205, May Residence Tower 5
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 205, May Residence Tower 5
What is 205 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 2nd of 5
- Parking
- B-45
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 11,500 /yr
- Last sold
- AED 548K · September 2023
- Building
- May Residence Tower 5
About 205, May Residence Tower 5
205 is a one-bedroom apartment of 758 sqft on the 2nd 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 1 September 2023 for AED 547,696, or AED 722 per sqft, 7% above the AED 672 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 March 2023, is AED 38,400 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 11,500 a year.
Sales and rents for 205 over time
205 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 5, and where 205 sits
All 47 1-beds →205 last sold in September 2023 at AED 722 per sqft, 7% above what one-beds in May Residence Tower 5 were fetching at the time (AED 672). 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. 205's AED 38,400 is in the lower 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 2nd floor
All 63 units in May Residence Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 903 sqft | AED 610KAED 610,000 · Mar 2024March 2024 | 55,000 /yr | |
| 202 | 1-bed | 921 sqft | AED 755KAED 755,000 · Feb 2024February 2024 | 62,000 /yr | |
| 203 | 1-bed | 899 sqft | AED 710KAED 710,000 · Sep 2024September 2024 | 68,000 /yr | |
| 204 | 1-bed | 928 sqft | AED 775KAED 775,000 · Feb 2026February 2026 | 95,000 /yr | |
| 206 | 1-bed | 927 sqft | AED 613KAED 612,803 · Feb 2023February 2023 | 70,000 /yr | |
| 207 | 1-bed | 768 sqft | AED 490KAED 490,000 · Nov 2023November 2023 | 62,500 /yr | |
| 208 | 1-bed | 868 sqft | AED 740KAED 740,000 · Aug 2025August 2025 | 36,000 /yr | |
| 209 | Studio | 523 sqft | AED 414KAED 414,000 · Apr 2017April 2017 | 40,000 /yr | |
| 210 | Studio | 495 sqft | AED 403KAED 403,000 · Oct 2016October 2016 | 52,500 /yr | |
| 211 | 1-bed | 907 sqft | AED 620KAED 620,000 · Nov 2023November 2023 | 58,000 /yr | |
| 212 | Studio | 397 sqft | AED 285KAED 285,000 · Mar 2021March 2021 | 39,600 /yr | |
| 213 | 1-bed | 898 sqft | AED 670KAED 670,000 · May 2024May 2024 | 10,000 /yr |
205, May Residence Tower 5 in numbers
- Sold once: by May Real Estate Development on 1 September 2023 for AED 547,696, or AED 722 per sqft.
- Rented since March 2022 on 3 Ejari contracts, from AED 30,000 to AED 38,400 a year.
- At AED 38,400 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 11,500 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 September 2023.
Questions about 205, May Residence Tower 5
What did unit 205 last sell for?
AED 547,696 on 1 September 2023, sold by the developer: AED 722 per sqft for 758 sqft. It is the only registered sale of the unit.
What is the rent for unit 205?
AED 38,400 a year on the contract signed on 1 March 2023. The previous contract, from March 2022, was AED 32,000; the unit has been rented since March 2022.
How big is unit 205?
758 sqft (70.4 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 205 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 205, May Residence Tower 5
Starts from the last sale price (AED 548K, 1 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 547,696
- Deposit, UAE resident (20%)
- AED 109,539
- Deposit, non-resident (40%)
- AED 219,078
- Monthly over 25 years at 3.7%
- AED 2,241
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →