2-bed · 1,345 sqftWelcome Residency, Arjan · 1st floor · completed 2024

104, Welcome Residency

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 1.55M16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Welcome Residency

What is 104 worth today?

Last sold for AED 1,550,000 in 2024

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16 May 2024SoldReady
AED 1,550,000AED 1,152 per sqft
23 Jan 2023Sold by developerOff-plan
AED 1,290,000AED 963 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,345 sqft
Floor
1st of 7
Parking
G-04
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.55M · May 2024

About 104, Welcome Residency

104 is a two-bedroom apartment of 1,345 sqft on the 1st floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. It last sold on 16 May 2024 for AED 1,550,000, or AED 1,152 per sqft, 11% above the AED 1,035 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Welcome Residency
1.25M1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,264,534; 2023 AED 1,419,380; 2024 AED 1,550,000; 2025 AED 1,730,000; 2026 AED 1,672,600Sold by developer, January 2023: AED 1,290,000 (AED 963 per sqft)Sold, May 2024: AED 1,550,000 (AED 1,152 per sqft)

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

Rents
Unit 104, each contractTypical two-bed in Welcome Residency
110K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 123,000; 2026 AED 110,000

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

2-beds in Welcome Residency, and where 104 sits

All 78 2-beds →

104 last sold in May 2024 at AED 1,152 per sqft, 11% above what two-beds in Welcome Residency were fetching at the time (AED 1,035). Over the last 12 months two-beds sold for AED 1,440,000 to 1,910,000, around AED 1,189 per sqft, and rent for AED 60,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,600,000
29 Oct 20261,670,000
22 Oct 20261,680,000
24 Sep 20261,515,000
14 2-bed sales in the last 12 months

Welcome Residency

Building

94 apartments, 1-bed to 3-bed over 7 floors in Arjan, completed in 2024 by Alseeb Real Estate Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,189
Typical sale
AED 1.69M
Typical rent
AED 118K /yr
Typical yield
7.0%
Welcome Residency, Arjan: prices, sales and rents →

Other units on the 1st floor

All 94 units in Welcome Residency
Value
1012-bedAED 1.6M · Dec 2024
1022-bedAED 1.47M · Aug 2023
1032-bedAED 1.4M · Aug 2023
1052-bedAED 1.39M · Aug 2023
1063-bedAED 1.91M · Aug 2023
1072-bedAED 1.6M · Nov 2026
1082-bedAED 1.56M · Jan 2023
1–7 of 13

104, Welcome Residency in numbers

  • Sold twice: first on 23 January 2023 for AED 1,290,000, last on 16 May 2024 for AED 1,550,000 (AED 1,152 per sqft).
  • Two-beds in Welcome Residency sold for AED 1,440,000–1,910,000 in the 12 months to November 2026; the building's median across all types is AED 1,189 per sqft.

Source: Dubai Land Department. Updated 16 May 2024.

Questions about 104, Welcome Residency

What did unit 104 last sell for?

AED 1,550,000 on 16 May 2024: AED 1,152 per sqft for 1,345 sqft. The unit has 2 registered sales; the first was AED 1,290,000 in January 2023.

How big is unit 104?

1,345 sqft (125.0 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2024.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Welcome Residency sold for AED 1,440,000 to 1,910,000 in the last 12 months, around AED 1,189 per sqft.

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Mortgage on 104, Welcome Residency

Starts from the last sale price (AED 1.55M, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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