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Studio · 546 sqftLincoln Park - Westside, Arjan · 5th floor · completed 2014

503, Lincoln Park - Westside

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

Unit 503 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 310K10 November 2019
Current rentAED 38K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Lincoln Park - Westside

What is 503 worth today?

Last sold for AED 310,000 in 2019

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1 Mar 2024RentedRenewal
AED 37,500/yr12 months · AED 69 per sqft
1 Mar 2023RentedNew contract
AED 35,000/yr12 months · AED 64 per sqft
17 Feb 2022RentedRenewal
AED 29,000/yr12 months · AED 53 per sqft
17 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 46 per sqft
10 Nov 2019SoldReady
AED 310,000AED 568 per sqft
15 Jun 2018RentedNew contract
AED 40,000/yr12 months · AED 73 per sqft
5 Oct 2015RentedNew contract
AED 52,000/yr12 months · AED 95 per sqft
11 Jun 2014Sold by developerOff-plan
AED 654,624AED 1,200 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
5th of 6
Parking
WB1-112
Developer
DAMAC
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 310K · November 2019
Building
Lincoln Park - Westside

About 503, Lincoln Park - Westside

503 is a studio of 546 sqft on the 5th floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 10 November 2019 for AED 310,000, or AED 568 per sqft, 6% below the AED 602 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 37,500 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 6,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, June 2014: AED 654,624 (AED 1,200 per sqft)Sold, November 2019: AED 310,000 (AED 568 per sqft)

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

Rents
Unit 503, each contractTypical studio in Lincoln Park - Westside
40K20152018202120242027Typical 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 52,000 a yearNew contract, June 2018: AED 40,000 a yearNew contract, February 2021: AED 25,000 a yearRenewal, February 2022: AED 29,000 a yearNew contract, March 2023: AED 35,000 a yearRenewal, March 2024: AED 37,500 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 503 sits

All 173 studios →

503 last sold in November 2019 at AED 568 per sqft, 6% below what studios in Lincoln Park - Westside were fetching at the time (AED 602). 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. 503's AED 37,500 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 5th floor

All 227 units in Lincoln Park - Westside
Value
5011-bedAED 615K · Aug 2024
502StudioAED 410K · May 2023
504StudioAED 575K · Oct 2015
505StudioAED 380K · Feb 2018
506StudioAED 500K · Jun 2016
507StudioAED 450K · Jan 2025
508StudioAED 470K · Jul 2025
1–7 of 37

503, Lincoln Park - Westside in numbers

  • Sold twice: first on 11 June 2014 for AED 654,624, last on 10 November 2019 for AED 310,000 (AED 568 per sqft).
  • Rented since October 2015 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 25,000 in 2021 and recovered to AED 37,500 by March 2024.
  • At AED 37,500 a year the gross yield on the 2019 price is 12.1%, before a service charge of about AED 6,600 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 1 March 2024.

Questions about 503, Lincoln Park - Westside

What did unit 503 last sell for?

AED 310,000 on 10 November 2019: AED 568 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 654,624 in June 2014.

What is the rent for unit 503?

AED 37,500 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 35,000; the unit has been rented since October 2015.

How big is unit 503?

546 sqft (50.7 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 503 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 503, Lincoln Park - Westside

Starts from the last sale price (AED 310K, 10 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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