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Studio · 534 sqftLincoln Park - Westside, Arjan · 2nd floor · completed 2014

232, Lincoln Park - Westside

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 588K25 August 2015
Current rentAED 37K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 232, Lincoln Park - Westside

What is 232 worth today?

Last sold for AED 587,752 in 2015

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10 Mar 2025RentedNew contract
AED 37,400/yr12 months · AED 70 per sqft
10 Mar 2024RentedRenewal
AED 37,400/yr12 months · AED 69 per sqft
10 Mar 2023RentedNew contract
AED 34,000/yr12 months · AED 63 per sqft
3 Mar 2022RentedRenewal
AED 25,000/yr12 months · AED 46 per sqft
3 Mar 2021RentedNew contract
AED 23,000/yr12 months · AED 43 per sqft
3 Mar 2020RentedNew contract
AED 32,500/yr12 months · AED 61 per sqft
6 Jan 2019RentedNew contract
AED 36,000/yr12 months · AED 67 per sqft
25 Aug 2015Sold by developerReady
AED 587,752AED 1,099 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
2nd of 6
Parking
WB1-27
Developer
DAMAC
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 588K · August 2015
Building
Lincoln Park - Westside

About 232, Lincoln Park - Westside

232 is a studio of 534 sqft on the 2nd floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. The developer sold it on 25 August 2015 for AED 587,752, or AED 1,099 per sqft, 8% below the AED 1,199 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 10 March 2025, is AED 37,400 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 6,500 a year.

Sales and rents for 232 over time

Sales
Unit 232, 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, August 2015: AED 587,752 (AED 1,099 per sqft)

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

Rents
Unit 232, 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, January 2019: AED 36,000 a yearNew contract, March 2020: AED 32,500 a yearNew contract, March 2021: AED 23,000 a yearRenewal, March 2022: AED 25,000 a yearNew contract, March 2023: AED 34,000 a yearRenewal, March 2024: AED 37,400 a yearNew contract, March 2025: AED 37,400 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 232 sits

All 173 studios →

232 last sold in August 2015 at AED 1,099 per sqft, 8% below what studios in Lincoln Park - Westside were fetching at the time (AED 1,199). 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. 232's AED 37,400 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 2nd floor

All 227 units in Lincoln Park - Westside
Value
2011-bedAED 700K · Mar 2026
202StudioAED 586K · Oct 2015
203StudioAED 315K · Oct 2022
204StudioAED 475K · Oct 2016
205StudioAED 613K · Aug 2014
206StudioAED 330K · Apr 2023
207StudioAED 576K · Apr 2014
1–7 of 37

232, Lincoln Park - Westside in numbers

  • Sold once: by DAMAC on 25 August 2015 for AED 587,752, or AED 1,099 per sqft.
  • Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 23,000 in 2021 and recovered to AED 37,400 by March 2025.
  • At AED 37,400 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 6,500 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 10 March 2025.

Questions about 232, Lincoln Park - Westside

What did unit 232 last sell for?

AED 587,752 on 25 August 2015, sold by the developer: AED 1,099 per sqft for 534 sqft. It is the only registered sale of the unit.

What is the rent for unit 232?

AED 37,400 a year on the contract signed on 10 March 2025. The previous contract, from March 2024, was AED 37,400; the unit has been rented since January 2019.

How big is unit 232?

534 sqft (49.6 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2014.

What is unit 232 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 232, Lincoln Park - Westside

Starts from the last sale price (AED 588K, 25 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 587,752
Deposit, UAE resident (20%)
AED 117,550
Deposit, non-resident (40%)
AED 235,101
Monthly over 25 years at 3.7%
AED 2,405

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