PropertyIndex

Forum Residences

Completed · Q1 2023|46 units · 1 building

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Forum Residences is a completed apartment development by VARNADA REAL ESTATE DEVELOPMENT L.L.C in Majan, Wadi Al Safa 3, comprising 46 registered units. 48 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,082 per sqft. At AED 1,082 per sqft, Forum Residences prices 30% below the Majan average of AED 1,541 per sqft on registered sales.

PIX© price · 0.8% YoY
1.13MAED
Typical
1,082AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
48
DLD · all time
Rent contracts
41
Ejari · all time
Forum Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
898 – 1,158 sqft
461.13M1,0820.8%73K6.5%
1 Bed · Apartment
898 – 990 sqft
32
2 Bed · Apartment
1,158 sqft
14
Sales — Project-Wide48 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
12 Aug 2026Floor 39871,030,0001,043+34.6%StandardStandard Sale
7 May 2026Floor 79861,070,0001,085StandardStandard Sale
28 Apr 2026Floor 39861,060,0001,075StandardStandard Sale
Rentals — Project-Wide41 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
12 Aug 2026Floor 489871,80380-0.3%Standardrenewal
15 Jun 2026Floor 491967,000730.0%Standardnew
26 May 2026Floor 291968,250740.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Majan

The closest-priced registered projects in Majan.

Common questions about Forum Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Forum Residences cost?

Property in Forum Residences sells at a current PIX© price of AED 1,082 per sqft, or about AED 1,126,331 for a typical unit, based on 48 sales registered with the Dubai Land Department.

Is Forum Residences completed?

Yes. Forum Residences is recorded as completed in the Dubai Land Department project register (completed q1 2023).

Who is the developer of Forum Residences?

Forum Residences is developed by VARNADA REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Forum Residences?

Forum Residences yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 41 registered Ejari contracts.

How many units are in Forum Residences?

Forum Residences holds 46 registered units, per the Dubai Land Department unit register.

Have prices in Forum Residences gone up or down?

Price per sqft has fallen -0.8% over the last 12 months, to AED 1,082, across 48 registered sales.