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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 16.79% short-term at the assumed 80% occupancy.

  • Ask
Buy · 1 bed
670,000AED
AED 857/sqft · +31.7% 12mo
Long-let
AED 60,000/yr · +1.5 pts vs area
8.96%
Short-term (modelled)
AED 509/night · 0.65/sqft
16.79%

5 sales · 91 rental contracts in 12 months · Data to 2026-09-11 · refreshed 2026-09-16

Appreciation

1 bed · price per sqft · Jumeirah Village Circle · area median AED 1,350/sqft

Price per sqft, 12 months
+31.7%
3 years
+20.5% · +6.4%/yr
vs area median
-36.5%
Rank by price per sqft
278th of 311

Rental income

1 bed · Jumeirah Village Circle

Gross yield
8.96%
Median new rent
AED 60,000/yr
Yield vs area median
+1.5 pts
Yield vs Dubai (6.94%)
+2.0 pts
Yield rank
15th of 169
Renewal rent
AED 60,000/yr

Short-term income

1 bed · 80% occupancy · 7-night stays

Median nightly rate
AED 509
Net revenue
AED 112,480/yr
vs long-let rent
1.9×
Listings seen
2+

1 bed figures rest on 5 registered sales and 91 new rental contracts in the 12 months to 2026-09-11; rents pooled across the project. Latest price record Jul 2026.

Read with care

  • Rental data covers the whole May Residence project, not this tower alone.
How 8.96% is calculated
Gross yield
8.96% gross yield
Numerator
AED 60,000 median new rent · 91 contracts in 12 months
Denominator
÷ AED 670,000 price benchmark
Benchmark basis
Median of 5 sales in the last 12 months · latest Jul 2026

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

Short-term yield is modelled: net revenue at 80% occupancy ÷ the same price benchmark. Occupancy is an assumption, not a measurement; the dial in the short-term section changes it.

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 from 2023 to 2026 contain 78 registered sales across all bedroom types. Current sale figures use the last 12 months; rental medians use new Ejari contracts from the same period.

Yield by bedroom type

TypeMedian priceAED/sqftYieldNew rent (contracts)12moSales
StudioAED 485,000945pooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
1 bedAED 670,0008578.96%
+1.5 pts
AED 60,000
91
+31.7%5

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
Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike. Each bedroom type is priced off its own sales; the columns beside each yield show both legs and the sales the benchmark rests on.
  • 1 bed: price benchmark AED 670,000 · 5 sales in 12 months · latest Jul 2026

Worked example: gross yield, costs and shared rental evidence

Short-term rates around May Residence Tower 1

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

How short-term 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”.
80%

80% is the published assumption. Move the dial to model a different occupancy; the site's own figures keep 80%.

TypeNightly, AEDAED/night/sqftNet revenue at 80%Long-let rentUpliftNet yieldListings seen
Studio4080.80AED 92,066AED 45,0002.0×1+
1 bed5090.65AED 112,480AED 60,0001.9×16.79%2+

At 80% occupancy.

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, 0.56 AED/night/sqft; latest Sep 2027, 0.54 AED/night/sqft; peak Nov 2026, 0.78 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 2026-09-11.

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
23 Feb 20261 bed928AED 700,000754
13 Feb 20261 bed927AED 810,775874
27 Jan 20261 bed758AED 665,000877
21 Jan 2026Studio513AED 485,000945
22 Dec 20251 bed922AED 670,000727

6 resales in the last 12 months.

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. May Residence Tower 1 places 320th of 353; the nearest 8 are shown.

RankBuildingAED/sqftvs May Residence Tower 1Median priceYield12moSales
316Tuscan Residences1-Arezzo 1881+1.8%AED 515,0009.90%+8.8%7
317Spica880+1.6%AED 1.20M5.40%+5.5%5
318Summer 2876+1.2%AED 860,0006.51%+14.1%25
319Pantheon Boulevard866+0.1%AED 900,000-2.0%7
320May Residence Tower 1 · this building866AED 667,5008.39%+3.1%6
321TUSCAN RESIDENCES1- Siena 2865-0.1%AED 615,0008.86%4
322Knightsbridge Court863-0.4%AED 600,0007.67%+2.4%21
323Autumn 1858-0.8%AED 600,0009.33%-7.2%17
324Fortunato 1858-0.9%AED 1.00M6.80%+4.1%15

Rank 1 is the dearest per square foot. Differences are against May Residence Tower 1 (AED 866/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, May Residence Tower 1 has registered sale prices 37% below the Jumeirah Village Circle median price per square foot of 1,350 AED, across 311 eligible buildings. It ranks 278th of 311 by price per square foot and 15th of 169 by gross yield in Jumeirah Village Circle.

Where May Residence Tower 1 stands

May Residence Tower 1 in Jumeirah Village Circle, and what the register names nearby.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps
Metro
Dubai Internet City
Mall
Mall of the Emirates
Landmark
Sports City Swimming Academy

Before you decide

The facts that can change the return, each with the date it rests on.

Filled dot: on record. Hollow: read with care. Dashed: a gap the site cannot close from public data.

Common questions

What is the rental yield in May Residence Tower 1?
May Residence Tower 1 returns 8.96% gross: a median new-contract rent of AED 60,000 a year (91 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.
How much does a 1 bedroom in May Residence Tower 1 cost?
The median registered sale price is AED 670,000 (857 AED/sqft), from 5 Dubai Land Department sales in the last 12 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 uses the same trailing year as the rent and yield figures, requires at least five sales, and 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 +31.7% over the last 12 months against the 12 before it, on 5 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 +1.5 pts against the Jumeirah Village Circle median of 7.48%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data to 2026-09-11, refreshed 2026-09-16. Short-term rates are collected separately from public Airbnb search results.

Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike. Each yield states its price benchmark and evidence count beside it. Short-term yields are modelled at an assumed 80% occupancy over the same benchmark.

May Residence Tower 1 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 registered sales in the trailing 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/may-residence-tower-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “May Residence Tower 1 sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-09-11. https://dubaiwealthindex.com/sale/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.

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