504, May Residence Tower 5
Sold prices and rental history: sold 3 times, last in July 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 504, May Residence Tower 5
What is 504 worth today?
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Source: Dubai Land Department. Updated 7 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 513 sqft
- Floor
- 5th of 5
- Parking
- B-86
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 7,800 /yr
- Last sold
- AED 480K · July 2025
- Building
- May Residence Tower 5
About 504, May Residence Tower 5
504 is a studio of 513 sqft on the 5th 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 30 July 2025 for AED 480,000, or AED 935 per sqft.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 7 August 2025, is AED 33,500 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 7,800 a year.
Sales and rents for 504 over time
504 has sold 3 times; 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 504 sits
All 14 studios →504's AED 33,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Mar 202527 March 2025 | 495 sqft | 440,000 | 889 | ||
| 11 Mar 202411 March 2024 | 495 sqft | 460,000 | 929 | ||
| 15 Feb 202415 February 2024 | 397 sqft | 415,000 | 1,045 | ||
| 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 5th floor
All 63 units in May Residence Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 903 sqft | AED 623KAED 623,353 · Mar 2024March 2024 | 62,000 /yr | |
| 502 | 2-bed | 1,848 sqft | AED 1.15MAED 1,150,000 · Dec 2018December 2018 | 77,000 /yr | |
| 503 | 1-bed | 899 sqft | AED 620KAED 620,000 · Jul 2025July 2025 | 55,000 /yr | |
| 505 | 1-bed | 759 sqft | AED 600KAED 600,000 · Feb 2024February 2024 | 54,000 /yr | |
| 506 | 1-bed | 767 sqft | AED 690KAED 690,000 · Jun 2025June 2025 | 62,000 /yr | |
| 507 | 2-bed | 1,737 sqft | AED 1.3MAED 1,300,000 · May 2025May 2025 | 100,000 /yr | |
| 508 | Studio | 524 sqft | AED 429KAED 429,000 · Apr 2017April 2017 | 45,000 /yr | |
| 509 | 1-bed | 898 sqft | AED 780KAED 780,000 · Jan 2026January 2026 | 73,200 /yr |
504, May Residence Tower 5 in numbers
- Sold 3 times: first on 7 May 2017 for AED 385,000, last on 30 July 2025 for AED 480,000 (AED 935 per sqft).
- Rented since April 2021 on 6 Ejari contracts, from AED 21,000 to AED 33,500 a year.
- At AED 33,500 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 7,800 a year (AED 15.14 per sqft).
Source: Dubai Land Department. Updated 7 August 2025.
Questions about 504, May Residence Tower 5
What did unit 504 last sell for?
AED 480,000 on 30 July 2025: AED 935 per sqft for 513 sqft. The unit has 3 registered sales; the first was AED 385,000 in May 2017.
What is the rent for unit 504?
AED 33,500 a year on the contract renewed on 7 August 2025. The previous contract, from August 2024, was AED 33,500; the unit has been rented since April 2021.
How big is unit 504?
513 sqft (47.7 sqm): a studio on the 5th floor of a 5-storey tower completed in 2019.
What is unit 504 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 504, May Residence Tower 5
Starts from the last sale price (AED 480K, 30 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →