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2-bed · 1,244 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

509, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 21 May 2026
Last soldAED 1.19M15 June 2009
Current rentAED 80K /yr21 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Lincoln Park - Sheffield

What is 509 worth today?

Last sold for AED 1,194,000 in 2009

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21 May 2026RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
24 Apr 2026RentedNew contract
AED 82,000/yr12 months · AED 66 per sqft
16 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
16 Jul 2025RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
10 Jun 2024RentedRenewal
AED 68,250/yr12 months · AED 55 per sqft
10 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
4 Jun 2022RentedNew contract
AED 50,000/yr12 months · AED 40 per sqft
4 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 21 May 2026.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
5th of 6
Parking
P1-19
Developer
DAMAC
Completed
2014
Service charge
AED 15,900 /yr
Last sold
AED 1.19M · June 2009
Building
Lincoln Park - Sheffield

About 509, Lincoln Park - Sheffield

509 is a two-bedroom apartment of 1,244 sqft on the 5th 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 1,194,000, or AED 960 per sqft, in line with the AED 955 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, signed on 21 May 2026, is AED 80,000 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 15,900 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical two-bed in Lincoln Park - Sheffield
50K75K20152018202120242027Typical rent by year: 2016 AED 90,000; 2018 AED 68,000; 2022 AED 52,000; 2023 AED 67,500; 2024 AED 68,250; 2025 AED 70,000; 2026 AED 82,000New contract, August 2015: AED 90,000 a yearNew contract, June 2016: AED 82,000 a yearNew contract, July 2017: AED 75,000 a yearNew contract, September 2018: AED 65,000 a yearNew contract, March 2019: AED 58,000 a yearNew contract, June 2020: AED 45,000 a yearNew contract, June 2022: AED 50,000 a yearNew contract, June 2023: AED 65,000 a yearRenewal, June 2024: AED 68,250 a yearNew contract, July 2025: AED 70,000 a yearNew contract, July 2025: AED 70,000 a yearNew contract, April 2026: AED 82,000 a yearNew contract, May 2026: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lincoln Park - Sheffield, and where 509 sits

All 5 2-beds →

509 last sold in June 2009 at AED 960 per sqft, in line with what two-beds in Lincoln Park - Sheffield were fetching at the time (AED 955). Over the last 12 months two-beds sold for AED 1,000,000, around AED 804 per sqft, and rent for AED 80,000 to 100,000 a year. 509's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Nov 20251,000,000
21 Nov 20171,010,000
11 Jun 20141,570,350
6 Apr 20141,593,150
1 2-bed sale 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
505StudioAED 450K · Jan 2025
506StudioAED 435K · Jun 2024
507StudioAED 573K · Oct 2015
1–7 of 33

509, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 15 June 2009 for AED 1,194,000, or AED 960 per sqft.
  • Rented since August 2015 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2020 and recovered to AED 80,000 by May 2026.
  • At AED 80,000 a year the gross yield on the 2009 price is 6.7%, before a service charge of about AED 15,900 a year (AED 12.82 per sqft).
  • Two-beds in Lincoln Park - Sheffield sold for AED 1,000,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 953 per sqft.

Source: Dubai Land Department. Updated 21 May 2026.

Questions about 509, Lincoln Park - Sheffield

What did unit 509 last sell for?

AED 1,194,000 on 15 June 2009, sold by the developer: AED 960 per sqft for 1,244 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 80,000 a year on the contract signed on 21 May 2026. The previous contract, from April 2026, was AED 82,000; the unit has been rented since August 2015.

How big is unit 509?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lincoln Park - Sheffield sold for AED 1,000,000 to 1,000,000 in the last 12 months, around AED 804 per sqft.

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Mortgage on 509, Lincoln Park - Sheffield

Starts from the last sale price (AED 1.19M, 15 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,194,000
Deposit, UAE resident (20%)
AED 238,800
Deposit, non-resident (40%)
AED 477,600
Monthly over 25 years at 3.7%
AED 4,885

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