The Forum Group DMCC: A Developer Who Builds Real Communities. The international property conglomerate was founded in 2008 by the CMV international investment holding company. CMV Holding boasts a diverse portfolio of renowned companies in the USA, Europe and Asia, specialising in ultra-luxury property development The Forum Group moved into the Dubai real estate market in 2015, when construction work started on the $355m (1.3 billion dirhams) XXII Carat development at Palm Jumeirah. The first villas were completed in October 2017, and XXII Carat officially opened its doors at the beginning of 2018, on time and within budget. The developer screens potential residents to ensure the best possible community environment. The Forum Group is also upfront about details of service charges so residents know precisely what they are getting for the fees they pay.