
Forest City is a residential development by HZ Development, located in the Majan district of Dubai. The architectural configuration of the building comprises a ground floor, two podium levels, and fifteen residential floors topped with a rooftop level. The project’s contemporary exterior embodies the concept of a “vertical forest,” featuring cascading greenery across terraces and expansive panoramic glazing, creating the atmosphere of a tranquil oasis within an urban environment. The development offers a selection of studios as well as one- to six-bedroom apartments. Interiors are designed with premium finishes, natural materials, and abundant natural light thanks to floor-to-ceiling windows. Residents enjoy access to a wide range of amenities, including an outdoor swimming pool, a modern fitness center, tennis court, basketball and badminton courts. The community also features BBQ areas, jogging tracks, and a children’s play area. On the ground floor, residents will find supermarkets, cafés, restaurants, and branded boutiques. The location provides easy access to key destinations: Global Village and IMG Worlds of Adventure (6 min), Dubai Hills Golf Club (16 min), Burj Khalifa and Burj Al Arab (23 min), Palm Jumeirah (24 min). Dubai International Airport is 25 minutes away, and Al Maktoum International Airport is 30 minutes away.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Forest City launch basis | 6,482 | AED 5.83M | Current launch / asking basis |
| Majan ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Majan premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Majan
Forest City by HZ Development
Located in Majan
Starting from AED 5,833,888
Unit mix includes 4 BR, 6 BR, Apartments
Expected handover: Dec 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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