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

505, Lincoln Park - Sheffield

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 450K27 January 2025
Current rentAED 52K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Lincoln Park - Sheffield

What is 505 worth today?

Last sold for AED 450,000 in 2025

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1 Mar 2026RentedNew contract
AED 52,000/yr12 months · AED 105 per sqft
20 Feb 2025RentedNew contract
AED 52,000/yr12 months · AED 105 per sqft
27 Jan 2025SoldReady
AED 450,000AED 908 per sqft
6 Oct 2023RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
20 Oct 2017RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
20 Sep 2016RentedNew contract
AED 49,000/yr12 months · AED 99 per sqft
1 Sep 2015RentedNew contract
AED 49,000/yr12 months · AED 99 per sqft
5 Aug 2009Sold by developerOff-plan
AED 426,600AED 860 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
5th of 6
Parking
P1-15
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 450K · January 2025
Building
Lincoln Park - Sheffield

About 505, Lincoln Park - Sheffield

505 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 27 January 2025 for AED 450,000, or AED 908 per sqft, 3% above the AED 878 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 March 2026, is AED 52,000 a year: a gross yield of 11.6% on the 2025 price, before the service charge of about AED 6,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2025: AED 450,000 (AED 908 per sqft)

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

Rents
Unit 505, 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, September 2015: AED 49,000 a yearNew contract, September 2016: AED 49,000 a yearNew contract, October 2017: AED 40,000 a yearNew contract, October 2023: AED 38,000 a yearNew contract, February 2025: AED 52,000 a yearNew contract, March 2026: AED 52,000 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 505 sits

All 130 studios →

505 last sold in January 2025 at AED 908 per sqft, 3% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 878). 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. 505's AED 52,000 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 5th floor

All 170 units in Lincoln Park - Sheffield
Value
501StudioAED 375K · Apr 2024
502StudioAED 280K · Sep 2022
503StudioAED 390K · May 2023
504StudioAED 450K · Jan 2025
506StudioAED 435K · Jun 2024
507StudioAED 573K · Oct 2015
5081-bedAED 410K · Sep 2019
1–7 of 33

505, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 5 August 2009 for AED 426,600, last on 27 January 2025 for AED 450,000 (AED 908 per sqft).
  • Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 49,000 to AED 38,000 in 2023 and recovered to AED 52,000 by March 2026.
  • At AED 52,000 a year the gross yield on the 2025 price is 11.6%, 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 1 March 2026.

Questions about 505, Lincoln Park - Sheffield

What did unit 505 last sell for?

AED 450,000 on 27 January 2025: AED 908 per sqft for 496 sqft. The unit has 2 registered sales; the first was AED 426,600 in August 2009.

What is the rent for unit 505?

AED 52,000 a year on the contract signed on 1 March 2026. The previous contract, from February 2025, was AED 52,000; the unit has been rented since September 2015.

How big is unit 505?

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

What is unit 505 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 505, Lincoln Park - Sheffield

Starts from the last sale price (AED 450K, 27 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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