May Residence Tower 1 rents
- 129 new leases and 87 renewals in 12 months
- Jumeirah Village Circle
- near Dubai Internet City
A one-bed here leases for about AED 60,000 a year, 14% below the typical Jumeirah Village Circle one-bed.
1 bed · typical new lease
60,000AEDa year
AED 68/sqft · -3.2% on a year
- A month, roughly
- AED 5,000
- Renewal
- AED 60,000
- vs Jumeirah Village Circle 1 bed
- 14% below the median
- New leases, 12 months
- 79
What should a lease in May Residence Tower 1 cost?A one-bed leases for about AED 60,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 3.2% less than a year earlier: AED 60,000 against 62,000.
Chart data, 1 bed: 2020, AED 40,000; latest, 2026, AED 58,000; peak, 2025, AED 62,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About May Residence Tower 1An apartment building in Jumeirah Village Circle
May Residence Tower 1 is an apartment building completed in 2019 in Jumeirah Village Circle. 216 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
Nearest, as registered
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Sports City Swimming Academy
Letting a unit in May Residence Tower 1?New tenants pay more than renewing ones
- New tenant vs renewal
- +12.5%
- New leases AED 54,000, renewals 48,000, all types
Ejari leases to 12 Oct 2026
Thinking of selling? May Residence Tower 1 sale prices →Comparables in Jumeirah Village Circle
Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. May Residence Tower 1 places 163rd of 206; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against May Residence Tower 1.
At 1 bed, May Residence Tower 1 ranks 167th of 201 by rent per square foot and 16th of 162 by gross yield in Jumeirah Village Circle.
Market context in Jumeirah Village Circle
Registered sales activity
4,341 ready apartment sales in the 12 months to 2026-10-12.
+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.
Explore sales activityPlanned apartment projects
7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.
29 projects had already passed their planned date; 16 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.
Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.
The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The May Residence towers
5 towers in May Residence, at the bedroom type above.
Ejari files May Residence’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Jumeirah Village Circle: every development at this typeJumeirah Village Circle: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
Nearby in Jumeirah Village Circle
Prices per sq ft around May Residence Tower 1, on the mapPrices per sq ft around May Residence Tower 1, on the map
May Residence Tower 4
Jumeirah Village Circle · 129 contracts, 12 months
54,000
AED a year median · 76/sqft
May Residence Tower 5
Jumeirah Village Circle · 129 contracts, 12 months
54,000
AED a year median · 76/sqft
May Residence Tower 2
Jumeirah Village Circle · 129 contracts, 12 months
54,000
AED a year median · 76/sqft
May Residence Tower 3
Jumeirah Village Circle · 129 contracts, 12 months
54,000
AED a year median · 76/sqft
Ask about May Residence Tower 1
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Common questions
- What is the registered annual rent for a 1 bedroom in May Residence Tower 1?
- The median new annual rent is AED 60,000, from 79 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in May Residence Tower 1 risen or fallen?
- The median new annual rent changed -3.2% in the trailing 12 months against the previous 12, using 79 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in May Residence Tower 1?
- 5 sales were registered with the Dubai Land Department in the last 12 months, alongside 79 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to May Residence Tower 1?
- Dubai Internet City, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.
- What is the rental yield in May Residence Tower 1?
- May Residence Tower 1 returns 9.0% gross: a median new-contract rent of AED 60,000 a year (79 Ejari contracts in 12 months) over a price benchmark of AED 670,000 (median of 5 sales in the last 12 months, latest Jul 2026), before service charge, agency fees or vacant months.
For agents
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May Residence Tower 1 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 79 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “May Residence Tower 1 rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/may-residence-tower-1
Stable dataJSON