108, May Residence Tower 1
Sold prices and rental history: sold once, by the developer in April 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, May Residence Tower 1
What is 108 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 868 sqft
- Floor
- 1st of 5
- Parking
- B-51
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,300 /yr
- Last sold
- AED 675K · April 2024
- Building
- May Residence Tower 1
About 108, May Residence Tower 1
108 is a one-bedroom apartment of 868 sqft on the 1st floor of May Residence Tower 1, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by May Real Estate Development. The developer sold it on 30 April 2024 for AED 675,000, or AED 777 per sqft, 11% above the AED 697 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 62,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 13,300 a year.
Sales and rents for 108 over time
108 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in May Residence Tower 1, and where 108 sits
All 46 1-beds →108 last sold in April 2024 at AED 777 per sqft, 11% above what one-beds in May Residence Tower 1 were fetching at the time (AED 697). Over the last 12 months one-beds sold for AED 650,000 to 810,775, around AED 857 per sqft, and rent for AED 24,000 to 90,000 a year. 108's AED 62,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 758 sqft | 650,000 | 857 | ||
| 20 Feb 202620 February 2026 | 928 sqft | 700,000 | 754 | ||
| 12 Feb 202612 February 2026 | 927 sqft | 810,775 | 874 | ||
| 27 Jan 202627 January 2026 | 758 sqft | 665,000 | 876 |
May Residence Tower 1
Building62 apartments, studios to 2-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2019 by May Real Estate Development. 6 sold in the last 12 months.
- Typical price per sqft
- AED 866
- Typical sale
- AED 668K
- Typical rent
- AED 56K /yr
- Typical yield
- 8.3%
Other units on the 1st floor
All 62 units in May Residence Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,242 sqft | AED 660KAED 660,000 · Mar 2025March 2025 | 65,000 /yr | |
| 102 | 1-bed | 921 sqft | AED 645KAED 645,200 · Jan 2024January 2024 | 62,000 /yr | |
| 103 | 1-bed | 1,225 sqft | AED 571KAED 571,200 · Mar 2025March 2025 | 68,000 /yr | |
| 104 | 1-bed | 929 sqft | AED 631KAED 631,380 · Feb 2024February 2024 | 82,000 /yr | |
| 105 | 1-bed | 1,066 sqft | AED 600KAED 600,000 · May 2025May 2025 | 80,000 /yr | |
| 106 | 1-bed | 927 sqft | AED 850KAED 850,000 · Mar 2024March 2024 | 67,000 /yr | |
| 107 | 1-bed | 1,076 sqft | AED 700KAED 700,000 · Nov 2024November 2024 | 65,000 /yr | |
| 109 | Studio | 764 sqft | AED 750KAED 750,000 · Apr 2024April 2024 | 40,000 /yr | |
| 110 | Studio | 495 sqft | AED 350KAED 350,000 · Mar 2024March 2024 | 48,000 /yr | |
| 111 | 1-bed | 1,274 sqft | AED 850KAED 850,000 · Dec 2023December 2023 | 53,286 /yr | |
| 112 | Studio | 397 sqft | AED 440KAED 440,000 · Dec 2024December 2024 | 50,000 /yr | |
| 113 | 1-bed | 898 sqft | AED 656KAED 655,802 · Feb 2024February 2024 | 58,000 /yr |
108, May Residence Tower 1 in numbers
- Sold once: by May Real Estate Development on 30 April 2024 for AED 675,000, or AED 777 per sqft.
- Rented since June 2022 on 4 Ejari contracts, from AED 40,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 13,300 a year (AED 15.29 per sqft).
- One-beds in May Residence Tower 1 sold for AED 650,000–810,775 in the 12 months to November 2026; the building's median across all types is AED 866 per sqft.
Source: Dubai Land Department. Updated 1 September 2026.
Questions about 108, May Residence Tower 1
What did unit 108 last sell for?
AED 675,000 on 30 April 2024, sold by the developer: AED 777 per sqft for 868 sqft. It is the only registered sale of the unit.
What is the rent for unit 108?
AED 62,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 62,000; the unit has been rented since June 2022.
How big is unit 108?
868 sqft (80.6 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.
What is unit 108 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in May Residence Tower 1 sold for AED 650,000 to 810,775 in the last 12 months, around AED 857 per sqft.
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Mortgage on 108, May Residence Tower 1
Starts from the last sale price (AED 675K, 30 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →