1-bed · 928 sqftMay Residence Tower 5, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

304, May Residence Tower 5

Sold prices and rental history: sold once, by the developer in January 2026, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 775K15 January 2026
Current rentAED 39K /yr21 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, May Residence Tower 5

What is 304 worth today?

Last sold for AED 775,000 in 2026

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15 Jan 2026Sold by developerReady
AED 775,000AED 834 per sqft
21 Sep 2022RentedNew contract
AED 39,000/yr12 months · AED 42 per sqft
1 Jun 2021RentedNew contract
AED 40,000/yr13 months · AED 43 per sqft
1 May 2020RentedNew contract
AED 44,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
3rd of 5
Parking
G-28
Developer
May Real Estate Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 775K · January 2026

About 304, May Residence Tower 5

304 is a one-bedroom apartment of 928 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. The developer sold it on 15 January 2026 for AED 775,000, or AED 834 per sqft, 7% above the AED 779 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 21 September 2022, is AED 39,000 a year: a gross yield of 5.0% on the 2026 price, before the service charge of about AED 14,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in May Residence Tower 5
600K700K800K20192021202320252027Typical sale price by year: 2019 AED 650,000; 2023 AED 568,162; 2024 AED 629,500; 2025 AED 690,000; 2026 AED 775,000Sold by developer, January 2026: AED 775,000 (AED 834 per sqft)

304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in May Residence Tower 5
40K60K2020202220242026Typical rent by year: 2020 AED 42,000; 2021 AED 35,000; 2022 AED 36,000; 2023 AED 46,100; 2024 AED 60,000; 2025 AED 62,000; 2026 AED 60,000New contract, May 2020: AED 44,000 a yearNew contract, June 2021: AED 40,000 a yearNew contract, September 2022: AED 39,000 a year

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 304 sits

All 47 1-beds →

304 last sold in January 2026 at AED 834 per sqft, 7% above what one-beds in May Residence Tower 5 were fetching at the time (AED 779). 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. 304's AED 39,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026750,000
3 Feb 2026775,000
9 Jan 2026780,000
15 Dec 2025777,000
5 1-bed 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 3rd floor

All 63 units in May Residence Tower 5
Value
3011-bedAED 623K · Mar 2024
3021-bedAED 777K · Dec 2025
3031-bedAED 610K · Mar 2024
3051-bedAED 548K · Sep 2023
3061-bedAED 760K · Sep 2023
3071-bedAED 555K · Feb 2024
3081-bedAED 610K · Dec 2023
1–7 of 12

304, May Residence Tower 5 in numbers

  • Sold once: by May Real Estate Development on 15 January 2026 for AED 775,000, or AED 834 per sqft.
  • Rented since May 2020 on 3 Ejari contracts, from AED 44,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2026 price is 5.0%, before a service charge of about AED 14,100 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 January 2026.

Questions about 304, May Residence Tower 5

What did unit 304 last sell for?

AED 775,000 on 15 January 2026, sold by the developer: AED 834 per sqft for 928 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 39,000 a year on the contract signed on 21 September 2022. The previous contract, from June 2021, was AED 40,000; the unit has been rented since May 2020.

How big is unit 304?

928 sqft (86.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.

What is unit 304 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 304, May Residence Tower 5

Starts from the last sale price (AED 775K, 15 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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