Studio · 585 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

104, May Residence Tower 4

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.

Unit 104 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 400K11 July 2023
Current rentAED 41K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, May Residence Tower 4

What is 104 worth today?

Last sold for AED 400,000 in 2023

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15 Sep 2026RentedRenewal
AED 40,500/yr8 months · AED 69 per sqft
15 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 68 per sqft
15 Sep 2024RentedRenewal
AED 40,000/yr12 months · AED 68 per sqft
15 Sep 2023RentedNew contract
AED 36,000/yr12 months · AED 62 per sqft
11 Jul 2023SoldReady
AED 400,000AED 684 per sqft
1 Jun 2022RentedNew contract
AED 27,000/yr12 months · AED 46 per sqft
10 Feb 2021RentedNew contract
AED 24,000/yr12 months · AED 41 per sqft
20 Apr 2020RentedNew contract
AED 34,000/yr3 months · AED 58 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
585 sqft
Floor
1st of 5
Parking
G-18
Developer
May Real Estate Development
Completed
2019
Service charge
AED 9,200 /yr
Last sold
AED 400K · July 2023

About 104, May Residence Tower 4

104 is a studio of 585 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. It last sold on 11 July 2023 for AED 400,000, or AED 684 per sqft, 21% below the AED 870 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 40,500 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 9,200 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical studio in May Residence Tower 4
300K400K201620192022Typical 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 675 per sqft)Sold, July 2023: AED 400,000 (AED 684 per sqft)

104 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 104, each contractTypical studio in May Residence Tower 4
20K30K40K2020202220242026Typical 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 24,000 a yearNew contract, June 2022: AED 27,000 a yearNew contract, September 2023: AED 36,000 a yearRenewal, September 2024: AED 40,000 a yearRenewal, September 2025: AED 40,000 a yearRenewal, September 2026: AED 40,500 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 104 sits

All 30 studios →

104 last sold in July 2023 at AED 684 per sqft, 21% below what studios in May Residence Tower 4 were fetching at the time (AED 870). 104's AED 40,500 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
103StudioAED 395K · Sep 2018
105StudioAED 445K · Jan 2025
106StudioAED 395K · Aug 2018
1071-bedAED 800K · Oct 2024
1081-bedAED 719K · Apr 2024
1–7 of 13

104, May Residence Tower 4 in numbers

  • Sold twice: first on 30 September 2018 for AED 395,000, last on 11 July 2023 for AED 400,000 (AED 684 per sqft).
  • Rented since April 2020 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 24,000 in 2021 and recovered to AED 40,500 by September 2026.
  • At AED 40,500 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 9,200 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 15 September 2026.

Questions about 104, May Residence Tower 4

What did unit 104 last sell for?

AED 400,000 on 11 July 2023: AED 684 per sqft for 585 sqft. The unit has 2 registered sales; the first was AED 395,000 in September 2018.

What is the rent for unit 104?

AED 40,500 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since April 2020.

How big is unit 104?

585 sqft (54.3 sqm): a studio on the 1st floor of a 5-storey tower completed in 2019.

What is unit 104 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 104, May Residence Tower 4

Starts from the last sale price (AED 400K, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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