204, Welcome Residency
Sold prices and rental history: sold once, by the developer in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Welcome Residency
What is 204 worth today?
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Source: Dubai Land Department. Updated 12 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 2nd of 7
- Parking
- G-16
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.16M · June 2023
- Building
- Welcome Residency
About 204, Welcome Residency
204 is a two-bedroom apartment of 1,339 sqft on the 2nd floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 8 June 2023 for AED 1,157,294, or AED 863 per sqft, 9% below the AED 947 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 12 October 2026, is AED 95,000 a year: a gross yield of 8.2% on the 2023 price.
Sales and rents for 204 over time
204 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 204 sits
All 78 2-beds →204 last sold in June 2023 at AED 863 per sqft, 9% below what two-beds in Welcome Residency were fetching at the time (AED 947). 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. 204's AED 95,000 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 2nd floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,515 sqft | AED 1.38MAED 1,381,992 · Mar 2023March 2023 | ||
| 202 | 2-bed | 1,498 sqft | AED 1.76MAED 1,760,000 · Jul 2025July 2025 | ||
| 203 | 2-bed | 1,345 sqft | AED 1.69MAED 1,685,000 · Apr 2026April 2026 | 115,000 /yr | |
| 205 | 2-bed | 1,328 sqft | AED 1.26MAED 1,261,955 · Dec 2022December 2022 | 110,000 /yr | |
| 206 | 3-bed | 1,696 sqft | AED 1.6MAED 1,602,989 · Sep 2023September 2023 | 150,000 /yr | |
| 207 | 2-bed | 1,345 sqft | AED 1.6MAED 1,600,000 · Jul 2026July 2026 | 122,500 /yr | |
| 208 | 2-bed | 1,344 sqft | AED 1.91MAED 1,910,000 · Dec 2025December 2025 | ||
| 209 | 3-bed | 1,710 sqft | AED 2.17MAED 2,170,000 · Apr 2024April 2024 | ||
| 210 | 2-bed | 1,328 sqft | AED 1.26MAED 1,261,342 · Dec 2022December 2022 | 110,000 /yr | |
| 211 | 2-bed | 1,345 sqft | AED 1.55MAED 1,550,000 · May 2024May 2024 | ||
| 212 | 2-bed | 1,342 sqft | AED 1.27MAED 1,274,533 · Jan 2023January 2023 | 127,000 /yr | |
| 213 | 2-bed | 1,499 sqft | AED 1.29MAED 1,290,936 · Feb 2025February 2025 | 100,000 /yr | |
| 214 | 2-bed | 1,523 sqft | AED 1.69MAED 1,690,000 · May 2024May 2024 |
204, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 8 June 2023 for AED 1,157,294, or AED 863 per sqft.
- Rented since August 2024 on 3 Ejari contracts, from AED 120,000 to AED 95,000 a year.
- At AED 95,000 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 12 October 2026.
Questions about 204, Welcome Residency
What did unit 204 last sell for?
AED 1,157,294 on 8 June 2023, sold by the developer: AED 863 per sqft for 1,339 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 95,000 a year on the contract signed on 12 October 2026. The previous contract, from September 2025, was AED 115,000; the unit has been rented since August 2024.
How big is unit 204?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2024.
What is unit 204 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 204, Welcome Residency
Starts from the last sale price (AED 1.16M, 8 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,157,294
- Deposit, UAE resident (20%)
- AED 231,459
- Deposit, non-resident (40%)
- AED 462,918
- Monthly over 25 years at 3.7%
- AED 4,735
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →