111, Welcome Residency
Sold prices and rental history: sold once, by the developer in January 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 111, Welcome Residency
What is 111 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,340 sqft
- Floor
- 1st of 7
- Parking
- G-09
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.33M · January 2023
- Building
- Welcome Residency
About 111, Welcome Residency
111 is a two-bedroom apartment of 1,340 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 23 January 2023 for AED 1,330,999, or AED 993 per sqft, 5% above the AED 944 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 April 2025, is AED 120,000 a year: a gross yield of 9.0% on the 2023 price.
Sales and rents for 111 over time
111 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 111 sits
All 77 2-beds →111 last sold in January 2023 at AED 993 per sqft, 5% 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. 111's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,331 sqft | 1,440,000 | 1,081 | ||
| 21 Jan 202621 January 2026 | 1,331 sqft | 1,850,000 | 1,389 | ||
| 19 Jan 202619 January 2026 | 1,498 sqft | 1,800,000 | 1,201 | ||
| 15 Dec 202515 December 2025 | 1,344 sqft | 1,910,000 | 1,421 |
Welcome Residency
Building94 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%
Other units on the 1st floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,524 sqft | AED 1.6MAED 1,600,000 · Dec 2024December 2024 | ||
| 102 | 2-bed | 1,494 sqft | AED 1.47MAED 1,469,628 · Aug 2023August 2023 | 125,000 /yr | |
| 103 | 2-bed | 1,341 sqft | AED 1.4MAED 1,398,817 · Aug 2023August 2023 | 130,000 /yr | |
| 104 | 2-bed | 1,345 sqft | AED 1.55MAED 1,550,000 · May 2024May 2024 | ||
| 105 | 2-bed | 1,328 sqft | AED 1.39MAED 1,386,955 · Aug 2023August 2023 | ||
| 106 | 3-bed | 1,696 sqft | AED 1.91MAED 1,906,099 · Aug 2023August 2023 | ||
| 107 | 2-bed | 1,342 sqft | AED 1.53MAED 1,533,808 · Aug 2023August 2023 | ||
| 108 | 2-bed | 1,341 sqft | AED 1.56MAED 1,562,903 · Jan 2023January 2023 | ||
| 109 | 3-bed | 1,710 sqft | AED 2.35MAED 2,345,000 · Jul 2025July 2025 | 150,000 /yr | |
| 110 | 2-bed | 1,328 sqft | AED 1.26MAED 1,261,342 · Jul 2023July 2023 | 110,000 /yr | |
| 112 | 2-bed | 1,342 sqft | AED 1.21MAED 1,210,807 · Aug 2023August 2023 | 125,000 /yr | |
| 113 | 2-bed | 1,499 sqft | AED 1.47MAED 1,469,725 · Sep 2023September 2023 | 120,000 /yr | |
| 114 | 2-bed | 1,523 sqft | AED 1.44MAED 1,440,190 · Sep 2023September 2023 |
111, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 23 January 2023 for AED 1,330,999, or AED 993 per sqft.
- Rented since March 2024 on 2 Ejari contracts, from AED 110,000 to 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 1,295 per sqft.
Source: Dubai Land Department. Updated 15 April 2025.
Questions about 111, Welcome Residency
What did unit 111 last sell for?
AED 1,330,999 on 23 January 2023, sold by the developer: AED 993 per sqft for 1,340 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 120,000 a year on the contract signed on 15 April 2025. The previous contract, from March 2024, was AED 110,000.
How big is unit 111?
1,340 sqft (124.5 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2024.
What is unit 111 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 111, Welcome Residency
Starts from the last sale price (AED 1.33M, 23 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,330,999
- Deposit, UAE resident (20%)
- AED 266,200
- Deposit, non-resident (40%)
- AED 532,400
- Monthly over 25 years at 3.7%
- AED 5,446
Plus AED 60,912 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →