408, May Residence Tower 4
Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, May Residence Tower 4
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 4th of 5
- Parking
- B-170
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 12,800 /yr
- Last sold
- AED 560K · November 2023
- Building
- May Residence Tower 4
About 408, May Residence Tower 4
408 is a one-bedroom apartment of 819 sqft on the 4th 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 5 November 2023 for AED 560,000, or AED 683 per sqft, in line with the AED 682 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 February 2026, is AED 65,000 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 12,800 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 40 1-beds →408 last sold in November 2023 at AED 683 per sqft, in line with what one-beds in May Residence Tower 4 were fetching at the time (AED 682). 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. 408's AED 65,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 857 sqft | 660,000 | 770 | ||
| 21 May 202621 May 2026 | 705 sqft | 499,950 | 708 | ||
| 23 Feb 202623 February 2026 | 882 sqft | 795,000 | 901 | ||
| 6 Feb 20266 February 2026 | 881 sqft | 740,000 | 839 |
May Residence Tower 4
Building70 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%
Other units on the 4th floor
All 70 units in May Residence Tower 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 845 sqft | AED 670KAED 670,000 · Jul 2025July 2025 | 57,000 /yr | |
| 402 | 1-bed | 857 sqft | AED 660KAED 660,000 · Oct 2026October 2026 | 60,000 /yr | |
| 403 | Studio | 421 sqft | AED 355KAED 355,000 · May 2017May 2017 | 40,000 /yr | |
| 404 | Studio | 422 sqft | AED 360KAED 360,000 · Jun 2017June 2017 | 39,000 /yr | |
| 405 | Studio | 415 sqft | AED 360KAED 360,000 · Jun 2017June 2017 | 40,000 /yr | |
| 406 | Studio | 422 sqft | AED 360KAED 360,000 · Jun 2017June 2017 | 37,000 /yr | |
| 407 | 1-bed | 782 sqft | AED 675KAED 675,000 · Aug 2025August 2025 | 57,000 /yr | |
| 409 | Studio | 471 sqft | AED 410KAED 410,000 · Jul 2023July 2023 | 40,000 /yr | |
| 410 | Studio | 464 sqft | AED 395KAED 395,000 · Jul 2017July 2017 | 38,850 /yr | |
| 411 | 1-bed | 721 sqft | AED 505KAED 505,000 · May 2023May 2023 | 62,000 /yr | |
| 412 | 1-bed | 705 sqft | AED 510KAED 510,000 · Jun 2023June 2023 | 36,000 /yr | |
| 413 | 1-bed | 882 sqft | AED 795KAED 795,000 · Feb 2026February 2026 | 60,000 /yr | |
| 414 | 1-bed | 881 sqft | AED 740KAED 740,000 · Feb 2026February 2026 | 60,000 /yr |
408, May Residence Tower 4 in numbers
- Sold once: by May Real Estate Development on 5 November 2023 for AED 560,000, or AED 683 per sqft.
- Rented since December 2021 on 4 Ejari contracts, from AED 32,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 11.6%, 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 1 February 2026.
Questions about 408, May Residence Tower 4
What did unit 408 last sell for?
AED 560,000 on 5 November 2023, sold by the developer: AED 683 per sqft for 819 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 65,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2025, was AED 60,000; the unit has been rented since December 2021.
How big is unit 408?
819 sqft (76.1 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.
What is unit 408 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 408, May Residence Tower 4
Starts from the last sale price (AED 560K, 5 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →