1-bed · 889 sqftForum Residences, Majan · 4th floor · completed 2023

404, Forum Residences

Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 623K28 January 2024
Current rentAED 72K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Forum Residences

What is 404 worth today?

Last sold for AED 623,100 in 2024

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12 Aug 2026RentedRenewal
AED 72,000/yr4 months · AED 81 per sqft
12 Aug 2025RentedNew contract
AED 72,000/yr12 months · AED 81 per sqft
26 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
28 Jan 2024Sold by developerOff-plan
AED 623,100AED 700 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
4th of 8
Parking
G-04
Developer
Varnada Real Estate Development
Completed
2023
Last sold
AED 623K · January 2024

About 404, Forum Residences

404 is a one-bedroom apartment of 889 sqft on the 4th floor of Forum Residences, a 8-storey tower in Majan completed in 2023 by Varnada Real Estate Development . The developer sold it on 28 January 2024 for AED 623,100, or AED 700 per sqft, 6% below the AED 742 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 12 August 2026, is AED 72,000 a year: a gross yield of 11.6% on the 2024 price.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Forum Residences
600K800K1M20232024202520262027Typical sale price by year: 2023 AED 670,000; 2024 AED 777,000; 2025 AED 1,000,000; 2026 AED 1,060,000Sold by developer, January 2024: AED 623,100 (AED 700 per sqft)

404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Forum Residences
65K70K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 66,475; 2026 AED 68,000New contract, April 2024: AED 65,000 a yearNew contract, August 2025: AED 72,000 a yearRenewal, August 2026: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Forum Residences, and where 404 sits

All 29 1-beds →

404 last sold in January 2024 at AED 700 per sqft, 6% below what one-beds in Forum Residences were fetching at the time (AED 742). Over the last 12 months one-beds sold for AED 1,020,000 to 1,070,000, around AED 1,084 per sqft, and rent for AED 65,634 to 75,103 a year. 404's AED 72,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,020,000
10 Sep 20261,070,000
12 Aug 20261,030,000
7 May 20261,070,000
5 1-bed sales in the last 12 months

Forum Residences

Building

43 apartments, 1-bed to 2-bed over 8 floors in Majan, completed in 2023 by Varnada Real Estate Development . 8 sold in the last 12 months.

Typical price per sqft
AED 1,103
Typical sale
AED 1.07M
Typical rent
AED 68K /yr
Typical yield
6.8%
Forum Residences, Majan: prices, sales and rents →

Other units on the 4th floor

All 43 units in Forum Residences
Value
4011-bedAED 819K · Mar 2024
4052-bedAED 900K · Jun 2023
4062-bedAED 875K · Feb 2024

404, Forum Residences in numbers

  • Sold once: by Varnada Real Estate Development on 28 January 2024 for AED 623,100, or AED 700 per sqft.
  • Rented since April 2024 on 3 Ejari contracts, from AED 65,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2024 price is 11.6%.
  • One-beds in Forum Residences sold for AED 1,020,000–1,070,000 in the 12 months to November 2026; the building's median across all types is AED 1,103 per sqft.

Source: Dubai Land Department. Updated 12 August 2026.

Questions about 404, Forum Residences

What did unit 404 last sell for?

AED 623,100 on 28 January 2024, sold by the developer: AED 700 per sqft for 889 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 72,000 a year on the contract renewed on 12 August 2026. The previous contract, from August 2025, was AED 72,000; the unit has been rented since April 2024.

How big is unit 404?

889 sqft (82.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Forum Residences sold for AED 1,020,000 to 1,070,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 404, Forum Residences

Starts from the last sale price (AED 623K, 28 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 623,100
Deposit, UAE resident (20%)
AED 124,620
Deposit, non-resident (40%)
AED 249,240
Monthly over 25 years at 3.7%
AED 2,549

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →