3-bed · 1,708 sqftWelcome Residency, Arjan · 3rd floor · completed 2024

306, Welcome Residency

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 1.97M22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Welcome Residency

What is 306 worth today?

Last sold for AED 1,969,173 in 2023

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22 Dec 2023SoldReady
AED 1,969,173AED 1,153 per sqft
21 Dec 2022Sold by developerOff-plan
AED 1,679,322AED 989 per sqft

Source: Dubai Land Department. Updated 22 December 2023.

Key facts

Type
3-bed apartment
Size
1,708 sqft
Floor
3rd of 7
Parking
G-93,G-94
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.97M · December 2023

About 306, Welcome Residency

306 is a three-bedroom apartment of 1,708 sqft on the 3rd floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. It last sold on 22 December 2023 for AED 1,969,173, or AED 1,153 per sqft, 5% above the AED 1,099 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical three-bed in Welcome Residency
1.8M2M202220242026Typical sale price by year: 2023 AED 1,866,328; 2024 AED 2,000,000; 2026 AED 2,000,000Sold by developer, December 2022: AED 1,679,322 (AED 989 per sqft)Sold, December 2023: AED 1,969,173 (AED 1,153 per sqft)

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

Rents
Unit 306, each contractTypical three-bed in Welcome Residency
140K160K2024202520262027Typical rent by year: 2024 AED 150,000; 2025 AED 150,000; 2026 AED 150,000

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

3-beds in Welcome Residency, and where 306 sits

All 14 3-beds →

306 last sold in December 2023 at AED 1,153 per sqft, 5% above what three-beds in Welcome Residency were fetching at the time (AED 1,099). Over the last 12 months three-beds sold for AED 1,920,000 to 2,075,000, around AED 1,171 per sqft, and rent for AED 150,000 to 179,517 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,000,000
12 Aug 20262,075,000
15 Apr 20261,920,000
14 Jul 20252,345,000
3 3-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 3rd floor

All 94 units in Welcome Residency
Value
3012-bedAED 1.68M · Oct 2026
3022-bedAED 1.8M · Jan 2026
3032-bedAED 1.75M · Sep 2024
3042-bedAED 1.33M · Jan 2024
3052-bedAED 1.85M · Jan 2026
3072-bedAED 1.92M · Jul 2025
3082-bedAED 1.46M · Oct 2023
1–7 of 13

306, Welcome Residency in numbers

  • Sold twice: first on 21 December 2022 for AED 1,679,322, last on 22 December 2023 for AED 1,969,173 (AED 1,153 per sqft).
  • Three-beds in Welcome Residency sold for AED 1,920,000–2,075,000 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 22 December 2023.

Questions about 306, Welcome Residency

What did unit 306 last sell for?

AED 1,969,173 on 22 December 2023: AED 1,153 per sqft for 1,708 sqft. The unit has 2 registered sales; the first was AED 1,679,322 in December 2022.

How big is unit 306?

1,708 sqft (158.7 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Welcome Residency sold for AED 1,920,000 to 2,075,000 in the last 12 months, around AED 1,171 per sqft.

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Mortgage on 306, Welcome Residency

Starts from the last sale price (AED 1.97M, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,969,173
Deposit, UAE resident (20%)
AED 393,835
Deposit, non-resident (40%)
AED 787,669
Monthly over 25 years at 3.7%
AED 8,056

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