1-bed · 919 sqftForum Residences, Majan · 5th floor · completed 2023

503, Forum Residences

Sold prices and rental history: no registered sale, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 13 March 2025
Current rentAED 65K /yr13 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Forum Residences

What is 503 worth today?

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13 Mar 2025RentedNew contract
AED 65,100/yr12 months · AED 71 per sqft
13 Mar 2025RentedNew contract
AED 65,100/yr12 months · AED 71 per sqft
13 Mar 2024RentedNew contract
AED 62,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 13 March 2025.

Key facts

Type
1-bed apartment
Size
919 sqft
Floor
5th of 8
Parking
G-20
Developer
Varnada Real Estate Development
Completed
2023
Last sold
No registered sale

About 503, Forum Residences

503 is a one-bedroom apartment of 919 sqft on the 5th floor of Forum Residences, a 8-storey tower in Majan completed in 2023 by Varnada Real Estate Development . No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 13 March 2025, is AED 65,100 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 1,060,000

No registered sale of 503; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Forum Residences
65K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 66,475; 2026 AED 68,000New contract, March 2024: AED 62,000 a yearNew contract, March 2025: AED 65,100 a yearNew contract, March 2025: AED 65,100 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 503 sits

All 29 1-beds →

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. 503's AED 65,100 is at the bottom 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 5th floor

All 43 units in Forum Residences
Value
5011-bedAED 840K · Apr 2024
5021-bedAED 1.07M · Sep 2026
5041-bedAED 840K · Jun 2024
5052-bedAED 1.2M · May 2024
5062-bedAED 1.3M · Feb 2026

503, Forum Residences in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2024 on 3 Ejari contracts, from AED 62,000 to AED 65,100 a year.
  • 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 13 March 2025.

Questions about 503, Forum Residences

What is the rent for unit 503?

AED 65,100 a year on the contract signed on 13 March 2025. The previous contract, from March 2025, was AED 65,100; the unit has been rented since March 2024.

How big is unit 503?

919 sqft (85.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 503 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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