Lincoln Star Residence 2 Dubai South

Lincoln Star Residence 2, also written Lincoln Star Residence II, is the second building from the Lincoln Star group in Dubai South's Residential District, near Al Maktoum International Airport. It is sold by Lincoln Rise Real Estate Development, and propsearch describes a five-storey block of about 56 homes: studios, one and two-bedroom apartments and three-bedroom duplexes, from about 37 sq m to nearly 200 sq m.

The source listing prints no price. Units launched from AED 486,000 (about Rs 1.25 crore), on a plan of 20% on booking, 20% during construction, 10% at handover and 50% after handover. Handover is estimated for Q3 2027. The first Lincoln Star Residence, a separate 48-home building, is due in Q3 2026; this page covers the second.

At a glance

Price and unit pricing

We print AED 486,000 because it is the only starting figure a research source gives for this building, and propsearch states it plainly as the launch price. The smallest units are about 37 sq m on the launch coverage (about 398 sq ft), and one broker page starts the size range at 441 sq ft, which gives the per-foot range above.

The two phase 1 rows are portal prices for the first Lincoln Star Residence and are here for comparison only; they show that the same group asked more per foot for its first building. The AED 2.6 M duplex figure comes from a single broker page. No source prints a full unit-by-unit list for Residence 2, so we do not guess one- and two-bedroom prices. Ask the developer for the current list and compare it with DLD sales in phase 1 once those units register.

Against Dubai South

Other Dubai South launches on our site start at Coventry 66 from about AED 525,000 and Samana South Haven from about AED 599,000. Lincoln Star Residence 2's AED 486,000 entry is below both, from a far smaller developer, in a building of only 56 homes rather than a larger tower.

Payment plan and total cost

The launch plan is 20/20/10/50: 20% on booking, 20% during construction, 10% at handover and 50% after handover. That is a post-handover plan, not a standard 60/40: you pay only half before you get the keys. Phase 1 was sold on a similar 20/18/10/52 split, with the post-handover share at about 1% a month, but the sources checked do not print the post-handover period for Residence 2.

Worked example: a AED 486,000 studio

A broker adds 2% plus VAT, about AED 10,200. If the post-handover share runs at 1% a month, as in phase 1, the AED 243,000 would be about AED 4,860 a month for 50 months, which is more than a studio's likely rent. Plan to cover the gap from your own money.

Service charge. Not published for this building. Dubai-wide guides put apartment service charges at about AED 10 to 25 per sq ft a year, about AED 4,400 to 11,000 on a 441 sq ft studio. A rooftop pool and wellness rooms in a 56-home building are shared by few owners, so expect the upper half.

Location and connectivity

Dubai South is the government-backed city built around Al Maktoum International Airport (DWC), and the Residential District is its main housing area. Expo City Dubai is a short drive, and Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311) connect it to the rest of the city. Dubai Investments Park and Jebel Ali Free Zone, two large employment hubs, are close, and Dubai Marina is typically 30 to 35 minutes away by car.

The nearest Dubai Metro stop is the Route 2020 Expo 2020 station, a drive rather than a walk from the Residential District. Most residents drive. The district is still filling in: schools, shops and parks are opening block by block, and there will be construction around the building for years.

The tenant base is the airport, logistics and aviation workforce, which is why studios and one-bedrooms let well here. The bigger airport expansion at DWC is the long-term case for the area; it is also a long-term case, so do not buy on the assumption that it arrives by 2027. For other options, see all Dubai projects we track and the full projects list.

Amenities and specifications

The launch coverage lists a rooftop swimming pool, jacuzzis, a gym, yoga and jogging areas, a halotherapy room (a salt room), BBQ zones, event spaces, landscaped walks and a kitchen garden. The developer also describes buggy-friendly paths, children's play zones and a school within the wider development. For a five-storey building of 56 homes, that is a long list.

The unit mix runs from studios of about 37 sq m to three-bedroom duplexes of nearly 200 sq m, which is unusual in a low-rise Dubai South block; most neighbours stop at two or three-bedroom flats on one level. The duplexes are the units that could clear AED 2 M for a Golden Visa.

The sources checked do not publish the finish schedule, appliance brands or parking per unit. Ask for them with the floor plan before you pay. Final specification as per the SPA.

About the developer

The Lincoln Star group sells in Dubai South through two companies. Lincoln Star Real Estate Development LLC, led by CEO and founding partner Ovais Latif and COO and founding partner Ankit Alagh, broke ground on its first building, Lincoln Star Residence: a six-storey block of 48 homes, including townhouses, studios and one and two-bedroom flats, first due in Q4 2025 and now shown for Q3 2026. Lincoln Rise Real Estate Development then launched and broke ground on Lincoln Star Residence II, saying the first building was on track for handover.

That makes this a new, small developer with no completed building on record yet. The phase 1 date has already moved by about three quarters. None of that means the building will not be delivered; the DLD's escrow rules release construction money only against progress. It does mean you should confirm the DLD project number and escrow bank, watch phase 1's handover closely, and prefer to buy after it is complete if the price still works.

For Indian buyers

Ownership. Dubai South is freehold for foreign buyers. During construction your purchase is an Oqood record at the DLD; at handover the DLD issues the title deed in your name. The UAE has no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 19,440 on a AED 486,000 studio.

Remittance. Under the Liberalised Remittance Scheme each person can send USD 250,000 per financial year. The studio with fees is about AED 507,580, roughly USD 138,000, so one person can fund it, and the post-handover half spreads the remittances over several years. TCS of 20% on remittances above Rs 10 lakh a year is adjusted against your income tax.

Golden Visa. The property route needs AED 2 million. A studio, one or two-bedroom here falls short; a three-bedroom duplex at the AED 2.6 M quoted on one page would clear it on the title deed value.

Rent and tax. 2026 guides put Dubai South apartment gross yields at 6.5% to 9%, highest for studios and one-bedrooms let to airport staff, about AED 31,600 to 43,700 a year on AED 486,000, and net yields at roughly 4% to 7%. The UAE does not tax the rent; an Indian tax resident declares it in India, claims the 30% standard deduction and reports the flat as a foreign asset. Resale in a 56-home building by a new developer will be slower than in a big-brand tower.

Pros

• A low launch entry of AED 486,000 in Dubai South
• Half the price is paid after handover, when the flat can already earn rent
• A small building of about 56 homes, with a rooftop pool and a wellness set rare at this price
• Close to Al Maktoum International Airport and its growing workforce of tenants
• Dubai South apartment gross yields run 6.5% to 9% on 2026 guides

Cons

• A new developer with no completed building yet; phase 1 has already slipped from Q4 2025
• Only the launch price is published; today's release price may be higher
• Handover is printed as both March 2027 and Q3 2027
• Dubai South has a large pipeline of new apartments from Azizi, Samana, Ellington and others
• No Metro station within walking distance

Who this is for

• First-time investors who want a Dubai studio for under AED 510,000 all-in
• Buyers who value a post-handover plan over a big-brand developer
• Investors targeting airport and logistics tenants
• Families looking at the three-bedroom duplexes at a Dubai South price

Who should look elsewhere

• Anyone who needs a developer with a completed track record
• Golden Visa buyers, unless they take a duplex priced above AED 2 M
• Buyers who need keys in early 2027 for certain
• Anyone relying on quick resale; a 56-unit building trades thinly

Our verdict

Lincoln Star Residence 2 is a small, five-storey block from a new developer, sold on a low entry and a plan that pushes half the price past handover. The AED 486,000 launch figure is one of the lower entries in Dubai South, and the rooftop pool and wellness rooms are more than most buildings at this price offer. The risk is the developer, not the building: the Lincoln Star group has not yet completed a project, and its first one has already moved from Q4 2025 to Q3 2026. A 50% post-handover plan protects your cash flow if you rent the flat out, but it also means you carry a debt to the developer for years. Buy it as a small, early-stage bet, not a core holding.

Worth a look for a first-time investor who wants a Dubai South studio for about AED 510,000 all-in and is comfortable with a new developer. Wait for phase 1's handover if you can, confirm the DLD project number and escrow, and ask for the current price, not the launch one. For a proven developer or a Golden Visa, look elsewhere.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Lincoln Star Residence 2?

Units launched from AED 486,000 (about Rs 1.25 crore), per propsearch. One broker page quotes three-bedroom duplexes of about 1,995 to 2,065 sq ft from AED 2.6 M. Ask the developer for the current release price; the launch price may no longer be available.

What is the payment plan for Lincoln Star Residence 2?

20% on booking, 20% during construction, 10% at handover and 50% after handover. On AED 486,000 that is AED 97,200, AED 97,200, AED 48,600 and AED 243,000.

When is handover for Lincoln Star Residence 2?

Q3 2027 on propsearch and March 2027 on one broker page. The ground-breaking has been announced; no construction percentage is published.

Who is the developer of Lincoln Star Residence 2?

Lincoln Rise Real Estate Development, part of the Lincoln Star group, whose first building, Lincoln Star Residence (48 homes), is due in Q3 2026 after an earlier Q4 2025 target.

How is it different from Lincoln Star Residence?

Phase 1 is a six-storey block of 48 homes, including townhouses, due in Q3 2026 on a 20/18/10/52 plan. Residence 2 is a five-storey block of about 56 homes with three-bedroom duplexes, due in 2027 on 20/20/10/50.

What rent can a unit earn?

2026 guides put Dubai South apartment gross yields at 6.5% to 9%, highest for studios and one-bedrooms. On AED 486,000 that is about AED 31,600 to 43,700 a year before service charges.

Does Lincoln Star Residence 2 qualify for the Golden Visa?

A studio or one-bedroom does not; the property route needs AED 2 M. A three-bedroom duplex at the AED 2.6 M quoted on one page would.

Can an Indian buyer own a unit at Lincoln Star Residence 2?

Yes. Dubai South is freehold for foreign buyers. The money leaves India under the LRS, up to USD 250,000 per person per financial year, and the DLD issues the title deed in your name after handover.

Compare with other Dubai projects

Also in Dubai South: MAG 5 Boulevard (from AED 449,000, ready), Coventry 66 (from AED 525,000, handover 2027), Samana Hills South 2 (from AED 599,000, handover 2028) and Samana South Haven (from AED 599,000, handover 2029). See every Dubai South project with prices and handover dates.

A similar budget elsewhere in Dubai: Lawnz by Danube (from AED 485,000, ready), Albero By ORO24 (from AED 490,000, handover 2027) and Deyaar Midtown Noor (from AED 490,000, ready).

Read next: Property for Sale in Dubai South: Prices, Yields and Risk · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.