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Studio · 491 sqftLincoln Park - Sheffield, Arjan · 3rd floor · completed 2014

316, Lincoln Park - Sheffield

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

Unit 316 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 502K16 February 2015
Current rentAED 43K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Lincoln Park - Sheffield

What is 316 worth today?

Last sold for AED 502,000 in 2015

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16 Jun 2026RentedRenewal
AED 43,000/yr12 months · AED 87 per sqft
16 Jun 2025RentedRenewal
AED 43,000/yr12 months · AED 87 per sqft
1 Dec 2024RentedRenewal
AED 39,692/yr6 months · AED 81 per sqft
1 Dec 2023RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
1 Dec 2022RentedRenewal
AED 27,600/yr12 months · AED 56 per sqft
1 Dec 2021RentedNew contract
AED 24,000/yr12 months · AED 49 per sqft
1 Feb 2021RentedNew contract
AED 22,000/yr12 months · AED 45 per sqft
1 Oct 2019RentedNew contract
AED 27,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
3rd of 6
Parking
G-52
Developer
DAMAC
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 502K · February 2015
Building
Lincoln Park - Sheffield

About 316, Lincoln Park - Sheffield

316 is a studio of 491 sqft on the 3rd 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 502,000, 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 2017 on 10 Ejari contracts. The current contract, renewed on 16 June 2026, is AED 43,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 6,300 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, April 2014: AED 502,000 (AED 1,021 per sqft)Sold, February 2015: AED 502,000 (AED 1,021 per sqft)

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

Rents
Unit 316, 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, September 2017: AED 40,000 a yearRenewal, September 2018: AED 40,000 a yearNew contract, October 2019: AED 27,000 a yearNew contract, February 2021: AED 22,000 a yearNew contract, December 2021: AED 24,000 a yearRenewal, December 2022: AED 27,600 a yearNew contract, December 2023: AED 40,000 a yearRenewal, December 2024: AED 39,692 a yearRenewal, June 2025: AED 43,000 a yearRenewal, June 2026: AED 43,000 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 316 sits

All 130 studios →

316 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. 316's AED 43,000 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 3rd floor

All 170 units in Lincoln Park - Sheffield
Value
301StudioAED 465K · Mar 2025
302StudioAED 400K · Apr 2019
303StudioAED 350K · Mar 2023
304StudioAED 480K · Dec 2025
305StudioAED 469K · Jun 2009
306StudioAED 469K · Jun 2009
307StudioAED 746K · May 2015
1–7 of 33

316, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 6 April 2014 for AED 502,000, last on 16 February 2015 for AED 502,000 (AED 1,021 per sqft).
  • Rented since September 2017 on 10 Ejari contracts. The rent fell from AED 40,000 to AED 22,000 in 2021 and recovered to AED 43,000 by June 2026.
  • At AED 43,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 6,300 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 16 June 2026.

Questions about 316, Lincoln Park - Sheffield

What did unit 316 last sell for?

AED 502,000 on 16 February 2015: AED 1,021 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 502,000 in April 2014.

What is the rent for unit 316?

AED 43,000 a year on the contract renewed on 16 June 2026. The previous contract, from June 2025, was AED 43,000; the unit has been rented since September 2017.

How big is unit 316?

491 sqft (45.6 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 316 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 316, Lincoln Park - Sheffield

Starts from the last sale price (AED 502K, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 502,000
Deposit, UAE resident (20%)
AED 100,400
Deposit, non-resident (40%)
AED 200,800
Monthly over 25 years at 3.7%
AED 2,054

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