Forum Residences

P1 — Delivered Off-Plan Primary
Developer Varnada Real Estate Development
Community Majan
Property type Apartment
Data updated Mar 28, 2026

Forum Residences is a Delivered development by Varnada Real Estate Development in Majan. 45 units across 1 Bedroom (69%), 2 Bedroom (31%). Over the trailing 12 months, 45 sales at a median of AED 1,100,000.

Key Metrics
Median Price
Value
AED 1,100,000
Change
31.0% YoY
Transactions
Value
45
Change
7 in period
Price / sqft
Value
AED 1,115
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,100,000
↑ 31.0% YoY
Transactions
45
↑ 7 in period
Price / sqft
AED 1,115
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
5.1%
Community avg
Holding Period
Value
4.7 yrs
Community avg
Liquidity
Value
15.2%
Ready Market Mix
Value
0.0%
Rental Activity
Value
26.1%
Capital Return
5.1%
Community avg
Holding Period
4.7 yrs
Community avg
Liquidity
15.2%
Ready Market Mix
0.0%
Rental Activity
26.1%

Rental Performance

Rental Volume
Value
39
Avg Annual Rent
Value
AED 73,202
New Leases
Value
76.9%
Renewals
Value
23.1%
Rental Volume
39
Avg Annual Rent
AED 73,202
New Leases
76.9%
Renewals
23.1%

Unit Mix

By bedroom type
1 Bedroom 31 units · 69%
2 Bedroom 14 units · 31%

Transaction Breakdown

All time — 45 transactions
Off-Plan Primary
25
Ready Primary
10
Ready Secondary
10

Price History

Median Price — Forum Residences

Median prices in Forum Residences have remained broadly stable over the past 6 months, hovering around AED 1.3M.

Recent Transactions

Showing last 10 of 45
Date Type Price (AED) Size (sqft) AED/sqft
Mar 28, 2026 RP Secondary 1,310,000 1,158 1,130
Feb 11, 2026 RP Secondary 1,300,000 1,158 1,122
Oct 30, 2025 RP Secondary 1,020,000 987 1,032
Jul 10, 2025 RP Secondary 950,000 898 1,057
Jun 18, 2025 RP Secondary 1,100,000 986 1,115
Jun 09, 2025 RP Primary 1,000,000 898 1,113
Apr 20, 2025 RP Secondary 1,320,000 1,158 1,139
Jan 30, 2025 RP Secondary 1,000,000 898 1,113
Aug 20, 2024 RP Primary 800,000 986 811
Jun 14, 2024 RP Secondary 840,000 898 935

This project is in Majan

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