203, Welcome Residency
Sold prices and rental history: sold once, by the developer in December 2022, 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 203, Welcome Residency
What is 203 worth today?
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Source: Dubai Land Department. Updated 26 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,341 sqft
- Floor
- 2nd of 7
- Parking
- 1
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.27M · December 2022
- Building
- Welcome Residency
About 203, Welcome Residency
203 is a two-bedroom apartment of 1,341 sqft on the 2nd floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 26 December 2022 for AED 1,273,817, or AED 949 per sqft, in line with the AED 922 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 203 over time
203 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 203 sits
All 77 2-beds →203 last sold in December 2022 at AED 949 per sqft, in line with what two-beds in Welcome Residency were fetching at the time (AED 922). 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 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 2nd floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,515 sqft | AED 1.38MAED 1,381,992 · Mar 2023March 2023 | ||
| 202 | 2-bed | 1,498 sqft | AED 1.76MAED 1,760,000 · Jul 2025July 2025 | ||
| 204 | 2-bed | 1,339 sqft | AED 1.16MAED 1,157,294 · Jun 2023June 2023 | 115,000 /yr | |
| 205 | 2-bed | 1,328 sqft | AED 1.26MAED 1,261,955 · Dec 2022December 2022 | 120,000 /yr | |
| 206 | 3-bed | 1,696 sqft | AED 1.6MAED 1,602,989 · Sep 2023September 2023 | 170,000 /yr | |
| 207 | 2-bed | 1,342 sqft | AED 1.35MAED 1,350,000 · Jun 2023June 2023 | 122,500 /yr | |
| 208 | 2-bed | 1,344 sqft | AED 1.91MAED 1,910,000 · Dec 2025December 2025 | ||
| 209 | 3-bed | 1,710 sqft | AED 2.17MAED 2,170,000 · Apr 2024April 2024 | ||
| 210 | 2-bed | 1,328 sqft | AED 1.26MAED 1,261,342 · Dec 2022December 2022 | 125,000 /yr | |
| 211 | 2-bed | 1,345 sqft | AED 1.55MAED 1,550,000 · May 2024May 2024 | ||
| 212 | 2-bed | 1,342 sqft | AED 1.27MAED 1,274,533 · Jan 2023January 2023 | 127,000 /yr | |
| 213 | 2-bed | 1,499 sqft | AED 1.29MAED 1,290,936 · Feb 2025February 2025 | ||
| 214 | 2-bed | 1,523 sqft | AED 1.69MAED 1,690,000 · May 2024May 2024 |
203, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 26 December 2022 for AED 1,273,817, or AED 949 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 26 December 2022.
Questions about 203, Welcome Residency
What did unit 203 last sell for?
AED 1,273,817 on 26 December 2022, sold by the developer: AED 949 per sqft for 1,341 sqft. It is the only registered sale of the unit.
How big is unit 203?
1,341 sqft (124.6 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2024.
What is unit 203 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 203, Welcome Residency
Starts from the last sale price (AED 1.27M, 26 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,273,817
- Deposit, UAE resident (20%)
- AED 254,763
- Deposit, non-resident (40%)
- AED 509,527
- Monthly over 25 years at 3.7%
- AED 5,212
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →