409, May Residence Tower 4
Sold prices and rental history: sold twice, last in July 2023, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, May Residence Tower 4
What is 409 worth today?
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Source: Dubai Land Department. Updated 6 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 4th of 5
- Parking
- G-56
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 7,400 /yr
- Last sold
- AED 410K · July 2023
- Building
- May Residence Tower 4
About 409, May Residence Tower 4
409 is a studio of 471 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. It last sold on 6 July 2023 for AED 410,000, or AED 870 per sqft.
One Ejari contract is registered, from 6 July 2023. The current contract, signed on 6 July 2023, is AED 40,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 7,400 a year.
Sales and rents for 409 over time
409 has sold twice; the dashed line is the studio median of each year in the building.
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 409 sits
All 30 studios →409's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jan 202524 January 2025 | 596 sqft | 445,000 | 746 | ||
| 9 Dec 20249 December 2024 | 464 sqft | 475,000 | 1,022 | ||
| 3 Jun 20243 June 2024 | 654 sqft | 460,000 | 703 | ||
| 30 Aug 202330 August 2023 | 426 sqft | 375,000 | 879 |
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 | |
| 408 | 1-bed | 819 sqft | AED 560KAED 560,000 · Nov 2023November 2023 | 65,000 /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 |
409, May Residence Tower 4 in numbers
- Sold twice: first on 18 July 2017 for AED 398,000, last on 6 July 2023 for AED 410,000 (AED 870 per sqft).
- Rented since July 2023 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 9.8%, before a service charge of about AED 7,400 a year (AED 15.66 per sqft).
Source: Dubai Land Department. Updated 6 July 2023.
Questions about 409, May Residence Tower 4
What did unit 409 last sell for?
AED 410,000 on 6 July 2023: AED 870 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 398,000 in July 2017.
What is the rent for unit 409?
AED 40,000 a year on the contract signed on 6 July 2023.
How big is unit 409?
471 sqft (43.8 sqm): a studio on the 4th floor of a 5-storey tower completed in 2019.
What is unit 409 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 409, May Residence Tower 4
Starts from the last sale price (AED 410K, 6 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →