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Studio · 476 sqftLincoln Park - Westside, Arjan · 4th floor · completed 2014

407, Lincoln Park - Westside

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 425K9 August 2024
Current rentAED 25K /yr2 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Lincoln Park - Westside

What is 407 worth today?

Last sold for AED 425,000 in 2024

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9 Aug 2024SoldReady
AED 425,000AED 892 per sqft
2 Sep 2023RentedRenewal
AED 25,000/yr12 months · AED 53 per sqft
2 Sep 2022RentedRenewal
AED 25,000/yr12 months · AED 53 per sqft
2 Sep 2021RentedRenewal
AED 25,000/yr12 months · AED 53 per sqft
1 Sep 2020RentedRenewal
AED 26,925/yr12 months · AED 57 per sqft
1 Sep 2019RentedRenewal
AED 33,000/yr12 months · AED 70 per sqft
1 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
7 May 2017RentedNew contract
AED 38,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 9 August 2024.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
4th of 6
Parking
WB1-78
Developer
DAMAC
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 425K · August 2024
Building
Lincoln Park - Westside

About 407, Lincoln Park - Westside

407 is a studio of 476 sqft on the 4th floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 9 August 2024 for AED 425,000, or AED 892 per sqft, 15% above the AED 778 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 2 September 2023, is AED 25,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 5,800 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, May 2015: AED 618,774 (AED 1,299 per sqft)Sold, August 2024: AED 425,000 (AED 892 per sqft)

407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in Lincoln Park - Westside
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 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, March 2016: AED 55,000 a yearNew contract, May 2017: AED 38,000 a yearNew contract, September 2018: AED 36,000 a yearRenewal, September 2019: AED 33,000 a yearRenewal, September 2020: AED 26,925 a yearRenewal, September 2021: AED 25,000 a yearRenewal, September 2022: AED 25,000 a yearRenewal, September 2023: AED 25,000 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 407 sits

All 173 studios →

407 last sold in August 2024 at AED 892 per sqft, 15% above what studios in Lincoln Park - Westside were fetching at the time (AED 778). 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. 407's AED 25,000 is at the bottom 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 4th floor

All 227 units in Lincoln Park - Westside
Value
4011-bedAED 670K · Aug 2024
402StudioAED 600K · Apr 2026
403StudioAED 327K · Feb 2019
404StudioAED 468K · Oct 2026
405StudioAED 315K · Oct 2022
406StudioAED 650K · Jan 2010
408StudioAED 300K · Jul 2019
1–7 of 37

407, Lincoln Park - Westside in numbers

  • Sold twice: first on 26 May 2015 for AED 618,774, last on 9 August 2024 for AED 425,000 (AED 892 per sqft).
  • Rented since March 2016 on 8 Ejari contracts, from AED 55,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 5,800 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 9 August 2024.

Questions about 407, Lincoln Park - Westside

What did unit 407 last sell for?

AED 425,000 on 9 August 2024: AED 892 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 618,774 in May 2015.

What is the rent for unit 407?

AED 25,000 a year on the contract renewed on 2 September 2023. The previous contract, from September 2022, was AED 25,000; the unit has been rented since March 2016.

How big is unit 407?

476 sqft (44.2 sqm): a studio on the 4th floor of a 6-storey tower completed in 2014.

What is unit 407 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 407, Lincoln Park - Westside

Starts from the last sale price (AED 425K, 9 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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