308, May Residence Tower 3
Sold prices and rental history: sold once, by the developer in December 2023, 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 308, May Residence Tower 3
What is 308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 3rd of 5
- Parking
- B-17
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 12,900 /yr
- Last sold
- AED 576K · December 2023
- Building
- May Residence Tower 3
About 308, May Residence Tower 3
308 is a one-bedroom apartment of 819 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. The developer sold it on 12 December 2023 for AED 575,505, or AED 702 per sqft, in line with the AED 693 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 50,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 12,900 a year.
Sales and rents for 308 over time
308 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 308 sits
All 38 1-beds →308 last sold in December 2023 at AED 702 per sqft, in line with what one-beds in May Residence Tower 3 were fetching at the time (AED 693). 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. 308's AED 50,000 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 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 | |
| 304 | Studio | 422 sqft | AED 375KAED 375,000 · Jul 2023July 2023 | 33,000 /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 | |
| 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 |
308, May Residence Tower 3 in numbers
- Sold once: by May Real Estate Development on 12 December 2023 for AED 575,505, or AED 702 per sqft.
- Rented since August 2021 on 7 Ejari contracts, from AED 31,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 12,900 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 1 August 2026.
Questions about 308, May Residence Tower 3
What did unit 308 last sell for?
AED 575,505 on 12 December 2023, sold by the developer: AED 702 per sqft for 819 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 50,000 a year on the contract signed on 1 August 2026. The previous contract, from October 2025, was AED 57,500; the unit has been rented since August 2021.
How big is unit 308?
819 sqft (76.1 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 308 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.
Selling 308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 308, May Residence Tower 3
Starts from the last sale price (AED 576K, 12 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 575,505
- Deposit, UAE resident (20%)
- AED 115,101
- Deposit, non-resident (40%)
- AED 230,202
- Monthly over 25 years at 3.7%
- AED 2,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →