Studio · 496 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

232, Lincoln Park - Sheffield

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

Unit 232 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 467K2 March 2015
Current rentAED 38K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 232, Lincoln Park - Sheffield

What is 232 worth today?

Last sold for AED 467,000 in 2015

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10 May 2026RentedRenewal
AED 38,350/yr12 months · AED 77 per sqft
10 May 2025RentedRenewal
AED 38,350/yr12 months · AED 77 per sqft
10 May 2024RentedRenewal
AED 36,516/yr12 months · AED 74 per sqft
10 May 2023RentedRenewal
AED 31,740/yr12 months · AED 64 per sqft
10 May 2022RentedRenewal
AED 27,600/yr12 months · AED 56 per sqft
10 May 2021RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
18 Apr 2020RentedRenewal
AED 28,000/yr12 months · AED 56 per sqft
18 Apr 2019RentedRenewal
AED 36,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
2nd of 6
Parking
G-34
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 467K · March 2015

About 232, Lincoln Park - Sheffield

232 is a studio of 496 sqft on the 2nd floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 2 March 2015 for AED 467,000, or AED 942 per sqft, 12% below the AED 1,076 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 10 May 2026, is AED 38,350 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 6,400 a year.

Sales and rents for 232 over time

Sales
Unit 232, 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, June 2009: AED 467,000 (AED 942 per sqft)Sold, March 2015: AED 467,000 (AED 942 per sqft)

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

Rents
Unit 232, 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, March 2015: AED 45,000 a yearRenewal, February 2016: AED 44,866 a yearNew contract, March 2017: AED 45,000 a yearNew contract, April 2018: AED 38,000 a yearRenewal, April 2019: AED 36,000 a yearRenewal, April 2020: AED 28,000 a yearNew contract, May 2021: AED 24,000 a yearRenewal, May 2022: AED 27,600 a yearRenewal, May 2023: AED 31,740 a yearRenewal, May 2024: AED 36,516 a yearRenewal, May 2025: AED 38,350 a yearRenewal, May 2026: AED 38,350 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 232 sits

All 130 studios →

232 last sold in March 2015 at AED 942 per sqft, 12% below what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,076). 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. 232's AED 38,350 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

232, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 15 June 2009 for AED 467,000, last on 2 March 2015 for AED 467,000 (AED 942 per sqft).
  • Rented since March 2015 on 12 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2021 and recovered to AED 38,350 by May 2026.
  • At AED 38,350 a year the gross yield on the 2015 price is 8.2%, 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 10 May 2026.

Questions about 232, Lincoln Park - Sheffield

What did unit 232 last sell for?

AED 467,000 on 2 March 2015: AED 942 per sqft for 496 sqft. The unit has 2 registered sales; the first was AED 467,000 in June 2009.

What is the rent for unit 232?

AED 38,350 a year on the contract renewed on 10 May 2026. The previous contract, from May 2025, was AED 38,350; the unit has been rented since March 2015.

How big is unit 232?

496 sqft (46.1 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 232 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 232, Lincoln Park - Sheffield

Starts from the last sale price (AED 467K, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 467,000
Deposit, UAE resident (20%)
AED 93,400
Deposit, non-resident (40%)
AED 186,800
Monthly over 25 years at 3.7%
AED 1,911

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