111, May Residence Tower 1
Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, May Residence Tower 1
What is 111 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,274 sqft
- Floor
- 1st of 5
- Parking
- B-54
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 19,500 /yr
- Last sold
- AED 850K · December 2023
- Building
- May Residence Tower 1
About 111, May Residence Tower 1
111 is a one-bedroom apartment of 1,274 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 25 December 2023 for AED 850,000, or AED 667 per sqft, 5% below the AED 699 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 August 2026, is AED 53,286 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 19,500 a year.
Sales and rents for 111 over time
111 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 111 sits
All 46 1-beds →111 last sold in December 2023 at AED 667 per sqft, 5% below what one-beds in May Residence Tower 1 were fetching at the time (AED 699). 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. 111's AED 53,286 is in the lower 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 57K /yr
- Typical yield
- 8.2%
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 | |
| 108 | 1-bed | 868 sqft | AED 675KAED 675,000 · Apr 2024April 2024 | 62,000 /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 | |
| 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 |
111, May Residence Tower 1 in numbers
- Sold once: by May Real Estate Development on 25 December 2023 for AED 850,000, or AED 667 per sqft.
- Rented since May 2022 on 2 Ejari contracts, from AED 50,000 to AED 53,286 a year.
- At AED 53,286 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 19,500 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 August 2026.
Questions about 111, May Residence Tower 1
What did unit 111 last sell for?
AED 850,000 on 25 December 2023, sold by the developer: AED 667 per sqft for 1,274 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 53,286 a year on the contract signed on 1 August 2026. The previous contract, from May 2022, was AED 50,000.
How big is unit 111?
1,274 sqft (118.4 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.
What is unit 111 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 111, May Residence Tower 1
Starts from the last sale price (AED 850K, 25 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →