212, May Residence Tower 5
Sold prices and rental history: sold twice, last in March 2021, 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 212, May Residence Tower 5
What is 212 worth today?
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Source: Dubai Land Department. Updated 12 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 397 sqft
- Floor
- 2nd of 5
- Parking
- B-222
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 6,000 /yr
- Last sold
- AED 285K · March 2021
- Building
- May Residence Tower 5
About 212, May Residence Tower 5
212 is a studio of 397 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. It last sold on 24 March 2021 for AED 285,000, or AED 717 per sqft, in line with the AED 717 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 12 June 2025, is AED 39,600 a year: a gross yield of 13.9% on the 2021 price, before the service charge of about AED 6,000 a year.
Sales and rents for 212 over time
212 has sold twice; 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 212 sits
All 14 studios →212 last sold in March 2021 at AED 717 per sqft, in line with what studios in May Residence Tower 5 were fetching at the time (AED 717). 212's AED 39,600 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 | |
| 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 | |
| 213 | 1-bed | 898 sqft | AED 670KAED 670,000 · May 2024May 2024 | 10,000 /yr |
212, May Residence Tower 5 in numbers
- Sold twice: first on 17 October 2016 for AED 385,000, last on 24 March 2021 for AED 285,000 (AED 717 per sqft).
- Rented since May 2021 on 5 Ejari contracts, from AED 21,000 to AED 39,600 a year.
- At AED 39,600 a year the gross yield on the 2021 price is 13.9%, before a service charge of about AED 6,000 a year (AED 15.14 per sqft).
Source: Dubai Land Department. Updated 12 June 2025.
Questions about 212, May Residence Tower 5
What did unit 212 last sell for?
AED 285,000 on 24 March 2021: AED 717 per sqft for 397 sqft. The unit has 2 registered sales; the first was AED 385,000 in October 2016.
What is the rent for unit 212?
AED 39,600 a year on the contract renewed on 12 June 2025. The previous contract, from June 2024, was AED 39,600; the unit has been rented since May 2021.
How big is unit 212?
397 sqft (36.9 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2019.
What is unit 212 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 212, May Residence Tower 5
Starts from the last sale price (AED 285K, 24 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 285,000
- Deposit, UAE resident (20%)
- AED 57,000
- Deposit, non-resident (40%)
- AED 114,000
- Monthly over 25 years at 3.7%
- AED 1,166
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →