206, Welcome Residency
Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Welcome Residency
What is 206 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 25 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,696 sqft
- Floor
- 2nd of 7
- Parking
- G-81,G-82
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.6M · September 2023
- Building
- Welcome Residency
About 206, Welcome Residency
206 is a three-bedroom apartment of 1,696 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 6 September 2023 for AED 1,602,989, or AED 944 per sqft, 11% below the AED 1,065 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 March 2025. The current contract, signed on 25 March 2025, is AED 170,000 a year: a gross yield of 10.6% on the 2023 price.
Sales and rents for 206 over time
206 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 206 sits
All 14 3-beds →206 last sold in September 2023 at AED 944 per sqft, 11% below what three-beds in Welcome Residency were fetching at the time (AED 1,065).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202514 July 2025 | 1,710 sqft | 2,345,000 | 1,371 | ||
| 4 Apr 20244 April 2024 | 1,710 sqft | 2,170,000 | 1,269 | ||
| 12 Mar 202412 March 2024 | 1,708 sqft | 1,877,595 | 1,099 | ||
| 22 Jan 202422 January 2024 | 1,710 sqft | 2,000,000 | 1,169 |
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 | ||
| 203 | 2-bed | 1,341 sqft | AED 1.27MAED 1,273,817 · Dec 2022December 2022 | ||
| 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 | |
| 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 |
206, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 6 September 2023 for AED 1,602,989, or AED 944 per sqft.
- Rented since March 2025 on one Ejari contract, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2023 price is 10.6%.
Source: Dubai Land Department. Updated 25 March 2025.
Questions about 206, Welcome Residency
What did unit 206 last sell for?
AED 1,602,989 on 6 September 2023, sold by the developer: AED 944 per sqft for 1,696 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 170,000 a year on the contract signed on 25 March 2025.
How big is unit 206?
1,696 sqft (157.6 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2024.
What is unit 206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 206? 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 206, Welcome Residency
Starts from the last sale price (AED 1.6M, 6 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,602,989
- Deposit, UAE resident (20%)
- AED 320,598
- Deposit, non-resident (40%)
- AED 641,196
- Monthly over 25 years at 3.7%
- AED 6,558
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →