313, May Residence Tower 3
Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 313, May Residence Tower 3
What is 313 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 882 sqft
- Floor
- 3rd of 5
- Parking
- B-20
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,900 /yr
- Last sold
- AED 600K · July 2023
- Building
- May Residence Tower 3
About 313, May Residence Tower 3
313 is a one-bedroom apartment of 882 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 7 July 2023 for AED 600,000, or AED 680 per sqft, in line with the AED 687 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 October 2024, is AED 60,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 13,900 a year.
Sales and rents for 313 over time
313 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 313 sits
All 38 1-beds →313 last sold in July 2023 at AED 680 per sqft, in line with what one-beds in May Residence Tower 3 were fetching at the time (AED 687). 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. 313's AED 60,000 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
- 10.3%
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 | |
| 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 | |
| 314 | 1-bed | 881 sqft | AED 635KAED 635,000 · Sep 2023September 2023 | 55,000 /yr |
313, May Residence Tower 3 in numbers
- Sold once: by May Real Estate Development on 7 July 2023 for AED 600,000, or AED 680 per sqft.
- Rented since January 2022 on 3 Ejari contracts, from AED 34,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 13,900 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 15 October 2024.
Questions about 313, May Residence Tower 3
What did unit 313 last sell for?
AED 600,000 on 7 July 2023, sold by the developer: AED 680 per sqft for 882 sqft. It is the only registered sale of the unit.
What is the rent for unit 313?
AED 60,000 a year on the contract signed on 15 October 2024. The previous contract, from September 2023, was AED 55,000; the unit has been rented since January 2022.
How big is unit 313?
882 sqft (81.9 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 313 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 313, May Residence Tower 3
Starts from the last sale price (AED 600K, 7 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →