FORUM RESIDENCES
ReadyCommunityMajan
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
Momentum: 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 1,646/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)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 14 units | Type Flat | Beds 1 B/R | Size 986 sqft | Avg Price AED 1.1M | Last Price AED 1.0M | Last Sold 3 months ago | Sales 2 |
Units 8 units | Type Flat | Beds 1 B/R | Size 898 sqft | Avg Price AED 1.0M | Last Price AED 1.0M | Last Sold 8 months ago | Sales 2 |
Units 14 units | Type Flat | Beds 2 B/R | Size 1,158 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 9 months ago | Sales 2 |
Units 8 units | Type Flat | Beds 1 B/R | Size 918 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 1 B/R | Size 990 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
5 unique layouts covering 46 units