313, May Residence Tower 1
Sold prices and rental history: sold once, by the developer in February 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 313, May Residence Tower 1
What is 313 worth today?
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Source: Dubai Land Department. Updated 29 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 3rd of 5
- Parking
- B-133
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,700 /yr
- Last sold
- AED 612K · February 2024
- Building
- May Residence Tower 1
About 313, May Residence Tower 1
313 is a one-bedroom apartment of 898 sqft on the 3rd 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 8 February 2024 for AED 611,538, or AED 681 per sqft, in line with the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 29 April 2025, is AED 60,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 13,700 a year.
Sales and rents for 313 over time
313 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 313 sits
All 46 1-beds →313 last sold in February 2024 at AED 681 per sqft, in line with 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. 313's AED 60,000 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 3rd floor
All 62 units in May Residence Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 903 sqft | AED 650KAED 650,000 · Jul 2024July 2024 | 62,000 /yr | |
| 302 | 1-bed | 922 sqft | AED 670KAED 670,000 · Dec 2025December 2025 | 70,000 /yr | |
| 303 | 1-bed | 899 sqft | AED 650KAED 650,000 · Dec 2023December 2023 | 60,000 /yr | |
| 304 | 1-bed | 928 sqft | AED 700KAED 700,000 · Feb 2026February 2026 | 85,000 /yr | |
| 305 | 1-bed | 758 sqft | AED 650KAED 650,000 · Jul 2026July 2026 | 59,000 /yr | |
| 306 | 1-bed | 927 sqft | AED 811KAED 810,775 · Feb 2026February 2026 | 73,000 /yr | |
| 307 | 1-bed | 770 sqft | AED 650KAED 650,000 · Nov 2024November 2024 | 40,910 /yr | |
| 308 | 1-bed | 868 sqft | AED 589KAED 588,630 · Feb 2024February 2024 | 55,000 /yr | |
| 309 | Studio | 524 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 24,000 /yr | |
| 310 | Studio | 495 sqft | AED 388KAED 388,000 · Jan 2024January 2024 | 38,000 /yr | |
| 311 | 1-bed | 907 sqft | AED 662KAED 661,775 · Feb 2024February 2024 | 68,000 /yr | |
| 312 | Studio | 397 sqft | AED 335KAED 335,000 · Dec 2023December 2023 | 42,000 /yr |
313, May Residence Tower 1 in numbers
- Sold once: by May Real Estate Development on 8 February 2024 for AED 611,538, or AED 681 per sqft.
- Rented since April 2022 on 5 Ejari contracts, from AED 42,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 13,700 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 29 April 2025.
Questions about 313, May Residence Tower 1
What did unit 313 last sell for?
AED 611,538 on 8 February 2024, sold by the developer: AED 681 per sqft for 898 sqft. It is the only registered sale of the unit.
What is the rent for unit 313?
AED 60,000 a year on the contract signed on 29 April 2025. The previous contract, from April 2025, was AED 60,000; the unit has been rented since April 2022.
How big is unit 313?
898 sqft (83.4 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 313 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 313, May Residence Tower 1
Starts from the last sale price (AED 612K, 8 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 611,538
- Deposit, UAE resident (20%)
- AED 122,308
- Deposit, non-resident (40%)
- AED 244,615
- Monthly over 25 years at 3.7%
- AED 2,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →