502, Forum Residences
Sold prices and rental history: sold once, by the developer in September 2026, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Forum Residences
What is 502 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 986 sqft
- Floor
- 5th of 8
- Parking
- G-31
- Developer
- Varnada Real Estate Development
- Completed
- 2023
- Last sold
- AED 1.07M · September 2026
- Building
- Forum Residences
About 502, Forum Residences
502 is a one-bedroom apartment of 986 sqft on the 5th floor of Forum Residences, a 8-storey tower in Majan completed in 2023 by Varnada Real Estate Development . The developer sold it on 10 September 2026 for AED 1,070,000, or AED 1,084 per sqft, in line with the AED 1,074 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 75,103 a year: a gross yield of 7.0% on the 2026 price.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 29 1-beds →502 last sold in September 2026 at AED 1,084 per sqft, in line with what one-beds in Forum Residences were fetching at the time (AED 1,074). 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. 502's AED 75,103 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 898 sqft | 1,020,000 | 1,135 | ||
| 12 Aug 202612 August 2026 | 987 sqft | 1,030,000 | 1,043 | ||
| 7 May 20267 May 2026 | 986 sqft | 1,070,000 | 1,084 | ||
| 28 Apr 202628 April 2026 | 986 sqft | 1,060,000 | 1,074 |
Forum Residences
Building43 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%
Other units on the 5th floor
All 43 units in Forum Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 987 sqft | AED 840KAED 840,000 · Apr 2024April 2024 | ||
| 503 | 1-bed | 919 sqft | No registered sale | 65,100 /yr | |
| 504 | 1-bed | 898 sqft | AED 840KAED 840,000 · Jun 2024June 2024 | 68,000 /yr | |
| 505 | 2-bed | 1,158 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | ||
| 506 | 2-bed | 1,158 sqft | AED 1.3MAED 1,300,000 · Feb 2026February 2026 |
502, Forum Residences in numbers
- Sold once: by Varnada Real Estate Development on 10 September 2026 for AED 1,070,000, or AED 1,084 per sqft.
- Rented since April 2024 on 5 Ejari contracts, from AED 65,000 to AED 75,103 a year.
- At AED 75,103 a year the gross yield on the 2026 price is 7.0%.
- 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 10 September 2026.
Questions about 502, Forum Residences
What did unit 502 last sell for?
AED 1,070,000 on 10 September 2026, sold by the developer: AED 1,084 per sqft for 986 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 75,103 a year on the contract renewed on 1 April 2026. The previous contract, from April 2026, was AED 66,000; the unit has been rented since April 2024.
How big is unit 502?
986 sqft (91.6 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.
What is unit 502 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 502, Forum Residences
Starts from the last sale price (AED 1.07M, 10 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →