2-bed · 1,523 sqftWelcome Residency, Arjan · 2nd floor · completed 2024

214, 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 214 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.69M20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Welcome Residency

What is 214 worth today?

Last sold for AED 1,690,000 in 2024

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20 May 2024SoldReady
AED 1,690,000AED 1,109 per sqft
20 Mar 2023Sold by developerOff-plan
AED 1,382,582AED 911 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,523 sqft
Floor
2nd of 7
Parking
G-24
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.69M · May 2024

About 214, Welcome Residency

214 is a two-bedroom apartment of 1,523 sqft on the 2nd floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. It last sold on 20 May 2024 for AED 1,690,000, or AED 1,109 per sqft, 8% above the AED 1,027 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 214 over time

Sales
Unit 214, 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, March 2023: AED 1,382,582 (AED 911 per sqft)Sold, May 2024: AED 1,690,000 (AED 1,109 per sqft)

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

Rents
Unit 214, 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 214 sits

All 78 2-beds →

214 last sold in May 2024 at AED 1,109 per sqft, 8% above what two-beds in Welcome Residency were fetching at the time (AED 1,027). 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 2nd floor

All 94 units in Welcome Residency
Value
2012-bedAED 1.38M · Mar 2023
2022-bedAED 1.76M · Jul 2025
2032-bedAED 1.69M · Apr 2026
2042-bedAED 1.16M · Jun 2023
2052-bedAED 1.26M · Dec 2022
2063-bedAED 1.6M · Sep 2023
2072-bedAED 1.6M · Jul 2026
1–7 of 13

214, Welcome Residency in numbers

  • Sold twice: first on 20 March 2023 for AED 1,382,582, last on 20 May 2024 for AED 1,690,000 (AED 1,109 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 20 May 2024.

Questions about 214, Welcome Residency

What did unit 214 last sell for?

AED 1,690,000 on 20 May 2024: AED 1,109 per sqft for 1,523 sqft. The unit has 2 registered sales; the first was AED 1,382,582 in March 2023.

How big is unit 214?

1,523 sqft (141.5 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2024.

What is unit 214 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 214, Welcome Residency

Starts from the last sale price (AED 1.69M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,690,000
Deposit, UAE resident (20%)
AED 338,000
Deposit, non-resident (40%)
AED 676,000
Monthly over 25 years at 3.7%
AED 6,914

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