208, May Residence Tower 1
Sold prices and rental history: sold once, by the developer in December 2023, 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 208, May Residence Tower 1
What is 208 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 868 sqft
- Floor
- 2nd of 5
- Parking
- B-95
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,300 /yr
- Last sold
- AED 600K · December 2023
- Building
- May Residence Tower 1
About 208, May Residence Tower 1
208 is a one-bedroom apartment of 868 sqft on the 2nd 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 26 December 2023 for AED 600,000, or AED 691 per sqft, in line with the AED 700 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 1 November 2026, is AED 72,000 a year: a gross yield of 12.0% on the 2023 price, before the service charge of about AED 13,300 a year.
Sales and rents for 208 over time
208 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 208 sits
All 46 1-beds →208 last sold in December 2023 at AED 691 per sqft, in line with what one-beds in May Residence Tower 1 were fetching at the time (AED 700). 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. 208's AED 72,000 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 2nd floor
All 62 units in May Residence Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 903 sqft | AED 680KAED 680,000 · Jun 2024June 2024 | 24,000 /yr | |
| 202 | 1-bed | 922 sqft | AED 645KAED 645,200 · Dec 2023December 2023 | 55,000 /yr | |
| 203 | 1-bed | 899 sqft | AED 730KAED 730,000 · Sep 2024September 2024 | 42,000 /yr | |
| 204 | 1-bed | 928 sqft | AED 750KAED 750,000 · Mar 2024March 2024 | 74,000 /yr | |
| 205 | 1-bed | 758 sqft | AED 665KAED 665,000 · Jan 2026January 2026 | 57,000 /yr | |
| 206 | 1-bed | 927 sqft | AED 750KAED 750,000 · Jul 2024July 2024 | 55,000 /yr | |
| 207 | 1-bed | 770 sqft | AED 501KAED 500,604 · Jan 2024January 2024 | 58,000 /yr | |
| 209 | Studio | 524 sqft | AED 400KAED 400,000 · Apr 2024April 2024 | 44,000 /yr | |
| 210 | Studio | 495 sqft | AED 388KAED 388,000 · Dec 2023December 2023 | 35,200 /yr | |
| 211 | 1-bed | 907 sqft | AED 645KAED 645,000 · Dec 2023December 2023 | 55,000 /yr | |
| 212 | Studio | 397 sqft | AED 385KAED 385,000 · Jan 2024January 2024 | 40,000 /yr | |
| 213 | 1-bed | 898 sqft | AED 664KAED 664,394 · Dec 2023December 2023 | 60,938 /yr |
208, May Residence Tower 1 in numbers
- Sold once: by May Real Estate Development on 26 December 2023 for AED 600,000, or AED 691 per sqft.
- Rented since April 2022 on 7 Ejari contracts, from AED 40,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2023 price is 12.0%, 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 November 2026.
Questions about 208, May Residence Tower 1
What did unit 208 last sell for?
AED 600,000 on 26 December 2023, sold by the developer: AED 691 per sqft for 868 sqft. It is the only registered sale of the unit.
What is the rent for unit 208?
AED 72,000 a year on the contract signed on 1 November 2026. The previous contract, from November 2026, was AED 90,000; the unit has been rented since April 2022.
How big is unit 208?
868 sqft (80.6 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 208 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 208, May Residence Tower 1
Starts from the last sale price (AED 600K, 26 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →