
304, May Residence Tower 3
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, May Residence Tower 3
What is 304 worth today?
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Source: Dubai Land Department. Updated 15 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 422 sqft
- Floor
- 3rd of 5
- Parking
- G-75
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 6,600 /yr
- Last sold
- AED 375K · July 2023
- Building
- May Residence Tower 3
About 304, May Residence Tower 3
304 is a studio of 422 sqft on the 3rd 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 11 July 2023 for AED 375,000, or AED 888 per sqft.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 33,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 6,600 a year.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in May Residence Tower 3, and where 304 sits
All 28 studios →Over the last 12 months studios sold for AED 500,000, around AED 1,185 per sqft, and rent for AED 33,000 to 50,000 a year. 304's AED 33,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jun 20268 June 2026 | 422 sqft | 500,000 | 1,185 | ||
| 15 Jan 202615 January 2026 | 422 sqft | 500,000 | 1,185 | ||
| 9 Jan 20269 January 2026 | 421 sqft | 500,000 | 1,186 | ||
| 7 Aug 20257 August 2025 | 426 sqft | 470,000 | 1,102 |
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 3rd floor
All 66 units in May Residence Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 845 sqft | AED 630KAED 630,000 · Feb 2025February 2025 | 80,000 /yr | |
| 302 | 1-bed | 857 sqft | AED 650KAED 650,000 · Jul 2025July 2025 | 68,000 /yr | |
| 303 | Studio | 421 sqft | AED 375KAED 375,000 · Oct 2023October 2023 | 42,000 /yr | |
| 305 | Studio | 415 sqft | AED 349KAED 349,000 · Jun 2016June 2016 | 50,000 /yr | |
| 306 | Studio | 422 sqft | AED 353KAED 353,000 · Jun 2016June 2016 | 45,000 /yr | |
| 307 | 1-bed | 782 sqft | AED 675KAED 675,000 · Aug 2025August 2025 | 63,000 /yr | |
| 308 | 1-bed | 819 sqft | AED 576KAED 575,505 · Dec 2023December 2023 | 50,000 /yr | |
| 309 | Studio | 469 sqft | AED 393KAED 393,000 · May 2017May 2017 | 45,000 /yr | |
| 310 | Studio | 464 sqft | AED 390KAED 390,000 · May 2017May 2017 | 43,000 /yr | |
| 311 | 1-bed | 721 sqft | AED 650KAED 650,000 · Dec 2024December 2024 | 55,000 /yr | |
| 312 | 1-bed | 706 sqft | AED 600KAED 600,000 · Jul 2016July 2016 | 52,500 /yr | |
| 313 | 1-bed | 882 sqft | AED 600KAED 600,000 · Jul 2023July 2023 | 60,000 /yr | |
| 314 | 1-bed | 881 sqft | AED 635KAED 635,000 · Sep 2023September 2023 | 55,000 /yr |
304, May Residence Tower 3 in numbers
- Sold twice: first on 21 June 2016 for AED 354,000, last on 11 July 2023 for AED 375,000 (AED 888 per sqft).
- Rented since April 2020 on 7 Ejari contracts. The rent fell from AED 26,500 to AED 22,000 in 2021 and recovered to AED 33,000 by April 2026.
- At AED 33,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 6,600 a year (AED 15.72 per sqft).
- Studios in May Residence Tower 3 sold for AED 500,000–500,000 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 April 2026.
Questions about 304, May Residence Tower 3
What did unit 304 last sell for?
AED 375,000 on 11 July 2023: AED 888 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 354,000 in June 2016.
What is the rent for unit 304?
AED 33,000 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 30,000; the unit has been rented since April 2020.
How big is unit 304?
422 sqft (39.2 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in May Residence Tower 3 sold for AED 500,000 to 500,000 in the last 12 months, around AED 1,185 per sqft.
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Mortgage on 304, May Residence Tower 3
Starts from the last sale price (AED 375K, 11 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 375,000
- Deposit, UAE resident (20%)
- AED 75,000
- Deposit, non-resident (40%)
- AED 150,000
- Monthly over 25 years at 3.7%
- AED 1,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →