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May Residence Tower 1

A 1 bed in May Residence Tower 1 costs a median AED 670,000, rents long-let for AED 60,000/yr (8.96% gross), and returns 16.68% short-let at the assumed 80% occupancy — +1.2 pts vs Jumeirah Village Circle's 7.80% and +2.0 pts vs Dubai's 6.98% — from 15 sales and 212 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
5 in 12 months
Rental contracts · 1 bed
92 in 12 months
Buy
670,000AED
AED 857/sqft
Long-let
60,000AED
AED 71/sqft · 8.96%
Short-let
16.68%
AED 509/night · 0.62/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread
+1.2 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 71
Sales
15
Rental contracts
212
Renewal rent
AED 59,000/yr
12 months
+0.0%
3 years
+30.4%+9.3%/yr

Based on 15 sales and 212 rental contracts in the last 24 months. Rental data covers the whole May Residence project, not this tower alone.

May Residence Tower 1 is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the May Residence development. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 156 registered sales in all — the 15 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 44,0009510.00%
+1.6 pts
104
1 bedAED 60,000718.96%
+1.2 pts
212
2 bedAED 110,000633

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

    Short-let rates around May Residence Tower 1

    Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

    How short-let rates are measured
    Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
    TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
    Studio4080.90AED 93,063AED 44,0002.1×21.15%1+
    1 bed5090.62AED 111,748AED 60,0001.9×16.68%2+

    Nightly rate per sqft through the year

    Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

    1 bed: first Oct 2026, 0.53 AED/night/sqft; latest Sep 2027, 0.51 AED/night/sqft; peak Nov 2026, 0.74 AED/night/sqft.

    Net revenue assumes 80% occupancy — an assumption, not a measurement.

    What the net revenue deducts
    Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

    Recent transactions

    As filed with the Land Department — data to 2026-08-26.

    6 resales in the last 12 months, against 24 a year on average over 2023–2025.

    Sales

    DateTypeSqftPriceAED/sqft
    10 Jul 20261 bed758AED 650,000857

    1 resales in the last 3 months.

    Rental contracts

    The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

    Nearby

    Metro
    Dubai Internet City
    Mall
    Mall of the Emirates
    Landmark
    Sports City Swimming Academy

    Compare with nearby buildings

    The most-traded buildings in May Residence, on the same figures over the same window.

    Common questions

    What is the rental yield in May Residence Tower 1?
    May Residence Tower 1 returns 8.96% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 212 rental contracts registered in the last 24 months.
    How much does a 1 bedroom in May Residence Tower 1 cost?
    The median registered sale price is AED 670,000 (812 AED/sqft), from 15 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    What are apartments in May Residence Tower 1 selling for right now?
    Registered sales of ready units in May Residence Tower 1 over the last 12 months have a median of 857 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
    Have prices in May Residence Tower 1 risen or fallen?
    Median price per square foot moved +17.2% over the last 12 months against the 12 before it, on 15 registered sales. On a sample this size, read the direction rather than the exact figure.
    How does May Residence Tower 1 compare with Jumeirah Village Circle?
    Its 8.96% gross yield sits +1.2 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

    Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

    May Residence Tower 1 rental record

    Record type
    Building-level property market record
    Data date
    Evidence base
    212 registered rental contracts in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
    Canonical record
    /rent/apartments/dubai/jumeirah-village-circle/may-residence-tower-1
    Method
    Definitions and calculations

    Cite as: Dubai Wealth Index. “May Residence Tower 1 rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/may-residence-tower-1.

    Stable dataJSON

    Where this data stops

    Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.