603, Welcome Residency
Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Welcome Residency
What is 603 worth today?
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Source: Dubai Land Department. Updated 13 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 6th of 7
- Parking
- G-51
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.34M · August 2023
- Building
- Welcome Residency
About 603, Welcome Residency
603 is a two-bedroom apartment of 1,339 sqft on the 6th floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 1 August 2023 for AED 1,335,226, or AED 996 per sqft, 5% above the AED 949 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 13 December 2025, is AED 120,000 a year: a gross yield of 9.0% on the 2023 price.
Sales and rents for 603 over time
603 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 603 sits
All 78 2-beds →603 last sold in August 2023 at AED 996 per sqft, 5% 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. 603's AED 120,000 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 6th floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,517 sqft | AED 1.56MAED 1,559,055 · Aug 2023August 2023 | ||
| 602 | 2-bed | 1,498 sqft | AED 1.72MAED 1,718,000 · Sep 2026September 2026 | ||
| 604 | 2-bed | 1,342 sqft | AED 1.32MAED 1,322,488 · Sep 2023September 2023 | 125,000 /yr | |
| 605 | 2-bed | 1,328 sqft | AED 1.31MAED 1,309,456 · Aug 2023August 2023 | 115,500 /yr | |
| 606 | 3-bed | 1,708 sqft | AED 1.92MAED 1,920,000 · Apr 2026April 2026 | 150,000 /yr | |
| 607 | 2-bed | 1,342 sqft | AED 1.46MAED 1,458,808 · Aug 2023August 2023 | 120,000 /yr | |
| 608 | 2-bed | 1,341 sqft | AED 1.46MAED 1,457,903 · Jul 2023July 2023 | ||
| 609 | 3-bed | 1,679 sqft | AED 1.92MAED 1,915,913 · Sep 2023September 2023 | ||
| 610 | 2-bed | 1,330 sqft | AED 1.33MAED 1,328,130 · Sep 2023September 2023 | ||
| 611 | 2-bed | 1,342 sqft | AED 1.32MAED 1,322,999 · Sep 2023September 2023 | 110,000 /yr | |
| 612 | 2-bed | 1,345 sqft | AED 1.38MAED 1,377,698 · Sep 2023September 2023 | 129,150 /yr | |
| 613 | 2-bed | 1,494 sqft | AED 1.47MAED 1,469,431 · Sep 2023September 2023 | 105,000 /yr | |
| 614 | 2-bed | 1,522 sqft | AED 1.61MAED 1,608,953 · Mar 2024March 2024 | 125,000 /yr |
603, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 1 August 2023 for AED 1,335,226, or AED 996 per sqft.
- Rented since December 2024 on 2 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 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 13 December 2025.
Questions about 603, Welcome Residency
What did unit 603 last sell for?
AED 1,335,226 on 1 August 2023, sold by the developer: AED 996 per sqft for 1,339 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 120,000 a year on the contract renewed on 13 December 2025. The previous contract, from December 2024, was AED 120,000.
How big is unit 603?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2024.
What is unit 603 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 603, Welcome Residency
Starts from the last sale price (AED 1.34M, 1 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,335,226
- Deposit, UAE resident (20%)
- AED 267,045
- Deposit, non-resident (40%)
- AED 534,090
- Monthly over 25 years at 3.7%
- AED 5,463
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →