May Residence Tower 2
A 1 bed in May Residence Tower 2 costs a median AED 640,520, rents long-let for AED 60,000/yr (8.00% gross), and returns 17.35% short-let at the assumed 80% occupancy — +0.2 pts vs Jumeirah Village Circle's 7.80% and +1.0 pts vs Dubai's 6.97% — from 24 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
- 640,520AED
- AED 780/sqft
- Long-let
- 8.00%
- AED 60,000/yr
- Short-let
- 17.35%
- AED 509/night · 0.59/sqft
Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent August 2026.
Priced off the last 5 sales — most recent August 2026.
- Yield spread
- +0.2 pts
- vs the Jumeirah Village Circle median for this unit type
- AED/yr/sqft
- AED 71
- Sales
- 24
- Rental contracts
- 212
- Renewal rent
- AED 59,000/yr
- 12 months
- +5.2%
- 3 years
- +18.0%+5.7%/yr
Based on 24 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 2 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 2016 to 2026, 306 registered sales in all — the 24 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in May Residence Tower 2, by year.
Chart data: Nov 2016, 768 AED/sqft; latest, Aug 2026, 1052 AED/sqft; peak, Apr 2026, 1072 AED/sqft.
Yield by bedroom type
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
Short-let rates around May Residence Tower 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.51 AED/night/sqft; latest Aug 2027, 0.44 AED/night/sqft; peak Nov 2026, 0.71 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in May Residence Tower 2 between 2016 and 2019 went for a median of AED 850/sqft (AED 364,000). The same building resells today at AED 766/sqft (AED 607,500) — an uplift of +66.9%.
Based on 31 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
13 resales in the last 12 months, against 38 a year on average over 2023–2025.
Sales
4 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.
- Highest rental yields in Jumeirah Village Circle · May Residence Tower 2 places 12th of 199
- May Residence Tower 3 · 9.33%
- May Residence Tower 4 · 7.57%
- May Residence Tower 5 · 7.23%
- May Residence Tower 1 · 8.42%
- Binghatti Circle
- Binghatti Amberhall
- Binghatti Apex · 6.67%
- One Sky Park by Iman
Common questions
- What is the rental yield in May Residence Tower 2?
- May Residence Tower 2 returns 8.00% 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 2 cost?
- The median registered sale price is AED 640,520 (743 AED/sqft), from 24 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 2 selling for right now?
- Registered sales of ready units in May Residence Tower 2 over the last 12 months have a median of 780 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 2 risen or fallen?
- Median price per square foot moved +5.2% over the last 12 months against the 12 before it, on 24 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does May Residence Tower 2 compare with Jumeirah Village Circle?
- Its 8.00% gross yield sits +0.2 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.
May Residence Tower 2 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 24 registered sales 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
Cite as: Dubai Wealth Index. “May Residence Tower 2 sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/may-residence-tower-2.
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.