1-bed · 705 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 4th floor · completed 2019

412, May Residence Tower 4

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

Unit 412 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 510K26 June 2023
Current rentAED 36K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, May Residence Tower 4

What is 412 worth today?

Last sold for AED 510,000 in 2023

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26 Jun 2023Sold by developerReady
AED 510,000AED 722 per sqft
1 Aug 2022RentedNew contract
AED 36,000/yr12 months · AED 51 per sqft
15 Jul 2021RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
4th of 5
Parking
B-175
Developer
May Real Estate Development
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 510K · June 2023

About 412, May Residence Tower 4

412 is a one-bedroom apartment of 705 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 26 June 2023 for AED 510,000, or AED 722 per sqft, 3% above the AED 700 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 August 2022, is AED 36,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 11,000 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, June 2023: AED 510,000 (AED 722 per sqft)

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

Rents
Unit 412, 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, July 2021: AED 30,000 a yearNew contract, August 2022: AED 36,000 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 412 sits

All 40 1-beds →

412 last sold in June 2023 at AED 722 per sqft, 3% above what one-beds in May Residence Tower 4 were fetching at the time (AED 700). 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. 412's AED 36,000 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 4th floor

All 70 units in May Residence Tower 4
Value
4011-bedAED 670K · Jul 2025
4021-bedAED 660K · Oct 2026
403StudioAED 355K · May 2017
404StudioAED 360K · Jun 2017
405StudioAED 360K · Jun 2017
406StudioAED 360K · Jun 2017
4071-bedAED 675K · Aug 2025
1–7 of 13

412, May Residence Tower 4 in numbers

  • Sold once: by May Real Estate Development on 26 June 2023 for AED 510,000, or AED 722 per sqft.
  • Rented since July 2021 on 2 Ejari contracts, from AED 30,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 11,000 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 26 June 2023.

Questions about 412, May Residence Tower 4

What did unit 412 last sell for?

AED 510,000 on 26 June 2023, sold by the developer: AED 722 per sqft for 705 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 36,000 a year on the contract signed on 1 August 2022. The previous contract, from July 2021, was AED 30,000.

How big is unit 412?

705 sqft (65.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.

What is unit 412 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 412, May Residence Tower 4

Starts from the last sale price (AED 510K, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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