3-bed · 1,708 sqftWelcome Residency, Arjan · 6th floor · completed 2024

606, Welcome Residency

Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 1.88M12 March 2024
Current rentAED 150K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Welcome Residency

What is 606 worth today?

Last sold for AED 1,877,595 in 2024

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20 Feb 2025RentedRenewal
AED 150,000/yr12 months · AED 88 per sqft
12 Mar 2024Sold by developerReady
AED 1,877,595AED 1,099 per sqft
20 Feb 2024RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
3-bed apartment
Size
1,708 sqft
Floor
6th of 7
Parking
G-63,G-64
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.88M · March 2024

About 606, Welcome Residency

606 is a three-bedroom apartment of 1,708 sqft on the 6th floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 12 March 2024 for AED 1,877,595, or AED 1,099 per sqft, in line with the AED 1,099 three-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 150,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical three-bed in Welcome Residency
1.9M2M202320242025Typical sale price by year: 2023 AED 1,866,328; 2024 AED 2,000,000Sold by developer, March 2024: AED 1,877,595 (AED 1,099 per sqft)

606 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 606, each contractTypical three-bed in Welcome Residency
140K160K202420252026Typical rent by year: 2024 AED 150,000; 2025 AED 150,000New contract, February 2024: AED 150,000 a yearRenewal, February 2025: AED 150,000 a year

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 606 sits

All 14 3-beds →

606 last sold in March 2024 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 salesUnit no.Price (AED)Summary
14 Jul 20252,345,000
4 Apr 20242,170,000
22 Jan 20242,000,000
22 Dec 20231,969,173
0 3-bed sales in the last 12 months

Welcome Residency

Building

94 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%
Welcome Residency, Arjan: prices, sales and rents →

Other units on the 6th floor

All 94 units in Welcome Residency
Value
6012-bedAED 1.56M · Aug 2023
6022-bedAED 1.44M · Sep 2023
6032-bedAED 1.34M · Aug 2023
6042-bedAED 1.32M · Sep 2023
6052-bedAED 1.31M · Aug 2023
6072-bedAED 1.46M · Aug 2023
6082-bedAED 1.46M · Jul 2023
1–7 of 13

606, Welcome Residency in numbers

  • Sold once: by Alseeb Real Estate Development on 12 March 2024 for AED 1,877,595, or AED 1,099 per sqft.
  • Rented since February 2024 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 8.0%.

Source: Dubai Land Department. Updated 20 February 2025.

Questions about 606, Welcome Residency

What did unit 606 last sell for?

AED 1,877,595 on 12 March 2024, sold by the developer: AED 1,099 per sqft for 1,708 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 150,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 150,000.

How big is unit 606?

1,708 sqft (158.7 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2024.

What is unit 606 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 606, Welcome Residency

Starts from the last sale price (AED 1.88M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,877,595
Deposit, UAE resident (20%)
AED 375,519
Deposit, non-resident (40%)
AED 751,038
Monthly over 25 years at 3.7%
AED 7,682

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →