1-bed · 1,065 sqftMay Residence Tower 5, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

105, May Residence Tower 5

Sold prices and rental history: sold once, by the developer in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 715K17 July 2024
Current rentAED 36K /yr5 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, May Residence Tower 5

What is 105 worth today?

Last sold for AED 715,000 in 2024

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17 Jul 2024Sold by developerReady
AED 715,000AED 671 per sqft
5 Dec 2022RentedRenewal
AED 36,000/yr12 months · AED 34 per sqft
5 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 28 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
1,065 sqft
Floor
1st of 5
Parking
B-33
Developer
May Real Estate Development
Completed
2019
Service charge
AED 16,100 /yr
Last sold
AED 715K · July 2024

About 105, May Residence Tower 5

105 is a one-bedroom apartment of 1,065 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 17 July 2024 for AED 715,000, or AED 671 per sqft, in line with the AED 690 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 5 December 2022, is AED 36,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 16,100 a year.

Sales and rents for 105 over time

Sales
Unit 105, 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, July 2024: AED 715,000 (AED 671 per sqft)

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

Rents
Unit 105, each contractTypical one-bed in May Residence Tower 5
40K60K2020202220242026Typical 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, December 2021: AED 30,000 a yearRenewal, December 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 5, and where 105 sits

All 47 1-beds →

105 last sold in July 2024 at AED 671 per sqft, in line with what one-beds in May Residence Tower 5 were fetching at the time (AED 690). 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. 105's AED 36,000 is in the lower 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
1031-bedAED 587K · Jan 2025
1041-bedAED 745K · Feb 2019
1061-bedAED 820K · Oct 2024
1071-bedAED 750K · Aug 2026
1081-bedAED 922K · Feb 2024
1–7 of 12

105, May Residence Tower 5 in numbers

  • Sold once: by May Real Estate Development on 17 July 2024 for AED 715,000, or AED 671 per sqft.
  • Rented since December 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 2024 price is 5.0%, before a service charge of about AED 16,100 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 17 July 2024.

Questions about 105, May Residence Tower 5

What did unit 105 last sell for?

AED 715,000 on 17 July 2024, sold by the developer: AED 671 per sqft for 1,065 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 36,000 a year on the contract renewed on 5 December 2022. The previous contract, from December 2021, was AED 30,000.

How big is unit 105?

1,065 sqft (98.9 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.

What is unit 105 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 105, May Residence Tower 5

Starts from the last sale price (AED 715K, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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