1-bed · 881 sqftMay Residence Tower 2, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

314, May Residence Tower 2

Sold prices and rental history: sold twice, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 655K22 April 2024
Current rentAED 62K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, May Residence Tower 2

What is 314 worth today?

Last sold for AED 655,000 in 2024

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5 Nov 2025RentedNew contract
AED 62,000/yr12 months · AED 70 per sqft
22 Apr 2024SoldReady
AED 655,000AED 743 per sqft
5 Nov 2023RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
13 Mar 2023Sold by developerReady
AED 564,000AED 639 per sqft
5 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
3rd of 5
Parking
B-14
Developer
May Real Estate Development
Completed
2019
Service charge
AED 13,700 /yr
Last sold
AED 655K · April 2024

About 314, May Residence Tower 2

314 is a one-bedroom apartment of 881 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 22 April 2024 for AED 655,000, or AED 743 per sqft, 6% above the AED 699 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 November 2025, is AED 62,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 13,700 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical one-bed in May Residence Tower 2
600K800K20232024202520262027Typical sale price by year: 2023 AED 544,500; 2024 AED 665,000; 2025 AED 632,500; 2026 AED 826,045Sold by developer, March 2023: AED 564,000 (AED 639 per sqft)Sold, April 2024: AED 655,000 (AED 743 per sqft)

314 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 314, each contractTypical one-bed in May Residence Tower 2
40K60K2021202320252027Typical rent by year: 2021 AED 31,000; 2022 AED 36,000; 2023 AED 51,000; 2024 AED 58,000; 2025 AED 60,000; 2026 AED 60,000Renewal, November 2022: AED 40,000 a yearRenewal, November 2023: AED 50,000 a yearNew contract, November 2025: AED 62,000 a year

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 314 sits

All 40 1-beds →

314 last sold in April 2024 at AED 743 per sqft, 6% above what one-beds in May Residence Tower 2 were fetching at the time (AED 699). 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. 314's AED 62,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 2026950,000
19 Feb 2026750,000
18 Feb 2026902,089
16 Jan 2026750,000
4 1-bed sales in the last 12 months

May Residence Tower 2

Building

70 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%
May Residence Tower 2, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 70 units in May Residence Tower 2
Value
3011-bedAED 665K · May 2024
3021-bedAED 650K · Apr 2024
303StudioAED 420K · Aug 2025
304StudioAED 510K · Aug 2026
305StudioAED 437K · Jun 2024
306StudioAED 400K · Jul 2024
3071-bedAED 551K · May 2023
1–7 of 13

314, May Residence Tower 2 in numbers

  • Sold twice: first on 13 March 2023 for AED 564,000, last on 22 April 2024 for AED 655,000 (AED 743 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 40,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 13,700 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 5 November 2025.

Questions about 314, May Residence Tower 2

What did unit 314 last sell for?

AED 655,000 on 22 April 2024: AED 743 per sqft for 881 sqft. The unit has 2 registered sales; the first was AED 564,000 in March 2023.

What is the rent for unit 314?

AED 62,000 a year on the contract signed on 5 November 2025. The previous contract, from November 2023, was AED 50,000; the unit has been rented since November 2022.

How big is unit 314?

881 sqft (81.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.

What is unit 314 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 314, May Residence Tower 2

Starts from the last sale price (AED 655K, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →