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

533, Lincoln Park - Sheffield

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 533 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 607K27 March 2014
Current rentAED 36K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 533, Lincoln Park - Sheffield

What is 533 worth today?

Last sold for AED 607,200 in 2014

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1 Jun 2023RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
5 Mar 2022RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
9 Jul 2021RentedRenewal
AED 24,000/yr12 months · AED 48 per sqft
9 Jul 2020RentedNew contract
AED 27,000/yr12 months · AED 54 per sqft
9 Jul 2019RentedNew contract
AED 34,000/yr12 months · AED 69 per sqft
20 May 2016RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft
8 Apr 2015RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
27 Mar 2014Sold by developerOff-plan
AED 607,200AED 1,224 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
Studio apartment
Size
496 sqft
Floor
5th of 6
Parking
P1-44
Developer
DAMAC
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 607K · March 2014

About 533, Lincoln Park - Sheffield

533 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. The developer sold it on 27 March 2014 for AED 607,200, or AED 1,224 per sqft, 9% above the AED 1,123 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 June 2023, is AED 36,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 6,400 a year.

Sales and rents for 533 over time

Sales
Unit 533, 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, March 2014: AED 607,200 (AED 1,224 per sqft)

533 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 533, each contractTypical studio in Lincoln Park - Sheffield
20K40K60K20152018202120242027Typical 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, April 2015: AED 55,000 a yearNew contract, May 2016: AED 48,000 a yearNew contract, July 2019: AED 34,000 a yearNew contract, July 2020: AED 27,000 a yearRenewal, July 2021: AED 24,000 a yearNew contract, March 2022: AED 24,000 a yearNew contract, June 2023: AED 36,000 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 533 sits

All 130 studios →

533 last sold in March 2014 at AED 1,224 per sqft, 9% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 1,123). 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. 533's AED 36,000 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

533, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 27 March 2014 for AED 607,200, or AED 1,224 per sqft.
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 24,000 in 2022 and recovered to AED 36,000 by June 2023.
  • At AED 36,000 a year the gross yield on the 2014 price is 5.9%, 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 June 2023.

Questions about 533, Lincoln Park - Sheffield

What did unit 533 last sell for?

AED 607,200 on 27 March 2014, sold by the developer: AED 1,224 per sqft for 496 sqft. It is the only registered sale of the unit.

What is the rent for unit 533?

AED 36,000 a year on the contract signed on 1 June 2023. The previous contract, from March 2022, was AED 24,000; the unit has been rented since April 2015.

How big is unit 533?

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

What is unit 533 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 533, Lincoln Park - Sheffield

Starts from the last sale price (AED 607K, 27 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 607,200
Deposit, UAE resident (20%)
AED 121,440
Deposit, non-resident (40%)
AED 242,880
Monthly over 25 years at 3.7%
AED 2,484

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