1-bed · 898 sqftMay Residence Tower 5, Jumeirah Village Circle (JVC) · 3rd floor · completed 2019

313, May Residence Tower 5

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 23 August 2025
Last soldAED 700K16 July 2025
Current rentAED 62K /yr23 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, May Residence Tower 5

What is 313 worth today?

Last sold for AED 700,000 in 2025

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23 Aug 2025RentedNew contract
AED 62,000/yr12 months · AED 69 per sqft
16 Jul 2025SoldReady
AED 700,000AED 779 per sqft
24 Oct 2024Sold by developerReady
AED 485,000AED 540 per sqft
22 Jul 2024RentedNew contract
AED 50,000/yr10 months · AED 56 per sqft
22 Jul 2022RentedRenewal
AED 35,000/yr12 months · AED 39 per sqft
22 Jul 2021RentedNew contract
AED 32,000/yr12 months · AED 36 per sqft
1 Jun 2020RentedNew contract
AED 38,000/yr13 months · AED 42 per sqft

Source: Dubai Land Department. Updated 23 August 2025.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
3rd of 5
Parking
B-146
Developer
May Real Estate Development
Completed
2019
Service charge
AED 13,600 /yr
Last sold
AED 700K · July 2025

About 313, May Residence Tower 5

313 is a one-bedroom apartment of 898 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 16 July 2025 for AED 700,000, or AED 779 per sqft, 12% above the AED 695 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 23 August 2025, is AED 62,000 a year: a gross yield of 8.9% on the 2025 price, before the service charge of about AED 13,600 a year.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical one-bed in May Residence Tower 5
600K800K20192021202320252027Typical sale price by year: 2019 AED 650,000; 2023 AED 568,162; 2024 AED 649,750; 2025 AED 690,000; 2026 AED 775,000Sold by developer, October 2024: AED 485,000 (AED 540 per sqft)Sold, July 2025: AED 700,000 (AED 779 per sqft)

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

Rents
Unit 313, 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, June 2020: AED 38,000 a yearNew contract, July 2021: AED 32,000 a yearRenewal, July 2022: AED 35,000 a yearNew contract, July 2024: AED 50,000 a yearNew contract, August 2025: AED 62,000 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 313 sits

All 47 1-beds →

313 last sold in July 2025 at AED 779 per sqft, 12% above what one-beds in May Residence Tower 5 were fetching at the time (AED 695). 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. 313's AED 62,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026750,000
3 Feb 2026775,000
15 Jan 2026775,000
9 Jan 2026780,000
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
3041-bedAED 775K · Jan 2026
3051-bedAED 548K · Sep 2023
3061-bedAED 760K · Sep 2023
3071-bedAED 555K · Feb 2024
1–7 of 12

313, May Residence Tower 5 in numbers

  • Sold twice: first on 24 October 2024 for AED 485,000, last on 16 July 2025 for AED 700,000 (AED 779 per sqft).
  • Rented since June 2020 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 32,000 in 2021 and recovered to AED 62,000 by August 2025.
  • At AED 62,000 a year the gross yield on the 2025 price is 8.9%, before a service charge of about AED 13,600 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 23 August 2025.

Questions about 313, May Residence Tower 5

What did unit 313 last sell for?

AED 700,000 on 16 July 2025: AED 779 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 485,000 in October 2024.

What is the rent for unit 313?

AED 62,000 a year on the contract signed on 23 August 2025. The previous contract, from July 2024, was AED 50,000; the unit has been rented since June 2020.

How big is unit 313?

898 sqft (83.4 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2019.

What is unit 313 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 313, May Residence Tower 5

Starts from the last sale price (AED 700K, 16 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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