412, May Residence Tower 5
Sold prices and rental history: sold twice, last in February 2024, 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 412, May Residence Tower 5
What is 412 worth today?
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Source: Dubai Land Department. Updated 17 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 397 sqft
- Floor
- 4th of 5
- Parking
- B-82
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 6,000 /yr
- Last sold
- AED 415K · February 2024
- Building
- May Residence Tower 5
About 412, May Residence Tower 5
412 is a studio of 397 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 15 February 2024 for AED 415,000, or AED 1,045 per sqft, 9% above the AED 956 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 17 October 2025, is AED 43,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 6,000 a year.
Sales and rents for 412 over time
412 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in May Residence Tower 5, and where 412 sits
All 14 studios →412 last sold in February 2024 at AED 1,045 per sqft, 9% above what studios in May Residence Tower 5 were fetching at the time (AED 956). 412's AED 43,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 513 sqft | 480,000 | 935 | ||
| 27 Mar 202527 March 2025 | 495 sqft | 440,000 | 889 | ||
| 11 Mar 202411 March 2024 | 495 sqft | 460,000 | 929 | ||
| 11 Dec 202311 December 2023 | 397 sqft | 380,000 | 956 |
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 | |
| 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 | |
| 413 | 1-bed | 898 sqft | AED 610KAED 610,151 · Apr 2023April 2023 | 65,000 /yr |
412, May Residence Tower 5 in numbers
- Sold twice: first on 17 October 2016 for AED 385,000, last on 15 February 2024 for AED 415,000 (AED 1,045 per sqft).
- Rented since May 2021 on 4 Ejari contracts, from AED 22,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 6,000 a year (AED 15.14 per sqft).
Source: Dubai Land Department. Updated 17 October 2025.
Questions about 412, May Residence Tower 5
What did unit 412 last sell for?
AED 415,000 on 15 February 2024: AED 1,045 per sqft for 397 sqft. The unit has 2 registered sales; the first was AED 385,000 in October 2016.
What is the rent for unit 412?
AED 43,000 a year on the contract renewed on 17 October 2025. The previous contract, from October 2024, was AED 40,000; the unit has been rented since May 2021.
How big is unit 412?
397 sqft (36.9 sqm): a studio on the 4th floor of a 5-storey tower completed in 2019.
What is unit 412 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 412, May Residence Tower 5
Starts from the last sale price (AED 415K, 15 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 415,000
- Deposit, UAE resident (20%)
- AED 83,000
- Deposit, non-resident (40%)
- AED 166,000
- Monthly over 25 years at 3.7%
- AED 1,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →