MAY REAL ESTATE DEVELOPMENT · Selling since 2014 · recent sales mostly resales
completed per DLD · 100% complete · buildings · 339 units · 5 buildings · DLD target completion December 2019
Registered developer: MAY REAL ESTATE DEVELOPMENT (DLD no. 1081)
Escrow account with Emirates NBD · Zoned by Trakhees
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
This project filed 4 separate residential budgets for 2023. You pay the one your home sits in, not the average of them.
| Cluster or tower, as filed | AED per sqft |
|---|---|
| May Residence Tower 2 | 16.0 |
| May Residence Tower 3 | 16.0 |
| May Residence Tower 1 | 16.0 |
| May Residence Tower 4 | 16.0 |
Filed with the Land Department for 2023, the newest year its owners-association file covers. Charges have risen since, and a budget is not a bill. Which cluster a specific home belongs to is not in the register, so match the name against your own paperwork before relying on a figure.
AED 780/sqft
-3.2%
46 months
Registered resales here span 46 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in May Residence — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what completed homes of that size actually sold for in May Residence over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in May Residence itself; the rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 499K | AED 50,000/yrsame size in Jumeirah Village Circle | 10.0% | 10 |
| 1 bed | AED 750K | AED 75,000/yrsame size in Jumeirah Village Circle | 10.0% | 24 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 12.9% instead of 10.0%, because it prices the home at AED 389K — the median across every sale on record — rather than the AED 499K a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 16/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 6,767 | AED 43,233 | 10.0% | 8.7% |
| 1 bed | AED 13,892 | AED 61,108 | 10.0% | 8.1% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Over the last twelve months a completed studio in May Residence sold for a median AED 499K (10 ready sales), a 1-bedroom for AED 750K (24 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
A studio rents for a median AED 50,000/yr (homes of about that size in Jumeirah Village Circle, 2,894 new tenancies), a 1-bedroom rents for a median AED 75,000/yr (homes of about that size in Jumeirah Village Circle, 4,242 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match May Residence, so every figure above is the rent for homes of that size in Jumeirah Village Circle — the area's rent, not this project's own.
Gross yields on completed homes in May Residence run about 10.0% on a studio, 10.0% on a 1-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
0% of the 40 sales registered in May Residence in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
The Land Department's register holds 529 sales in May Residence, the earliest registered in 2014. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Price vs. Jumeirah Village Circle median
-46.0%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →When May Residence completed in December 2019, 13 other other projects in Jumeirah Village Circle were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 326 more other projects in Jumeirah Village Circle are still in the pipeline overall.
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Transport, schools, healthcare, and daily essentials within 3 km.
2.0 km
Kinderopvang smallsteps leidsche rijn
425 m
west zone
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Jumeirah Village Circle — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Priced from each tower’s own registered sales, rather than the project median above.
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.