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Studio · 491 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

516, Lincoln Park - Sheffield

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 703K16 February 2015
Current rentAED 38K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Lincoln Park - Sheffield

What is 516 worth today?

Last sold for AED 703,000 in 2015

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18 Oct 2026RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
4 Nov 2025RentedRenewal
AED 38,000/yr12 months · AED 77 per sqft
4 Nov 2024RentedRenewal
AED 38,000/yr12 months · AED 77 per sqft
4 Nov 2023RentedNew contract
AED 37,000/yr12 months · AED 75 per sqft
1 Oct 2022RentedRenewal
AED 27,600/yr12 months · AED 56 per sqft
1 Oct 2021RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
1 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
27 Jun 2017RentedRenewal
AED 49,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
5th of 6
Parking
P1-27
Developer
DAMAC
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 703K · February 2015
Building
Lincoln Park - Sheffield

About 516, Lincoln Park - Sheffield

516 is a studio of 491 sqft on the 5th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 16 February 2015 for AED 703,000, or AED 1,430 per sqft, 27% above the AED 1,122 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 18 October 2026, is AED 38,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 6,300 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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, April 2014: AED 703,000 (AED 1,430 per sqft)Sold, February 2015: AED 703,000 (AED 1,430 per sqft)

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

Rents
Unit 516, each contractTypical studio in Lincoln Park - Sheffield
20K40K2015201920232027Typical 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 2016: AED 49,000 a yearRenewal, June 2017: AED 49,000 a yearNew contract, September 2019: AED 32,000 a yearNew contract, October 2021: AED 24,000 a yearRenewal, October 2022: AED 27,600 a yearNew contract, November 2023: AED 37,000 a yearRenewal, November 2024: AED 38,000 a yearRenewal, November 2025: AED 38,000 a yearNew contract, October 2026: AED 38,000 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 516 sits

All 130 studios →

516 last sold in February 2015 at AED 1,430 per sqft, 27% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,122). 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. 516's AED 38,000 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
505StudioAED 450K · Jan 2025
506StudioAED 435K · Jun 2024
507StudioAED 573K · Oct 2015
1–7 of 33

516, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 6 April 2014 for AED 703,000, last on 16 February 2015 for AED 703,000 (AED 1,430 per sqft).
  • Rented since June 2016 on 9 Ejari contracts. The rent fell from AED 49,000 to AED 24,000 in 2021 and recovered to AED 38,000 by October 2026.
  • At AED 38,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 6,300 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 October 2026.

Questions about 516, Lincoln Park - Sheffield

What did unit 516 last sell for?

AED 703,000 on 16 February 2015: AED 1,430 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 703,000 in April 2014.

What is the rent for unit 516?

AED 38,000 a year on the contract signed on 18 October 2026. The previous contract, from November 2025, was AED 38,000; the unit has been rented since June 2016.

How big is unit 516?

491 sqft (45.6 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 516 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 516, Lincoln Park - Sheffield

Starts from the last sale price (AED 703K, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 703,000
Deposit, UAE resident (20%)
AED 140,600
Deposit, non-resident (40%)
AED 281,200
Monthly over 25 years at 3.7%
AED 2,876

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