Dubai Land Department Off-Plan Register

Welcome Residency Launch Prices

Off-plan in Arjan · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

91 developer launch sales registered at Welcome Residency between Dec 2022 and Oct 2023: 100% apartments, most commonly 2-bed units, typically around 1,342 sqft.

Launch sales
91
DLD off-plan registrations, all time
Median launch /sqft
AED 997
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,145,2392,040,913
Min – max registered

Bed mix: 1-bed 1% · 2-bed 85% · 3-bed 14%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Welcome Residency, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2022 Q418AED 945
2023 Q110AED 957
2023 Q214AED 1,035
2023 Q348AED 1,043
2023 Q41AED 1,089
Two different markets

Launch vs Resale

Welcome Residency also has 16 ready-market resales registered with the DLD, the first on 13 December 2023 - 12 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
16
5 in the last 2 years
Resale median /sqft
AED 1,201
last 2 years
Resale vs launch
+20%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Welcome Residency →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,341 sqft · 18 October 2023
AED 1,460,000
AED 1,089 /sqft
Apartment · 2 Bed
1,541 sqft · 25 September 2023
AED 1,741,789
AED 1,130 /sqft
Apartment · 2 Bed
1,328 sqft · 21 September 2023
AED 1,328,130
AED 1,000 /sqft
Apartment · 2 Bed
1,340 sqft · 18 September 2023
AED 1,377,698
AED 1,028 /sqft
Apartment · 2 Bed
1,494 sqft · 18 September 2023
AED 1,469,725
AED 984 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Arjan

Off-plan in Arjan

Compare this project with every other off-plan launch registered in Arjan, or see the community's resale market.

All Arjan projects

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