209, May Residence Tower 2
Sold prices and rental history: sold twice, last in July 2024, 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 209, May Residence Tower 2
What is 209 worth today?
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Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 2nd of 5
- Parking
- G-72
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 7,300 /yr
- Last sold
- AED 450K · July 2024
- Building
- May Residence Tower 2
About 209, May Residence Tower 2
209 is a studio of 471 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 31 July 2024 for AED 450,000, or AED 955 per sqft, 7% above the AED 890 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 15 June 2026, is AED 50,000 a year: a gross yield of 11.1% on the 2024 price, before the service charge of about AED 7,300 a year.
Sales and rents for 209 over time
209 has sold twice; 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 209 sits
All 30 studios →209 last sold in July 2024 at AED 955 per sqft, 7% above what studios in May Residence Tower 2 were fetching at the time (AED 890). 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. 209's AED 50,000 is in the upper 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 | ||
| 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 | |
| 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 | |
| 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 | |
| 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 |
209, May Residence Tower 2 in numbers
- Sold twice: first on 16 November 2016 for AED 401,000, last on 31 July 2024 for AED 450,000 (AED 955 per sqft).
- Rented since April 2020 on 6 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2021 and recovered to AED 50,000 by June 2026.
- At AED 50,000 a year the gross yield on the 2024 price is 11.1%, before a service charge of about AED 7,300 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 15 June 2026.
Questions about 209, May Residence Tower 2
What did unit 209 last sell for?
AED 450,000 on 31 July 2024: AED 955 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 401,000 in November 2016.
What is the rent for unit 209?
AED 50,000 a year on the contract signed on 15 June 2026. The previous contract, from June 2024, was AED 45,000; the unit has been rented since April 2020.
How big is unit 209?
471 sqft (43.8 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 209 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 209, May Residence Tower 2
Starts from the last sale price (AED 450K, 31 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →