And indeed, for him is nearness to Us and a good place (38:40)

Almuntakhab Fi Tafsir Alquran Alkarim

And he enjoyed endearment and high station of dignity and distinction in the company of those in Our realm of heaven and excellent shall be his final place of destination

Tafseer Tafheem-ul-Quran by Syed Abu-al-A'la Maududi

(38:40) Indeed an exalted position of nearness awaits him and an excellent resort. *40

And indeed, for him is nearness to Us and a good place meaning

*40) Here, the object is to tell that just as a servant's arrogance causes Allah's displeasure and wrath, so does his humility earns Allah's pleasure and approval for him. If a servant commits an error and becomes even more arrogant when warned, he is led to the same fate as is being mentioned in connection with the story of Adam and Satan below. Contrary to this, if a servant happens to commit an error and he repents and bows down before his Lord humbly, he is blessed with such bounties as the Prophets David and Solomon were blessed with. The prayer that Solomon had made after seeking Allah's forgiveness, was literally fulfilled and Allah actually granted him a kingdom as had neither been granted to anyone before him nor bestowed on anyone after him. Having control over the winds and the jinns is an extraordinary power, which has been granted only to the Prophet Solomon and to none else in human history.
 

And indeed, for him is nearness to Us and a good place meaning in Urdu

یقیناً اُس کے لیے ہمارے ہاں تقرب کا مقام اور بہتر انجام ہے