1-bed · 1,167 sqftMay Residence Tower 3, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

111, May Residence Tower 3

Sold prices and rental history: sold twice, last in April 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 763K7 April 2026
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, May Residence Tower 3

What is 111 worth today?

Last sold for AED 763,000 in 2026

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1 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
7 Apr 2026SoldReady
AED 763,000AED 653 per sqft
21 May 2025Sold by developerReady
AED 700,152AED 600 per sqft
1 Nov 2024RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
1 Nov 2023RentedRenewal
AED 44,000/yr12 months · AED 38 per sqft
1 Nov 2022RentedNew contract
AED 33,000/yr12 months · AED 28 per sqft
1 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 26 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
1,167 sqft
Floor
1st of 5
Parking
G-15
Developer
May Real Estate Development
Completed
2019
Service charge
AED 18,300 /yr
Last sold
AED 763K · April 2026

About 111, May Residence Tower 3

111 is a one-bedroom apartment of 1,167 sqft on the 1st floor of May Residence Tower 3, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by May Real Estate Development. It last sold on 7 April 2026 for AED 763,000, or AED 653 per sqft, 8% below the AED 706 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 July 2026, is AED 55,000 a year: a gross yield of 7.2% on the 2026 price, before the service charge of about AED 18,300 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in May Residence Tower 3
600K700K2016201920222025Typical sale price by year: 2016 AED 600,000; 2023 AED 567,748; 2024 AED 655,000; 2025 AED 677,500; 2026 AED 711,500Sold by developer, May 2025: AED 700,152 (AED 600 per sqft)Sold, April 2026: AED 763,000 (AED 653 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in May Residence Tower 3
40K60K2020202220242026Typical rent by year: 2020 AED 37,250; 2021 AED 32,000; 2022 AED 35,500; 2023 AED 45,600; 2024 AED 55,000; 2025 AED 57,500; 2026 AED 58,000New contract, November 2021: AED 30,000 a yearNew contract, November 2022: AED 33,000 a yearRenewal, November 2023: AED 44,000 a yearRenewal, November 2024: AED 50,000 a yearNew contract, July 2026: AED 55,000 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 3, and where 111 sits

All 38 1-beds →

111 last sold in April 2026 at AED 653 per sqft, 8% below what one-beds in May Residence Tower 3 were fetching at the time (AED 706). Over the last 12 months one-beds sold for AED 600,000 to 875,000, around AED 699 per sqft, and rent for AED 50,000 to 81,000 a year. 111's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026875,000
21 Aug 2026600,000
10 Aug 2026660,000
15 Sep 2025810,000
4 1-bed sales in the last 12 months

May Residence Tower 3

Building

66 apartments, studios to 1-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2019 by May Real Estate Development. 7 sold in the last 12 months.

Typical price per sqft
AED 781
Typical sale
AED 600K
Typical rent
AED 50K /yr
Typical yield
10.3%
May Residence Tower 3, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 66 units in May Residence Tower 3
Value
1011-bedAED 727K · May 2025
1021-bedAED 875K · Oct 2026
103StudioAED 410K · Nov 2023
104StudioAED 400K · Oct 2023
105StudioAED 470K · Oct 2016
106StudioAED 395K · Sep 2018
1071-bedAED 715K · Apr 2024
1–7 of 13

111, May Residence Tower 3 in numbers

  • Sold twice: first on 21 May 2025 for AED 700,152, last on 7 April 2026 for AED 763,000 (AED 653 per sqft).
  • Rented since November 2021 on 5 Ejari contracts, from AED 30,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2026 price is 7.2%, before a service charge of about AED 18,300 a year (AED 15.72 per sqft).
  • One-beds in May Residence Tower 3 sold for AED 600,000–875,000 in the 12 months to November 2026; the building's median across all types is AED 781 per sqft.

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 111, May Residence Tower 3

What did unit 111 last sell for?

AED 763,000 on 7 April 2026: AED 653 per sqft for 1,167 sqft. The unit has 2 registered sales; the first was AED 700,152 in May 2025.

What is the rent for unit 111?

AED 55,000 a year on the contract signed on 1 July 2026. The previous contract, from November 2024, was AED 50,000; the unit has been rented since November 2021.

How big is unit 111?

1,167 sqft (108.4 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.

What is unit 111 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 3 sold for AED 600,000 to 875,000 in the last 12 months, around AED 699 per sqft.

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Mortgage on 111, May Residence Tower 3

Starts from the last sale price (AED 763K, 7 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 763,000
Deposit, UAE resident (20%)
AED 152,600
Deposit, non-resident (40%)
AED 305,200
Monthly over 25 years at 3.7%
AED 3,122

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