2-bed · 1,160 sqftForum Residences, Majan · 4th floor · completed 2023

406, Forum Residences

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 875K7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Forum Residences

What is 406 worth today?

Last sold for AED 875,000 in 2024

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7 Feb 2024Sold by developerOff-plan
AED 875,000AED 754 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Floor
4th of 8
Parking
1
Developer
Varnada Real Estate Development
Completed
2023
Last sold
AED 875K · February 2024

About 406, Forum Residences

406 is a two-bedroom apartment of 1,160 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 7 February 2024 for AED 875,000, or AED 754 per sqft, 5% below 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 406 over time

Sales
Unit 406, each saleTypical two-bed in Forum Residences
800K1M1.2M20232024202520262027Typical sale price by year: 2023 AED 918,750; 2024 AED 955,000; 2026 AED 1,305,000Sold by developer, February 2024: AED 875,000 (AED 754 per sqft)

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

2-beds in Forum Residences, and where 406 sits

All 14 2-beds →

406 last sold in February 2024 at AED 754 per sqft, 5% below 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
4052-bedAED 900K · Jun 2023

406, Forum Residences in numbers

  • Sold once: by Varnada Real Estate Development on 7 February 2024 for AED 875,000, or AED 754 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 7 February 2024.

Questions about 406, Forum Residences

What did unit 406 last sell for?

AED 875,000 on 7 February 2024, sold by the developer: AED 754 per sqft for 1,160 sqft. It is the only registered sale of the unit.

How big is unit 406?

1,160 sqft (107.8 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.

What is unit 406 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 406, Forum Residences

Starts from the last sale price (AED 875K, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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