709, 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 709, Welcome Residency
What is 709 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,594 sqft
- Floor
- 7th of 7
- Parking
- G-110
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.25M · August 2023
- Building
- Welcome Residency
About 709, Welcome Residency
709 is a one-bedroom apartment of 1,594 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 August 2023 for AED 1,250,000, or AED 784 per sqft.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 21 September 2026, is AED 93,000 a year: a gross yield of 7.4% on the 2023 price.
1-beds in Welcome Residency, and where 709 sits
All 2 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Apr 202528 April 2025 | 1,598 sqft | 1,500,000 | 938 |
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 | |
| 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 | |
| 710 | 2-bed | 1,541 sqft | AED 1.74MAED 1,741,789 · Sep 2023September 2023 | 115,000 /yr |
709, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 28 August 2023 for AED 1,250,000, or AED 784 per sqft.
- Rented since March 2024 on 3 Ejari contracts, from AED 97,000 to AED 93,000 a year.
- At AED 93,000 a year the gross yield on the 2023 price is 7.4%.
Source: Dubai Land Department. Updated 21 September 2026.
Questions about 709, Welcome Residency
What did unit 709 last sell for?
AED 1,250,000 on 28 August 2023, sold by the developer: AED 784 per sqft for 1,594 sqft. It is the only registered sale of the unit.
What is the rent for unit 709?
AED 93,000 a year on the contract signed on 21 September 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since March 2024.
How big is unit 709?
1,594 sqft (148.1 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2024.
What is unit 709 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 709? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 709, Welcome Residency
Starts from the last sale price (AED 1.25M, 28 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →