G01, May Residence Tower 5
Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G01, May Residence Tower 5
What is G01 worth today?
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Source: Dubai Land Department. Updated 7 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 2,510 sqft
- Floor
- Ground of 5
- Parking
- G-29,G-30
- Developer
- May Real Estate Development
- Completed
- 2019
- Service charge
- AED 38,000 /yr
- Last sold
- AED 610K · April 2024
- Building
- May Residence Tower 5
About G01, May Residence Tower 5
G01 is a one-bedroom apartment of 2,510 sqft on the ground 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 2 April 2024 for AED 610,185, or AED 243 per sqft, 65% below the AED 690 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 7 July 2026. The current contract, signed on 7 July 2026, is AED 50,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 38,000 a year.
Sales and rents for G01 over time
G01 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 G01 sits
All 47 1-beds →G01 last sold in April 2024 at AED 243 per sqft, 65% below 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. G01's AED 50,000 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 ground floor
All 63 units in May Residence Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| G02 | 1-bed | 954 sqft | AED 2MAED 2,000,000 · Dec 2023December 2023 | 156,923 /yr |
G01, May Residence Tower 5 in numbers
- Sold once: by May Real Estate Development on 2 April 2024 for AED 610,185, or AED 243 per sqft.
- Rented since July 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 38,000 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 7 July 2026.
Questions about G01, May Residence Tower 5
What did unit G01 last sell for?
AED 610,185 on 2 April 2024, sold by the developer: AED 243 per sqft for 2,510 sqft. It is the only registered sale of the unit.
What is the rent for unit G01?
AED 50,000 a year on the contract signed on 7 July 2026.
How big is unit G01?
2,510 sqft (233.2 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower completed in 2019.
What is unit G01 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 G01, May Residence Tower 5
Starts from the last sale price (AED 610K, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,185
- Deposit, UAE resident (20%)
- AED 122,037
- Deposit, non-resident (40%)
- AED 244,074
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →