BuildingJumeirah Village Circle (JVC) · May Real Estate Development · 2019

May Residence Tower 1

Studios to two-beds in Jumeirah Village Circle (JVC). 6 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 November 2026
Typical price per sqftAED 8666 sales
Typical saleAED 668K6 sales
Typical rentAED 57K /yrAED 71 per sqft
Typical yield8.2%AED 15.29/sqft charge

About May Residence Tower 1

May Residence Tower 1 is a freehold apartment building in Jumeirah Village Circle (JVC), in Dubailand between Al Khail Road and Sheikh Mohammed Bin Zayed Road. It was developed by May Real Estate Development and completed in 2019. The building has five storeys and 62 apartments, ranging from studios to two-bedroom homes of 397 to 1,847 sqft. May Residence Tower 3, Tower 4 and Tower 5 are its neighbours. Several everyday places are close by. JSS International School, Skateraati, the PlantsGCC park and Tudomart Supermarket JVC-3 are all within walking distance, at about 100 to 200 m. CarewellClinicJVC is about 600 m away. The building has no metro station of its own. The nearest Red Line stations, Mall of the Emirates and Dubai Internet City, are both reached by car.

62 apartments over 5 floors: 14 studios of 397 to 764 sqft, 46 one-beds of 758 to 1,341 sqft and 2 two-beds of 1,733 to 1,847 sqft. The service charge is AED 15.29 per sqft a year.

6 apartments sold in the 12 months to November 2026, at a median of AED 866 per sqft. Most of the trading is in one-beds: 5 of the 6 sales, at AED 650,000 to 810,775. 39 rental contracts were registered over the same 12 months, at a typical AED 57,000 a year.

Developer
May Real Estate Development
Completed
2019
Floors
5
Units
62
Unit types
Studio to 2-bed

Jumeirah Village Circle (JVC), Dubai

Average prices in May Residence Tower 1

In May Residence Tower 1, typical sale prices over the last 12 months were around AED 485,000 for studios and AED 670,000 for one-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in May Residence Tower 1

750800850May 2026Nov 20262025-12-22: AED 726, 1-bed, 922 sqft2026-01-21: AED 945, Studio, 513 sqft2026-01-27: AED 876, 1-bed, 758 sqft2026-02-12: AED 874, 1-bed, 927 sqft2026-02-20: AED 754, 1-bed, 928 sqft2026-07-10: AED 857, 1-bed, 758 sqftTrend: AED 826 to AED 866

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in May Residence Tower 1

  • Completed1-bed · 758 sqft 10 Jul 2026AED 650,000857 /sqft
  • Completed1-bed · 928 sqft 20 Feb 2026AED 700,000754 /sqft
  • Completed1-bed · 927 sqft 12 Feb 2026AED 810,775874 /sqft
  • Completed1-bed · 758 sqft 27 Jan 2026AED 665,000877 /sqft
  • CompletedStudio · 513 sqft 21 Jan 2026AED 485,000945 /sqft
  • Completed1-bed · 921 sqft 22 Dec 2025AED 670,000727 /sqft
  • Completed1-bed · 1,065 sqft 15 May 2025AED 600,000563 /sqft
  • Completed1-bed · 760 sqft 07 May 2025AED 680,000894 /sqft
  • Completed1-bed · 758 sqft 30 Apr 2025AED 675,000890 /sqft
  • CompletedStudio · 523 sqft 02 Apr 2025AED 440,000840 /sqft

Over the last 12 months, May Residence Tower 1 has recorded 6 apartment sales. Typical homes sold for around AED 668K (about AED 866 per sqft) with a median size of 840 sqft; most were one-beds, from roughly AED 485K to AED 811K.

1–10 of 78

Units in May Residence Tower 1

62 units
  • Unit 1011-bed · 1,242 sqftSold AED 660K, Mar 2025
  • Unit 1021-bed · 921 sqftSold AED 645K, Jan 2024
  • Unit 1031-bed · 1,225 sqftSold AED 571K, Mar 2025
  • Unit 1041-bed · 928 sqftSold AED 631K, Feb 2024
  • Unit 1051-bed · 1,066 sqftSold AED 600K, May 2025
  • Unit 1061-bed · 927 sqftSold AED 850K, Mar 2024
  • Unit 1071-bed · 1,076 sqftSold AED 700K, Nov 2024
  • Unit 1081-bed · 868 sqftSold AED 675K, Apr 2024
  • Unit 109Studio · 764 sqftSold AED 750K, Apr 2024
  • Unit 110Studio · 495 sqftSold AED 350K, Mar 2024
1–10 of 62
Every unit in May Residence Tower 1, by number

By type: studios (14), one-beds (46), two-beds (2).

Nearby in Jumeirah Village Circle (JVC)

All 325 →
BuildingSale /sqftYield
May Residence Tower 4AED 8059.9%
May Residence Tower 5AED 8348.7%
May Residence Tower 3AED 78110.5%
May Residence Tower 2AED 1,0367.4%
Bloom Tower BAED 1,5787.2%
1–5 of 324 · nearest first

May Residence Tower 1 in numbers

  • Across 6 DLD sales in the 12 months to November 2026, the median price in May Residence Tower 1 was AED 866 per sqft and the typical home sold for about AED 668K.
  • Completed in 2019 by May Real Estate Development; 5 floors of studios to two-beds; service charge AED 15.29 per sqft a year.
  • One-beds of 758 to 1,341 sqft sold for AED 650,000 to 810,775 between December 2025 and July 2026, a median AED 857 per sqft.
  • An one-bed of 758 to 1,341 sqft rents for AED 24,000 to 90,000 a year on the 29 contracts registered in the last 12 months.
  • Gross rental yield 8.2%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 November 2026.

Questions

How much does an one-bed in May Residence Tower 1 cost?

5 one-beds sold in the 12 months to November 2026, for AED 650,000 to 810,775; the median was AED 670,000, or AED 857 per sqft.

How much is an one-bed for rent in May Residence Tower 1?

About AED 60,000 a year: that is the median of the 29 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 24,000 to 90,000.

What is the rental yield in May Residence Tower 1?

About 8.2% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in May Residence Tower 1?

AED 15.29 per sqft a year. For a typical 840 sqft home that is about AED 12,800 a year.

Who built May Residence Tower 1 and when?

May Real Estate Development; completed in 2019; 5 floors; 62 apartments.

How many apartments are there in May Residence Tower 1?

62, studios to two-beds. Each has its own page with its full sales and rental history.

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