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Sold for AED 1,850,000: 2-Bedroom Apartment in Welcome Residency

Located in Arjan, Dubai. Its price per sqft is +16% vs the Welcome Residency median (AED 1,201/sqft).

Sale price

AED 1,850,000

Per sqft
AED 1,390
Registered
21 Jan 2026, 12:35 (Dubai)
Welcome Residency, Dubai

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Welcome Residency: same layout, exact size (1,331 sqft) and parking bay G-92. The registry has no unit numbers, so records are matched on these details.

  1. 21 Jan 2026This sale

    1,331 sqft · AED 1,390/sqft · Ready

    First recordAED 1,850,000
  2. 21 Jan 2026Mortgage

    Same day as previous · 1,331 sqft · AED 1,112/sqft · Ready

    20%lower than the previous recordAED 1,480,000
Records
2
Registered
Same day
as the mortgage, 21 Jan 2026
Loan to value
80%
AED 1.48M mortgage on the AED 1.85M sale

02 / The property

Property details

Size
1,331 sqft · 123.66 m²
Bedrooms
2 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
G-92
Nearest metro
Sharaf Dg Metro Station
Nearest mall
Mall of the Emirates
Nearest landmark
Motor City

03 / Comparables

All sales in Welcome Residency (19 Jan 2026 – 24 Sept 2026)

9 market sales. Percentages compare each sale with this one.

Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
24 Sept 20261.52M−18% vs selected1,127−19% vs selected
17 Sept 20261.72M−7% vs selected1,147−17% vs selected
12 Aug 20262.08M+12% vs selected1,215−13% vs selected
9 Jul 20261.6M−14% vs selected1,190−14% vs selected
8 Jun 20261.68M−9% vs selected1,259−9% vs selected
15 Apr 20261.92M+4% vs selected1,124−19% vs selected
1 Apr 20261.69M−9% vs selected1,253−10% vs selected
2 BR · 1,331 sqftReadySelected sale
21 Jan 20261.85M1,390
19 Jan 20261.8M−3% vs selected1,201−14% vs selected

04 / Renting it out

What similar apartments rent for

Median of 3 market rents of apartments of 1,131–1,531 sq ft in Welcome Residency. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

Median rent / yr
AED 100,000
Per sqft / yr
AED 71/sqft
Gross yield
5.4%