Studio · 599 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

103, May Residence Tower 4

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 395K10 September 2018
Current rentAED 37K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, May Residence Tower 4

What is 103 worth today?

Last sold for AED 395,000 in 2018

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10 Sep 2026RentedNew contract
AED 37,000/yr12 months · AED 62 per sqft
10 May 2025RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
10 May 2025RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
10 Mar 2024RentedNew contract
AED 45,000/yr12 months · AED 75 per sqft
15 Feb 2023RentedRenewal
AED 26,450/yr12 months · AED 44 per sqft
15 Feb 2022RentedRenewal
AED 23,000/yr12 months · AED 38 per sqft
15 Feb 2021RentedNew contract
AED 21,000/yr12 months · AED 35 per sqft
20 Apr 2020RentedNew contract
AED 34,000/yr3 months · AED 57 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
Studio apartment
Size
599 sqft
Floor
1st of 5
Parking
G-16
Developer
May Real Estate Development
Completed
2019
Service charge
AED 9,400 /yr
Last sold
AED 395K · September 2018

About 103, May Residence Tower 4

103 is a studio of 599 sqft on the 1st floor of May Residence Tower 4, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by May Real Estate Development. The developer sold it on 10 September 2018 for AED 395,000, or AED 659 per sqft, in line with the AED 662 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 10 September 2026, is AED 37,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 9,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in May Residence Tower 4
300K400K20162018202020222024Typical sale price by year: 2016 AED 382,500; 2017 AED 360,500; 2018 AED 395,000; 2021 AED 275,000; 2023 AED 380,000Sold by developer, September 2018: AED 395,000 (AED 659 per sqft)

103 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 103, each contractTypical studio in May Residence Tower 4
20K40K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 22,000; 2022 AED 26,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 42,000; 2026 AED 39,500New contract, April 2020: AED 34,000 a yearNew contract, February 2021: AED 21,000 a yearRenewal, February 2022: AED 23,000 a yearRenewal, February 2023: AED 26,450 a yearNew contract, March 2024: AED 45,000 a yearNew contract, May 2025: AED 50,000 a yearNew contract, May 2025: AED 50,000 a yearNew contract, September 2026: AED 37,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in May Residence Tower 4, and where 103 sits

All 30 studios →

103 last sold in September 2018 at AED 659 per sqft, in line with what studios in May Residence Tower 4 were fetching at the time (AED 662). 103's AED 37,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jan 2025445,000
9 Dec 2024475,000
3 Jun 2024460,000
30 Aug 2023375,000
0 studio sales in the last 12 months

May Residence Tower 4

Building

70 apartments, studios to 1-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2019 by May Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 805
Typical sale
AED 700K
Typical rent
AED 57K /yr
Typical yield
9.8%
May Residence Tower 4, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 70 units in May Residence Tower 4
Value
1011-bedAED 750K · Oct 2025
1021-bedAED 800K · Oct 2024
104StudioAED 400K · Jul 2023
105StudioAED 445K · Jan 2025
106StudioAED 395K · Aug 2018
1071-bedAED 800K · Oct 2024
1081-bedAED 719K · Apr 2024
1–7 of 13

103, May Residence Tower 4 in numbers

  • Sold once: by May Real Estate Development on 10 September 2018 for AED 395,000, or AED 659 per sqft.
  • Rented since April 2020 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 21,000 in 2021 and recovered to AED 37,000 by September 2026.
  • At AED 37,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 9,400 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 10 September 2026.

Questions about 103, May Residence Tower 4

What did unit 103 last sell for?

AED 395,000 on 10 September 2018, sold by the developer: AED 659 per sqft for 599 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 37,000 a year on the contract signed on 10 September 2026. The previous contract, from May 2025, was AED 50,000; the unit has been rented since April 2020.

How big is unit 103?

599 sqft (55.6 sqm): a studio on the 1st floor of a 5-storey tower completed in 2019.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, May Residence Tower 4

Starts from the last sale price (AED 395K, 10 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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