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Studio · 573 sqftLincoln Park - Sheffield, Arjan · 4th floor · completed 2014

407, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 573K13 October 2015
Current rentAED 35K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Lincoln Park - Sheffield

What is 407 worth today?

Last sold for AED 573,180 in 2015

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5 Aug 2026RentedRenewal
AED 35,000/yr12 months · AED 61 per sqft
5 Aug 2025RentedRenewal
AED 34,000/yr12 months · AED 59 per sqft
5 Aug 2024RentedRenewal
AED 31,000/yr12 months · AED 54 per sqft
5 Aug 2023RentedNew contract
AED 29,900/yr12 months · AED 52 per sqft
5 Aug 2022RentedRenewal
AED 26,000/yr12 months · AED 46 per sqft
5 Aug 2021RentedRenewal
AED 24,000/yr12 months · AED 42 per sqft
5 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 42 per sqft
13 Oct 2015Sold by developerReady
AED 573,180AED 999 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
Studio apartment
Size
573 sqft
Floor
4th of 6
Parking
G-77
Developer
DAMAC
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 573K · October 2015
Building
Lincoln Park - Sheffield

About 407, Lincoln Park - Sheffield

407 is a studio of 573 sqft on the 4th 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 573,180, or AED 999 per sqft, in line with the AED 1,021 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 35,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 7,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 573,180 (AED 999 per sqft)

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

Rents
Unit 407, each contractTypical studio in Lincoln Park - Sheffield
20K40K2015201920232027Typical 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, August 2020: AED 24,000 a yearRenewal, August 2021: AED 24,000 a yearRenewal, August 2022: AED 26,000 a yearNew contract, August 2023: AED 29,900 a yearRenewal, August 2024: AED 31,000 a yearRenewal, August 2025: AED 34,000 a yearRenewal, August 2026: AED 35,000 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 407 sits

All 130 studios →

407 last sold in October 2015 at AED 999 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. 407's AED 35,000 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 4th floor

All 170 units in Lincoln Park - Sheffield
Value
401StudioAED 636K · Jun 2009
402StudioAED 330K · Mar 2023
403StudioAED 425K · Aug 2009
404StudioAED 310K · Dec 2022
405StudioAED 470K · May 2017
406StudioAED 472K · Jun 2009
4081-bedAED 700K · Feb 2025
1–7 of 33

407, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 13 October 2015 for AED 573,180, or AED 999 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 24,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 7,300 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 5 August 2026.

Questions about 407, Lincoln Park - Sheffield

What did unit 407 last sell for?

AED 573,180 on 13 October 2015, sold by the developer: AED 999 per sqft for 573 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 35,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 34,000; the unit has been rented since August 2020.

How big is unit 407?

573 sqft (53.2 sqm): a studio on the 4th floor of a 6-storey tower completed in 2014.

What is unit 407 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 407, Lincoln Park - Sheffield

Starts from the last sale price (AED 573K, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 573,180
Deposit, UAE resident (20%)
AED 114,636
Deposit, non-resident (40%)
AED 229,272
Monthly over 25 years at 3.7%
AED 2,345

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