1-bed · 898 sqftForum Residences, Majan · 5th floor · completed 2023

504, Forum Residences

Sold prices and rental history: sold twice, last in June 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 30 August 2025
Last soldAED 840K14 June 2024
Current rentAED 68K /yr30 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Forum Residences

What is 504 worth today?

Last sold for AED 840,000 in 2024

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30 Aug 2025RentedRenewal
AED 68,000/yr12 months · AED 76 per sqft
30 Aug 2024RentedNew contract
AED 68,000/yr12 months · AED 76 per sqft
14 Jun 2024SoldReady
AED 840,000AED 935 per sqft
29 Jan 2024Sold by developerOff-plan
AED 627,750AED 706 per sqft

Source: Dubai Land Department. Updated 30 August 2025.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
5th of 8
Parking
G-05
Developer
Varnada Real Estate Development
Completed
2023
Last sold
AED 840K · June 2024

About 504, Forum Residences

504 is a one-bedroom apartment of 898 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 14 June 2024 for AED 840,000, or AED 935 per sqft, 13% above the AED 826 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 30 August 2025, is AED 68,000 a year: a gross yield of 8.1% on the 2024 price.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Forum Residences
600K800K1M2023202420252026Typical sale price by year: 2023 AED 670,000; 2024 AED 780,500; 2025 AED 1,000,000Sold by developer, January 2024: AED 627,750 (AED 706 per sqft)Sold, June 2024: AED 840,000 (AED 935 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Forum Residences
66K68K202420252026Typical rent by year: 2024 AED 65,000; 2025 AED 68,250New contract, August 2024: AED 68,000 a yearRenewal, August 2025: AED 68,000 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 504 sits

All 21 1-beds →

504 last sold in June 2024 at AED 935 per sqft, 13% above what one-beds in Forum Residences were fetching at the time (AED 826).

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2025950,000
18 Jun 20251,100,000
9 Jun 20251,000,000
30 Jan 20251,000,000
0 1-bed sales in the last 12 months

Forum Residences

Building

42 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
Forum Residences, Majan: prices, sales and rents →

Other units on the 5th floor

All 42 units in Forum Residences
Value
5011-bedAED 840K · Apr 2024
502No registered sale
503No registered sale
5052-bedAED 1.2M · May 2024
5062-bedAED 1.3M · Feb 2026

504, Forum Residences in numbers

  • Sold twice: first on 29 January 2024 for AED 627,750, last on 14 June 2024 for AED 840,000 (AED 935 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 8.1%.

Source: Dubai Land Department. Updated 30 August 2025.

Questions about 504, Forum Residences

What did unit 504 last sell for?

AED 840,000 on 14 June 2024: AED 935 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 627,750 in January 2024.

What is the rent for unit 504?

AED 68,000 a year on the contract renewed on 30 August 2025. The previous contract, from August 2024, was AED 68,000.

How big is unit 504?

898 sqft (83.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 504, Forum Residences

Starts from the last sale price (AED 840K, 14 June 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 →