406, Welcome Residency
Sold prices and rental history: sold once, by the developer in August 2023, 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 406, Welcome Residency
What is 406 worth today?
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Source: Dubai Land Department. Updated 22 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,696 sqft
- Floor
- 4th of 7
- Parking
- G-104,G-105
- Developer
- Alseeb Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.87M · August 2023
- Building
- Welcome Residency
About 406, Welcome Residency
406 is a three-bedroom apartment of 1,696 sqft on the 4th floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 22 August 2023 for AED 1,865,913, or AED 1,099 per sqft, in line with the AED 1,099 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 406 over time
406 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 406 sits
All 14 3-beds →406 last sold in August 2023 at AED 1,099 per sqft, in line with what three-beds in Welcome Residency were fetching at the time (AED 1,099).
| 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 4th floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,524 sqft | AED 1.66MAED 1,661,555 · Feb 2024February 2024 | ||
| 402 | 2-bed | 1,498 sqft | AED 1.42MAED 1,419,329 · Jun 2024June 2024 | ||
| 403 | 2-bed | 1,341 sqft | AED 1.36MAED 1,363,250 · May 2023May 2023 | ||
| 404 | 2-bed | 1,345 sqft | AED 1.4MAED 1,397,488 · Jan 2023January 2023 | 115,000 /yr | |
| 405 | 2-bed | 1,328 sqft | AED 1.44MAED 1,440,000 · Feb 2026February 2026 | ||
| 407 | 2-bed | 1,342 sqft | AED 1.41MAED 1,408,808 · Dec 2022December 2022 | ||
| 408 | 2-bed | 1,341 sqft | AED 1.53MAED 1,532,903 · Jan 2023January 2023 | 120,000 /yr | |
| 409 | 3-bed | 1,697 sqft | AED 1.87MAED 1,866,742 · Aug 2023August 2023 | 155,000 /yr | |
| 410 | 2-bed | 1,328 sqft | AED 1.44MAED 1,438,202 · May 2023May 2023 | 130,000 /yr | |
| 411 | 2-bed | 1,345 sqft | AED 1.7MAED 1,700,000 · Jan 2025January 2025 | ||
| 412 | 2-bed | 1,342 sqft | AED 1.45MAED 1,451,948 · May 2023May 2023 | ||
| 413 | 2-bed | 1,499 sqft | AED 1.7MAED 1,700,000 · Oct 2024October 2024 | ||
| 414 | 2-bed | 1,516 sqft | AED 1.72MAED 1,716,789 · Aug 2023August 2023 |
406, Welcome Residency in numbers
- Sold once: by Alseeb Real Estate Development on 22 August 2023 for AED 1,865,913, or AED 1,099 per sqft.
Source: Dubai Land Department. Updated 22 August 2023.
Questions about 406, Welcome Residency
What did unit 406 last sell for?
AED 1,865,913 on 22 August 2023, sold by the developer: AED 1,099 per sqft for 1,696 sqft. It is the only registered sale of the unit.
How big is unit 406?
1,696 sqft (157.6 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2024.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 406, Welcome Residency
Starts from the last sale price (AED 1.87M, 22 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,865,913
- Deposit, UAE resident (20%)
- AED 373,183
- Deposit, non-resident (40%)
- AED 746,365
- Monthly over 25 years at 3.7%
- AED 7,634
Plus AED 83,379 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →