209, May Residence Tower 5
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, May Residence Tower 5
What is 209 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 2nd of 5
- Parking
- B-225
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 7,900 /yr
- Last sold
- AED 414K · April 2017
- Building
- May Residence Tower 5
About 209, May Residence Tower 5
209 is a studio of 523 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 24 April 2017 for AED 414,000, or AED 792 per sqft, 4% below the AED 824 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 40,000 a year: a gross yield of 9.7% on the 2017 price, before the service charge of about AED 7,900 a year.
Sales and rents for 209 over time
209 has sold once; the dashed line is the studio median of each year in the building.
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 209 sits
All 14 studios →209 last sold in April 2017 at AED 792 per sqft, 4% below what studios in May Residence Tower 5 were fetching at the time (AED 824). 209's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 513 sqft | 480,000 | 935 | ||
| 27 Mar 202527 March 2025 | 495 sqft | 440,000 | 889 | ||
| 11 Mar 202411 March 2024 | 495 sqft | 460,000 | 929 | ||
| 15 Feb 202415 February 2024 | 397 sqft | 415,000 | 1,045 |
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 | |
| 205 | 1-bed | 758 sqft | AED 548KAED 547,696 · Sep 2023September 2023 | 38,400 /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 | |
| 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 |
209, May Residence Tower 5 in numbers
- Sold once: by May Real Estate Development on 24 April 2017 for AED 414,000, or AED 792 per sqft.
- Rented since April 2020 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2021 and recovered to AED 40,000 by April 2026.
- At AED 40,000 a year the gross yield on the 2017 price is 9.7%, before a service charge of about AED 7,900 a year (AED 15.14 per sqft).
Source: Dubai Land Department. Updated 1 April 2026.
Questions about 209, May Residence Tower 5
What did unit 209 last sell for?
AED 414,000 on 24 April 2017, sold by the developer: AED 792 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 209?
AED 40,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 40,000; the unit has been rented since April 2020.
How big is unit 209?
523 sqft (48.6 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 209 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 209, May Residence Tower 5
Starts from the last sale price (AED 414K, 24 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 414,000
- Deposit, UAE resident (20%)
- AED 82,800
- Deposit, non-resident (40%)
- AED 165,600
- Monthly over 25 years at 3.7%
- AED 1,694
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →