Studio · 495 sqftLincoln Park - Sheffield, Arjan · 4th floor · completed 2014

402, Lincoln Park - Sheffield

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 330K23 March 2023
Current rentAED 37K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Lincoln Park - Sheffield

What is 402 worth today?

Last sold for AED 330,000 in 2023

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1 Jun 2025RentedRenewal
AED 36,900/yr12 months · AED 75 per sqft
1 Jun 2024RentedRenewal
AED 36,900/yr12 months · AED 75 per sqft
1 Jun 2023RentedNew contract
AED 31,900/yr12 months · AED 64 per sqft
23 Mar 2023SoldReady
AED 330,000AED 666 per sqft
1 Jun 2022RentedNew contract
AED 29,000/yr12 months · AED 59 per sqft
22 Jul 2017RentedRenewal
AED 44,123/yr12 months · AED 89 per sqft
21 Jul 2016RentedNew contract
AED 43,882/yr12 months · AED 89 per sqft
1 Jun 2015RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
4th of 6
Parking
G-72
Developer
DAMAC
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 330K · March 2023

About 402, Lincoln Park - Sheffield

402 is a studio of 495 sqft on the 4th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 23 March 2023 for AED 330,000, or AED 666 per sqft, 10% above the AED 603 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 36,900 a year: a gross yield of 11.2% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 424,800 (AED 857 per sqft)Sold, March 2023: AED 330,000 (AED 666 per sqft)

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

Rents
Unit 402, 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, June 2015: AED 50,000 a yearNew contract, July 2016: AED 43,882 a yearRenewal, July 2017: AED 44,123 a yearNew contract, June 2022: AED 29,000 a yearNew contract, June 2023: AED 31,900 a yearRenewal, June 2024: AED 36,900 a yearRenewal, June 2025: AED 36,900 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 402 sits

All 130 studios →

402 last sold in March 2023 at AED 666 per sqft, 10% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 603). 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. 402's AED 36,900 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 4th floor

All 170 units in Lincoln Park - Sheffield
Value
401StudioAED 636K · Jun 2009
403StudioAED 425K · Aug 2009
404StudioAED 310K · Dec 2022
405StudioAED 470K · May 2017
406StudioAED 472K · Jun 2009
407StudioAED 573K · Oct 2015
4081-bedAED 700K · Feb 2025
1–7 of 33

402, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 5 August 2009 for AED 424,800, last on 23 March 2023 for AED 330,000 (AED 666 per sqft).
  • Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 29,000 in 2022 and recovered to AED 36,900 by June 2025.
  • At AED 36,900 a year the gross yield on the 2023 price is 11.2%, 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 1 June 2025.

Questions about 402, Lincoln Park - Sheffield

What did unit 402 last sell for?

AED 330,000 on 23 March 2023: AED 666 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 424,800 in August 2009.

What is the rent for unit 402?

AED 36,900 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 36,900; the unit has been rented since June 2015.

How big is unit 402?

495 sqft (46.0 sqm): a studio on the 4th floor of a 6-storey tower completed in 2014.

What is unit 402 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 402, Lincoln Park - Sheffield

Starts from the last sale price (AED 330K, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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