 2019: AED 36,000 a yearNew contract, April 2026: AED 45,000 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 231 sits

All 130 studios →

231 last sold in March 2017 at AED 1,026 per sqft, in line with what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,026). 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. 231's AED 45,000 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

231, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 13 July 2014 for AED 507,000, last on 26 March 2017 for AED 510,000 (AED 1,026 per sqft).
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 36,000 in 2019 and recovered to AED 45,000 by April 2026.
  • At AED 45,000 a year the gross yield on the 2017 price is 8.8%, 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 5 April 2026.

Questions about 231, Lincoln Park - Sheffield

What did unit 231 last sell for?

AED 510,000 on 26 March 2017: AED 1,026 per sqft for 497 sqft. The unit has 2 registered sales; the first was AED 507,000 in July 2014.

What is the rent for unit 231?

AED 45,000 a year on the contract signed on 5 April 2026. The previous contract, from April 2019, was AED 36,000; the unit has been rented since February 2015.

How big is unit 231?

497 sqft (46.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 231 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 231, Lincoln Park - Sheffield

Starts from the last sale price (AED 510K, 26 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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