502, May Residence Tower 4
Sold prices and rental history: sold twice, last in May 2025, 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 502, May Residence Tower 4
What is 502 worth today?
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Source: Dubai Land Department. Updated 13 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 5th of 5
- Parking
- B-211
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,400 /yr
- Last sold
- AED 635K · May 2025
- Building
- May Residence Tower 4
About 502, May Residence Tower 4
502 is a one-bedroom apartment of 857 sqft on the 5th 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 13 May 2025 for AED 635,000, or AED 741 per sqft, in line with the AED 738 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 15 September 2024, is AED 75,000 a year: a gross yield of 11.8% on the 2025 price, before the service charge of about AED 13,400 a year.
Sales and rents for 502 over time
502 has sold twice; 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 502 sits
All 40 1-beds →502 last sold in May 2025 at AED 741 per sqft, in line with what one-beds in May Residence Tower 4 were fetching at the time (AED 738). 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. 502's AED 75,000 is at the top 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 5th floor
All 70 units in May Residence Tower 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 845 sqft | AED 650KAED 650,000 · May 2025May 2025 | 62,000 /yr | |
| 503 | Studio | 421 sqft | AED 359KAED 359,000 · May 2017May 2017 | 20,000 /yr | |
| 504 | Studio | 426 sqft | AED 375KAED 375,000 · Aug 2023August 2023 | 37,000 /yr | |
| 505 | Studio | 415 sqft | AED 375KAED 375,000 · Aug 2023August 2023 | 28,750 /yr | |
| 506 | Studio | 422 sqft | AED 361KAED 361,000 · May 2017May 2017 | 39,600 /yr | |
| 507 | 1-bed | 782 sqft | AED 670KAED 670,000 · Apr 2025April 2025 | 50,000 /yr | |
| 508 | 1-bed | 819 sqft | AED 640KAED 640,000 · Jul 2025July 2025 | 60,000 /yr | |
| 509 | Studio | 470 sqft | AED 397KAED 397,000 · Jul 2017July 2017 | 38,000 /yr | |
| 510 | Studio | 465 sqft | AED 401KAED 401,000 · Jul 2017July 2017 | 43,000 /yr | |
| 511 | 1-bed | 725 sqft | AED 513KAED 513,345 · Jan 2024January 2024 | 52,000 /yr | |
| 512 | 1-bed | 710 sqft | AED 534KAED 533,650 · Dec 2023December 2023 | 65,000 /yr | |
| 513 | 1-bed | 875 sqft | AED 487KAED 487,110 · Nov 2023November 2023 | 68,000 /yr | |
| 514 | 1-bed | 875 sqft | AED 487KAED 487,110 · Sep 2023September 2023 | 60,000 /yr |
502, May Residence Tower 4 in numbers
- Sold twice: first on 31 October 2023 for AED 530,887, last on 13 May 2025 for AED 635,000 (AED 741 per sqft).
- Rented since December 2021 on 4 Ejari contracts, from AED 30,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2025 price is 11.8%, before a service charge of about AED 13,400 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 13 May 2025.
Questions about 502, May Residence Tower 4
What did unit 502 last sell for?
AED 635,000 on 13 May 2025: AED 741 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 530,887 in October 2023.
What is the rent for unit 502?
AED 75,000 a year on the contract signed on 15 September 2024. The previous contract, from July 2023, was AED 45,600; the unit has been rented since December 2021.
How big is unit 502?
857 sqft (79.6 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2019.
What is unit 502 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 502, May Residence Tower 4
Starts from the last sale price (AED 635K, 13 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 635,000
- Deposit, UAE resident (20%)
- AED 127,000
- Deposit, non-resident (40%)
- AED 254,000
- Monthly over 25 years at 3.7%
- AED 2,598
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →