1-bed · 881 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

314, May Residence Tower 4

Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 750K8 November 2023
Current rentAED 38K /yr7 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, May Residence Tower 4

What is 314 worth today?

Last sold for AED 750,000 in 2023

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8 Nov 2023Sold by developerReady
AED 750,000AED 850 per sqft
7 May 2022RentedRenewal
AED 38,000/yr12 months · AED 43 per sqft
7 Mar 2021RentedNew contract
AED 35,000/yr14 months · AED 40 per sqft

Source: Dubai Land Department. Updated 8 November 2023.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
3rd of 5
Parking
B-143
Developer
May Real Estate Development
Completed
2019
Service charge
AED 13,800 /yr
Last sold
AED 750K · November 2023

About 314, May Residence Tower 4

314 is a one-bedroom apartment of 881 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 8 November 2023 for AED 750,000, or AED 850 per sqft, 25% above the AED 680 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 May 2022, is AED 38,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 13,800 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical one-bed in May Residence Tower 4
600K700K20232024202520262027Typical 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 750,000 (AED 850 per sqft)

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

Rents
Unit 314, 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, March 2021: AED 35,000 a yearRenewal, May 2022: AED 38,000 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 314 sits

All 40 1-beds →

314 last sold in November 2023 at AED 850 per sqft, 25% above 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. 314's AED 38,000 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 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

314, May Residence Tower 4 in numbers

  • Sold once: by May Real Estate Development on 8 November 2023 for AED 750,000, or AED 850 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 35,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 13,800 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 8 November 2023.

Questions about 314, May Residence Tower 4

What did unit 314 last sell for?

AED 750,000 on 8 November 2023, sold by the developer: AED 850 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 38,000 a year on the contract renewed on 7 May 2022. The previous contract, from March 2021, was AED 35,000.

How big is unit 314?

881 sqft (81.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.

What is unit 314 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 314, May Residence Tower 4

Starts from the last sale price (AED 750K, 8 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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