Studio · 523 sqftLincoln Park - Sheffield, Arjan · 6th floor · completed 2014

618, Lincoln Park - Sheffield

Sold prices and rental history: sold 3 times, last in February 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 16 June 2024
Last soldAED 330K23 February 2020
Current rentAED 35K /yr16 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, Lincoln Park - Sheffield

What is 618 worth today?

Last sold for AED 330,000 in 2020

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16 Jun 2024RentedRenewal
AED 35,420/yr12 months · AED 68 per sqft
16 Jun 2023RentedRenewal
AED 30,800/yr12 months · AED 59 per sqft
16 Jun 2022RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
24 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
12 Sep 2020RentedRenewal
AED 25,000/yr6 months · AED 48 per sqft
23 Feb 2020SoldReady
AED 330,000AED 631 per sqft
12 Jan 2020RentedNew contract
AED 33,000/yr8 months · AED 63 per sqft
12 Sep 2019RentedNew contract
AED 33,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 16 June 2024.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
6th of 6
Parking
P1-63
Developer
DAMAC
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 330K · February 2020

About 618, Lincoln Park - Sheffield

618 is a studio of 523 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 2020 for AED 330,000, or AED 631 per sqft, 6% above the AED 595 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 16 June 2024, is AED 35,420 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 6,700 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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 592,900 (AED 1,134 per sqft)Sold, February 2015: AED 592,900 (AED 1,134 per sqft)Sold, February 2020: AED 330,000 (AED 631 per sqft)

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

Rents
Unit 618, 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, September 2016: AED 49,000 a yearNew contract, November 2016: AED 49,000 a yearNew contract, July 2017: AED 45,000 a yearNew contract, November 2018: AED 37,000 a yearNew contract, September 2019: AED 33,000 a yearNew contract, January 2020: AED 33,000 a yearRenewal, September 2020: AED 25,000 a yearNew contract, March 2021: AED 26,000 a yearNew contract, June 2022: AED 28,000 a yearRenewal, June 2023: AED 30,800 a yearRenewal, June 2024: AED 35,420 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 618 sits

All 130 studios →

618 last sold in February 2020 at AED 631 per sqft, 6% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 595). 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. 618's AED 35,420 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

618, Lincoln Park - Sheffield in numbers

  • Sold 3 times: first on 19 March 2014 for AED 592,900, last on 23 February 2020 for AED 330,000 (AED 631 per sqft).
  • Rented since September 2016 on 11 Ejari contracts. The rent fell from AED 49,000 to AED 25,000 in 2020 and recovered to AED 35,420 by June 2024.
  • At AED 35,420 a year the gross yield on the 2020 price is 10.7%, 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 16 June 2024.

Questions about 618, Lincoln Park - Sheffield

What did unit 618 last sell for?

AED 330,000 on 23 February 2020: AED 631 per sqft for 523 sqft. The unit has 3 registered sales; the first was AED 592,900 in March 2014.

What is the rent for unit 618?

AED 35,420 a year on the contract renewed on 16 June 2024. The previous contract, from June 2023, was AED 30,800; the unit has been rented since September 2016.

How big is unit 618?

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

What is unit 618 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 618, Lincoln Park - Sheffield

Starts from the last sale price (AED 330K, 23 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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