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Studio · 523 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

518, Lincoln Park - Sheffield

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

Unit 518 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 587K29 January 2015
Current rentAED 45K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, Lincoln Park - Sheffield

What is 518 worth today?

Last sold for AED 587,400 in 2015

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20 Mar 2026RentedRenewal
AED 45,000/yr12 months · AED 86 per sqft
20 Mar 2025RentedNew contract
AED 45,000/yr12 months · AED 86 per sqft
20 Mar 2025RentedNew contract
AED 45,000/yr12 months · AED 86 per sqft
15 Mar 2023RentedNew contract
AED 33,000/yr12 months · AED 63 per sqft
22 Mar 2021RentedNew contract
AED 25,000/yr12 months · AED 47 per sqft
12 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft
8 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 68 per sqft
1 Mar 2018RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
5th of 6
Parking
P1-29
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 587K · January 2015
Building
Lincoln Park - Sheffield

About 518, Lincoln Park - Sheffield

518 is a studio of 523 sqft on the 5th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 29 January 2015 for AED 587,400, or AED 1,123 per sqft, in line with the AED 1,122 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 45,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 6,700 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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, May 2014: AED 587,400 (AED 1,123 per sqft)Sold, January 2015: AED 587,400 (AED 1,123 per sqft)

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

Rents
Unit 518, 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, February 2015: AED 50,000 a yearNew contract, February 2017: AED 47,000 a yearNew contract, March 2018: AED 40,000 a yearNew contract, October 2019: AED 36,000 a yearNew contract, March 2020: AED 30,000 a yearNew contract, March 2021: AED 25,000 a yearNew contract, March 2023: AED 33,000 a yearNew contract, March 2025: AED 45,000 a yearNew contract, March 2025: AED 45,000 a yearRenewal, March 2026: AED 45,000 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 518 sits

All 130 studios →

518 last sold in January 2015 at AED 1,123 per sqft, in line with 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. 518's AED 45,000 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

518, Lincoln Park - Sheffield in numbers

  • Sold twice: first on 20 May 2014 for AED 587,400, last on 29 January 2015 for AED 587,400 (AED 1,123 per sqft).
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 25,000 in 2021 and recovered to AED 45,000 by March 2026.
  • At AED 45,000 a year the gross yield on the 2015 price is 7.7%, 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 20 March 2026.

Questions about 518, Lincoln Park - Sheffield

What did unit 518 last sell for?

AED 587,400 on 29 January 2015: AED 1,123 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 587,400 in May 2014.

What is the rent for unit 518?

AED 45,000 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 45,000; the unit has been rented since February 2015.

How big is unit 518?

523 sqft (48.6 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 518 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 518, Lincoln Park - Sheffield

Starts from the last sale price (AED 587K, 29 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 587,400
Deposit, UAE resident (20%)
AED 117,480
Deposit, non-resident (40%)
AED 234,960
Monthly over 25 years at 3.7%
AED 2,403

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