1-bed · 1,352 sqftMay Residence Tower 3, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

114, May Residence Tower 3

Sold prices and rental history: sold once, by the developer in September 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 810K15 September 2025
Current rentAED 48K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, May Residence Tower 3

What is 114 worth today?

Last sold for AED 810,000 in 2025

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15 Sep 2025Sold by developerReady
AED 810,000AED 598 per sqft
1 Mar 2025RentedRenewal
AED 48,400/yr12 months · AED 36 per sqft
1 Mar 2025RentedRenewal
AED 48,400/yr12 months · AED 36 per sqft
1 Mar 2024RentedNew contract
AED 44,000/yr12 months · AED 33 per sqft
1 Mar 2023RentedNew contract
AED 41,400/yr12 months · AED 31 per sqft
1 Jan 2022RentedRenewal
AED 36,000/yr14 months · AED 27 per sqft
1 Nov 2020RentedNew contract
AED 37,000/yr14 months · AED 27 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
1,352 sqft
Floor
1st of 5
Parking
B-204
Developer
May Real Estate Development
Completed
2019
Service charge
AED 21,300 /yr
Last sold
AED 810K · September 2025

About 114, May Residence Tower 3

114 is a one-bedroom apartment of 1,352 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 September 2025 for AED 810,000, or AED 598 per sqft, 20% below the AED 752 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 48,400 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 21,300 a year.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical one-bed in May Residence Tower 3
600K800K2016201920222025Typical 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, September 2025: AED 810,000 (AED 598 per sqft)

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

Rents
Unit 114, 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 2020: AED 37,000 a yearRenewal, January 2022: AED 36,000 a yearNew contract, March 2023: AED 41,400 a yearNew contract, March 2024: AED 44,000 a yearRenewal, March 2025: AED 48,400 a yearRenewal, March 2025: AED 48,400 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 114 sits

All 38 1-beds →

114 last sold in September 2025 at AED 598 per sqft, 20% below what one-beds in May Residence Tower 3 were fetching at the time (AED 752). 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. 114's AED 48,400 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026875,000
21 Aug 2026600,000
10 Aug 2026660,000
7 Apr 2026763,000
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

114, May Residence Tower 3 in numbers

  • Sold once: by May Real Estate Development on 15 September 2025 for AED 810,000, or AED 598 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 37,000 to AED 48,400 a year.
  • At AED 48,400 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 21,300 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 15 September 2025.

Questions about 114, May Residence Tower 3

What did unit 114 last sell for?

AED 810,000 on 15 September 2025, sold by the developer: AED 598 per sqft for 1,352 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 48,400 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 48,400; the unit has been rented since November 2020.

How big is unit 114?

1,352 sqft (125.6 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.

What is unit 114 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 114, May Residence Tower 3

Starts from the last sale price (AED 810K, 15 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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