312, Welcome Residency
Sold prices and rental history: sold twice, last in January 2024, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Welcome Residency
What is 312 worth today?
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Source: Dubai Land Department. Updated 29 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,345 sqft
- Floor
- 3rd of 7
- Parking
- G-101
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.45M · January 2024
- Building
- Welcome Residency
About 312, Welcome Residency
312 is a two-bedroom apartment of 1,345 sqft on the 3rd floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. It last sold on 31 January 2024 for AED 1,451,254, or AED 1,079 per sqft, 6% above the AED 1,018 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 29 March 2024. The current contract, signed on 29 March 2024, is AED 135,000 a year: a gross yield of 9.3% on the 2024 price.
Sales and rents for 312 over time
312 has sold twice; 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 312 sits
All 77 2-beds →312 last sold in January 2024 at AED 1,079 per sqft, 6% above what two-beds in Welcome Residency were fetching at the time (AED 1,018). 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. 312's AED 135,000 is at the top 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 3rd floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,524 sqft | AED 1.68MAED 1,680,000 · Mar 2024March 2024 | 125,000 /yr | |
| 302 | 2-bed | 1,498 sqft | AED 1.8MAED 1,800,000 · Jan 2026January 2026 | ||
| 303 | 2-bed | 1,345 sqft | AED 1.75MAED 1,750,000 · Sep 2024September 2024 | 130,000 /yr | |
| 304 | 2-bed | 1,345 sqft | AED 1.33MAED 1,325,000 · Jan 2024January 2024 | ||
| 305 | 2-bed | 1,328 sqft | AED 1.85MAED 1,850,000 · Jan 2026January 2026 | ||
| 306 | 3-bed | 1,708 sqft | AED 1.97MAED 1,969,173 · Dec 2023December 2023 | ||
| 307 | 2-bed | 1,345 sqft | AED 1.92MAED 1,920,000 · Jul 2025July 2025 | ||
| 308 | 2-bed | 1,341 sqft | AED 1.46MAED 1,460,000 · Oct 2023October 2023 | ||
| 309 | 3-bed | 1,710 sqft | AED 2MAED 2,000,000 · Jan 2024January 2024 | ||
| 310 | 2-bed | 1,331 sqft | AED 1.4MAED 1,401,206 · Dec 2023December 2023 | ||
| 311 | 2-bed | 1,345 sqft | AED 1.33MAED 1,326,000 · Dec 2023December 2023 | ||
| 313 | 2-bed | 1,499 sqft | AED 1.5MAED 1,497,982 · Jan 2024January 2024 | ||
| 314 | 2-bed | 1,523 sqft | AED 1.69MAED 1,690,000 · Mar 2024March 2024 |
312, Welcome Residency in numbers
- Sold twice: first on 21 December 2022 for AED 1,207,452, last on 31 January 2024 for AED 1,451,254 (AED 1,079 per sqft).
- Rented since March 2024 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2024 price is 9.3%.
- 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 29 March 2024.
Questions about 312, Welcome Residency
What did unit 312 last sell for?
AED 1,451,254 on 31 January 2024: AED 1,079 per sqft for 1,345 sqft. The unit has 2 registered sales; the first was AED 1,207,452 in December 2022.
What is the rent for unit 312?
AED 135,000 a year on the contract signed on 29 March 2024.
How big is unit 312?
1,345 sqft (125.0 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2024.
What is unit 312 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 312, Welcome Residency
Starts from the last sale price (AED 1.45M, 31 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,451,254
- Deposit, UAE resident (20%)
- AED 290,251
- Deposit, non-resident (40%)
- AED 580,502
- Monthly over 25 years at 3.7%
- AED 5,938
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →