1-bed · 898 sqftForum Residences, Majan · 7th floor · completed 2023

704, Forum Residences

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

Unit 704 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 830K25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Forum Residences

What is 704 worth today?

Last sold for AED 830,000 in 2024

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25 Mar 2024SoldReady
AED 830,000AED 924 per sqft
8 Jun 2023Sold by developerOff-plan
AED 660,000AED 742 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
7th of 8
Parking
G-35
Developer
Varnada Real Estate Development
Completed
2023
Last sold
AED 830K · March 2024

About 704, Forum Residences

704 is a one-bedroom apartment of 898 sqft on the 7th floor of Forum Residences, a 8-storey tower in Majan completed in 2023 by Varnada Real Estate Development . It last sold on 25 March 2024 for AED 830,000, or AED 924 per sqft, 16% above the AED 800 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, June 2023: AED 660,000 (AED 742 per sqft)Sold, March 2024: AED 830,000 (AED 924 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Forum Residences
66K68K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 66,475; 2026 AED 68,000

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 704 sits

All 29 1-beds →

704 last sold in March 2024 at AED 924 per sqft, 16% above what one-beds in Forum Residences were fetching at the time (AED 800). 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.

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 7th floor

All 43 units in Forum Residences
Value
7011-bedAED 1.02M · Oct 2025
7021-bedAED 1.07M · May 2026
7031-bedAED 777K · May 2024
7052-bedAED 1.31M · Apr 2026
7062-bedAED 986K · Feb 2024

704, Forum Residences in numbers

  • Sold twice: first on 8 June 2023 for AED 660,000, last on 25 March 2024 for AED 830,000 (AED 924 per sqft).
  • 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 25 March 2024.

Questions about 704, Forum Residences

What did unit 704 last sell for?

AED 830,000 on 25 March 2024: AED 924 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 660,000 in June 2023.

How big is unit 704?

898 sqft (83.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 704 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 704, Forum Residences

Starts from the last sale price (AED 830K, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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