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Studio · 496 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

503, Lincoln Park - Sheffield

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 18 July 2026
Last soldAED 390K10 May 2023
Current rentAED 42K /yr18 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Lincoln Park - Sheffield

What is 503 worth today?

Last sold for AED 390,000 in 2023

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18 Jul 2026RentedNew contract
AED 42,026/yr12 months · AED 85 per sqft
7 Dec 2025RentedRenewal
AED 60,000/yr12 months · AED 121 per sqft
7 Dec 2024RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
21 Jan 2024RentedRenewal
AED 72,001/yr9 months · AED 145 per sqft
21 Oct 2023RentedNew contract
AED 72,000/yr3 months · AED 145 per sqft
10 May 2023SoldReady
AED 390,000AED 786 per sqft
6 Dec 2022SoldReady
AED 300,000AED 605 per sqft
18 Jul 2017RentedNew contract
AED 41,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 18 July 2026.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
5th of 6
Parking
P1-13
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 390K · May 2023
Building
Lincoln Park - Sheffield

About 503, Lincoln Park - Sheffield

503 is a studio of 496 sqft on the 5th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 10 May 2023 for AED 390,000, or AED 786 per sqft, 26% above the AED 622 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 18 July 2026, is AED 42,026 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 426,600 (AED 860 per sqft)Sold, December 2022: AED 300,000 (AED 605 per sqft)Sold, May 2023: AED 390,000 (AED 786 per sqft)

503 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in Lincoln Park - Sheffield
25K50K75K2015201920232027Typical 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 yearNew contract, July 2017: AED 41,000 a yearNew contract, October 2023: AED 72,000 a yearRenewal, January 2024: AED 72,001 a yearNew contract, December 2024: AED 60,000 a yearRenewal, December 2025: AED 60,000 a yearNew contract, July 2026: AED 42,026 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 503 sits

All 130 studios →

503 last sold in May 2023 at AED 786 per sqft, 26% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 622). 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. 503's AED 42,026 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 5th floor

All 170 units in Lincoln Park - Sheffield
Value
501StudioAED 375K · Apr 2024
502StudioAED 280K · Sep 2022
504StudioAED 450K · Jan 2025
505StudioAED 450K · Jan 2025
506StudioAED 435K · Jun 2024
507StudioAED 573K · Oct 2015
5081-bedAED 410K · Sep 2019
1–7 of 33

503, Lincoln Park - Sheffield in numbers

  • Sold 3 times: first on 5 August 2009 for AED 426,600, last on 10 May 2023 for AED 390,000 (AED 786 per sqft).
  • Rented since June 2015 on 8 Ejari contracts, from AED 50,000 to AED 42,026 a year.
  • At AED 42,026 a year the gross yield on the 2023 price is 10.8%, 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 18 July 2026.

Questions about 503, Lincoln Park - Sheffield

What did unit 503 last sell for?

AED 390,000 on 10 May 2023: AED 786 per sqft for 496 sqft. The unit has 3 registered sales; the first was AED 426,600 in August 2009.

What is the rent for unit 503?

AED 42,026 a year on the contract signed on 18 July 2026. The previous contract, from December 2025, was AED 60,000; the unit has been rented since June 2015.

How big is unit 503?

496 sqft (46.1 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 503 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 503, Lincoln Park - Sheffield

Starts from the last sale price (AED 390K, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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