508, May Residence Tower 4
Sold prices and rental history: sold twice, last in July 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, May Residence Tower 4
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 5th of 5
- Parking
- G-90
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 12,800 /yr
- Last sold
- AED 640K · July 2025
- Building
- May Residence Tower 4
About 508, May Residence Tower 4
508 is a one-bedroom apartment of 819 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 5 July 2025 for AED 640,000, or AED 781 per sqft, 5% above the AED 743 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 August 2025, is AED 60,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 12,800 a year.
Sales and rents for 508 over time
508 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 508 sits
All 40 1-beds →508 last sold in July 2025 at AED 781 per sqft, 5% above what one-beds in May Residence Tower 4 were fetching at the time (AED 743). 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. 508's AED 60,000 is in the lower 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 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 | |
| 502 | 1-bed | 857 sqft | AED 635KAED 635,000 · May 2025May 2025 | 75,000 /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 | |
| 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 |
508, May Residence Tower 4 in numbers
- Sold twice: first on 27 November 2023 for AED 553,567, last on 5 July 2025 for AED 640,000 (AED 781 per sqft).
- Rented since November 2022 on 3 Ejari contracts, from AED 39,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 9.4%, 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 August 2025.
Questions about 508, May Residence Tower 4
What did unit 508 last sell for?
AED 640,000 on 5 July 2025: AED 781 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 553,567 in November 2023.
What is the rent for unit 508?
AED 60,000 a year on the contract signed on 1 August 2025. The previous contract, from May 2024, was AED 57,000; the unit has been rented since November 2022.
How big is unit 508?
819 sqft (76.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2019.
What is unit 508 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 508, May Residence Tower 4
Starts from the last sale price (AED 640K, 5 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →