206, May Residence Tower 2
Sold prices and rental history: sold 4 times, last in July 2026, 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 206, May Residence Tower 2
What is 206 worth today?
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Source: Dubai Land Department. Updated 17 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 422 sqft
- Floor
- 2nd of 5
- Parking
- G-71
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 435K · July 2026
- Building
- May Residence Tower 2
About 206, May Residence Tower 2
206 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 14 July 2026 for AED 435,000, or AED 1,031 per sqft, in line with the AED 1,031 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 17 August 2026, is AED 37,500 a year: a gross yield of 8.6% on the 2026 price, before the service charge of about AED 6,600 a year.
Sales and rents for 206 over time
206 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 206 sits
All 30 studios →206 last sold in July 2026 at AED 1,031 per sqft, in line with what studios in May Residence Tower 2 were fetching at the time (AED 1,031). 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. 206's AED 37,500 is in the lower half 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 | ||
| 3 Apr 20263 April 2026 | 464 sqft | 498,000 | 1,072 | ||
| 28 Oct 202528 October 2025 | 421 sqft | 423,000 | 1,004 |
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 | |
| 204 | Studio | 422 sqft | AED 460KAED 460,000 · Sep 2025September 2025 | 35,000 /yr | |
| 205 | Studio | 415 sqft | AED 344KAED 343,750 · Jun 2023June 2023 | 30,250 /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 |
206, May Residence Tower 2 in numbers
- Sold 4 times: first on 16 November 2016 for AED 364,000, last on 14 July 2026 for AED 435,000 (AED 1,031 per sqft).
- Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 25,000 in 2022 and recovered to AED 37,500 by August 2026.
- At AED 37,500 a year the gross yield on the 2026 price is 8.6%, 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 17 August 2026.
Questions about 206, May Residence Tower 2
What did unit 206 last sell for?
AED 435,000 on 14 July 2026: AED 1,031 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 206?
AED 37,500 a year on the contract signed on 17 August 2026. The previous contract, from August 2024, was AED 40,000; the unit has been rented since March 2020.
How big is unit 206?
422 sqft (39.2 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 206 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 206, May Residence Tower 2
Starts from the last sale price (AED 435K, 14 July 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 435,000
- Deposit, UAE resident (20%)
- AED 87,000
- Deposit, non-resident (40%)
- AED 174,000
- Monthly over 25 years at 3.7%
- AED 1,780
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →