2-bed · 1,341 sqftWelcome Residency, Arjan · 1st floor · completed 2024

108, Welcome Residency

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

Unit 108 · DLD and Ejari recordsUpdated 25 January 2023
Last soldAED 1.56M25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Welcome Residency

What is 108 worth today?

Last sold for AED 1,562,903 in 2023

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25 Jan 2023Sold by developerOff-plan
AED 1,562,903AED 1,165 per sqft

Source: Dubai Land Department. Updated 25 January 2023.

Key facts

Type
2-bed apartment
Size
1,341 sqft
Floor
1st of 7
Parking
G-07
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.56M · January 2023

About 108, Welcome Residency

108 is a two-bedroom apartment of 1,341 sqft on the 1st floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 25 January 2023 for AED 1,562,903, or AED 1,165 per sqft, 23% above the AED 944 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in Welcome Residency
1.25M1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,264,534; 2023 AED 1,419,431; 2024 AED 1,550,000; 2025 AED 1,700,000; 2026 AED 1,800,000Sold by developer, January 2023: AED 1,562,903 (AED 1,165 per sqft)

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

Rents
Unit 108, each contractTypical two-bed in Welcome Residency
120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000

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 108 sits

All 77 2-beds →

108 last sold in January 2023 at AED 1,165 per sqft, 23% above what two-beds in Welcome Residency were fetching at the time (AED 944). Over the last 12 months two-beds sold for AED 1,440,000 to 1,910,000, around AED 1,295 per sqft, and rent for AED 110,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,440,000
21 Jan 20261,850,000
19 Jan 20261,800,000
15 Dec 20251,910,000
4 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. 4 sold in the last 12 months.

Typical price per sqft
AED 1,295
Typical sale
AED 1.83M
Typical rent
AED 120K /yr
Typical yield
6.9%
Welcome Residency, Arjan: prices, sales and rents →

Other units on the 1st floor

All 94 units in Welcome Residency
Value
1012-bedAED 1.6M · Dec 2024
1022-bedAED 1.47M · Aug 2023
1032-bedAED 1.4M · Aug 2023
1042-bedAED 1.55M · May 2024
1052-bedAED 1.39M · Aug 2023
1063-bedAED 1.91M · Aug 2023
1072-bedAED 1.53M · Aug 2023
1–7 of 13

108, Welcome Residency in numbers

  • Sold once: by Alseeb Real Estate Development on 25 January 2023 for AED 1,562,903, or AED 1,165 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 1,295 per sqft.

Source: Dubai Land Department. Updated 25 January 2023.

Questions about 108, Welcome Residency

What did unit 108 last sell for?

AED 1,562,903 on 25 January 2023, sold by the developer: AED 1,165 per sqft for 1,341 sqft. It is the only registered sale of the unit.

How big is unit 108?

1,341 sqft (124.6 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2024.

What is unit 108 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 1,295 per sqft.

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Mortgage on 108, Welcome Residency

Starts from the last sale price (AED 1.56M, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,562,903
Deposit, UAE resident (20%)
AED 312,581
Deposit, non-resident (40%)
AED 625,161
Monthly over 25 years at 3.7%
AED 6,394

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