301, May Residence Tower 2
Sold prices and rental history: sold twice, last in May 2024, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, May Residence Tower 2
What is 301 worth today?
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Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 845 sqft
- Floor
- 3rd of 5
- Parking
- B-141
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,100 /yr
- Last sold
- AED 665K · May 2024
- Building
- May Residence Tower 2
About 301, May Residence Tower 2
301 is a one-bedroom apartment of 845 sqft on the 3rd 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 28 May 2024 for AED 665,000, or AED 787 per sqft, 14% above the AED 693 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 December 2021. The current contract, signed on 10 December 2021, is AED 30,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 301 over time
301 has sold twice; the dashed line is the one-bed median of each year in the building.
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 301 sits
All 40 1-beds →301 last sold in May 2024 at AED 787 per sqft, 14% above what one-beds in May Residence Tower 2 were fetching at the time (AED 693). 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. 301's AED 30,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,218 sqft | 950,000 | 779 | ||
| 19 Feb 202619 February 2026 | 721 sqft | 750,000 | 1,040 | ||
| 18 Feb 202618 February 2026 | 1,354 sqft | 902,089 | 666 | ||
| 16 Jan 202616 January 2026 | 882 sqft | 750,000 | 850 |
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 3rd floor
All 70 units in May Residence Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 1-bed | 857 sqft | AED 650KAED 650,000 · Apr 2024April 2024 | 53,000 /yr | |
| 303 | Studio | 421 sqft | AED 420KAED 420,000 · Aug 2025August 2025 | 38,500 /yr | |
| 304 | Studio | 422 sqft | AED 510KAED 510,000 · Aug 2026August 2026 | 39,000 /yr | |
| 305 | Studio | 415 sqft | AED 437KAED 437,000 · Jun 2024June 2024 | 30,000 /yr | |
| 306 | Studio | 422 sqft | AED 400KAED 400,000 · Jul 2024July 2024 | 50,000 /yr | |
| 307 | 1-bed | 782 sqft | AED 551KAED 551,000 · May 2023May 2023 | 63,000 /yr | |
| 308 | 1-bed | 819 sqft | AED 625KAED 625,000 · Aug 2024August 2024 | 66,000 /yr | |
| 309 | Studio | 471 sqft | AED 450KAED 450,000 · May 2024May 2024 | 40,000 /yr | |
| 310 | Studio | 464 sqft | AED 498KAED 498,000 · Apr 2026April 2026 | 35,000 /yr | |
| 311 | 1-bed | 721 sqft | AED 500KAED 500,000 · Jul 2023July 2023 | 54,500 /yr | |
| 312 | 1-bed | 706 sqft | AED 750KAED 750,000 · Jul 2024July 2024 | 55,000 /yr | |
| 313 | 1-bed | 882 sqft | AED 600KAED 600,000 · Aug 2025August 2025 | 55,000 /yr | |
| 314 | 1-bed | 881 sqft | AED 655KAED 655,000 · Apr 2024April 2024 | 62,000 /yr |
301, May Residence Tower 2 in numbers
- Sold twice: first on 29 March 2023 for AED 541,000, last on 28 May 2024 for AED 665,000 (AED 787 per sqft).
- Rented since December 2021 on one Ejari contract, at AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 13,100 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 28 May 2024.
Questions about 301, May Residence Tower 2
What did unit 301 last sell for?
AED 665,000 on 28 May 2024: AED 787 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 541,000 in March 2023.
What is the rent for unit 301?
AED 30,000 a year on the contract signed on 10 December 2021.
How big is unit 301?
845 sqft (78.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 301 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 301, May Residence Tower 2
Starts from the last sale price (AED 665K, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →