111, May Residence Tower 2
Sold prices and rental history: sold once, by the developer in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, May Residence Tower 2
What is 111 worth today?
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Source: Dubai Land Department. Updated 31 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,125 sqft
- Floor
- 1st of 5
- Parking
- B-201
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 17,500 /yr
- Last sold
- AED 850K · October 2024
- Building
- May Residence Tower 2
About 111, May Residence Tower 2
111 is a one-bedroom apartment of 1,125 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 18 October 2024 for AED 850,000, or AED 755 per sqft, 9% above the AED 695 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 31 December 2025, is AED 60,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 17,500 a year.
Sales and rents for 111 over time
111 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 2, and where 111 sits
All 40 1-beds →111 last sold in October 2024 at AED 755 per sqft, 9% above what one-beds in May Residence Tower 2 were fetching at the time (AED 695). 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. 111's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,218 sqft | 950,000 | 779 | ||
| 19 Feb 202619 February 2026 | 721 sqft | 750,000 | 1,040 | ||
| 18 Feb 202618 February 2026 | 1,354 sqft | 902,089 | 666 | ||
| 16 Jan 202616 January 2026 | 882 sqft | 750,000 | 850 |
May Residence Tower 2
Building70 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%
Other units on the 1st floor
All 70 units in May Residence Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,162 sqft | AED 727KAED 726,875 · Apr 2024April 2024 | 49,508 /yr | |
| 102 | 1-bed | 1,218 sqft | AED 950KAED 950,000 · Aug 2026August 2026 | 60,000 /yr | |
| 103 | Studio | 580 sqft | AED 499KAED 499,000 · Aug 2023August 2023 | 37,000 /yr | |
| 104 | Studio | 602 sqft | AED 499KAED 499,000 · Aug 2023August 2023 | 40,000 /yr | |
| 105 | Studio | 582 sqft | AED 499KAED 499,000 · Aug 2023August 2023 | 42,000 /yr | |
| 106 | Studio | 601 sqft | AED 503KAED 503,000 · Oct 2023October 2023 | 37,000 /yr | |
| 107 | 1-bed | 1,108 sqft | AED 753KAED 753,200 · Jul 2024July 2024 | 60,000 /yr | |
| 108 | 1-bed | 1,171 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 42,000 /yr | |
| 109 | Studio | 629 sqft | AED 460KAED 460,000 · Feb 2024February 2024 | 44,000 /yr | |
| 110 | Studio | 649 sqft | AED 460KAED 460,000 · Jun 2024June 2024 | 50,000 /yr | |
| 112 | 1-bed | 1,153 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 55,000 /yr | |
| 113 | 1-bed | 1,328 sqft | AED 636KAED 636,040 · Jan 2025January 2025 | 46,800 /yr | |
| 114 | 1-bed | 1,354 sqft | AED 902KAED 902,089 · Feb 2026February 2026 | 60,000 /yr |
111, May Residence Tower 2 in numbers
- Sold once: by May Real Estate Development on 18 October 2024 for AED 850,000, or AED 755 per sqft.
- Rented since September 2021 on 3 Ejari contracts, from AED 34,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 17,500 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 31 December 2025.
Questions about 111, May Residence Tower 2
What did unit 111 last sell for?
AED 850,000 on 18 October 2024, sold by the developer: AED 755 per sqft for 1,125 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 60,000 a year on the contract renewed on 31 December 2025. The previous contract, from January 2025, was AED 60,000; the unit has been rented since September 2021.
How big is unit 111?
1,125 sqft (104.5 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.
What is unit 111 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.
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Mortgage on 111, May Residence Tower 2
Starts from the last sale price (AED 850K, 18 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →