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Studio · 495 sqftLincoln Park - Sheffield, Arjan · 6th floor · completed 2014

602, Lincoln Park - Sheffield

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 350K23 February 2023
Current rentAED 50K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Lincoln Park - Sheffield

What is 602 worth today?

Last sold for AED 350,000 in 2023

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15 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
29 Jul 2025RentedRenewal
AED 54,000/yr12 months · AED 109 per sqft
29 Jul 2024RentedNew contract
AED 54,000/yr12 months · AED 109 per sqft
3 Jun 2023RentedNew contract
AED 52,000/yr12 months · AED 105 per sqft
23 Feb 2023SoldReady
AED 350,000AED 706 per sqft
10 Oct 2021RentedRenewal
AED 24,000/yr12 months · AED 48 per sqft
10 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
6 Apr 2019RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
6th of 6
Parking
P1-47
Developer
DAMAC
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 350K · February 2023
Building
Lincoln Park - Sheffield

About 602, Lincoln Park - Sheffield

602 is a studio of 495 sqft on the 6th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 23 February 2023 for AED 350,000, or AED 706 per sqft, 21% above the AED 585 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 15 September 2026, is AED 50,000 a year: a gross yield of 14.3% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 2009: AED 525,000 (AED 1,060 per sqft)Sold, February 2015: AED 525,000 (AED 1,060 per sqft)Sold, February 2023: AED 350,000 (AED 706 per sqft)

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

Rents
Unit 602, 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, April 2017: AED 45,000 a yearRenewal, April 2018: AED 45,000 a yearRenewal, April 2019: AED 45,000 a yearNew contract, October 2020: AED 24,000 a yearRenewal, October 2021: AED 24,000 a yearNew contract, June 2023: AED 52,000 a yearNew contract, July 2024: AED 54,000 a yearRenewal, July 2025: AED 54,000 a yearNew contract, September 2026: AED 50,000 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 602 sits

All 130 studios →

602 last sold in February 2023 at AED 706 per sqft, 21% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 585). 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. 602's AED 50,000 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 6th floor

All 170 units in Lincoln Park - Sheffield
Value
601StudioAED 639K · Oct 2015
603StudioAED 250K · Mar 2022
604StudioAED 385K · Mar 2023
605StudioAED 477K · Feb 2015
606StudioAED 477K · Feb 2015
607StudioAED 450K · Feb 2026
6081-bedAED 805K · Jun 2009
1–7 of 33

602, Lincoln Park - Sheffield in numbers

  • Sold 3 times: first on 8 July 2009 for AED 525,000, last on 23 February 2023 for AED 350,000 (AED 706 per sqft).
  • Rented since April 2017 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2021 and recovered to AED 50,000 by September 2026.
  • At AED 50,000 a year the gross yield on the 2023 price is 14.3%, 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 15 September 2026.

Questions about 602, Lincoln Park - Sheffield

What did unit 602 last sell for?

AED 350,000 on 23 February 2023: AED 706 per sqft for 495 sqft. The unit has 3 registered sales; the first was AED 525,000 in July 2009.

What is the rent for unit 602?

AED 50,000 a year on the contract signed on 15 September 2026. The previous contract, from July 2025, was AED 54,000; the unit has been rented since April 2017.

How big is unit 602?

495 sqft (46.0 sqm): a studio on the 6th floor of a 6-storey tower completed in 2014.

What is unit 602 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 602, Lincoln Park - Sheffield

Starts from the last sale price (AED 350K, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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