2-bed · 1,345 sqftWelcome Residency, Arjan · 3rd floor · completed 2024

311, 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 311 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 1.33M13 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Welcome Residency

What is 311 worth today?

Last sold for AED 1,326,000 in 2023

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13 Dec 2023SoldReady
AED 1,326,000AED 985 per sqft
21 Dec 2022Sold by developerOff-plan
AED 1,145,699AED 854 per sqft

Source: Dubai Land Department. Updated 13 December 2023.

Key facts

Type
2-bed apartment
Size
1,345 sqft
Floor
3rd of 7
Parking
G-100
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.33M · December 2023

About 311, Welcome Residency

311 is a two-bedroom apartment of 1,345 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 13 December 2023 for AED 1,326,000, or AED 985 per sqft, in line with 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 311 over time

Sales
Unit 311, each saleTypical two-bed in Welcome Residency
1.5M202220242026Typical 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, December 2022: AED 1,145,699 (AED 854 per sqft)Sold, December 2023: AED 1,326,000 (AED 985 per sqft)

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

Rents
Unit 311, 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 311 sits

All 78 2-beds →

311 last sold in December 2023 at AED 985 per sqft, in line with 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 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 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
3063-bedAED 1.97M · Dec 2023
3072-bedAED 1.92M · Jul 2025
1–7 of 13

311, Welcome Residency in numbers

  • Sold twice: first on 21 December 2022 for AED 1,145,699, last on 13 December 2023 for AED 1,326,000 (AED 985 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 13 December 2023.

Questions about 311, Welcome Residency

What did unit 311 last sell for?

AED 1,326,000 on 13 December 2023: AED 985 per sqft for 1,345 sqft. The unit has 2 registered sales; the first was AED 1,145,699 in December 2022.

How big is unit 311?

1,345 sqft (125.0 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 311 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 311, Welcome Residency

Starts from the last sale price (AED 1.33M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,326,000
Deposit, UAE resident (20%)
AED 265,200
Deposit, non-resident (40%)
AED 530,400
Monthly over 25 years at 3.7%
AED 5,425

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