308, Welcome Residency
Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Welcome Residency
What is 308 worth today?
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Source: Dubai Land Department. Updated 18 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,341 sqft
- Floor
- 3rd of 7
- Parking
- G-96
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.46M · October 2023
- Building
- Welcome Residency
About 308, Welcome Residency
308 is a two-bedroom apartment of 1,341 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 18 October 2023 for AED 1,460,000, or AED 1,088 per sqft, 10% above the AED 985 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 308 over time
308 has sold twice; 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 308 sits
All 78 2-beds →308 last sold in October 2023 at AED 1,088 per sqft, 10% above what two-beds in Welcome Residency were fetching at the time (AED 985). 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 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 3rd floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,524 sqft | AED 1.68MAED 1,680,000 · Oct 2026October 2026 | 125,000 /yr | |
| 302 | 2-bed | 1,498 sqft | AED 1.8MAED 1,800,000 · Jan 2026January 2026 | 60,000 /yr | |
| 303 | 2-bed | 1,345 sqft | AED 1.75MAED 1,750,000 · Sep 2024September 2024 | 130,000 /yr | |
| 304 | 2-bed | 1,345 sqft | AED 1.33MAED 1,325,000 · Jan 2024January 2024 | ||
| 305 | 2-bed | 1,331 sqft | AED 1.85MAED 1,850,000 · Jan 2026January 2026 | ||
| 306 | 3-bed | 1,708 sqft | AED 1.97MAED 1,969,173 · Dec 2023December 2023 | ||
| 307 | 2-bed | 1,345 sqft | AED 1.92MAED 1,920,000 · Jul 2025July 2025 | ||
| 309 | 3-bed | 1,710 sqft | AED 2MAED 2,000,000 · Jan 2024January 2024 | ||
| 310 | 2-bed | 1,331 sqft | AED 1.4MAED 1,401,206 · Dec 2023December 2023 | ||
| 311 | 2-bed | 1,345 sqft | AED 1.33MAED 1,326,000 · Dec 2023December 2023 | ||
| 312 | 2-bed | 1,345 sqft | AED 1.45MAED 1,451,254 · Jan 2024January 2024 | 110,000 /yr | |
| 313 | 2-bed | 1,499 sqft | AED 1.5MAED 1,497,982 · Jan 2024January 2024 | 113,000 /yr | |
| 314 | 2-bed | 1,523 sqft | AED 1.69MAED 1,690,000 · Mar 2024March 2024 |
308, Welcome Residency in numbers
- Sold twice: first on 21 December 2022 for AED 1,267,113, last on 18 October 2023 for AED 1,460,000 (AED 1,088 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 18 October 2023.
Questions about 308, Welcome Residency
What did unit 308 last sell for?
AED 1,460,000 on 18 October 2023: AED 1,088 per sqft for 1,341 sqft. The unit has 2 registered sales; the first was AED 1,267,113 in December 2022.
How big is unit 308?
1,341 sqft (124.6 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2024.
What is unit 308 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.
Selling 308? Put it on the OpenOffers board
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Mortgage on 308, Welcome Residency
Starts from the last sale price (AED 1.46M, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,460,000
- Deposit, UAE resident (20%)
- AED 292,000
- Deposit, non-resident (40%)
- AED 584,000
- Monthly over 25 years at 3.7%
- AED 5,973
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →