2-bed · 1,154 sqftForum Residences, Majan · 4th floor · completed 2023

405, Forum Residences

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 900K8 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Forum Residences

What is 405 worth today?

Last sold for AED 900,000 in 2023

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8 Jun 2023Sold by developerOff-plan
AED 900,000AED 779 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
2-bed apartment
Size
1,154 sqft
Floor
4th of 8
Parking
1
Developer
Varnada Real Estate Development
Completed
2023
Last sold
AED 900K · June 2023

About 405, Forum Residences

405 is a two-bedroom apartment of 1,154 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 8 June 2023 for AED 900,000, or AED 779 per sqft, in line with the AED 795 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Forum Residences
1M1.2M20232024202520262027Typical sale price by year: 2023 AED 918,750; 2024 AED 955,000; 2026 AED 1,305,000Sold by developer, June 2023: AED 900,000 (AED 779 per sqft)

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

2-beds in Forum Residences, and where 405 sits

All 14 2-beds →

405 last sold in June 2023 at AED 779 per sqft, in line with what two-beds in Forum Residences were fetching at the time (AED 795). Over the last 12 months two-beds sold for AED 1,300,000 to 1,310,000, around AED 1,126 per sqft, and rent for AED 93,386 to 93,386 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Apr 20261,305,000
28 Mar 20261,310,000
11 Feb 20261,300,000
20 Apr 20251,320,000
3 2-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
4041-bedAED 623K · Jan 2024
4062-bedAED 875K · Feb 2024

405, Forum Residences in numbers

  • Sold once: by Varnada Real Estate Development on 8 June 2023 for AED 900,000, or AED 779 per sqft.
  • Two-beds in Forum Residences sold for AED 1,300,000–1,310,000 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 8 June 2023.

Questions about 405, Forum Residences

What did unit 405 last sell for?

AED 900,000 on 8 June 2023, sold by the developer: AED 779 per sqft for 1,154 sqft. It is the only registered sale of the unit.

How big is unit 405?

1,154 sqft (107.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Forum Residences sold for AED 1,300,000 to 1,310,000 in the last 12 months, around AED 1,126 per sqft.

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Mortgage on 405, Forum Residences

Starts from the last sale price (AED 900K, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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