Studio · 535 sqftLincoln Park - Westside, Arjan · 5th floor · completed 2014

516, Lincoln Park - Westside

Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 500K19 November 2018
Current rentAED 48K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Lincoln Park - Westside

What is 516 worth today?

Last sold for AED 500,000 in 2018

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15 Jan 2026RentedRenewal
AED 48,000/yr12 months · AED 89 per sqft
13 Jan 2025RentedRenewal
AED 45,000/yr12 months · AED 84 per sqft
13 Jan 2024RentedNew contract
AED 45,000/yr12 months · AED 84 per sqft
2 Jan 2023RentedRenewal
AED 33,600/yr12 months · AED 62 per sqft
2 Jan 2022RentedRenewal
AED 30,000/yr12 months · AED 56 per sqft
2 Jul 2019RentedNew contract
AED 35,000/yr12 months · AED 65 per sqft
19 Nov 2018SoldReady
AED 500,000AED 934 per sqft
7 Oct 2018RentedNew contract
AED 35,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
Studio apartment
Size
535 sqft
Floor
5th of 6
Parking
WB1-125
Developer
DAMAC
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 500K · November 2018

About 516, Lincoln Park - Westside

516 is a studio of 535 sqft on the 5th floor of Lincoln Park - Westside, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 19 November 2018 for AED 500,000, or AED 934 per sqft, 16% above the AED 805 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 48,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 6,500 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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, October 2015: AED 534,971 (AED 1,000 per sqft)Sold, November 2018: AED 500,000 (AED 934 per sqft)

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

Rents
Unit 516, 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 2016: AED 49,000 a yearNew contract, May 2018: AED 54,000 a yearNew contract, October 2018: AED 35,000 a yearNew contract, July 2019: AED 35,000 a yearRenewal, January 2022: AED 30,000 a yearRenewal, January 2023: AED 33,600 a yearNew contract, January 2024: AED 45,000 a yearRenewal, January 2025: AED 45,000 a yearRenewal, January 2026: AED 48,000 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 516 sits

All 173 studios →

516 last sold in November 2018 at AED 934 per sqft, 16% above what studios in Lincoln Park - Westside were fetching at the time (AED 805). 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. 516's AED 48,000 is in the upper 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
503StudioAED 310K · Nov 2019
504StudioAED 575K · Oct 2015
505StudioAED 380K · Feb 2018
506StudioAED 500K · Jun 2016
507StudioAED 450K · Jan 2025
1–7 of 37

516, Lincoln Park - Westside in numbers

  • Sold twice: first on 26 October 2015 for AED 534,971, last on 19 November 2018 for AED 500,000 (AED 934 per sqft).
  • Rented since October 2016 on 9 Ejari contracts. The rent fell from AED 49,000 to AED 30,000 in 2022 and recovered to AED 48,000 by January 2026.
  • At AED 48,000 a year the gross yield on the 2018 price is 9.6%, 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 15 January 2026.

Questions about 516, Lincoln Park - Westside

What did unit 516 last sell for?

AED 500,000 on 19 November 2018: AED 934 per sqft for 535 sqft. The unit has 2 registered sales; the first was AED 534,971 in October 2015.

What is the rent for unit 516?

AED 48,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 45,000; the unit has been rented since October 2016.

How big is unit 516?

535 sqft (49.7 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 516 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 516, Lincoln Park - Westside

Starts from the last sale price (AED 500K, 19 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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