403, May Residence Tower 5
Sold prices and rental history: sold twice, last in February 2025, 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 403, May Residence Tower 5
What is 403 worth today?
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Source: Dubai Land Department. Updated 24 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 899 sqft
- Floor
- 4th of 5
- Parking
- B-125
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 13,600 /yr
- Last sold
- AED 625K · February 2025
- Building
- May Residence Tower 5
About 403, May Residence Tower 5
403 is a one-bedroom apartment of 899 sqft on the 4th 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 February 2025 for AED 625,000, or AED 695 per sqft, in line with the AED 690 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 21 February 2025, is AED 49,675 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 13,600 a year.
Sales and rents for 403 over time
403 has sold twice; 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 403 sits
All 47 1-beds →403 last sold in February 2025 at AED 695 per sqft, in line with what one-beds in May Residence Tower 5 were fetching at the time (AED 690). 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. 403's AED 49,675 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 4th floor
All 63 units in May Residence Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 903 sqft | AED 606KAED 605,700 · Nov 2023November 2023 | 53,000 /yr | |
| 402 | 1-bed | 921 sqft | AED 692KAED 692,000 · Mar 2024March 2024 | 55,000 /yr | |
| 404 | 1-bed | 928 sqft | AED 306KAED 306,402 · Feb 2023February 2023 | 72,000 /yr | |
| 405 | 1-bed | 758 sqft | AED 548KAED 547,696 · Sep 2023September 2023 | 74,400 /yr | |
| 406 | 1-bed | 927 sqft | AED 735KAED 735,000 · Oct 2023October 2023 | 77,000 /yr | |
| 407 | 1-bed | 768 sqft | AED 565KAED 565,000 · Feb 2024February 2024 | 58,000 /yr | |
| 408 | 1-bed | 868 sqft | AED 710KAED 710,000 · Sep 2025September 2025 | 75,000 /yr | |
| 409 | Studio | 523 sqft | AED 424KAED 424,000 · Apr 2017April 2017 | 38,000 /yr | |
| 410 | Studio | 495 sqft | AED 413KAED 413,000 · Oct 2016October 2016 | 38,000 /yr | |
| 411 | 1-bed | 907 sqft | AED 640KAED 640,000 · Nov 2023November 2023 | 63,000 /yr | |
| 412 | Studio | 397 sqft | AED 415KAED 415,000 · Feb 2024February 2024 | 43,000 /yr | |
| 413 | 1-bed | 898 sqft | AED 610KAED 610,151 · Apr 2023April 2023 | 65,000 /yr |
403, May Residence Tower 5 in numbers
- Sold twice: first on 10 November 2023 for AED 513,165, last on 24 February 2025 for AED 625,000 (AED 695 per sqft).
- Rented since November 2021 on 5 Ejari contracts, from AED 32,000 to AED 49,675 a year.
- At AED 49,675 a year the gross yield on the 2025 price is 8.0%, 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 24 February 2025.
Questions about 403, May Residence Tower 5
What did unit 403 last sell for?
AED 625,000 on 24 February 2025: AED 695 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 513,165 in November 2023.
What is the rent for unit 403?
AED 49,675 a year on the contract signed on 21 February 2025. The previous contract, from February 2025, was AED 49,675; the unit has been rented since November 2021.
How big is unit 403?
899 sqft (83.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.
What is unit 403 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 403, May Residence Tower 5
Starts from the last sale price (AED 625K, 24 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →