501, Forum Residences
Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Forum Residences
What is 501 worth today?
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Source: Dubai Land Department. Updated 23 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 5th of 8
- Parking
- G-12
- Developer
- Varnada Real Estate Development
- Completed
- 2023
- Last sold
- AED 840K · April 2024
- Building
- Forum Residences
About 501, Forum Residences
501 is a one-bedroom apartment of 987 sqft on the 5th floor of Forum Residences, a 8-storey tower in Majan completed in 2023 by Varnada Real Estate Development . It last sold on 23 April 2024 for AED 840,000, or AED 850 per sqft, 5% above the AED 808 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 21 1-beds →501 last sold in April 2024 at AED 850 per sqft, 5% above what one-beds in Forum Residences were fetching at the time (AED 808).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 898 sqft | 950,000 | 1,057 | ||
| 18 Jun 202518 June 2025 | 986 sqft | 1,100,000 | 1,115 | ||
| 9 Jun 20259 June 2025 | 898 sqft | 1,000,000 | 1,113 | ||
| 30 Jan 202530 January 2025 | 898 sqft | 1,000,000 | 1,113 |
Forum Residences
Building42 apartments, 1-bed to 2-bed over 8 floors in Majan, completed in 2023 by Varnada Real Estate Development . 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,122
- Typical sale
- AED 1.3M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 42 units in Forum Residences501, Forum Residences in numbers
- Sold twice: first on 28 February 2023 for AED 730,000, last on 23 April 2024 for AED 840,000 (AED 850 per sqft).
Source: Dubai Land Department. Updated 23 April 2024.
Questions about 501, Forum Residences
What did unit 501 last sell for?
AED 840,000 on 23 April 2024: AED 850 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 730,000 in February 2023.
How big is unit 501?
987 sqft (91.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 501? Put it on the OpenOffers board
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Mortgage on 501, Forum Residences
Starts from the last sale price (AED 840K, 23 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →