1-bed · 857 sqftMay Residence Tower 2, Jumeirah Village Circle (JVC) · 2nd floor · completed 2019

202, May Residence Tower 2

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 650K22 June 2025
Current rentAED 42K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, May Residence Tower 2

What is 202 worth today?

Last sold for AED 650,000 in 2025

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1 Dec 2025RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
22 Jun 2025SoldReady
AED 650,000AED 758 per sqft
1 Dec 2024RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
27 Nov 2023Sold by developerReady
AED 531,222AED 620 per sqft
15 Nov 2023RentedRenewal
AED 52,000/yr12 months · AED 61 per sqft
15 Nov 2022RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
20 Oct 2021RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
2nd of 5
Parking
B-159
Developer
May Real Estate Development
Completed
2019
Service charge
AED 13,300 /yr
Last sold
AED 650K · June 2025

About 202, May Residence Tower 2

202 is a one-bedroom apartment of 857 sqft on the 2nd 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 22 June 2025 for AED 650,000, or AED 758 per sqft, in line with the AED 748 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 1 December 2025, is AED 42,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 13,300 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, November 2023: AED 531,222 (AED 620 per sqft)Sold, June 2025: AED 650,000 (AED 758 per sqft)

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

Rents
Unit 202, 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, October 2021: AED 33,000 a yearNew contract, November 2022: AED 38,000 a yearRenewal, November 2023: AED 52,000 a yearNew contract, December 2024: AED 60,000 a yearRenewal, December 2025: AED 42,000 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 202 sits

All 40 1-beds →

202 last sold in June 2025 at AED 758 per sqft, in line with what one-beds in May Residence Tower 2 were fetching at the time (AED 748). 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. 202's AED 42,000 is at the bottom 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 2nd floor

All 70 units in May Residence Tower 2
Value
2011-bedAED 635K · Feb 2025
203StudioAED 500K · Jul 2026
204StudioAED 460K · Sep 2025
205StudioAED 344K · Jun 2023
206StudioAED 435K · Jul 2026
2071-bedAED 570K · May 2023
2081-bedAED 615K · Apr 2025
1–7 of 13

202, May Residence Tower 2 in numbers

  • Sold twice: first on 27 November 2023 for AED 531,222, last on 22 June 2025 for AED 650,000 (AED 758 per sqft).
  • Rented since October 2021 on 5 Ejari contracts, from AED 33,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 13,300 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 1 December 2025.

Questions about 202, May Residence Tower 2

What did unit 202 last sell for?

AED 650,000 on 22 June 2025: AED 758 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 531,222 in November 2023.

What is the rent for unit 202?

AED 42,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 60,000; the unit has been rented since October 2021.

How big is unit 202?

857 sqft (79.6 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2019.

What is unit 202 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 202, May Residence Tower 2

Starts from the last sale price (AED 650K, 22 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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