2-bed · 1,328 sqftWelcome Residency, Arjan · 4th floor · completed 2024

410, Welcome Residency

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 1.44M17 May 2023
Current rentAED 130K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, Welcome Residency

What is 410 worth today?

Last sold for AED 1,438,202 in 2023

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10 Dec 2024RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
17 May 2023Sold by developerOff-plan
AED 1,438,202AED 1,083 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
2-bed apartment
Size
1,328 sqft
Floor
4th of 7
Parking
G-32
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.44M · May 2023

About 410, Welcome Residency

410 is a two-bedroom apartment of 1,328 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 17 May 2023 for AED 1,438,202, or AED 1,083 per sqft, 15% above the AED 944 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 December 2024. The current contract, signed on 10 December 2024, is AED 130,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 410 over time

Sales
Unit 410, 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, May 2023: AED 1,438,202 (AED 1,083 per sqft)

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

Rents
Unit 410, each contractTypical two-bed in Welcome Residency
110K120K130K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 123,000; 2026 AED 110,000New contract, December 2024: AED 130,000 a year

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 410 sits

All 78 2-beds →

410 last sold in May 2023 at AED 1,083 per sqft, 15% 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. 410's AED 130,000 is at the top of that range.

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 4th floor

All 94 units in Welcome Residency
Value
4012-bedAED 1.66M · Feb 2024
4022-bedAED 1.42M · Jun 2024
4032-bedAED 1.36M · May 2023
4042-bedAED 1.4M · Jan 2023
4052-bedAED 1.44M · Apr 2026
4063-bedAED 2.08M · Aug 2026
4072-bedAED 1.52M · Sep 2026
1–7 of 13

410, Welcome Residency in numbers

  • Sold once: by Alseeb Real Estate Development on 17 May 2023 for AED 1,438,202, or AED 1,083 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 9.0%.
  • 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 10 December 2024.

Questions about 410, Welcome Residency

What did unit 410 last sell for?

AED 1,438,202 on 17 May 2023, sold by the developer: AED 1,083 per sqft for 1,328 sqft. It is the only registered sale of the unit.

What is the rent for unit 410?

AED 130,000 a year on the contract signed on 10 December 2024.

How big is unit 410?

1,328 sqft (123.4 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2024.

What is unit 410 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 410, Welcome Residency

Starts from the last sale price (AED 1.44M, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,438,202
Deposit, UAE resident (20%)
AED 287,640
Deposit, non-resident (40%)
AED 575,281
Monthly over 25 years at 3.7%
AED 5,884

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