1-bed · 721 sqftMay Residence Tower 3, Jumeirah Village Circle (JVC) · 2nd floor · completed 2019

211, May Residence Tower 3

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 527K23 October 2023
Current rentAED 55K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, May Residence Tower 3

What is 211 worth today?

Last sold for AED 526,695 in 2023

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10 Dec 2024RentedRenewal
AED 54,600/yr12 months · AED 76 per sqft
10 Dec 2024RentedRenewal
AED 54,600/yr12 months · AED 76 per sqft
10 Dec 2023RentedNew contract
AED 52,000/yr12 months · AED 72 per sqft
23 Oct 2023Sold by developerReady
AED 526,695AED 730 per sqft
20 Feb 2022RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
2nd of 5
Parking
B-164
Developer
May Real Estate Development
Completed
2019
Service charge
AED 11,300 /yr
Last sold
AED 527K · October 2023

About 211, May Residence Tower 3

211 is a one-bedroom apartment of 721 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. The developer sold it on 23 October 2023 for AED 526,695, or AED 730 per sqft, 4% above the AED 703 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 54,600 a year: a gross yield of 10.4% on the 2023 price, before the service charge of about AED 11,300 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical one-bed in May Residence Tower 3
500K600K700K2016201920222025Typical 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, October 2023: AED 526,695 (AED 730 per sqft)

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

Rents
Unit 211, 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, February 2022: AED 30,000 a yearNew contract, December 2023: AED 52,000 a yearRenewal, December 2024: AED 54,600 a yearRenewal, December 2024: AED 54,600 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 211 sits

All 38 1-beds →

211 last sold in October 2023 at AED 730 per sqft, 4% above what one-beds in May Residence Tower 3 were fetching at the time (AED 703). 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. 211's AED 54,600 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
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 2nd floor

All 66 units in May Residence Tower 3
Value
2011-bedAED 710K · Oct 2016
2021-bedAED 660K · Mar 2024
203StudioAED 347K · May 2016
204StudioAED 500K · Jan 2026
205StudioAED 380K · Jul 2016
206StudioAED 349K · Jun 2016
2071-bedAED 625K · Jul 2024
1–7 of 13

211, May Residence Tower 3 in numbers

  • Sold once: by May Real Estate Development on 23 October 2023 for AED 526,695, or AED 730 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 30,000 to AED 54,600 a year.
  • At AED 54,600 a year the gross yield on the 2023 price is 10.4%, before a service charge of about AED 11,300 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 10 December 2024.

Questions about 211, May Residence Tower 3

What did unit 211 last sell for?

AED 526,695 on 23 October 2023, sold by the developer: AED 730 per sqft for 721 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 54,600 a year on the contract renewed on 10 December 2024. The previous contract, from December 2024, was AED 54,600; the unit has been rented since February 2022.

How big is unit 211?

721 sqft (67.0 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2019.

What is unit 211 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 211, May Residence Tower 3

Starts from the last sale price (AED 527K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 526,695
Deposit, UAE resident (20%)
AED 105,339
Deposit, non-resident (40%)
AED 210,678
Monthly over 25 years at 3.7%
AED 2,155

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