404, Welcome Residency
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Welcome Residency
What is 404 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,345 sqft
- Floor
- 4th of 7
- Parking
- G-28
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.4M · January 2023
- Building
- Welcome Residency
About 404, Welcome Residency
404 is a two-bedroom apartment of 1,345 sqft on the 4th floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 23 January 2023 for AED 1,397,488, or AED 1,043 per sqft, 10% above the AED 944 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 25 May 2026, is AED 100,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 404 over time
404 has sold once; 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 404 sits
All 78 2-beds →404 last sold in January 2023 at AED 1,043 per sqft, 10% above what two-beds in Welcome Residency were fetching at the time (AED 944). 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. 404's AED 100,000 is in the upper half 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 | |
| 402 | 2-bed | 1,498 sqft | AED 1.42MAED 1,419,329 · Jun 2024June 2024 | 135,000 /yr | |
| 403 | 2-bed | 1,341 sqft | AED 1.36MAED 1,363,250 · May 2023May 2023 | ||
| 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 |
404, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 23 January 2023 for AED 1,397,488, or AED 1,043 per sqft.
- Rented since March 2024 on 4 Ejari contracts, from AED 115,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 7.2%.
- 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 25 May 2026.
Questions about 404, Welcome Residency
What did unit 404 last sell for?
AED 1,397,488 on 23 January 2023, sold by the developer: AED 1,043 per sqft for 1,345 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 100,000 a year on the contract signed on 25 May 2026. The previous contract, from March 2025, was AED 115,000; the unit has been rented since March 2024.
How big is unit 404?
1,345 sqft (125.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2024.
What is unit 404 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 404, Welcome Residency
Starts from the last sale price (AED 1.4M, 23 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,397,488
- Deposit, UAE resident (20%)
- AED 279,498
- Deposit, non-resident (40%)
- AED 558,995
- Monthly over 25 years at 3.7%
- AED 5,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →