Studios in May Residence Tower 1
Studios in Jumeirah Village Circle (JVC). 1 studio sold in the last 12 months; every sale, rent and unit is below.
About the studios in May Residence Tower 1
May Residence Tower 1 has 14 studios, 23% of its 62 apartments, at 397 to 764 sqft. 1 of the building's 6 sales in the last 12 months were studios. The service charge is AED 15.29 per sqft a year.
1 studio sold in the 12 months to September 2026, at a median of AED 945 per sqft. The median sale was AED 485,000, against a median of AED 866 per sqft for the building as a whole. 10 contracts registered over the same 12 months rented them for AED 24,000 to 50,000 a year, a gross yield of about 8.4% before the service charge.
- Studios
- 14
- Share of building
- 23%
- Size
- 397–764 sqft
- Last sale
- 21 January 2026
- Building
- May Residence Tower 1
Average prices in May Residence Tower 1
Studios in May Residence Tower 1 sell for around AED 485,000, or AED 945 per sqft, 9% more per sqft than the building average. The other types: AED 670,000 for one-beds.
Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.
Studio price history in May Residence Tower 1
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Studio transactions in May Residence Tower 1
- CompletedStudio · 513 sqft 21 Jan 2026AED 485,000945 /sqft
- CompletedStudio · 523 sqft 02 Apr 2025AED 440,000840 /sqft
- CompletedStudio · 396 sqft 13 Dec 2024AED 395,000995 /sqft
- CompletedStudio · 397 sqft 10 Dec 2024AED 440,0001,108 /sqft
- CompletedStudio · 763 sqft 29 Apr 2024AED 750,000982 /sqft
- CompletedStudio · 495 sqft 01 Apr 2024AED 300,000606 /sqft
- CompletedStudio · 523 sqft 01 Apr 2024AED 400,000764 /sqft
- CompletedStudio · 523 sqft 01 Apr 2024AED 300,000573 /sqft
- CompletedStudio · 513 sqft 01 Apr 2024AED 350,000682 /sqft
- CompletedStudio · 523 sqft 01 Apr 2024AED 350,000669 /sqft
Over the last 12 months, May Residence Tower 1 has recorded 1 studio sale. Typical homes sold for around AED 485K (about AED 945 per sqft) with a median size of 513 sqft.
Studios in May Residence Tower 1
14 units- Unit 109Studio · 764 sqftSold AED 750K, Apr 2024
- Unit 110Studio · 495 sqftSold AED 350K, Mar 2024
- Unit 112Studio · 397 sqftSold AED 440K, Dec 2024
- Unit 209Studio · 524 sqftSold AED 400K, Apr 2024
- Unit 210Studio · 495 sqftSold AED 388K, Dec 2023
- Unit 212Studio · 397 sqftSold AED 385K, Jan 2024
- Unit 309Studio · 524 sqftSold AED 400K, Jan 2024
- Unit 310Studio · 495 sqftSold AED 388K, Jan 2024
- Unit 312Studio · 397 sqftSold AED 335K, Dec 2023
- Unit 409Studio · 524 sqftSold AED 440K, Apr 2025
Nearby buildings in Jumeirah Village Circle (JVC)
All 325 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| May Residence Tower 4 | 2019 | AED 805 | AED 79 | 9.9% |
| May Residence Tower 5 | 2019 | AED 834 | AED 72 | 8.7% |
| May Residence Tower 3 | 2019 | AED 781 | AED 82 | 10.5% |
| May Residence Tower 2 | 2019 | AED 1,036 | AED 77 | 7.4% |
| Bloom Tower B | 2021 | AED 1,578 | AED 114 | 7.2% |
| Bloom Tower A | 2021 | AED 1,228 | AED 89 | 7.3% |
| Bloom Tower C | 2021 | AED 1,560 | AED 111 | 7.1% |
| Spica Residential | 2016 | AED 879 | AED 61 | 6.9% |
| Hanover Square | 2015 | AED 906 | AED 100 | 11.1% |
| The Autograph - North Place | 2024 | AED 1,618 | AED 121 | 7.4% |
May Residence Tower 1 studios in numbers
- Across 1 DLD sale in the 12 months to September 2026, the median price in Studios in May Residence Tower 1 was AED 945 per sqft and the typical home sold for about AED 485K.
- Completed in 2019 by May Real Estate Development; 5 floors of studios to two-beds; service charge AED 15.29 per sqft a year.
- A studio of 397 to 764 sqft rents for AED 24,000 to 50,000 a year on the 10 contracts registered in the last 12 months.
- Gross rental yield 8.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 17 September 2026.
Questions about studios in May Residence Tower 1
How much does a studio in May Residence Tower 1 cost?
1 studio sold in the 12 months to September 2026; the median was AED 485,000, or AED 945 per sqft.
How much is a studio for rent in May Residence Tower 1?
About AED 40,000 a year: that is the median of the 10 contracts for studios registered with Ejari in the 12 months to September 2026, from AED 24,000 to 50,000.
What is the rental yield in May Residence Tower 1?
About 8.4% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in May Residence Tower 1?
AED 15.29 per sqft a year. For a typical 397 sqft home that is about AED 6,100 a year.
Who built May Residence Tower 1 and when?
May Real Estate Development; completed in 2019; 5 floors; 62 apartments.
How many studios are there in May Residence Tower 1?
14, of 397 to 764 sqft, 23% of the building's 62 apartments.
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