FORUM RESIDENCES
ResaleCommunityMajan
AreaWadi Al Safa 3
Started
9 years ago02-01-2017
Handover
2 years 9 months ago31-03-2023
Status
CompleteFinished
Project Description
1B+G+8+1R
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-6%
DeclineCurrent:AED 1,033/sqft
Last 12M:AED 1,103/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 1,103/sqft
Prior Year:AED 1,036/sqft
Community Compare: Last 90DMajan
Discount-37%
Below AvgProject:AED 1,033/sqft
Community:AED 1,639/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
5Sold (Last 12M)
Supply & Demand Matrix
FORUM RESIDENCES averaged 11% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
32 units
4 sold28 left
13%
Velocity
2 Bedrooms
14 units
1 sold13 left
7%
Velocity
Layouts & Units (46)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-8 | Inventory 32units 8 layouts · Typically 0.8 parking 5-9 sqm balcony | Size Range 494-990sqft | Price Range AED 1.0M - AED 1.1M | Avg PSF 842 | Sales 4 | Trend — | |
Asset Class 2 Bed FlatFloors 2-8 | Inventory 14units 2 layouts · Typically 1 parking ~7 sqm balcony | Size Range 1,154-1,160sqft | Price Range AED 1.2M - AED 1.3M | Avg PSF 820 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 989-17,873sqft | Price Range AED 2.5M - AED 7.5M | Avg PSF 1,351 | Sales 2 | Trend — |
Grouped into 3 asset classes covering 46 units