406, May Residence Tower 5
Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, May Residence Tower 5
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 927 sqft
- Floor
- 4th of 5
- Parking
- G-94
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 14,000 /yr
- Last sold
- AED 735K · October 2023
- Building
- May Residence Tower 5
About 406, May Residence Tower 5
406 is a one-bedroom apartment of 927 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. The developer sold it on 18 October 2023 for AED 735,000, or AED 792 per sqft, 16% above the AED 680 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 3 November 2026, is AED 77,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 14,000 a year.
Sales and rents for 406 over time
406 has sold once; 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 406 sits
All 47 1-beds →406 last sold in October 2023 at AED 792 per sqft, 16% above what one-beds in May Residence Tower 5 were fetching at the time (AED 680). 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. 406's AED 77,000 is in the upper 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 | |
| 403 | 1-bed | 899 sqft | AED 625KAED 625,000 · Feb 2025February 2025 | 49,675 /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 | |
| 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 |
406, May Residence Tower 5 in numbers
- Sold once: by May Real Estate Development on 18 October 2023 for AED 735,000, or AED 792 per sqft.
- Rented since June 2020 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 33,000 in 2021 and recovered to AED 77,000 by November 2026.
- At AED 77,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 14,000 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 3 November 2026.
Questions about 406, May Residence Tower 5
What did unit 406 last sell for?
AED 735,000 on 18 October 2023, sold by the developer: AED 792 per sqft for 927 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 77,000 a year on the contract signed on 3 November 2026. The previous contract, from September 2025, was AED 78,000; the unit has been rented since June 2020.
How big is unit 406?
927 sqft (86.1 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.
What is unit 406 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.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406, May Residence Tower 5
Starts from the last sale price (AED 735K, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 735,000
- Deposit, UAE resident (20%)
- AED 147,000
- Deposit, non-resident (40%)
- AED 294,000
- Monthly over 25 years at 3.7%
- AED 3,007
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →