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

531, Lincoln Park - Sheffield

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 531 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 270K12 December 2022
Current rentAED 39K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 531, Lincoln Park - Sheffield

What is 531 worth today?

Last sold for AED 270,000 in 2022

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1 Oct 2026RentedNew contract
AED 39,000/yr12 months · AED 79 per sqft
15 Mar 2025RentedNew contract
AED 39,261/yr12 months · AED 79 per sqft
12 Dec 2022SoldReady
AED 270,000AED 544 per sqft
23 Nov 2021SoldReady
AED 290,000AED 584 per sqft
1 Oct 2018RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
10 Apr 2016RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
1 Mar 2015RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
13 Jul 2014Sold by developerOff-plan
AED 556,600AED 1,122 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
5th of 6
Parking
P1-42
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 270K · December 2022
Building
Lincoln Park - Sheffield

About 531, Lincoln Park - Sheffield

531 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 12 December 2022 for AED 270,000, or AED 544 per sqft, 4% below the AED 565 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 October 2026, is AED 39,000 a year: a gross yield of 14.4% on the 2022 price, before the service charge of about AED 6,400 a year.

Sales and rents for 531 over time

Sales
Unit 531, 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, July 2014: AED 556,600 (AED 1,122 per sqft)Sold, November 2021: AED 290,000 (AED 584 per sqft)Sold, December 2022: AED 270,000 (AED 544 per sqft)

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

Rents
Unit 531, each contractTypical studio in Lincoln Park - Sheffield
20K40K60K2015201920232027Typical 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, March 2015: AED 55,000 a yearNew contract, April 2016: AED 50,000 a yearNew contract, October 2018: AED 38,000 a yearNew contract, March 2025: AED 39,261 a yearNew contract, October 2026: AED 39,000 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 531 sits

All 130 studios →

531 last sold in December 2022 at AED 544 per sqft, 4% below what studios in Lincoln Park - Sheffield were fetching at the time (AED 565). 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. 531's AED 39,000 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

531, Lincoln Park - Sheffield in numbers

  • Sold 3 times: first on 13 July 2014 for AED 556,600, last on 12 December 2022 for AED 270,000 (AED 544 per sqft).
  • Rented since March 2015 on 5 Ejari contracts, from AED 55,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2022 price is 14.4%, 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 October 2026.

Questions about 531, Lincoln Park - Sheffield

What did unit 531 last sell for?

AED 270,000 on 12 December 2022: AED 544 per sqft for 496 sqft. The unit has 3 registered sales; the first was AED 556,600 in July 2014.

What is the rent for unit 531?

AED 39,000 a year on the contract signed on 1 October 2026. The previous contract, from March 2025, was AED 39,261; the unit has been rented since March 2015.

How big is unit 531?

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

What is unit 531 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 531, Lincoln Park - Sheffield

Starts from the last sale price (AED 270K, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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