Studio · 397 sqftMay Residence Tower 5, Jumeirah Village Circle (JVC) · 1st floor · completed 2019

112, May Residence Tower 5

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 380K11 December 2023
Current rentAED 42K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, May Residence Tower 5

What is 112 worth today?

Last sold for AED 380,000 in 2023

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1 Oct 2026RentedNew contract
AED 42,000/yr12 months · AED 106 per sqft
22 Jul 2024RentedNew contract
AED 40,000/yr12 months · AED 101 per sqft
11 Dec 2023SoldReady
AED 380,000AED 956 per sqft
10 Apr 2023RentedNew contract
AED 29,000/yr12 months · AED 73 per sqft
10 Apr 2021RentedNew contract
AED 21,000/yr12 months · AED 53 per sqft
16 Mar 2021SoldReady
AED 285,000AED 717 per sqft
11 Oct 2016Sold by developerOff-plan
AED 385,000AED 969 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
1st of 5
Parking
B-40
Developer
May Real Estate Development
Completed
2019
Service charge
AED 6,000 /yr
Last sold
AED 380K · December 2023

About 112, May Residence Tower 5

112 is a studio of 397 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 11 December 2023 for AED 380,000, or AED 956 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 42,000 a year: a gross yield of 11.1% on the 2023 price, before the service charge of about AED 6,000 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical studio in May Residence Tower 5
300K400K201620192022Typical sale price by year: 2016 AED 385,000; 2017 AED 416,500; 2021 AED 285,000Sold by developer, October 2016: AED 385,000 (AED 969 per sqft)Sold, March 2021: AED 285,000 (AED 717 per sqft)Sold, December 2023: AED 380,000 (AED 956 per sqft)

112 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 112, each contractTypical studio in May Residence Tower 5
20K30K40K2020202220242026Typical rent by year: 2020 AED 28,000; 2021 AED 21,000; 2022 AED 25,200; 2023 AED 29,450; 2024 AED 39,600; 2025 AED 40,000; 2026 AED 40,000New contract, April 2021: AED 21,000 a yearNew contract, April 2023: AED 29,000 a yearNew contract, July 2024: AED 40,000 a yearNew contract, October 2026: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in May Residence Tower 5, and where 112 sits

All 14 studios →

112's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jul 2025480,000
27 Mar 2025440,000
11 Mar 2024460,000
15 Feb 2024415,000
0 studio 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
1051-bedAED 715K · Jul 2024
1061-bedAED 820K · Oct 2024
1071-bedAED 750K · Aug 2026
1–7 of 12

112, May Residence Tower 5 in numbers

  • Sold 3 times: first on 11 October 2016 for AED 385,000, last on 11 December 2023 for AED 380,000 (AED 956 per sqft).
  • Rented since April 2021 on 4 Ejari contracts, from AED 21,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 11.1%, before a service charge of about AED 6,000 a year (AED 15.14 per sqft).

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 112, May Residence Tower 5

What did unit 112 last sell for?

AED 380,000 on 11 December 2023: AED 956 per sqft for 397 sqft. The unit has 3 registered sales; the first was AED 385,000 in October 2016.

What is the rent for unit 112?

AED 42,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2024, was AED 40,000; the unit has been rented since April 2021.

How big is unit 112?

397 sqft (36.9 sqm): a studio on the 1st floor of a 5-storey tower completed in 2019.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 112, May Residence Tower 5

Starts from the last sale price (AED 380K, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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