702, Welcome Residency
Sold prices and rental history: sold once, by the developer in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Welcome Residency
What is 702 worth today?
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Source: Dubai Land Department. Updated 28 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,598 sqft
- Floor
- 7th of 7
- Parking
- G-86
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.5M · April 2025
- Building
- Welcome Residency
About 702, Welcome Residency
702 is a one-bedroom apartment of 1,598 sqft on the 7th floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 28 April 2025 for AED 1,500,000, or AED 938 per sqft.
No rental contract for the unit is registered on Ejari.
1-beds in Welcome Residency, and where 702 sits
All 2 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Aug 202328 August 2023 | 1,594 sqft | 1,250,000 | 784 |
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 7th floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,540 sqft | AED 1.87MAED 1,866,000 · Aug 2023August 2023 | ||
| 703 | 2-bed | 1,330 sqft | AED 1.68MAED 1,675,200 · Jun 2026June 2026 | 110,000 /yr | |
| 704 | 3-bed | 1,677 sqft | AED 1.79MAED 1,786,500 · Aug 2023August 2023 | ||
| 705 | 2-bed | 1,328 sqft | AED 1.68MAED 1,683,000 · Sep 2023September 2023 | 120,000 /yr | |
| 706 | 2-bed | 1,324 sqft | AED 1.56MAED 1,558,000 · Sep 2023September 2023 | 120,000 /yr | |
| 707 | 3-bed | 1,678 sqft | AED 1.79MAED 1,786,500 · Sep 2023September 2023 | ||
| 708 | 2-bed | 1,330 sqft | AED 1.55MAED 1,550,000 · Jul 2024July 2024 | 113,528 /yr | |
| 709 | 1-bed | 1,594 sqft | AED 1.25MAED 1,250,000 · Aug 2023August 2023 | 93,000 /yr | |
| 710 | 2-bed | 1,541 sqft | AED 1.74MAED 1,741,789 · Sep 2023September 2023 | 115,000 /yr |
702, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 28 April 2025 for AED 1,500,000, or AED 938 per sqft.
Source: Dubai Land Department. Updated 28 April 2025.
Questions about 702, Welcome Residency
What did unit 702 last sell for?
AED 1,500,000 on 28 April 2025, sold by the developer: AED 938 per sqft for 1,598 sqft. It is the only registered sale of the unit.
How big is unit 702?
1,598 sqft (148.5 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2024.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 702? Put it on the OpenOffers board
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Mortgage on 702, Welcome Residency
Starts from the last sale price (AED 1.5M, 28 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →