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1-bed · 859 sqftLincoln Park - Westside, Arjan · 5th floor · completed 2014

501, Lincoln Park - Westside

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 615K28 August 2024
Current rentAED 36K /yr25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Lincoln Park - Westside

What is 501 worth today?

Last sold for AED 615,000 in 2024

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28 Aug 2024SoldReady
AED 615,000AED 716 per sqft
25 Apr 2023RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
25 Apr 2022RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
25 Apr 2021RentedNew contract
AED 29,000/yr12 months · AED 34 per sqft
25 Apr 2020RentedRenewal
AED 34,000/yr12 months · AED 39 per sqft
25 Apr 2019RentedRenewal
AED 38,000/yr12 months · AED 44 per sqft
25 Apr 2018RentedRenewal
AED 43,000/yr12 months · AED 50 per sqft
25 Apr 2017RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
5th of 6
Parking
WB1-110
Developer
DAMAC
Completed
2014
Service charge
AED 10,400 /yr
Last sold
AED 615K · August 2024
Building
Lincoln Park - Westside

About 501, Lincoln Park - Westside

501 is a one-bedroom apartment of 859 sqft on the 5th floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 28 August 2024 for AED 615,000, or AED 716 per sqft, 4% below the AED 745 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 25 April 2023, is AED 36,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 10,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Lincoln Park - Westside
500K750K1M2009201420192024Typical sale price by year: 2009 AED 870,000; 2014 AED 938,664; 2015 AED 847,130; 2017 AED 596,000; 2019 AED 510,000; 2023 AED 535,892; 2024 AED 625,808; 2025 AED 740,000Sold by developer, July 2009: AED 1,019,000 (AED 1,186 per sqft)Sold, August 2024: AED 615,000 (AED 716 per sqft)

501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Lincoln Park - Westside
40K60K20152018202120242027Typical rent by year: 2015 AED 66,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 35,500; 2021 AED 34,000; 2022 AED 38,450; 2023 AED 44,000; 2024 AED 53,000; 2025 AED 58,000; 2026 AED 57,000New contract, April 2017: AED 48,000 a yearRenewal, April 2018: AED 43,000 a yearRenewal, April 2019: AED 38,000 a yearRenewal, April 2020: AED 34,000 a yearNew contract, April 2021: AED 29,000 a yearRenewal, April 2022: AED 36,000 a yearRenewal, April 2023: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lincoln Park - Westside, and where 501 sits

All 42 1-beds →

501 last sold in August 2024 at AED 716 per sqft, 4% below what one-beds in Lincoln Park - Westside were fetching at the time (AED 745). Over the last 12 months one-beds sold for AED 670,000 to 700,000, around AED 943 per sqft, and rent for AED 35,000 to 74,000 a year. 501's AED 36,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 2026670,000
31 Mar 2026700,000
10 Jul 2025815,000
26 Feb 2025670,000
2 1-bed 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 5th floor

All 227 units in Lincoln Park - Westside
Value
502StudioAED 410K · May 2023
503StudioAED 310K · Nov 2019
504StudioAED 575K · Oct 2015
505StudioAED 380K · Feb 2018
506StudioAED 500K · Jun 2016
507StudioAED 450K · Jan 2025
508StudioAED 470K · Jul 2025
1–7 of 37

501, Lincoln Park - Westside in numbers

  • Sold twice: first on 8 July 2009 for AED 1,019,000, last on 28 August 2024 for AED 615,000 (AED 716 per sqft).
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 29,000 in 2021 and recovered to AED 36,000 by April 2023.
  • At AED 36,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 10,400 a year (AED 12.12 per sqft).
  • One-beds in Lincoln Park - Westside sold for AED 670,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 957 per sqft.

Source: Dubai Land Department. Updated 28 August 2024.

Questions about 501, Lincoln Park - Westside

What did unit 501 last sell for?

AED 615,000 on 28 August 2024: AED 716 per sqft for 859 sqft. The unit has 2 registered sales; the first was AED 1,019,000 in July 2009.

What is the rent for unit 501?

AED 36,000 a year on the contract renewed on 25 April 2023. The previous contract, from April 2022, was AED 36,000; the unit has been rented since April 2017.

How big is unit 501?

859 sqft (79.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lincoln Park - Westside sold for AED 670,000 to 700,000 in the last 12 months, around AED 943 per sqft.

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Mortgage on 501, Lincoln Park - Westside

Starts from the last sale price (AED 615K, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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