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Studio · 422 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 2nd floor · completed 2019

206, May Residence Tower 4

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 280K29 July 2021
Current rentAED 36K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, May Residence Tower 4

What is 206 worth today?

Last sold for AED 280,000 in 2021

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1 Sep 2026RentedNew contract
AED 36,000/yr12 months · AED 85 per sqft
25 Apr 2024RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
25 Nov 2022RentedRenewal
AED 29,900/yr12 months · AED 71 per sqft
25 Nov 2021RentedNew contract
AED 26,000/yr12 months · AED 62 per sqft
29 Jul 2021SoldReady
AED 280,000AED 663 per sqft
15 Aug 2016Sold by developerOff-plan
AED 385,000AED 912 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
2nd of 5
Parking
B-25
Developer
May Real Estate Development
Completed
2019
Service charge
AED 6,600 /yr
Last sold
AED 280K · July 2021
Building
May Residence Tower 4

About 206, May Residence Tower 4

206 is a studio of 422 sqft on the 2nd 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 29 July 2021 for AED 280,000, or AED 663 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 September 2026, is AED 36,000 a year: a gross yield of 12.9% on the 2021 price, before the service charge of about AED 6,600 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, August 2016: AED 385,000 (AED 912 per sqft)Sold, July 2021: AED 280,000 (AED 663 per sqft)

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

Rents
Unit 206, 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, November 2021: AED 26,000 a yearRenewal, November 2022: AED 29,900 a yearNew contract, April 2024: AED 40,000 a yearNew contract, September 2026: AED 36,000 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 206 sits

All 30 studios →

206's AED 36,000 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 2nd floor

All 70 units in May Residence Tower 4
Value
2011-bedAED 750K · Sep 2024
2021-bedAED 750K · Mar 2025
203StudioAED 275K · Aug 2021
204StudioAED 275K · Aug 2021
205StudioAED 275K · Aug 2021
2071-bedAED 611K · Feb 2024
2081-bedAED 630K · Jul 2025
1–7 of 13

206, May Residence Tower 4 in numbers

  • Sold twice: first on 15 August 2016 for AED 385,000, last on 29 July 2021 for AED 280,000 (AED 663 per sqft).
  • Rented since November 2021 on 4 Ejari contracts, from AED 26,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2021 price is 12.9%, before a service charge of about AED 6,600 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 206, May Residence Tower 4

What did unit 206 last sell for?

AED 280,000 on 29 July 2021: AED 663 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 385,000 in August 2016.

What is the rent for unit 206?

AED 36,000 a year on the contract signed on 1 September 2026. The previous contract, from April 2024, was AED 40,000; the unit has been rented since November 2021.

How big is unit 206?

422 sqft (39.2 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2019.

What is unit 206 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 206, May Residence Tower 4

Starts from the last sale price (AED 280K, 29 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 280,000
Deposit, UAE resident (20%)
AED 56,000
Deposit, non-resident (40%)
AED 112,000
Monthly over 25 years at 3.7%
AED 1,146

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