Studio · 523 sqftLincoln Park - Sheffield, Arjan · 4th floor · completed 2014

421, Lincoln Park - Sheffield

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 475K5 November 2024
Current rentAED 38K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 421, Lincoln Park - Sheffield

What is 421 worth today?

Last sold for AED 475,000 in 2024

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5 Nov 2024SoldReady
AED 475,000AED 907 per sqft
25 Oct 2023RentedRenewal
AED 37,898/yr12 months · AED 73 per sqft
26 Oct 2022RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
25 Oct 2021RentedRenewal
AED 28,723/yr12 months · AED 56 per sqft
25 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 53 per sqft
8 Oct 2019RentedNew contract
AED 44,000/yr12 months · AED 83 per sqft
18 May 2014Sold by developerOff-plan
AED 627,888AED 1,200 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
4th of 6
Parking
G-91
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 475K · November 2024

About 421, Lincoln Park - Sheffield

421 is a studio of 523 sqft on the 4th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 5 November 2024 for AED 475,000, or AED 907 per sqft, 7% above the AED 851 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 25 October 2023, is AED 37,898 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 6,700 a year.

Sales and rents for 421 over time

Sales
Unit 421, 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, May 2014: AED 627,888 (AED 1,200 per sqft)Sold, November 2024: AED 475,000 (AED 907 per sqft)

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

Rents
Unit 421, 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, October 2019: AED 44,000 a yearNew contract, October 2020: AED 28,000 a yearRenewal, October 2021: AED 28,723 a yearRenewal, October 2022: AED 30,000 a yearRenewal, October 2023: AED 37,898 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 421 sits

All 130 studios →

421 last sold in November 2024 at AED 907 per sqft, 7% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 851). 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. 421's AED 37,898 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
407StudioAED 573K · Oct 2015
1–7 of 33

421, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 18 May 2014 for AED 627,888, last on 5 November 2024 for AED 475,000 (AED 907 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 44,000 to AED 28,000 in 2020 and recovered to AED 37,898 by October 2023.
  • At AED 37,898 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 6,700 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 November 2024.

Questions about 421, Lincoln Park - Sheffield

What did unit 421 last sell for?

AED 475,000 on 5 November 2024: AED 907 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 627,888 in May 2014.

What is the rent for unit 421?

AED 37,898 a year on the contract renewed on 25 October 2023. The previous contract, from October 2022, was AED 30,000; the unit has been rented since October 2019.

How big is unit 421?

523 sqft (48.6 sqm): a studio on the 4th floor of a 6-storey tower completed in 2014.

What is unit 421 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 421, Lincoln Park - Sheffield

Starts from the last sale price (AED 475K, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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