402, Welcome Residency
Sold prices and rental history: sold twice, last in June 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Welcome Residency
What is 402 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,498 sqft
- Floor
- 4th of 7
- Parking
- G-26
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.42M · June 2024
- Building
- Welcome Residency
About 402, Welcome Residency
402 is a two-bedroom apartment of 1,498 sqft on the 4th floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. It last sold on 5 June 2024 for AED 1,419,329, or AED 947 per sqft, 8% below the AED 1,027 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2025. The current contract, renewed on 15 August 2025, is AED 135,000 a year: a gross yield of 9.5% on the 2024 price.
Sales and rents for 402 over time
402 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 402 sits
All 78 2-beds →402 last sold in June 2024 at AED 947 per sqft, 8% below 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. 402's AED 135,000 is at the top of that range.
| 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 4th floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,524 sqft | AED 1.66MAED 1,661,555 · Feb 2024February 2024 | 15,000 /yr | |
| 403 | 2-bed | 1,341 sqft | AED 1.36MAED 1,363,250 · May 2023May 2023 | ||
| 404 | 2-bed | 1,345 sqft | AED 1.4MAED 1,397,488 · Jan 2023January 2023 | 100,000 /yr | |
| 405 | 2-bed | 1,331 sqft | AED 1.44MAED 1,440,000 · Apr 2026April 2026 | ||
| 406 | 3-bed | 1,708 sqft | AED 2.08MAED 2,075,000 · Aug 2026August 2026 | ||
| 407 | 2-bed | 1,345 sqft | AED 1.52MAED 1,515,000 · Sep 2026September 2026 | 126,000 /yr | |
| 408 | 2-bed | 1,341 sqft | AED 1.53MAED 1,532,903 · Jan 2023January 2023 | 110,000 /yr | |
| 409 | 3-bed | 1,697 sqft | AED 1.87MAED 1,866,742 · Aug 2023August 2023 | 155,000 /yr | |
| 410 | 2-bed | 1,328 sqft | AED 1.44MAED 1,438,202 · May 2023May 2023 | 130,000 /yr | |
| 411 | 2-bed | 1,345 sqft | AED 1.7MAED 1,700,000 · Jan 2025January 2025 | ||
| 412 | 2-bed | 1,342 sqft | AED 1.45MAED 1,451,948 · May 2023May 2023 | 110,000 /yr | |
| 413 | 2-bed | 1,499 sqft | AED 1.7MAED 1,700,000 · Oct 2024October 2024 | ||
| 414 | 2-bed | 1,516 sqft | AED 1.72MAED 1,716,789 · Aug 2023August 2023 |
402, Welcome Residency in numbers
- Sold twice: first on 24 July 2023 for AED 1,419,329, last on 5 June 2024 for AED 1,419,329 (AED 947 per sqft).
- Rented since August 2025 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2024 price is 9.5%.
- 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 15 August 2025.
Questions about 402, Welcome Residency
What did unit 402 last sell for?
AED 1,419,329 on 5 June 2024: AED 947 per sqft for 1,498 sqft. The unit has 2 registered sales; the first was AED 1,419,329 in July 2023.
What is the rent for unit 402?
AED 135,000 a year on the contract renewed on 15 August 2025.
How big is unit 402?
1,498 sqft (139.2 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2024.
What is unit 402 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 402? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 402, Welcome Residency
Starts from the last sale price (AED 1.42M, 5 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,419,329
- Deposit, UAE resident (20%)
- AED 283,866
- Deposit, non-resident (40%)
- AED 567,732
- Monthly over 25 years at 3.7%
- AED 5,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →