404, May Residence Tower 1
Sold prices and rental history: sold once, by the developer in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, May Residence Tower 1
What is 404 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 928 sqft
- Floor
- 4th of 5
- Parking
- G-101
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 14,200 /yr
- Last sold
- AED 600K · April 2024
- Building
- May Residence Tower 1
About 404, May Residence Tower 1
404 is a one-bedroom apartment of 928 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 1 April 2024 for AED 600,000, or AED 646 per sqft, 7% below the AED 694 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 45,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 14,200 a year.
Sales and rents for 404 over time
404 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 404 sits
All 46 1-beds →404 last sold in April 2024 at AED 646 per sqft, 7% below what one-beds in May Residence Tower 1 were fetching at the time (AED 694). 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. 404's AED 45,000 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 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 | |
| 403 | 1-bed | 899 sqft | AED 584KAED 584,493 · Jan 2024January 2024 | 68,000 /yr | |
| 405 | 1-bed | 758 sqft | AED 675KAED 675,000 · Apr 2025April 2025 | 50,000 /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 |
404, May Residence Tower 1 in numbers
- Sold once: by May Real Estate Development on 1 April 2024 for AED 600,000, or AED 646 per sqft.
- Rented since March 2022 on 2 Ejari contracts, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 14,200 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 April 2024.
Questions about 404, May Residence Tower 1
What did unit 404 last sell for?
AED 600,000 on 1 April 2024, sold by the developer: AED 646 per sqft for 928 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 45,000 a year on the contract renewed on 1 April 2023. The previous contract, from March 2022, was AED 45,000.
How big is unit 404?
928 sqft (86.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.
What is unit 404 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.
Selling 404? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 404, May Residence Tower 1
Starts from the last sale price (AED 600K, 1 April 2024). 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 →