202, May Residence Tower 3
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, May Residence Tower 3
What is 202 worth today?
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Source: Dubai Land Department. Updated 14 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 2nd of 5
- Parking
- B-205
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,500 /yr
- Last sold
- AED 660K · March 2024
- Building
- May Residence Tower 3
About 202, May Residence Tower 3
202 is a one-bedroom apartment of 857 sqft on the 2nd 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 19 March 2024 for AED 660,000, or AED 770 per sqft, 10% above the AED 697 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 14 December 2024, is AED 65,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 13,500 a year.
Sales and rents for 202 over time
202 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 3, and where 202 sits
All 38 1-beds →202 last sold in March 2024 at AED 770 per sqft, 10% above what one-beds in May Residence Tower 3 were fetching at the time (AED 697). 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. 202's AED 65,000 is in the lower half 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
- 10.5%
Other units on the 2nd floor
All 66 units in May Residence Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 845 sqft | AED 710KAED 710,000 · Oct 2016October 2016 | 50,000 /yr | |
| 203 | Studio | 421 sqft | AED 347KAED 347,000 · May 2016May 2016 | 45,000 /yr | |
| 204 | Studio | 422 sqft | AED 500KAED 500,000 · Jan 2026January 2026 | 50,000 /yr | |
| 205 | Studio | 415 sqft | AED 380KAED 380,000 · Jul 2016July 2016 | 45,000 /yr | |
| 206 | Studio | 422 sqft | AED 349KAED 349,000 · Jun 2016June 2016 | 45,000 /yr | |
| 207 | 1-bed | 782 sqft | AED 625KAED 625,000 · Jul 2024July 2024 | 62,000 /yr | |
| 208 | 1-bed | 819 sqft | AED 575KAED 575,400 · Jul 2023July 2023 | ||
| 209 | Studio | 469 sqft | AED 389KAED 389,000 · May 2017May 2017 | 43,000 /yr | |
| 210 | Studio | 464 sqft | AED 440KAED 440,000 · Apr 2025April 2025 | 42,000 /yr | |
| 211 | 1-bed | 721 sqft | AED 527KAED 526,695 · Oct 2023October 2023 | 54,600 /yr | |
| 212 | 1-bed | 706 sqft | AED 599KAED 599,000 · Jul 2016July 2016 | 52,000 /yr | |
| 213 | 1-bed | 882 sqft | AED 600KAED 600,000 · Aug 2026August 2026 | 65,000 /yr | |
| 214 | 1-bed | 881 sqft | AED 760KAED 760,000 · Jan 2024January 2024 | 65,000 /yr |
202, May Residence Tower 3 in numbers
- Sold twice: first on 20 November 2023 for AED 501,233, last on 19 March 2024 for AED 660,000 (AED 770 per sqft).
- Rented since December 2021 on 4 Ejari contracts, from AED 32,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 13,500 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 14 December 2024.
Questions about 202, May Residence Tower 3
What did unit 202 last sell for?
AED 660,000 on 19 March 2024: AED 770 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 501,233 in November 2023.
What is the rent for unit 202?
AED 65,000 a year on the contract signed on 14 December 2024. The previous contract, from December 2023, was AED 45,000; the unit has been rented since December 2021.
How big is unit 202?
857 sqft (79.6 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 202 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 202, May Residence Tower 3
Starts from the last sale price (AED 660K, 19 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 660,000
- Deposit, UAE resident (20%)
- AED 132,000
- Deposit, non-resident (40%)
- AED 264,000
- Monthly over 25 years at 3.7%
- AED 2,700
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →