2-bed · 1,523 sqftWelcome Residency, Arjan · 3rd floor · completed 2024

314, Welcome Residency

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 1.69M12 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Welcome Residency

What is 314 worth today?

Last sold for AED 1,690,000 in 2024

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12 Mar 2024SoldReady
AED 1,690,000AED 1,109 per sqft
21 Dec 2022Sold by developerOff-plan
AED 1,432,610AED 944 per sqft

Source: Dubai Land Department. Updated 12 March 2024.

Key facts

Type
2-bed apartment
Size
1,523 sqft
Floor
3rd of 7
Parking
G-103
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.69M · March 2024

About 314, Welcome Residency

314 is a two-bedroom apartment of 1,523 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 12 March 2024 for AED 1,690,000, or AED 1,109 per sqft, 8% above the AED 1,026 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 314 over time

Sales
Unit 314, 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, December 2022: AED 1,432,610 (AED 944 per sqft)Sold, March 2024: AED 1,690,000 (AED 1,109 per sqft)

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

Rents
Unit 314, 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 314 sits

All 78 2-beds →

314 last sold in March 2024 at AED 1,109 per sqft, 8% above what two-beds in Welcome Residency were fetching at the time (AED 1,026). 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

314, Welcome Residency in numbers

  • Sold twice: first on 21 December 2022 for AED 1,432,610, last on 12 March 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 12 March 2024.

Questions about 314, Welcome Residency

What did unit 314 last sell for?

AED 1,690,000 on 12 March 2024: AED 1,109 per sqft for 1,523 sqft. The unit has 2 registered sales; the first was AED 1,432,610 in December 2022.

How big is unit 314?

1,523 sqft (141.5 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 314 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 314, Welcome Residency

Starts from the last sale price (AED 1.69M, 12 March 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 →