112, May Residence Tower 3
Sold prices and rental history: sold once, by the developer in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 112, May Residence Tower 3
What is 112 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,155 sqft
- Floor
- 1st of 5
- Parking
- B-202
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 18,200 /yr
- Last sold
- AED 800K · October 2024
- Building
- May Residence Tower 3
About 112, May Residence Tower 3
112 is a one-bedroom apartment of 1,155 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. The developer sold it on 15 October 2024 for AED 800,000, or AED 692 per sqft, in line with the AED 701 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 16 November 2022, is AED 36,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 18,200 a year.
Sales and rents for 112 over time
112 has sold once; 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 3, and where 112 sits
All 38 1-beds →112 last sold in October 2024 at AED 692 per sqft, in line with what one-beds in May Residence Tower 3 were fetching at the time (AED 701). 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. 112's AED 36,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,217 sqft | 875,000 | 718 | ||
| 21 Aug 202621 August 2026 | 882 sqft | 600,000 | 680 | ||
| 10 Aug 202610 August 2026 | 845 sqft | 660,000 | 781 | ||
| 7 Apr 20267 April 2026 | 1,167 sqft | 763,000 | 653 |
May Residence Tower 3
Building66 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%
Other units on the 1st floor
All 66 units in May Residence Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,212 sqft | AED 727KAED 727,200 · May 2025May 2025 | 55,000 /yr | |
| 102 | 1-bed | 1,217 sqft | AED 875KAED 875,000 · Oct 2026October 2026 | ||
| 103 | Studio | 597 sqft | AED 410KAED 410,000 · Nov 2023November 2023 | 37,500 /yr | |
| 104 | Studio | 602 sqft | AED 400KAED 400,000 · Oct 2023October 2023 | 50,000 /yr | |
| 105 | Studio | 597 sqft | AED 470KAED 470,000 · Oct 2016October 2016 | 48,000 /yr | |
| 106 | Studio | 601 sqft | AED 395KAED 395,000 · Sep 2018September 2018 | 45,000 /yr | |
| 107 | 1-bed | 1,138 sqft | AED 715KAED 715,000 · Apr 2024April 2024 | 55,000 /yr | |
| 108 | 1-bed | 1,173 sqft | AED 767KAED 767,000 · Oct 2024October 2024 | 58,000 /yr | |
| 109 | Studio | 654 sqft | AED 480KAED 480,000 · Feb 2018February 2018 | 40,000 /yr | |
| 110 | Studio | 649 sqft | AED 475KAED 475,000 · Feb 2018February 2018 | 30,350 /yr | |
| 111 | 1-bed | 1,167 sqft | AED 763KAED 763,000 · Apr 2026April 2026 | 55,000 /yr | |
| 113 | 1-bed | 1,354 sqft | AED 828KAED 827,790 · Nov 2024November 2024 | 64,000 /yr | |
| 114 | 1-bed | 1,352 sqft | AED 810KAED 810,000 · Sep 2025September 2025 | 48,400 /yr |
112, May Residence Tower 3 in numbers
- Sold once: by May Real Estate Development on 15 October 2024 for AED 800,000, or AED 692 per sqft.
- Rented since November 2021 on 2 Ejari contracts, from AED 30,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 18,200 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 15 October 2024.
Questions about 112, May Residence Tower 3
What did unit 112 last sell for?
AED 800,000 on 15 October 2024, sold by the developer: AED 692 per sqft for 1,155 sqft. It is the only registered sale of the unit.
What is the rent for unit 112?
AED 36,000 a year on the contract renewed on 16 November 2022. The previous contract, from November 2021, was AED 30,000.
How big is unit 112?
1,155 sqft (107.3 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.
What is unit 112 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 112, May Residence Tower 3
Starts from the last sale price (AED 800K, 15 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →