113, Welcome Residency
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 113, Welcome Residency
What is 113 worth today?
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Source: Dubai Land Department. Updated 20 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,499 sqft
- Floor
- 1st of 7
- Parking
- G-11
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.47M · September 2023
- Building
- Welcome Residency
About 113, Welcome Residency
113 is a two-bedroom apartment of 1,499 sqft on the 1st floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 18 September 2023 for AED 1,469,725, or AED 980 per sqft, in line with the AED 984 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 20 November 2025, is AED 120,000 a year: a gross yield of 8.2% on the 2023 price.
Sales and rents for 113 over time
113 has sold once; the dashed line is the two-bed median of each year in the building.
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 113 sits
All 78 2-beds →113 last sold in September 2023 at AED 980 per sqft, in line with what two-beds in Welcome Residency were fetching at the time (AED 984). 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. 113's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,345 sqft | 1,600,000 | 1,189 | ||
| 29 Oct 202629 October 2026 | 1,524 sqft | 1,670,000 | 1,096 | ||
| 22 Oct 202622 October 2026 | 1,524 sqft | 1,680,000 | 1,102 | ||
| 24 Sep 202624 September 2026 | 1,345 sqft | 1,515,000 | 1,126 |
Welcome Residency
Building94 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%
Other units on the 1st floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,524 sqft | AED 1.6MAED 1,600,000 · Dec 2024December 2024 | ||
| 102 | 2-bed | 1,494 sqft | AED 1.47MAED 1,469,628 · Aug 2023August 2023 | 125,000 /yr | |
| 103 | 2-bed | 1,341 sqft | AED 1.4MAED 1,398,817 · Aug 2023August 2023 | 130,000 /yr | |
| 104 | 2-bed | 1,345 sqft | AED 1.55MAED 1,550,000 · May 2024May 2024 | ||
| 105 | 2-bed | 1,328 sqft | AED 1.39MAED 1,386,955 · Aug 2023August 2023 | ||
| 106 | 3-bed | 1,696 sqft | AED 1.91MAED 1,906,099 · Aug 2023August 2023 | ||
| 107 | 2-bed | 1,345 sqft | AED 1.6MAED 1,600,000 · Nov 2026November 2026 | ||
| 108 | 2-bed | 1,341 sqft | AED 1.56MAED 1,562,903 · Jan 2023January 2023 | 125,000 /yr | |
| 109 | 3-bed | 1,710 sqft | AED 2.35MAED 2,345,000 · Jul 2025July 2025 | 150,000 /yr | |
| 110 | 2-bed | 1,328 sqft | AED 1.26MAED 1,261,342 · Jul 2023July 2023 | 110,000 /yr | |
| 111 | 2-bed | 1,340 sqft | AED 1.33MAED 1,330,999 · Jan 2023January 2023 | 110,000 /yr | |
| 112 | 2-bed | 1,342 sqft | AED 1.21MAED 1,210,807 · Aug 2023August 2023 | 125,000 /yr | |
| 114 | 2-bed | 1,523 sqft | AED 1.44MAED 1,440,190 · Sep 2023September 2023 |
113, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 18 September 2023 for AED 1,469,725, or AED 980 per sqft.
- Rented since April 2025 on 3 Ejari contracts, from AED 125,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 8.2%.
- 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 20 November 2025.
Questions about 113, Welcome Residency
What did unit 113 last sell for?
AED 1,469,725 on 18 September 2023, sold by the developer: AED 980 per sqft for 1,499 sqft. It is the only registered sale of the unit.
What is the rent for unit 113?
AED 120,000 a year on the contract signed on 20 November 2025. The previous contract, from April 2025, was AED 125,000; the unit has been rented since April 2025.
How big is unit 113?
1,499 sqft (139.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2024.
What is unit 113 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 113, Welcome Residency
Starts from the last sale price (AED 1.47M, 18 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,469,725
- Deposit, UAE resident (20%)
- AED 293,945
- Deposit, non-resident (40%)
- AED 587,890
- Monthly over 25 years at 3.7%
- AED 6,013
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →