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Studio · 611 sqftLincoln Park - Sheffield, Arjan · 2nd floor · completed 2014

234, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 234 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 611K13 October 2015
Current rentAED 31K /yr27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 234, Lincoln Park - Sheffield

What is 234 worth today?

Last sold for AED 610,750 in 2015

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27 Oct 2022RentedRenewal
AED 30,800/yr12 months · AED 50 per sqft
27 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft
28 Sep 2020RentedRenewal
AED 27,000/yr12 months · AED 44 per sqft
28 Sep 2019RentedRenewal
AED 35,000/yr12 months · AED 57 per sqft
28 Mar 2019RentedRenewal
AED 38,000/yr6 months · AED 62 per sqft
28 Sep 2018RentedNew contract
AED 38,000/yr6 months · AED 62 per sqft
15 Apr 2016RentedNew contract
AED 56,000/yr12 months · AED 91 per sqft
13 Oct 2015Sold by developerReady
AED 610,750AED 1,000 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
Studio apartment
Size
611 sqft
Floor
2nd of 6
Parking
G-36
Developer
DAMAC
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 611K · October 2015
Building
Lincoln Park - Sheffield

About 234, Lincoln Park - Sheffield

234 is a studio of 611 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 13 October 2015 for AED 610,750, or AED 1,000 per sqft, in line with the AED 1,021 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 27 October 2022, is AED 30,800 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 7,800 a year.

Sales and rents for 234 over time

Sales
Unit 234, 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, October 2015: AED 610,750 (AED 1,000 per sqft)

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

Rents
Unit 234, 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, April 2016: AED 56,000 a yearNew contract, September 2018: AED 38,000 a yearRenewal, March 2019: AED 38,000 a yearRenewal, September 2019: AED 35,000 a yearRenewal, September 2020: AED 27,000 a yearNew contract, October 2021: AED 28,000 a yearRenewal, October 2022: AED 30,800 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 234 sits

All 130 studios →

234 last sold in October 2015 at AED 1,000 per sqft, in line with what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,021). 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. 234's AED 30,800 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

234, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 13 October 2015 for AED 610,750, or AED 1,000 per sqft.
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 56,000 to AED 27,000 in 2020 and recovered to AED 30,800 by October 2022.
  • At AED 30,800 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 7,800 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 October 2022.

Questions about 234, Lincoln Park - Sheffield

What did unit 234 last sell for?

AED 610,750 on 13 October 2015, sold by the developer: AED 1,000 per sqft for 611 sqft. It is the only registered sale of the unit.

What is the rent for unit 234?

AED 30,800 a year on the contract renewed on 27 October 2022. The previous contract, from October 2021, was AED 28,000; the unit has been rented since April 2016.

How big is unit 234?

611 sqft (56.8 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 234 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 234, Lincoln Park - Sheffield

Starts from the last sale price (AED 611K, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 610,750
Deposit, UAE resident (20%)
AED 122,150
Deposit, non-resident (40%)
AED 244,300
Monthly over 25 years at 3.7%
AED 2,499

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