1-bed · 819 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

308, May Residence Tower 4

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 21 April 2025
Last soldAED 630K28 February 2025
Current rentAED 60K /yr21 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, May Residence Tower 4

What is 308 worth today?

Last sold for AED 630,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Apr 2025RentedRenewal
AED 60,000/yr12 months · AED 73 per sqft
28 Feb 2025SoldReady
AED 630,000AED 769 per sqft
21 Apr 2024RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
6 Nov 2023Sold by developerReady
AED 509,733AED 622 per sqft
20 Dec 2022RentedRenewal
AED 36,000/yr12 months · AED 44 per sqft
20 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 21 April 2025.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
3rd of 5
Parking
B-121
Developer
May Real Estate Development
Completed
2019
Service charge
AED 12,800 /yr
Last sold
AED 630K · February 2025

About 308, May Residence Tower 4

308 is a one-bedroom apartment of 819 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. It last sold on 28 February 2025 for AED 630,000, or AED 769 per sqft, 12% above the AED 686 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 21 April 2025, is AED 60,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 12,800 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in May Residence Tower 4
600K20232024202520262027Typical sale price by year: 2023 AED 544,914; 2024 AED 734,688; 2025 AED 645,000; 2026 AED 700,000Sold by developer, November 2023: AED 509,733 (AED 622 per sqft)Sold, February 2025: AED 630,000 (AED 769 per sqft)

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

Rents
Unit 308, 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, December 2021: AED 30,000 a yearRenewal, December 2022: AED 36,000 a yearNew contract, April 2024: AED 55,000 a yearRenewal, April 2025: AED 60,000 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 308 sits

All 40 1-beds →

308 last sold in February 2025 at AED 769 per sqft, 12% above what one-beds in May Residence Tower 4 were fetching at the time (AED 686). 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. 308's AED 60,000 is in the lower half 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 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
304StudioAED 354K · May 2017
305StudioAED 349K · May 2017
306StudioAED 353K · May 2017
3071-bedAED 536K · Nov 2023
1–7 of 13

308, May Residence Tower 4 in numbers

  • Sold twice: first on 6 November 2023 for AED 509,733, last on 28 February 2025 for AED 630,000 (AED 769 per sqft).
  • Rented since December 2021 on 4 Ejari contracts, from AED 30,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 12,800 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 21 April 2025.

Questions about 308, May Residence Tower 4

What did unit 308 last sell for?

AED 630,000 on 28 February 2025: AED 769 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 509,733 in November 2023.

What is the rent for unit 308?

AED 60,000 a year on the contract renewed on 21 April 2025. The previous contract, from April 2024, was AED 55,000; the unit has been rented since December 2021.

How big is unit 308?

819 sqft (76.1 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.

What is unit 308 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.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, May Residence Tower 4

Starts from the last sale price (AED 630K, 28 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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