Studio · 654 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

109, May Residence Tower 4

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 460K3 June 2024
Current rentAED 45K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, May Residence Tower 4

What is 109 worth today?

Last sold for AED 460,000 in 2024

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27 Oct 2025RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
27 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
3 Jun 2024SoldReady
AED 460,000AED 703 per sqft
1 Apr 2023RentedRenewal
AED 31,900/yr12 months · AED 49 per sqft
1 Apr 2022RentedNew contract
AED 29,000/yr12 months · AED 44 per sqft
17 Mar 2022SoldReady
AED 250,000AED 382 per sqft
10 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 31 per sqft
20 Apr 2020RentedNew contract
AED 34,000/yr3 months · AED 52 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
Studio apartment
Size
654 sqft
Floor
1st of 5
Parking
G-60
Developer
May Real Estate Development
Completed
2019
Service charge
AED 10,200 /yr
Last sold
AED 460K · June 2024

About 109, May Residence Tower 4

109 is a studio of 654 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 3 June 2024 for AED 460,000, or AED 703 per sqft, 19% below the AED 870 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 27 October 2025, is AED 45,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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 440,000 (AED 672 per sqft)Sold, March 2022: AED 250,000 (AED 382 per sqft)Sold, June 2024: AED 460,000 (AED 703 per sqft)

109 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 109, 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, January 2021: AED 20,000 a yearNew contract, April 2022: AED 29,000 a yearRenewal, April 2023: AED 31,900 a yearNew contract, October 2024: AED 45,000 a yearRenewal, October 2025: AED 45,000 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 109 sits

All 30 studios →

109 last sold in June 2024 at AED 703 per sqft, 19% below what studios in May Residence Tower 4 were fetching at the time (AED 870). 109's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jan 2025445,000
9 Dec 2024475,000
30 Aug 2023375,000
2 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
104StudioAED 400K · Jul 2023
105StudioAED 445K · Jan 2025
106StudioAED 395K · Aug 2018
1071-bedAED 800K · Oct 2024
1–7 of 13

109, May Residence Tower 4 in numbers

  • Sold 3 times: first on 11 September 2018 for AED 440,000, last on 3 June 2024 for AED 460,000 (AED 703 per sqft).
  • Rented since April 2020 on 6 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2021 and recovered to AED 45,000 by October 2025.
  • At AED 45,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 10,200 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 27 October 2025.

Questions about 109, May Residence Tower 4

What did unit 109 last sell for?

AED 460,000 on 3 June 2024: AED 703 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 440,000 in September 2018.

What is the rent for unit 109?

AED 45,000 a year on the contract renewed on 27 October 2025. The previous contract, from October 2024, was AED 45,000; the unit has been rented since April 2020.

How big is unit 109?

654 sqft (60.8 sqm): a studio on the 1st floor of a 5-storey tower completed in 2019.

What is unit 109 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 109, May Residence Tower 4

Starts from the last sale price (AED 460K, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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