204, May Residence Tower 2
Sold prices and rental history: sold 4 times, last in September 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, May Residence Tower 2
What is 204 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 422 sqft
- Floor
- 2nd of 5
- Parking
- G-69
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 460K · September 2025
- Building
- May Residence Tower 2
About 204, May Residence Tower 2
204 is a studio of 422 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 September 2025 for AED 460,000, or AED 1,090 per sqft, 8% above the AED 1,008 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 35,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 6,600 a year.
Sales and rents for 204 over time
204 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in May Residence Tower 2, and where 204 sits
All 30 studios →204 last sold in September 2025 at AED 1,090 per sqft, 8% above what studios in May Residence Tower 2 were fetching at the time (AED 1,008). Over the last 12 months studios sold for AED 435,000 to 510,000, around AED 1,129 per sqft, and rent for AED 35,000 to 56,000 a year. 204's AED 35,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 422 sqft | 510,000 | 1,209 | ||
| 27 Jul 202627 July 2026 | 421 sqft | 500,000 | 1,186 | ||
| 14 Jul 202614 July 2026 | 422 sqft | 435,000 | 1,031 | ||
| 3 Apr 20263 April 2026 | 464 sqft | 498,000 | 1,072 |
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 2nd floor
All 70 units in May Residence Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 845 sqft | AED 635KAED 635,000 · Feb 2025February 2025 | 60,000 /yr | |
| 202 | 1-bed | 857 sqft | AED 650KAED 650,000 · Jun 2025June 2025 | 42,000 /yr | |
| 203 | Studio | 421 sqft | AED 500KAED 500,000 · Jul 2026July 2026 | 32,000 /yr | |
| 205 | Studio | 415 sqft | AED 344KAED 343,750 · Jun 2023June 2023 | 30,250 /yr | |
| 206 | Studio | 422 sqft | AED 435KAED 435,000 · Jul 2026July 2026 | 37,500 /yr | |
| 207 | 1-bed | 782 sqft | AED 570KAED 570,000 · May 2023May 2023 | 63,000 /yr | |
| 208 | 1-bed | 819 sqft | AED 615KAED 615,000 · Apr 2025April 2025 | 72,000 /yr | |
| 209 | Studio | 471 sqft | AED 450KAED 450,000 · Jul 2024July 2024 | 50,000 /yr | |
| 210 | Studio | 464 sqft | AED 460KAED 460,000 · Dec 2024December 2024 | 42,113 /yr | |
| 211 | 1-bed | 721 sqft | AED 560KAED 560,000 · Jan 2024January 2024 | 56,000 /yr | |
| 212 | 1-bed | 706 sqft | AED 519KAED 519,000 · May 2023May 2023 | 50,000 /yr | |
| 213 | 1-bed | 882 sqft | AED 750KAED 750,000 · Jan 2026January 2026 | 60,000 /yr | |
| 214 | 1-bed | 881 sqft | AED 605KAED 605,000 · Nov 2023November 2023 | 70,000 /yr |
204, May Residence Tower 2 in numbers
- Sold 4 times: first on 16 November 2016 for AED 364,000, last on 22 September 2025 for AED 460,000 (AED 1,090 per sqft).
- Rented since April 2020 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 21,000 in 2021 and recovered to AED 35,000 by August 2026.
- At AED 35,000 a year the gross yield on the 2025 price is 7.6%, before a service charge of about AED 6,600 a year (AED 15.55 per sqft).
- Studios in May Residence Tower 2 sold for AED 435,000–510,000 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 August 2026.
Questions about 204, May Residence Tower 2
What did unit 204 last sell for?
AED 460,000 on 22 September 2025: AED 1,090 per sqft for 422 sqft. The unit has 4 registered sales; the first was AED 364,000 in November 2016.
What is the rent for unit 204?
AED 35,000 a year on the contract signed on 1 August 2026. The previous contract, from January 2025, was AED 42,000; the unit has been rented since April 2020.
How big is unit 204?
422 sqft (39.2 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 204 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in May Residence Tower 2 sold for AED 435,000 to 510,000 in the last 12 months, around AED 1,129 per sqft.
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Mortgage on 204, May Residence Tower 2
Starts from the last sale price (AED 460K, 22 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →