The former Motherwell forward has spent much of this season on loan at League Two side Darlington, scoring three times in eleven league starts.
The Evening Express believes that Foran will sign a three year deal next week after he passes a medical at Pittodrie.
The 27-year-old Irishman was a target for Jimmy Calderwood in 2006 but Aberdeen were unable to match the £200,000 paid by Southend for the player.
Meanwhile, fellow Irishman Sammy Stewart has agreed to make a summer move from Glenavon to the Dons.
The 17-year-old midfielder is expected to make the switch for around £15,000 and will join starlet Anthony Bulger at Pittodrie, who was plucked from Dublin juveniles St Kevin's Boys' Club in April.