1-bed · 1,108 sqftMay Residence Tower 2, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

107, May Residence Tower 2

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 753K31 July 2024
Current rentAED 60K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, May Residence Tower 2

What is 107 worth today?

Last sold for AED 753,200 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jul 2026RentedRenewal
AED 60,000/yr12 months · AED 54 per sqft
5 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
5 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
31 Jul 2024Sold by developerReady
AED 753,200AED 679 per sqft
20 Aug 2022RentedRenewal
AED 38,000/yr12 months · AED 34 per sqft
20 Aug 2021RentedNew contract
AED 32,000/yr12 months · AED 29 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
1-bed apartment
Size
1,108 sqft
Floor
1st of 5
Parking
B-199
Developer
May Real Estate Development
Completed
2019
Service charge
AED 17,200 /yr
Last sold
AED 753K · July 2024

About 107, May Residence Tower 2

107 is a one-bedroom apartment of 1,108 sqft on the 1st floor of May Residence Tower 2, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by May Real Estate Development. The developer sold it on 31 July 2024 for AED 753,200, or AED 679 per sqft, in line with the AED 697 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 60,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical one-bed in May Residence Tower 2
600K800K20232024202520262027Typical sale price by year: 2023 AED 544,500; 2024 AED 665,000; 2025 AED 632,500; 2026 AED 826,045Sold by developer, July 2024: AED 753,200 (AED 679 per sqft)

107 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 107, each contractTypical one-bed in May Residence Tower 2
40K60K2021202320252027Typical rent by year: 2021 AED 31,000; 2022 AED 36,000; 2023 AED 51,000; 2024 AED 58,000; 2025 AED 60,000; 2026 AED 60,000New contract, August 2021: AED 32,000 a yearRenewal, August 2022: AED 38,000 a yearNew contract, July 2025: AED 60,000 a yearNew contract, July 2025: AED 60,000 a yearRenewal, July 2026: AED 60,000 a year

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 2, and where 107 sits

All 40 1-beds →

107 last sold in July 2024 at AED 679 per sqft, in line with what one-beds in May Residence Tower 2 were fetching at the time (AED 697). Over the last 12 months one-beds sold for AED 750,000 to 950,000, around AED 815 per sqft, and rent for AED 42,000 to 90,000 a year. 107's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 2026950,000
19 Feb 2026750,000
18 Feb 2026902,089
16 Jan 2026750,000
4 1-bed sales in the last 12 months

May Residence Tower 2

Building

70 apartments, studios to 1-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2019 by May Real Estate Development. 8 sold in the last 12 months.

Typical price per sqft
AED 1,036
Typical sale
AED 630K
Typical rent
AED 53K /yr
Typical yield
7.4%
May Residence Tower 2, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 70 units in May Residence Tower 2
Value
1011-bedAED 727K · Apr 2024
1021-bedAED 950K · Aug 2026
103StudioAED 499K · Aug 2023
104StudioAED 499K · Aug 2023
105StudioAED 499K · Aug 2023
106StudioAED 503K · Oct 2023
1081-bedAED 800K · Oct 2024
1–7 of 13

107, May Residence Tower 2 in numbers

  • Sold once: by May Real Estate Development on 31 July 2024 for AED 753,200, or AED 679 per sqft.
  • Rented since August 2021 on 5 Ejari contracts, from AED 32,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 17,200 a year (AED 15.55 per sqft).
  • One-beds in May Residence Tower 2 sold for AED 750,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 1,036 per sqft.

Source: Dubai Land Department. Updated 5 July 2026.

Questions about 107, May Residence Tower 2

What did unit 107 last sell for?

AED 753,200 on 31 July 2024, sold by the developer: AED 679 per sqft for 1,108 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 60,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 60,000; the unit has been rented since August 2021.

How big is unit 107?

1,108 sqft (102.9 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.

What is unit 107 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 2 sold for AED 750,000 to 950,000 in the last 12 months, around AED 815 per sqft.

Selling 107? 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.

How OpenOffers works

Mortgage on 107, May Residence Tower 2

Starts from the last sale price (AED 753K, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 753,200
Deposit, UAE resident (20%)
AED 150,640
Deposit, non-resident (40%)
AED 301,280
Monthly over 25 years at 3.7%
AED 3,082

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →