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Studio · 491 sqftLincoln Park - Sheffield, Arjan · 6th floor · completed 2014

616, Lincoln Park - Sheffield

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

Unit 616 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 590K14 April 2014
Current rentAED 43K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616, Lincoln Park - Sheffield

What is 616 worth today?

Last sold for AED 590,040 in 2014

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1 Dec 2025RentedRenewal
AED 43,000/yr12 months · AED 89 per sqft
1 Dec 2025RentedRenewal
AED 43,000/yr12 months · AED 87 per sqft
1 Dec 2025RentedRenewal
AED 43,000/yr12 months · AED 87 per sqft
1 Dec 2024RentedNew contract
AED 43,000/yr12 months · AED 87 per sqft
5 Nov 2022RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
20 Sep 2021RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
15 Sep 2020RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
15 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
6th of 6
Parking
P1-61
Developer
DAMAC
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 590K · April 2014
Building
Lincoln Park - Sheffield

About 616, Lincoln Park - Sheffield

616 is a studio of 491 sqft on the 6th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 14 April 2014 for AED 590,040, or AED 1,200 per sqft, 7% above the AED 1,123 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 43,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 6,300 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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 590,040 (AED 1,200 per sqft)

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

Rents
Unit 616, 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, March 2015: AED 55,000 a yearNew contract, July 2017: AED 43,000 a yearRenewal, July 2018: AED 43,000 a yearNew contract, September 2019: AED 30,000 a yearRenewal, September 2020: AED 28,000 a yearNew contract, September 2021: AED 23,000 a yearNew contract, November 2022: AED 28,000 a yearNew contract, December 2024: AED 43,000 a yearRenewal, December 2025: AED 43,000 a yearRenewal, December 2025: AED 43,000 a yearRenewal, December 2025: AED 43,000 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 616 sits

All 130 studios →

616 last sold in April 2014 at AED 1,200 per sqft, 7% 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. 616's AED 43,000 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
602StudioAED 350K · Feb 2023
603StudioAED 250K · Mar 2022
604StudioAED 385K · Mar 2023
605StudioAED 477K · Feb 2015
606StudioAED 477K · Feb 2015
607StudioAED 450K · Feb 2026
1–7 of 33

616, Lincoln Park - Sheffield in numbers

  • Sold once: by DAMAC on 14 April 2014 for AED 590,040, or AED 1,200 per sqft.
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 23,000 in 2021 and recovered to AED 43,000 by December 2025.
  • At AED 43,000 a year the gross yield on the 2014 price is 7.3%, 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 1 December 2025.

Questions about 616, Lincoln Park - Sheffield

What did unit 616 last sell for?

AED 590,040 on 14 April 2014, sold by the developer: AED 1,200 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 43,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 43,000; the unit has been rented since March 2015.

How big is unit 616?

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

What is unit 616 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 616, Lincoln Park - Sheffield

Starts from the last sale price (AED 590K, 14 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 590,040
Deposit, UAE resident (20%)
AED 118,008
Deposit, non-resident (40%)
AED 236,016
Monthly over 25 years at 3.7%
AED 2,414

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