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Studio · 525 sqftLincoln Park - Sheffield, Arjan · 4th floor · completed 2014

423, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 5 May 2026
Last soldAED 557K15 June 2009
Current rentAED 46K /yr5 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Lincoln Park - Sheffield

What is 423 worth today?

Last sold for AED 557,000 in 2009

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5 May 2026RentedRenewal
AED 46,000/yr12 months · AED 87 per sqft
5 May 2025RentedNew contract
AED 46,000/yr12 months · AED 87 per sqft
5 May 2025RentedNew contract
AED 46,000/yr12 months · AED 87 per sqft
1 May 2024RentedNew contract
AED 39,000/yr12 months · AED 74 per sqft
29 Jan 2023RentedNew contract
AED 32,000/yr12 months · AED 61 per sqft
15 Jul 2022RentedRenewal
AED 25,000/yr12 months · AED 47 per sqft
15 Jul 2021RentedNew contract
AED 25,000/yr12 months · AED 47 per sqft
15 Jun 2009Sold by developerOff-plan
AED 557,000AED 1,060 per sqft

Source: Dubai Land Department. Updated 5 May 2026.

Key facts

Type
Studio apartment
Size
525 sqft
Floor
4th of 6
Parking
G-93
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 557K · June 2009
Building
Lincoln Park - Sheffield

About 423, Lincoln Park - Sheffield

423 is a studio of 525 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 15 June 2009 for AED 557,000, or AED 1,060 per sqft, 11% above the AED 957 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 May 2026, is AED 46,000 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 6,700 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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, June 2009: AED 557,000 (AED 1,060 per sqft)

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

Rents
Unit 423, 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, July 2021: AED 25,000 a yearRenewal, July 2022: AED 25,000 a yearNew contract, January 2023: AED 32,000 a yearNew contract, May 2024: AED 39,000 a yearNew contract, May 2025: AED 46,000 a yearNew contract, May 2025: AED 46,000 a yearRenewal, May 2026: AED 46,000 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 423 sits

All 130 studios →

423 last sold in June 2009 at AED 1,060 per sqft, 11% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 957). 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. 423's AED 46,000 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
407StudioAED 573K · Oct 2015
1–7 of 33

423, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 15 June 2009 for AED 557,000, or AED 1,060 per sqft.
  • Rented since July 2021 on 7 Ejari contracts, from AED 25,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2009 price is 8.3%, 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 May 2026.

Questions about 423, Lincoln Park - Sheffield

What did unit 423 last sell for?

AED 557,000 on 15 June 2009, sold by the developer: AED 1,060 per sqft for 525 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 46,000 a year on the contract renewed on 5 May 2026. The previous contract, from May 2025, was AED 46,000; the unit has been rented since July 2021.

How big is unit 423?

525 sqft (48.8 sqm): a studio on the 4th floor of a 6-storey tower completed in 2014.

What is unit 423 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 423, Lincoln Park - Sheffield

Starts from the last sale price (AED 557K, 15 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 557,000
Deposit, UAE resident (20%)
AED 111,400
Deposit, non-resident (40%)
AED 222,800
Monthly over 25 years at 3.7%
AED 2,279

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