401, May Residence Tower 2
Sold prices and rental history: sold twice, last in May 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, May Residence Tower 2
What is 401 worth today?
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Source: Dubai Land Department. Updated 26 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 845 sqft
- Floor
- 4th of 5
- Parking
- B-56
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,100 /yr
- Last sold
- AED 645K · May 2025
- Building
- May Residence Tower 2
About 401, May Residence Tower 2
401 is a one-bedroom apartment of 845 sqft on the 4th 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 26 May 2025 for AED 645,000, or AED 763 per sqft, in line with the AED 748 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 10 February 2024, is AED 60,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 13,100 a year.
Sales and rents for 401 over time
401 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 401 sits
All 40 1-beds →401 last sold in May 2025 at AED 763 per sqft, in line with what one-beds in May Residence Tower 2 were fetching at the time (AED 748). 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. 401's AED 60,000 is in the lower half 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 4th floor
All 70 units in May Residence Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 857 sqft | AED 630KAED 630,000 · Mar 2025March 2025 | 74,000 /yr | |
| 403 | Studio | 421 sqft | AED 405KAED 405,000 · May 2024May 2024 | 32,000 /yr | |
| 404 | Studio | 422 sqft | AED 470KAED 470,000 · Sep 2025September 2025 | 55,000 /yr | |
| 405 | Studio | 415 sqft | AED 399KAED 399,000 · May 2024May 2024 | 50,000 /yr | |
| 406 | Studio | 422 sqft | AED 430KAED 430,000 · Sep 2024September 2024 | 45,000 /yr | |
| 407 | 1-bed | 782 sqft | AED 571KAED 571,000 · Oct 2023October 2023 | 55,000 /yr | |
| 408 | 1-bed | 819 sqft | AED 630KAED 630,000 · Feb 2025February 2025 | 62,000 /yr | |
| 409 | Studio | 471 sqft | AED 450KAED 450,000 · Jun 2024June 2024 | 45,000 /yr | |
| 410 | Studio | 464 sqft | AED 450KAED 450,000 · Apr 2024April 2024 | 45,000 /yr | |
| 411 | 1-bed | 721 sqft | AED 750KAED 750,000 · Feb 2026February 2026 | 50,000 /yr | |
| 412 | 1-bed | 706 sqft | AED 530KAED 530,000 · Nov 2023November 2023 | 48,000 /yr | |
| 413 | 1-bed | 882 sqft | AED 650KAED 650,000 · Mar 2025March 2025 | 39,168 /yr | |
| 414 | 1-bed | 881 sqft | AED 630KAED 630,000 · Sep 2023September 2023 | 36,000 /yr |
401, May Residence Tower 2 in numbers
- Sold twice: first on 27 November 2023 for AED 523,943, last on 26 May 2025 for AED 645,000 (AED 763 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 30,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 9.3%, 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 26 May 2025.
Questions about 401, May Residence Tower 2
What did unit 401 last sell for?
AED 645,000 on 26 May 2025: AED 763 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 523,943 in November 2023.
What is the rent for unit 401?
AED 60,000 a year on the contract signed on 10 February 2024. The previous contract, from November 2022, was AED 36,000; the unit has been rented since November 2021.
How big is unit 401?
845 sqft (78.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.
What is unit 401 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 401, May Residence Tower 2
Starts from the last sale price (AED 645K, 26 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 645,000
- Deposit, UAE resident (20%)
- AED 129,000
- Deposit, non-resident (40%)
- AED 258,000
- Monthly over 25 years at 3.7%
- AED 2,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →