PropertyIndex

Welcome Residency

Completed|94 units · 1 building

Welcome Residency is a completed development by ALSEEB REAL ESTATE DEVELOPMENT L.L.C in Arjan, comprising 94 registered units. 131 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,193 per sqft. At AED 1,193 per sqft, Welcome Residency prices 1% above the Arjan median of AED 1,178 per sqft on registered sales.

PIX© price · 7.5% YoY
1.67MAED
Typical
1,193AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
131
DLD · all time
Rent contracts
153
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 3

2 Bed on Floor 3, Welcome Residency

Size
Record
Dec 2022 to Aug 2026
Owners
3
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
1Tenant 127 Aug 2026
Owner 3
3Owner 319 Jan 20268 mo
Current owner
2Owner 27 Feb 202423 mo
1Owner 121 Dec 202214 mo
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2 Bed · Floor 3 · Welcome Residency
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Welcome Residency

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,330 - 1,710 sqft
941.67M1,1937.5%88K5.2%
1 Bed · Apartment
1,598 sqft
2---
2 Bed · Apartment
1,330 - 1,544 sqft
78
3 Bed · Apartment
1,708 - 1,710 sqft
14
Sales - Project-Wide131 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
12 Aug 20263 BedWelcome Residency · Floor 41,7082,075,0001,215+11.2%StandardPayment Plan Sale
9 Jul 20262 BedWelcome Residency · Floor 21,3451,600,0001,190+18.5%Entry LevelStandard Sale
8 Jun 20262 BedWelcome Residency · Floor 71,3301,675,2001,2590.0%StandardPayment Plan Sale
Rentals - Project-Wide153 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
4 Sep 20263 BedWelcome Residency · Floor 21,708150,00088-StandardCONTRACT
1 Sep 20262 BedWelcome Residency · Floor 11,345125,00093-PremiumCERTIFICATE
27 Aug 20262 BedWelcome Residency · Floor 31,49860,00040-Entry LevelCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Arjan

The closest-priced registered projects in Arjan.

Common questions about Welcome Residency

Answered from Dubai Land Department registered transactions.

How much does a property in Welcome Residency cost?

Property in Welcome Residency sells at a current PIX© price of AED 1,193 per sqft, or about AED 1,674,028 for a typical unit, based on 131 sales registered with the Dubai Land Department.

Is Welcome Residency completed?

Yes. Welcome Residency is recorded as completed in the Dubai Land Department project register.

Who is the developer of Welcome Residency?

Welcome Residency is developed by ALSEEB REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Welcome Residency?

Welcome Residency yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 153 registered Ejari contracts.

How many units are in Welcome Residency?

Welcome Residency holds 94 registered units, per the Dubai Land Department unit register.

Have prices in Welcome Residency gone up or down?

Price per sqft has fallen -7.5% over the last 12 months, to AED 1,193, across 131 registered sales.