2-bed · 1,516 sqftWelcome Residency, Arjan · 4th floor · completed 2024

414, Welcome Residency

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 7 August 2023
Last soldAED 1.72M7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Welcome Residency

What is 414 worth today?

Last sold for AED 1,716,789 in 2023

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7 Aug 2023Sold by developerOff-plan
AED 1,716,789AED 1,132 per sqft

Source: Dubai Land Department. Updated 7 August 2023.

Key facts

Type
2-bed apartment
Size
1,516 sqft
Floor
4th of 7
Parking
G-36
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.72M · August 2023

About 414, Welcome Residency

414 is a two-bedroom apartment of 1,516 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 7 August 2023 for AED 1,716,789, or AED 1,132 per sqft, 19% above the AED 949 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 414 over time

Sales
Unit 414, 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, August 2023: AED 1,716,789 (AED 1,132 per sqft)

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

Rents
Unit 414, 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 414 sits

All 78 2-beds →

414 last sold in August 2023 at AED 1,132 per sqft, 19% above what two-beds in Welcome Residency were fetching at the time (AED 949). 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 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

414, Welcome Residency in numbers

  • Sold once: by Alseeb Real Estate Development on 7 August 2023 for AED 1,716,789, or AED 1,132 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 7 August 2023.

Questions about 414, Welcome Residency

What did unit 414 last sell for?

AED 1,716,789 on 7 August 2023, sold by the developer: AED 1,132 per sqft for 1,516 sqft. It is the only registered sale of the unit.

How big is unit 414?

1,516 sqft (140.8 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2024.

What is unit 414 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 414, Welcome Residency

Starts from the last sale price (AED 1.72M, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,716,789
Deposit, UAE resident (20%)
AED 343,358
Deposit, non-resident (40%)
AED 686,716
Monthly over 25 years at 3.7%
AED 7,024

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