
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.
Property timeline for 606, Welcome Residency
What is 606 worth today?
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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
- Building
- Welcome Residency
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
606 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 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 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 | ||
| 22 Jan 202422 January 2024 | 1,710 sqft | 2,000,000 | 1,169 | ||
| 22 Dec 202322 December 2023 | 1,708 sqft | 1,969,173 | 1,153 |
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 6th floor
All 94 units in Welcome Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,517 sqft | AED 1.56MAED 1,559,055 · Aug 2023August 2023 | ||
| 602 | 2-bed | 1,498 sqft | AED 1.44MAED 1,439,943 · Sep 2023September 2023 | ||
| 603 | 2-bed | 1,339 sqft | AED 1.34MAED 1,335,226 · Aug 2023August 2023 | 120,000 /yr | |
| 604 | 2-bed | 1,342 sqft | AED 1.32MAED 1,322,488 · Sep 2023September 2023 | 125,000 /yr | |
| 605 | 2-bed | 1,328 sqft | AED 1.31MAED 1,309,456 · Aug 2023August 2023 | 115,500 /yr | |
| 607 | 2-bed | 1,342 sqft | AED 1.46MAED 1,458,808 · Aug 2023August 2023 | 120,000 /yr | |
| 608 | 2-bed | 1,341 sqft | AED 1.46MAED 1,457,903 · Jul 2023July 2023 | ||
| 609 | 3-bed | 1,679 sqft | AED 1.92MAED 1,915,913 · Sep 2023September 2023 | ||
| 610 | 2-bed | 1,330 sqft | AED 1.33MAED 1,328,130 · Sep 2023September 2023 | ||
| 611 | 2-bed | 1,342 sqft | AED 1.32MAED 1,322,999 · Sep 2023September 2023 | ||
| 612 | 2-bed | 1,345 sqft | AED 1.38MAED 1,377,698 · Sep 2023September 2023 | ||
| 613 | 2-bed | 1,494 sqft | AED 1.47MAED 1,469,431 · Sep 2023September 2023 | 120,000 /yr | |
| 614 | 2-bed | 1,522 sqft | AED 1.61MAED 1,608,953 · Mar 2024March 2024 | 125,000 /yr |
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 →