403, May Residence Tower 1
Sold prices and rental history: sold once, by the developer in January 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 403, May Residence Tower 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 11 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 899 sqft
- Floor
- 4th of 5
- Parking
- B-183
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,700 /yr
- Last sold
- AED 584K · January 2024
- Building
- May Residence Tower 1
About 403, May Residence Tower 1
403 is a one-bedroom apartment of 899 sqft on the 4th 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 January 2024 for AED 584,493, or AED 650 per sqft, 7% below the AED 700 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 11 July 2025, is AED 68,000 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 13,700 a year.
Sales and rents for 403 over time
403 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 403 sits
All 46 1-beds →403 last sold in January 2024 at AED 650 per sqft, 7% below 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. 403's AED 68,000 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 4th floor
All 62 units in May Residence Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 903 sqft | AED 623KAED 623,360 · Feb 2024February 2024 | 68,000 /yr | |
| 402 | 1-bed | 922 sqft | AED 664KAED 663,638 · Mar 2024March 2024 | 54,848 /yr | |
| 404 | 1-bed | 928 sqft | AED 600KAED 600,000 · Apr 2024April 2024 | 45,000 /yr | |
| 405 | 1-bed | 758 sqft | AED 675KAED 675,000 · Apr 2025April 2025 | 55,000 /yr | |
| 406 | 1-bed | 927 sqft | AED 600KAED 600,000 · Apr 2024April 2024 | 84,000 /yr | |
| 407 | 1-bed | 770 sqft | AED 640KAED 640,000 · Sep 2024September 2024 | 67,000 /yr | |
| 408 | 1-bed | 868 sqft | AED 607KAED 607,453 · Dec 2023December 2023 | 50,000 /yr | |
| 409 | Studio | 524 sqft | AED 440KAED 440,000 · Apr 2025April 2025 | 42,000 /yr | |
| 410 | Studio | 495 sqft | AED 300KAED 300,000 · Apr 2024April 2024 | 39,000 /yr | |
| 411 | 1-bed | 907 sqft | AED 611KAED 610,810 · Feb 2024February 2024 | 57,000 /yr | |
| 412 | Studio | 397 sqft | AED 395KAED 395,000 · Dec 2024December 2024 | 35,000 /yr | |
| 413 | 1-bed | 898 sqft | AED 612KAED 611,540 · Feb 2024February 2024 | 56,000 /yr |
403, May Residence Tower 1 in numbers
- Sold once: by May Real Estate Development on 25 January 2024 for AED 584,493, or AED 650 per sqft.
- Rented since June 2022 on 5 Ejari contracts, from AED 42,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2024 price is 11.6%, 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 11 July 2025.
Questions about 403, May Residence Tower 1
What did unit 403 last sell for?
AED 584,493 on 25 January 2024, sold by the developer: AED 650 per sqft for 899 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 68,000 a year on the contract signed on 11 July 2025. The previous contract, from July 2025, was AED 68,000; the unit has been rented since June 2022.
How big is unit 403?
899 sqft (83.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.
What is unit 403 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 403, May Residence Tower 1
Starts from the last sale price (AED 584K, 25 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 584,493
- Deposit, UAE resident (20%)
- AED 116,899
- Deposit, non-resident (40%)
- AED 233,797
- Monthly over 25 years at 3.7%
- AED 2,391
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →