1-bed · 1,166 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

111, May Residence Tower 4

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 2 February 2025
Last soldAED 811K15 October 2024
Current rentAED 36K /yr2 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, May Residence Tower 4

What is 111 worth today?

Last sold for AED 810,500 in 2024

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2 Feb 2025RentedNew contract
AED 36,000/yr12 months · AED 31 per sqft
2 Feb 2025RentedNew contract
AED 36,000/yr12 months · AED 31 per sqft
15 Oct 2024Sold by developerReady
AED 810,500AED 694 per sqft
6 Feb 2023RentedRenewal
AED 36,000/yr12 months · AED 31 per sqft
6 Feb 2022RentedNew contract
AED 30,000/yr12 months · AED 26 per sqft
15 Sep 2021RentedNew contract
AED 31,000/yr12 months · AED 27 per sqft

Source: Dubai Land Department. Updated 2 February 2025.

Key facts

Type
1-bed apartment
Size
1,166 sqft
Floor
1st of 5
Parking
B-74
Developer
May Real Estate Development
Completed
2019
Service charge
AED 18,300 /yr
Last sold
AED 811K · October 2024

About 111, May Residence Tower 4

111 is a one-bedroom apartment of 1,166 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 15 October 2024 for AED 810,500, or AED 694 per sqft, in line with the AED 680 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 2 February 2025, is AED 36,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 18,300 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in May Residence Tower 4
600K800K20232024202520262027Typical sale price by year: 2023 AED 544,914; 2024 AED 734,688; 2025 AED 645,000; 2026 AED 700,000Sold by developer, October 2024: AED 810,500 (AED 694 per sqft)

111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 111, each contractTypical one-bed in May Residence Tower 4
40K60K2020202220242026Typical rent by year: 2020 AED 38,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 45,600; 2024 AED 57,000; 2025 AED 60,000; 2026 AED 60,000New contract, September 2021: AED 31,000 a yearNew contract, February 2022: AED 30,000 a yearRenewal, February 2023: AED 36,000 a yearNew contract, February 2025: AED 36,000 a yearNew contract, February 2025: AED 36,000 a year

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 4, and where 111 sits

All 40 1-beds →

111 last sold in October 2024 at AED 694 per sqft, in line with what one-beds in May Residence Tower 4 were fetching at the time (AED 680). Over the last 12 months one-beds sold for AED 499,950 to 795,000, around AED 805 per sqft, and rent for AED 50,000 to 73,000 a year. 111's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2026660,000
21 May 2026499,950
23 Feb 2026795,000
6 Feb 2026740,000
4 1-bed 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

111, May Residence Tower 4 in numbers

  • Sold once: by May Real Estate Development on 15 October 2024 for AED 810,500, or AED 694 per sqft.
  • Rented since September 2021 on 5 Ejari contracts, from AED 31,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 18,300 a year (AED 15.66 per sqft).
  • One-beds in May Residence Tower 4 sold for AED 499,950–795,000 in the 12 months to November 2026; the building's median across all types is AED 805 per sqft.

Source: Dubai Land Department. Updated 2 February 2025.

Questions about 111, May Residence Tower 4

What did unit 111 last sell for?

AED 810,500 on 15 October 2024, sold by the developer: AED 694 per sqft for 1,166 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 36,000 a year on the contract signed on 2 February 2025. The previous contract, from February 2025, was AED 36,000; the unit has been rented since September 2021.

How big is unit 111?

1,166 sqft (108.3 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.

What is unit 111 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 4 sold for AED 499,950 to 795,000 in the last 12 months, around AED 805 per sqft.

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Mortgage on 111, May Residence Tower 4

Starts from the last sale price (AED 811K, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 810,500
Deposit, UAE resident (20%)
AED 162,100
Deposit, non-resident (40%)
AED 324,200
Monthly over 25 years at 3.7%
AED 3,316

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