303, May Residence Tower 2
Sold prices and rental history: sold 4 times, last in August 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 303, May Residence Tower 2
What is 303 worth today?
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Source: Dubai Land Department. Updated 11 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 421 sqft
- Floor
- 3rd of 5
- Parking
- G-34
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 420K · August 2025
- Building
- May Residence Tower 2
About 303, May Residence Tower 2
303 is a studio of 421 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 11 August 2025 for AED 420,000, or AED 996 per sqft, in line with the AED 993 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 30 June 2025, is AED 38,500 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 6,600 a year.
Sales and rents for 303 over time
303 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 303 sits
All 30 studios →303 last sold in August 2025 at AED 996 per sqft, in line with what studios in May Residence Tower 2 were fetching at the time (AED 993). 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. 303's AED 38,500 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 | ||
| 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 3rd floor
All 70 units in May Residence Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 845 sqft | AED 665KAED 665,000 · May 2024May 2024 | 30,000 /yr | |
| 302 | 1-bed | 857 sqft | AED 650KAED 650,000 · Apr 2024April 2024 | 53,000 /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 |
303, May Residence Tower 2 in numbers
- Sold 4 times: first on 16 November 2016 for AED 364,000, last on 11 August 2025 for AED 420,000 (AED 996 per sqft).
- Rented since April 2020 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 21,000 in 2021 and recovered to AED 38,500 by June 2025.
- At AED 38,500 a year the gross yield on the 2025 price is 9.2%, 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 11 August 2025.
Questions about 303, May Residence Tower 2
What did unit 303 last sell for?
AED 420,000 on 11 August 2025: AED 996 per sqft for 421 sqft. The unit has 4 registered sales; the first was AED 364,000 in November 2016.
What is the rent for unit 303?
AED 38,500 a year on the contract signed on 30 June 2025. The previous contract, from June 2023, was AED 35,000; the unit has been rented since April 2020.
How big is unit 303?
421 sqft (39.1 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 303 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 303, May Residence Tower 2
Starts from the last sale price (AED 420K, 11 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →