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Studio · 496 sqftLincoln Park - Sheffield, Arjan · 3rd floor · completed 2014

331, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 331 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 422K5 August 2009
Current rentAED 44K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 331, Lincoln Park - Sheffield

What is 331 worth today?

Last sold for AED 422,100 in 2009

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1 Jun 2025RentedNew contract
AED 44,000/yr12 months · AED 89 per sqft
12 May 2024RentedRenewal
AED 36,300/yr12 months · AED 73 per sqft
12 May 2023RentedRenewal
AED 33,000/yr12 months · AED 67 per sqft
12 May 2022RentedNew contract
AED 27,600/yr12 months · AED 56 per sqft
12 May 2021RentedRenewal
AED 24,000/yr12 months · AED 48 per sqft
12 May 2020RentedNew contract
AED 26,000/yr12 months · AED 53 per sqft
5 Apr 2019RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
1 Nov 2018RentedRenewal
AED 37,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
3rd of 6
Parking
G-67
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 422K · August 2009
Building
Lincoln Park - Sheffield

About 331, Lincoln Park - Sheffield

331 is a studio of 496 sqft on the 3rd floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 5 August 2009 for AED 422,100, or AED 851 per sqft, 10% below the AED 946 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 1 June 2025, is AED 44,000 a year: a gross yield of 10.4% on the 2009 price, before the service charge of about AED 6,400 a year.

Sales and rents for 331 over time

Sales
Unit 331, 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, August 2009: AED 422,100 (AED 851 per sqft)

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

Rents
Unit 331, 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 2016: AED 45,000 a yearNew contract, November 2017: AED 42,000 a yearRenewal, November 2018: AED 37,000 a yearNew contract, April 2019: AED 32,000 a yearNew contract, May 2020: AED 26,000 a yearRenewal, May 2021: AED 24,000 a yearNew contract, May 2022: AED 27,600 a yearRenewal, May 2023: AED 33,000 a yearRenewal, May 2024: AED 36,300 a yearNew contract, June 2025: AED 44,000 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 331 sits

All 130 studios →

331 last sold in August 2009 at AED 851 per sqft, 10% below what studios in Lincoln Park - Sheffield were fetching at the time (AED 946). 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. 331's AED 44,000 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

331, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 5 August 2009 for AED 422,100, or AED 851 per sqft.
  • Rented since September 2016 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2021 and recovered to AED 44,000 by June 2025.
  • At AED 44,000 a year the gross yield on the 2009 price is 10.4%, 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 1 June 2025.

Questions about 331, Lincoln Park - Sheffield

What did unit 331 last sell for?

AED 422,100 on 5 August 2009, sold by the developer: AED 851 per sqft for 496 sqft. It is the only registered sale of the unit.

What is the rent for unit 331?

AED 44,000 a year on the contract signed on 1 June 2025. The previous contract, from May 2024, was AED 36,300; the unit has been rented since September 2016.

How big is unit 331?

496 sqft (46.1 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2014.

What is unit 331 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 331, Lincoln Park - Sheffield

Starts from the last sale price (AED 422K, 5 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 422,100
Deposit, UAE resident (20%)
AED 84,420
Deposit, non-resident (40%)
AED 168,840
Monthly over 25 years at 3.7%
AED 1,727

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