704, 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.
Property timeline for 704, Welcome Residency
What is 704 worth today?
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Source: Dubai Land Department. Updated 23 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,677 sqft
- Floor
- 7th of 7
- Parking
- G-67,G-68
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.79M · August 2023
- Building
- Welcome Residency
About 704, Welcome Residency
704 is a three-bedroom apartment of 1,677 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 23 August 2023 for AED 1,786,500, or AED 1,065 per sqft, in line with the AED 1,082 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 704 over time
704 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Welcome Residency, and where 704 sits
All 14 3-beds →704 last sold in August 2023 at AED 1,065 per sqft, in line with what three-beds in Welcome Residency were fetching at the time (AED 1,082). Over the last 12 months three-beds sold for AED 1,920,000 to 2,075,000, around AED 1,171 per sqft, and rent for AED 150,000 to 179,517 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,708 sqft | 2,000,000 | 1,171 | ||
| 12 Aug 202612 August 2026 | 1,708 sqft | 2,075,000 | 1,215 | ||
| 15 Apr 202615 April 2026 | 1,708 sqft | 1,920,000 | 1,123 | ||
| 14 Jul 202514 July 2025 | 1,710 sqft | 2,345,000 | 1,371 |
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 | ||
| 702 | 1-bed | 1,598 sqft | AED 1.5MAED 1,500,000 · Apr 2025April 2025 | ||
| 703 | 2-bed | 1,330 sqft | AED 1.68MAED 1,675,200 · Jun 2026June 2026 | 110,000 /yr | |
| 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 |
704, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 23 August 2023 for AED 1,786,500, or AED 1,065 per sqft.
- Three-beds in Welcome Residency sold for AED 1,920,000–2,075,000 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 23 August 2023.
Questions about 704, Welcome Residency
What did unit 704 last sell for?
AED 1,786,500 on 23 August 2023, sold by the developer: AED 1,065 per sqft for 1,677 sqft. It is the only registered sale of the unit.
How big is unit 704?
1,677 sqft (155.8 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2024.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Welcome Residency sold for AED 1,920,000 to 2,075,000 in the last 12 months, around AED 1,171 per sqft.
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Mortgage on 704, Welcome Residency
Starts from the last sale price (AED 1.79M, 23 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,786,500
- Deposit, UAE resident (20%)
- AED 357,300
- Deposit, non-resident (40%)
- AED 714,600
- Monthly over 25 years at 3.7%
- AED 7,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →