108, May Residence Tower 5
Sold prices and rental history: sold twice, last in February 2024, 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 108, May Residence Tower 5
What is 108 worth today?
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Source: Dubai Land Department. Updated 26 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 868 sqft
- Floor
- 1st of 5
- Parking
- B-35
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,100 /yr
- Last sold
- AED 922K · February 2024
- Building
- May Residence Tower 5
About 108, May Residence Tower 5
108 is a one-bedroom apartment of 868 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. It last sold on 16 February 2024 for AED 922,000, or AED 1,061 per sqft, 56% above the AED 680 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 26 January 2025, is AED 84,772 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 108 over time
108 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 5, and where 108 sits
All 47 1-beds →108 last sold in February 2024 at AED 1,061 per sqft, 56% above what one-beds in May Residence Tower 5 were fetching at the time (AED 680). 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. 108's AED 84,772 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 1,075 sqft | 750,000 | 697 | ||
| 3 Feb 20263 February 2026 | 928 sqft | 775,000 | 834 | ||
| 15 Jan 202615 January 2026 | 928 sqft | 775,000 | 834 | ||
| 9 Jan 20269 January 2026 | 898 sqft | 780,000 | 868 |
May Residence Tower 5
Building63 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%
Other units on the 1st floor
All 63 units in May Residence Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,239 sqft | AED 650KAED 650,000 · Apr 2019April 2019 | 57,000 /yr | |
| 102 | 1-bed | 919 sqft | AED 650KAED 650,000 · Apr 2019April 2019 | 58,000 /yr | |
| 103 | 1-bed | 1,225 sqft | AED 587KAED 586,583 · Jan 2025January 2025 | 68,000 /yr | |
| 104 | 1-bed | 928 sqft | AED 745KAED 745,000 · Feb 2019February 2019 | 12,000 /yr | |
| 105 | 1-bed | 1,065 sqft | AED 715KAED 715,000 · Jul 2024July 2024 | 36,000 /yr | |
| 106 | 1-bed | 927 sqft | AED 820KAED 820,000 · Oct 2024October 2024 | 70,000 /yr | |
| 107 | 1-bed | 1,075 sqft | AED 750KAED 750,000 · Aug 2026August 2026 | 36,000 /yr | |
| 109 | Studio | 764 sqft | AED 490KAED 490,000 · Oct 2018October 2018 | 45,000 /yr | |
| 110 | Studio | 495 sqft | AED 460KAED 460,000 · Mar 2024March 2024 | 40,000 /yr | |
| 111 | 1-bed | 1,271 sqft | AED 820KAED 820,000 · Jun 2025June 2025 | 32,000 /yr | |
| 112 | Studio | 397 sqft | AED 380KAED 380,000 · Dec 2023December 2023 | 42,000 /yr | |
| 113 | 1-bed | 898 sqft | AED 680KAED 680,000 · Sep 2025September 2025 | 65,000 /yr |
108, May Residence Tower 5 in numbers
- Sold twice: first on 12 September 2023 for AED 588,628, last on 16 February 2024 for AED 922,000 (AED 1,061 per sqft).
- Rented since July 2021 on 4 Ejari contracts, from AED 33,000 to AED 84,772 a year.
- At AED 84,772 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 13,100 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 26 January 2025.
Questions about 108, May Residence Tower 5
What did unit 108 last sell for?
AED 922,000 on 16 February 2024: AED 1,061 per sqft for 868 sqft. The unit has 2 registered sales; the first was AED 588,628 in September 2023.
What is the rent for unit 108?
AED 84,772 a year on the contract signed on 26 January 2025. The previous contract, from April 2024, was AED 80,000; the unit has been rented since July 2021.
How big is unit 108?
868 sqft (80.6 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2019.
What is unit 108 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 108, May Residence Tower 5
Starts from the last sale price (AED 922K, 16 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 922,000
- Deposit, UAE resident (20%)
- AED 184,400
- Deposit, non-resident (40%)
- AED 368,800
- Monthly over 25 years at 3.7%
- AED 3,772
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →