314, May Residence Tower 3
Sold prices and rental history: sold once, by the developer in September 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 314, May Residence Tower 3
What is 314 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 881 sqft
- Floor
- 3rd of 5
- Parking
- B-21
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,900 /yr
- Last sold
- AED 635K · September 2023
- Building
- May Residence Tower 3
About 314, May Residence Tower 3
314 is a one-bedroom apartment of 881 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 15 September 2023 for AED 635,000, or AED 720 per sqft, 3% above the AED 698 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 55,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 13,900 a year.
Sales and rents for 314 over time
314 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 314 sits
All 38 1-beds →314 last sold in September 2023 at AED 720 per sqft, 3% above what one-beds in May Residence Tower 3 were fetching at the time (AED 698). 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. 314's AED 55,000 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 | |
| 313 | 1-bed | 882 sqft | AED 600KAED 600,000 · Jul 2023July 2023 | 60,000 /yr |
314, May Residence Tower 3 in numbers
- Sold once: by May Real Estate Development on 15 September 2023 for AED 635,000, or AED 720 per sqft.
- Rented since October 2021 on 4 Ejari contracts, from AED 32,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 8.7%, 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 1 November 2024.
Questions about 314, May Residence Tower 3
What did unit 314 last sell for?
AED 635,000 on 15 September 2023, sold by the developer: AED 720 per sqft for 881 sqft. It is the only registered sale of the unit.
What is the rent for unit 314?
AED 55,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 55,000; the unit has been rented since October 2021.
How big is unit 314?
881 sqft (81.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 314 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 314, May Residence Tower 3
Starts from the last sale price (AED 635K, 15 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 635,000
- Deposit, UAE resident (20%)
- AED 127,000
- Deposit, non-resident (40%)
- AED 254,000
- Monthly over 25 years at 3.7%
- AED 2,598
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →