512, May Residence Tower 4
Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, May Residence Tower 4
What is 512 worth today?
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Source: Dubai Land Department. Updated 26 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 710 sqft
- Floor
- 5th of 5
- Parking
- B-215
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 11,100 /yr
- Last sold
- AED 534K · December 2023
- Building
- May Residence Tower 4
About 512, May Residence Tower 4
512 is a one-bedroom apartment of 710 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. The developer sold it on 18 December 2023 for AED 533,650, or AED 751 per sqft, 10% above the AED 680 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 26 December 2025, is AED 65,000 a year: a gross yield of 12.2% on the 2023 price, before the service charge of about AED 11,100 a year.
Sales and rents for 512 over time
512 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 512 sits
All 40 1-beds →512 last sold in December 2023 at AED 751 per sqft, 10% above what one-beds in May Residence Tower 4 were fetching at the time (AED 680). 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. 512'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 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 | |
| 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 | |
| 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 |
512, May Residence Tower 4 in numbers
- Sold once: by May Real Estate Development on 18 December 2023 for AED 533,650, or AED 751 per sqft.
- Rented since January 2022 on 5 Ejari contracts, from AED 30,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 12.2%, before a service charge of about AED 11,100 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 December 2025.
Questions about 512, May Residence Tower 4
What did unit 512 last sell for?
AED 533,650 on 18 December 2023, sold by the developer: AED 751 per sqft for 710 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 65,000 a year on the contract renewed on 26 December 2025. The previous contract, from December 2024, was AED 65,000; the unit has been rented since January 2022.
How big is unit 512?
710 sqft (66.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2019.
What is unit 512 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 512, May Residence Tower 4
Starts from the last sale price (AED 534K, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 533,650
- Deposit, UAE resident (20%)
- AED 106,730
- Deposit, non-resident (40%)
- AED 213,460
- Monthly over 25 years at 3.7%
- AED 2,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →