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Studio · 499 sqftLincoln Park - Westside, Arjan · 1st floor · completed 2014

123, Lincoln Park - Westside

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

Unit 123 · DLD and Ejari recordsUpdated 25 February 2024
Last soldAED 599K15 July 2014
Current rentAED 40K /yr25 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 123, Lincoln Park - Westside

What is 123 worth today?

Last sold for AED 598,560 in 2014

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25 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 80 per sqft
1 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 60 per sqft
1 Sep 2021RentedNew contract
AED 20,500/yr12 months · AED 41 per sqft
27 May 2020RentedNew contract
AED 25,000/yr12 months · AED 50 per sqft
15 Apr 2019RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
11 Mar 2018RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
1 Oct 2015RentedNew contract
AED 44,418/yr13 months · AED 90 per sqft
15 Jul 2014Sold by developerOff-plan
AED 598,560AED 1,199 per sqft

Source: Dubai Land Department. Updated 25 February 2024.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
1st of 6
Parking
WG-85
Developer
DAMAC
Completed
2014
Service charge
AED 6,000 /yr
Last sold
AED 599K · July 2014
Building
Lincoln Park - Westside

About 123, Lincoln Park - Westside

123 is a studio of 499 sqft on the 1st floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 15 July 2014 for AED 598,560, or AED 1,199 per sqft, in line with the AED 1,200 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 25 February 2024, is AED 40,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 6,000 a year.

Sales and rents for 123 over time

Sales
Unit 123, each saleTypical studio in Lincoln Park - Westside
400K600K2009201420192024Typical sale price by year: 2009 AED 540,000; 2010 AED 438,275; 2014 AED 607,200; 2015 AED 612,580; 2016 AED 490,000; 2017 AED 485,000; 2018 AED 390,000; 2019 AED 327,194; 2021 AED 270,000; 2022 AED 317,500; 2023 AED 390,000; 2024 AED 455,000; 2025 AED 470,000; 2026 AED 535,000Sold by developer, July 2014: AED 598,560 (AED 1,199 per sqft)

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

Rents
Unit 123, each contractTypical studio in Lincoln Park - Westside
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 26,713; 2021 AED 25,000; 2022 AED 29,000; 2023 AED 33,600; 2024 AED 40,000; 2025 AED 42,694; 2026 AED 42,000New contract, October 2015: AED 44,418 a yearNew contract, March 2018: AED 42,000 a yearNew contract, April 2019: AED 35,000 a yearNew contract, May 2020: AED 25,000 a yearNew contract, September 2021: AED 20,500 a yearNew contract, December 2022: AED 30,000 a yearNew contract, February 2024: AED 40,000 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 - Westside, and where 123 sits

All 173 studios →

123 last sold in July 2014 at AED 1,199 per sqft, in line with what studios in Lincoln Park - Westside were fetching at the time (AED 1,200). Over the last 12 months studios sold for AED 450,000 to 954,410, around AED 982 per sqft, and rent for AED 25,000 to 62,000 a year. 123's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026467,500
3 Jul 2026575,000
11 Jun 2026450,000
11 Jun 2026630,000
12 studio sales in the last 12 months

Lincoln Park - Westside

Building

227 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 15 sold in the last 12 months.

Typical price per sqft
AED 957 Up 9.3%
Typical sale
AED 540K
Typical rent
AED 44K /yr
Typical yield
8.1%
Lincoln Park - Westside, Arjan: prices, sales and rents →

Other units on the 1st floor

All 227 units in Lincoln Park - Westside
Value
1011-bedAED 841K · May 2015
102StudioAED 586K · Oct 2015
103StudioAED 495K · Dec 2025
104StudioAED 596K · Oct 2015
105StudioAED 450K · Jan 2025
106StudioAED 385K · Apr 2018
107StudioAED 652K · Jun 2014
1–7 of 37

123, Lincoln Park - Westside in numbers

  • Sold once: by DAMAC on 15 July 2014 for AED 598,560, or AED 1,199 per sqft.
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 44,418 to AED 20,500 in 2021 and recovered to AED 40,000 by February 2024.
  • At AED 40,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 6,000 a year (AED 12.12 per sqft).
  • Studios in Lincoln Park - Westside sold for AED 450,000–954,410 in the 12 months to November 2026; the building's median across all types is AED 957 per sqft.

Source: Dubai Land Department. Updated 25 February 2024.

Questions about 123, Lincoln Park - Westside

What did unit 123 last sell for?

AED 598,560 on 15 July 2014, sold by the developer: AED 1,199 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 123?

AED 40,000 a year on the contract signed on 25 February 2024. The previous contract, from December 2022, was AED 30,000; the unit has been rented since October 2015.

How big is unit 123?

499 sqft (46.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2014.

What is unit 123 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Westside sold for AED 450,000 to 954,410 in the last 12 months, around AED 982 per sqft.

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Mortgage on 123, Lincoln Park - Westside

Starts from the last sale price (AED 599K, 15 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 598,560
Deposit, UAE resident (20%)
AED 119,712
Deposit, non-resident (40%)
AED 239,424
Monthly over 25 years at 3.7%
AED 2,449

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