1-bed · 1,354 sqftMay Residence Tower 2, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

114, May Residence Tower 2

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 902K18 February 2026
Current rentAED 60K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, May Residence Tower 2

What is 114 worth today?

Last sold for AED 902,089 in 2026

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15 Jun 2026RentedNew contract
AED 60,000/yr12 months · AED 44 per sqft
18 Feb 2026SoldReady
AED 902,089AED 666 per sqft
22 Jan 2025Sold by developerReady
AED 648,413AED 478 per sqft
15 Nov 2024RentedRenewal
AED 60,000/yr12 months · AED 44 per sqft
15 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 41 per sqft
15 Nov 2022RentedNew contract
AED 40,000/yr12 months · AED 30 per sqft
3 Sep 2021RentedNew contract
AED 38,000/yr14 months · AED 28 per sqft
20 May 2020RentedNew contract
AED 42,000/yr12 months · AED 31 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
1-bed apartment
Size
1,354 sqft
Floor
1st of 5
Parking
B-157
Developer
May Real Estate Development
Completed
2019
Service charge
AED 21,100 /yr
Last sold
AED 902K · February 2026

About 114, May Residence Tower 2

114 is a one-bedroom apartment of 1,354 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. It last sold on 18 February 2026 for AED 902,089, or AED 666 per sqft, 11% below the AED 745 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 June 2026, is AED 60,000 a year: a gross yield of 6.7% on the 2026 price, before the service charge of about AED 21,100 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, January 2025: AED 648,413 (AED 478 per sqft)Sold, February 2026: AED 902,089 (AED 666 per sqft)

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

Rents
Unit 114, each contractTypical one-bed in May Residence Tower 2
40K60K2020202220242026Typical 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, May 2020: AED 42,000 a yearNew contract, September 2021: AED 38,000 a yearNew contract, November 2022: AED 40,000 a yearRenewal, November 2023: AED 55,000 a yearRenewal, November 2024: AED 60,000 a yearNew contract, June 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 114 sits

All 40 1-beds →

114 last sold in February 2026 at AED 666 per sqft, 11% below what one-beds in May Residence Tower 2 were fetching at the time (AED 745). 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. 114'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
16 Jan 2026750,000
24 Oct 2025600,000
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
1071-bedAED 753K · Jul 2024
1–7 of 13

114, May Residence Tower 2 in numbers

  • Sold twice: first on 22 January 2025 for AED 648,413, last on 18 February 2026 for AED 902,089 (AED 666 per sqft).
  • Rented since May 2020 on 6 Ejari contracts, from AED 42,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2026 price is 6.7%, before a service charge of about AED 21,100 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 15 June 2026.

Questions about 114, May Residence Tower 2

What did unit 114 last sell for?

AED 902,089 on 18 February 2026: AED 666 per sqft for 1,354 sqft. The unit has 2 registered sales; the first was AED 648,413 in January 2025.

What is the rent for unit 114?

AED 60,000 a year on the contract signed on 15 June 2026. The previous contract, from November 2024, was AED 60,000; the unit has been rented since May 2020.

How big is unit 114?

1,354 sqft (125.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.

What is unit 114 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 114, May Residence Tower 2

Starts from the last sale price (AED 902K, 18 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 902,089
Deposit, UAE resident (20%)
AED 180,418
Deposit, non-resident (40%)
AED 360,836
Monthly over 25 years at 3.7%
AED 3,691

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