1-bed · 1,225 sqftMay Residence Tower 5, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

103, May Residence Tower 5

Sold prices and rental history: sold once, by the developer in January 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 587K21 January 2025
Current rentAED 68K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, May Residence Tower 5

What is 103 worth today?

Last sold for AED 586,583 in 2025

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1 Oct 2025RentedNew contract
AED 68,000/yr12 months · AED 55 per sqft
25 Jul 2025RentedRenewal
AED 77,768/yr4 months · AED 64 per sqft
25 Jul 2025RentedRenewal
AED 77,768/yr4 months · AED 64 per sqft
21 Jan 2025Sold by developerReady
AED 586,583AED 479 per sqft
25 Jul 2024RentedRenewal
AED 47,000/yr12 months · AED 38 per sqft
25 Jul 2023RentedRenewal
AED 46,000/yr12 months · AED 38 per sqft
25 Jul 2022RentedNew contract
AED 38,000/yr12 months · AED 31 per sqft
1 Jul 2021RentedNew contract
AED 32,000/yr12 months · AED 26 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
1,225 sqft
Floor
1st of 5
Parking
B-32
Developer
May Real Estate Development
Completed
2019
Service charge
AED 18,500 /yr
Last sold
AED 587K · January 2025

About 103, May Residence Tower 5

103 is a one-bedroom apartment of 1,225 sqft on the 1st floor of May Residence Tower 5, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by May Real Estate Development. The developer sold it on 21 January 2025 for AED 586,583, or AED 479 per sqft, 34% below the AED 729 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 October 2025, is AED 68,000 a year: a gross yield of 11.6% on the 2025 price, before the service charge of about AED 18,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in May Residence Tower 5
600K700K800K20192021202320252027Typical sale price by year: 2019 AED 650,000; 2023 AED 568,162; 2024 AED 629,500; 2025 AED 690,000; 2026 AED 775,000Sold by developer, January 2025: AED 586,583 (AED 479 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in May Residence Tower 5
25K50K75K2020202220242026Typical rent by year: 2020 AED 42,000; 2021 AED 35,000; 2022 AED 36,000; 2023 AED 46,100; 2024 AED 60,000; 2025 AED 62,000; 2026 AED 60,000New contract, July 2021: AED 32,000 a yearNew contract, July 2022: AED 38,000 a yearRenewal, July 2023: AED 46,000 a yearRenewal, July 2024: AED 47,000 a yearRenewal, July 2025: AED 77,768 a yearRenewal, July 2025: AED 77,768 a yearNew contract, October 2025: AED 68,000 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 5, and where 103 sits

All 47 1-beds →

103 last sold in January 2025 at AED 479 per sqft, 34% below what one-beds in May Residence Tower 5 were fetching at the time (AED 729). Over the last 12 months one-beds sold for AED 750,000 to 780,000, around AED 834 per sqft, and rent for AED 12,000 to 95,000 a year. 103's AED 68,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026750,000
3 Feb 2026775,000
15 Jan 2026775,000
9 Jan 2026780,000
5 1-bed sales in the last 12 months

May Residence Tower 5

Building

63 apartments, studios to 2-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2019 by May Real Estate Development. 5 sold in the last 12 months.

Typical price per sqft
AED 834
Typical sale
AED 775K
Typical rent
AED 55K /yr
Typical yield
8.4%
May Residence Tower 5, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 63 units in May Residence Tower 5
Value
1011-bedAED 650K · Apr 2019
1021-bedAED 650K · Apr 2019
1041-bedAED 745K · Feb 2019
1051-bedAED 715K · Jul 2024
1061-bedAED 820K · Oct 2024
1071-bedAED 750K · Aug 2026
1081-bedAED 922K · Feb 2024
1–7 of 12

103, May Residence Tower 5 in numbers

  • Sold once: by May Real Estate Development on 21 January 2025 for AED 586,583, or AED 479 per sqft.
  • Rented since July 2021 on 7 Ejari contracts, from AED 32,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2025 price is 11.6%, before a service charge of about AED 18,500 a year (AED 15.14 per sqft).
  • One-beds in May Residence Tower 5 sold for AED 750,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 834 per sqft.

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 103, May Residence Tower 5

What did unit 103 last sell for?

AED 586,583 on 21 January 2025, sold by the developer: AED 479 per sqft for 1,225 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 68,000 a year on the contract signed on 1 October 2025. The previous contract, from July 2025, was AED 77,768; the unit has been rented since July 2021.

How big is unit 103?

1,225 sqft (113.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.

What is unit 103 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 5 sold for AED 750,000 to 780,000 in the last 12 months, around AED 834 per sqft.

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Mortgage on 103, May Residence Tower 5

Starts from the last sale price (AED 587K, 21 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 586,583
Deposit, UAE resident (20%)
AED 117,317
Deposit, non-resident (40%)
AED 234,633
Monthly over 25 years at 3.7%
AED 2,400

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