302, May Residence Tower 5
Sold prices and rental history: sold 3 times, last in December 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, May Residence Tower 5
What is 302 worth today?
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Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 921 sqft
- Floor
- 3rd of 5
- Parking
- B-219
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,900 /yr
- Last sold
- AED 777K · December 2025
- Building
- May Residence Tower 5
About 302, May Residence Tower 5
302 is a one-bedroom apartment of 921 sqft on the 3rd 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 15 December 2025 for AED 777,000, or AED 843 per sqft, 11% above the AED 757 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 40,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 13,900 a year.
Sales and rents for 302 over time
302 has sold 3 times; 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 302 sits
All 47 1-beds →302 last sold in December 2025 at AED 843 per sqft, 11% above what one-beds in May Residence Tower 5 were fetching at the time (AED 757). 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. 302's AED 40,000 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 3rd floor
All 63 units in May Residence Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 903 sqft | AED 623KAED 623,070 · Mar 2024March 2024 | 60,000 /yr | |
| 303 | 1-bed | 899 sqft | AED 610KAED 610,000 · Mar 2024March 2024 | 62,500 /yr | |
| 304 | 1-bed | 928 sqft | AED 775KAED 775,000 · Jan 2026January 2026 | 39,000 /yr | |
| 305 | 1-bed | 758 sqft | AED 548KAED 547,696 · Sep 2023September 2023 | 72,500 /yr | |
| 306 | 1-bed | 927 sqft | AED 760KAED 760,000 · Sep 2023September 2023 | 65,000 /yr | |
| 307 | 1-bed | 768 sqft | AED 555KAED 555,000 · Feb 2024February 2024 | 65,000 /yr | |
| 308 | 1-bed | 434 sqft | AED 610KAED 610,000 · Dec 2023December 2023 | 60,000 /yr | |
| 309 | Studio | 523 sqft | AED 419KAED 419,000 · Apr 2017April 2017 | 45,000 /yr | |
| 310 | Studio | 495 sqft | AED 440KAED 440,000 · Mar 2025March 2025 | 38,000 /yr | |
| 311 | 1-bed | 907 sqft | AED 635KAED 635,000 · Nov 2023November 2023 | 86,250 /yr | |
| 312 | Studio | 397 sqft | AED 370KAED 370,000 · Jul 2023July 2023 | 40,000 /yr | |
| 313 | 1-bed | 898 sqft | AED 700KAED 700,000 · Jul 2025July 2025 | 62,000 /yr |
302, May Residence Tower 5 in numbers
- Sold 3 times: first on 12 September 2023 for AED 626,838, last on 15 December 2025 for AED 777,000 (AED 843 per sqft).
- Rented since August 2020 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 40,000 by October 2022.
- At AED 40,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 13,900 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 15 December 2025.
Questions about 302, May Residence Tower 5
What did unit 302 last sell for?
AED 777,000 on 15 December 2025: AED 843 per sqft for 921 sqft. The unit has 3 registered sales; the first was AED 626,838 in September 2023.
What is the rent for unit 302?
AED 40,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 30,000; the unit has been rented since August 2020.
How big is unit 302?
921 sqft (85.6 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.
What is unit 302 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 302, May Residence Tower 5
Starts from the last sale price (AED 777K, 15 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 777,000
- Deposit, UAE resident (20%)
- AED 155,400
- Deposit, non-resident (40%)
- AED 310,800
- Monthly over 25 years at 3.7%
- AED 3,179
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →