705, Forum Residences
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Forum Residences
What is 705 worth today?
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Source: Dubai Land Department. Updated 16 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,158 sqft
- Floor
- 7th of 8
- Parking
- G-24
- Developer
- Varnada Real Estate Development
- Completed
- 2023
- Last sold
- AED 930K · March 2023
- Building
- Forum Residences
About 705, Forum Residences
705 is a two-bedroom apartment of 1,158 sqft on the 7th floor of Forum Residences, a 8-storey tower in Majan completed in 2023 by Varnada Real Estate Development. The developer sold it on 14 March 2023 for AED 930,000, or AED 805 per sqft.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 16 April 2025, is AED 92,000 a year: a gross yield of 9.9% on the 2023 price.
Sales and rents for 705 over time
705 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Forum Residences, and where 705 sits
All 13 2-beds →Over the last 12 months two-beds sold for AED 1,300,000, around AED 1,122 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,158 sqft | 1,300,000 | 1,122 | ||
| 20 Apr 202520 April 2025 | 1,158 sqft | 1,320,000 | 1,139 | ||
| 23 May 202423 May 2024 | 1,158 sqft | 1,200,000 | 1,035 | ||
| 14 Mar 202414 March 2024 | 1,158 sqft | 986,000 | 851 |
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 7th floor
All 42 units in Forum Residences705, Forum Residences in numbers
- Sold once: by Varnada Real Estate Development on 14 March 2023 for AED 930,000, or AED 805 per sqft.
- Rented since April 2024 on 2 Ejari contracts, from AED 89,751 to AED 92,000 a year.
- At AED 92,000 a year the gross yield on the 2023 price is 9.9%.
- Two-beds in Forum Residences sold for AED 1,300,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,122 per sqft.
Source: Dubai Land Department. Updated 16 April 2025.
Questions about 705, Forum Residences
What did unit 705 last sell for?
AED 930,000 on 14 March 2023, sold by the developer: AED 805 per sqft for 1,158 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 92,000 a year on the contract renewed on 16 April 2025. The previous contract, from April 2024, was AED 89,751.
How big is unit 705?
1,158 sqft (107.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.
What is unit 705 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Forum Residences sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,122 per sqft.
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Mortgage on 705, Forum Residences
Starts from the last sale price (AED 930K, 14 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →