Studio · 422 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

304, May Residence Tower 4

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 354K31 May 2017
Current rentAED 45K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, May Residence Tower 4

What is 304 worth today?

Last sold for AED 354,000 in 2017

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5 Nov 2025RentedRenewal
AED 45,000/yr12 months · AED 107 per sqft
10 Oct 2023RentedRenewal
AED 35,000/yr12 months · AED 83 per sqft
10 Oct 2022RentedNew contract
AED 27,000/yr12 months · AED 64 per sqft
5 Feb 2021RentedRenewal
AED 22,500/yr12 months · AED 53 per sqft
5 Feb 2020RentedNew contract
AED 25,000/yr12 months · AED 59 per sqft
31 May 2017Sold by developerOff-plan
AED 354,000AED 839 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
3rd of 5
Parking
G-120
Developer
May Real Estate Development
Completed
2019
Service charge
AED 6,600 /yr
Last sold
AED 354K · May 2017

About 304, May Residence Tower 4

304 is a studio of 422 sqft on the 3rd 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 31 May 2017 for AED 354,000, or AED 839 per sqft, in line with the AED 852 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 45,000 a year: a gross yield of 12.7% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, May 2017: AED 354,000 (AED 839 per sqft)

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

Rents
Unit 304, 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, February 2020: AED 25,000 a yearRenewal, February 2021: AED 22,500 a yearNew contract, October 2022: AED 27,000 a yearRenewal, October 2023: AED 35,000 a yearRenewal, November 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 304 sits

All 30 studios →

304 last sold in May 2017 at AED 839 per sqft, in line with what studios in May Residence Tower 4 were fetching at the time (AED 852). 304'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
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 3rd floor

All 70 units in May Residence Tower 4
Value
3011-bedAED 630K · Apr 2025
3021-bedAED 630K · Apr 2025
303StudioAED 351K · May 2017
305StudioAED 349K · May 2017
306StudioAED 353K · May 2017
3071-bedAED 536K · Nov 2023
3081-bedAED 630K · Feb 2025
1–7 of 13

304, May Residence Tower 4 in numbers

  • Sold once: by May Real Estate Development on 31 May 2017 for AED 354,000, or AED 839 per sqft.
  • Rented since February 2020 on 5 Ejari contracts, from AED 25,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 12.7%, before a service charge of about AED 6,600 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 5 November 2025.

Questions about 304, May Residence Tower 4

What did unit 304 last sell for?

AED 354,000 on 31 May 2017, sold by the developer: AED 839 per sqft for 422 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 45,000 a year on the contract renewed on 5 November 2025. The previous contract, from October 2023, was AED 35,000; the unit has been rented since February 2020.

How big is unit 304?

422 sqft (39.2 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2019.

What is unit 304 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 304, May Residence Tower 4

Starts from the last sale price (AED 354K, 31 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 354,000
Deposit, UAE resident (20%)
AED 70,800
Deposit, non-resident (40%)
AED 141,600
Monthly over 25 years at 3.7%
AED 1,448

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