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May Residence Tower 2

A studio in May Residence Tower 2 costs a median AED 498,000 and rents long-let for AED 43,000/yr (8.6% gross).

Studio · typical price

498,000AED

AED 1,072/sqft · +7.5% on a year

Rent a year
AED 43,000
Gross yield
8.6%
vs Jumeirah Village Circle
32% below the median
Cost to buy, all inAED 530,478
Price
AED 498,000
DLD fee 4%
AED 19,920
Agent 2% + VAT
AED 10,458
Trustee
AED 2,100

Fees repaid by rent9 months

Against this building’s registered sales of the same type.

Ask about May Residence Tower 2 →

Is May Residence Tower 2 a good investment?Pays above the Dubai median and prices rising; lots of new supply is coming

  1. Does it pay a good rent?8.6% gross, before the service charge (not on file) (Dubai median 6.8%)8.6%Strength
  2. Are rents going up?New studio leases: AED 43,500 a year ago, AED 43,000 now (pooled across the project)-1.1%
  3. Are prices going up?Studio: AED 997/sqft a year ago, 1,072 now+7.5%Strength
  4. How fast do fees pay back?AED 32,478 in fees to buy a studio; rent covers it in 0.8 years0.8 yrs
  5. Can I sell easily?10 sales in 12 months (25 the year before)10
  6. Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch
  7. Did earlier buyers gain?Up 18% for launch buyers, before fees+18.2%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

May Residence Tower 2 prices and rents by unit typeA studio costs about AED 498,000 and rents for about AED 43,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 498,0001,072/sqftlaunch 861 +24.6%8.6%+0.6 ptsAED 43,00049 contracts+7.5%5
1 bedAED 750,000780/sqft8.0%+0.6 ptsAED 60,00079 contracts+5.5%5
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Jumeirah Village Circle · area median AED 1,575/sqft

3 years
+31.4% · +9.5%/yr
vs area median
-31.9%
Rank by price per sqft
189th of 214

Rental income

Studio · Jumeirah Village Circle

Median new rent
AED 43,000/yr
Yield vs area median
+0.6 pts
Yield vs Dubai (6.8%)
+1.9 pts
Yield rank
25th of 104
Renewal rent
AED 41,000/yr
New tenants pay vs sitting (45 renewals)
+4.9%

Read with care

  • Rental data covers the whole May Residence project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Nov 2016, AED 364,000; latest, Aug 2026, AED 488,750; peak, Oct 2023, AED 503,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,018 · before fees

Launch, 2016–19
861
+18%
3 years ago
727
+40%
Previous 12 months
752
+35%
Last 12 months
1,018
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

10 resales in the last 12 months, against 38 a year on average over 2023–2025.

Middle 80% of sales: 726 – 1,189 AED per sq ft, 10th to 90th percentile of 10

DateTypeSqftPriceAED/sqft
24 Aug 20261 bed1,218AED 950,000780
7 Aug 2026Studio422AED 510,0001,209
27 Jul 2026Studio421AED 500,0001,187
14 Jul 2026Studio422AED 435,0001,031
6 Apr 2026Studio464AED 498,0001,072
20 Feb 20261 bed721AED 750,0001,041
18 Feb 20261 bed1,354AED 902,088666
16 Jan 20261 bed882AED 750,000851
28 Oct 2025Studio421AED 423,0001,004
24 Oct 20251 bed819AED 600,000733

10 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 2 places 285th of 352; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
281Joya Verde Residence DubaiCompleted 2019 · off-plan 907/sqftAED 782,5001,026+0.8%7.4%-15.1%6
282Golden Dream Tower 1AED 907,1251,026+0.8%—-17.6%53
283Reef ResidenceCompleted 2017 · off-plan 918/sqftAED 825,0001,023+0.5%6.4%-1.2%24
284Binghatti GateCompleted 2022 · off-plan 740/sqftAED 879,3391,022+0.4%8.2%-6.1%12
285May Residence Tower 2 · this buildingCompleted 2019 · off-plan 850/sqftAED 555,0001,0189.7%+35.4%10
286Diamond Views 3Completed 2013 · off-plan 765/sqftAED 720,0001,015-0.2%7.9%+10.9%20
287La Riviera AzureCompleted 2022 · off-plan 732/sqftAED 1.13M1,008-1.0%6.7%-1.0%6
288Crystal ResidenceCompleted 2018 · off-plan 950/sqftAED 645,0001,004-1.3%9.0%-20.6%8
289O2Completed 2021 · off-plan 969/sqftAED 835,000998-1.9%6.6%+1.0%24

Rank 1 is the dearest per square foot. Differences are against May Residence Tower 2 (AED 1,018/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, May Residence Tower 2 has registered sale prices 32% below the Jumeirah Village Circle median price per square foot of 1,575 AED, across 214 eligible buildings. It ranks 189th of 214 by price per square foot and 25th of 104 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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for May Residence Tower 2

Direct 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.

TowerPriceAED/sqftRent a yearGross yield
May Residence Tower 1—1 sale, too few—AED 43,000project pool—
May Residence Tower 2 · this buildingAED 498,0005 sales1,072AED 43,000project pool8.6%
May Residence Tower 3AED 500,0003 sales1,185AED 43,000project pool8.6%
May Residence Tower 4—none—AED 43,000project pool—
May Residence Tower 5—none—AED 43,000project pool—

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 type
DevelopmentRent a yearPriceAED/sqftGross yield
Emirates Garden I2 developments, pooledAED 45,00066 contractsAED 485,00011 sales9159.3%
Gardenia2 towers · rent filed for the projectAED 42,00040 contractsAED 495,0009 sales9158.5%
Rose 12 towers · rent filed for the projectAED 45,00026 contracts—2 sales, too few——
Emirates Garden II2 developments, pooledAED 44,44060 contractsAED 470,00019 sales8639.5%
Magnolia2 towers · rent filed for the projectAED 45,00027 contractsAED 455,00010 sales8459.9%
Maple2 towers · rent filed for the projectAED 44,00033 contractsAED 485,0009 sales8639.1%
Tuscan RESIDENCES12 developments, pooledAED 42,00053 contractsAED 500,00011 sales9028.4%
Arezzo2 towers · rent filed for the projectAED 42,96637 contractsAED 505,0009 sales8918.5%
Siena2 towers · rent filed for the projectAED 42,00016 contracts—2 sales, too few——
Belgravia III2 towers · rent filed for the projectAED 56,00015 contractsAED 800,0005 sales1,5697.0%
Belgravia Square2 towers · rent filed for the projectAED 57,50012 contracts—none——
Binghatti Galaxy2 towers · rent filed for the projectAED 54,00035 contractsAED 780,0004 sales1,5986.9%
Bloom Heights2 towers · rent filed for the projectAED 50,000110 contractsAED 615,00020 sales1,5538.1%
Bloom Towers3 towers · rent filed for the projectAED 52,000186 contractsAED 640,00027 sales1,6348.1%
Cello Residences2 towers—noneAED 681,0005 sales1,543—
Elitz 2 By Danube2 towers—noneAED 671,57514 sales1,755—
Elitz 3 By Danube2 towers—noneAED 719,74011 sales1,782—
Elitz By Danube2 towers—noneAED 643,50016 sales1,443—
Emirates Garden 1 (Lavender - Gardenia - Rose)2 towers · rent filed for the projectAED 45,00025 contracts—2 sales, too few——
Emirates Garden 2 (Maple- Magnolia - Mulberry)2 towers · rent filed for the projectAED 43,10032 contractsAED 555,0008 sales9317.8%
Knight Bridge Court & Kensington Manor2 towers · rent filed for the projectAED 40,00098 contractsAED 420,00015 sales9969.5%
Luma222 towers · rent filed for the projectAED 55,000124 contractsAED 750,0007 sales1,6387.3%
Maimoon Gardens2 towers—noneAED 704,5006 sales1,724—
May Residence · this development5 towers · rent filed for the projectAED 43,00049 contractsAED 500,0009 sales1,1858.6%
Oakley Square Residences2 towers · rent filed for the projectAED 60,00043 contractsAED 780,0007 sales1,5827.7%
Plaza Residences2 towers · rent filed for the projectAED 43,75048 contractsAED 492,50012 sales1,1708.9%
Roxana Residence4 towers · rent filed for the projectAED 48,00048 contractsAED 550,0005 sales1,3008.7%
Sandoval Gardens2 towers · rent filed for the projectAED 48,00017 contractsAED 650,0003 sales8527.4%
Serenity Lakes 22 towers—noneAED 663,6483 sales1,108—
Serenity Lakes 52 towersAED 48,00045 contractsAED 565,00011 sales1,3008.5%
Serenz by Danube2 towers—noneAED 887,880279 sales2,260—
Signature Livings2 towers · rent filed for the projectAED 50,00089 contractsAED 700,00018 sales1,6537.1%
Skyhills III by HRE2 towers—noneAED 723,54613 sales1,777—
The Autograph2 towers · rent filed for the projectAED 55,00063 contractsAED 790,00014 sales1,6287.0%
The Orchard Place2 towers—noneAED 820,8856 sales1,562—
Tuscan Residence 12 towers · rent filed for the projectAED 41,00014 contractsAED 479,8854 sales8368.5%
All of Jumeirah Village Circleevery building, in a project or notAED 50,0004,555 contractsAED 709,5023,718 sales1,7277.0%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. 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.

About May Residence Tower 2

May Residence Tower 2 is an apartment building completed in 2019 in Jumeirah Village Circle. 153 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

Nearest, as registered

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

May Residence Tower 2: AED 1,018 per sq ft, 26% below the median Jumeirah Village Circle building, and a 9.7% gross yield, in the top tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. May Residence Tower 2AED 1,018
  2. Jumeirah Village Circle, readyAED 1,300
  3. Jumeirah Village Circle, off-planAED 1,575
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

May Residence Tower 2Jumeirah Village Circle median building

  1. Jumeirah Village Circle9.7% vs 7.5%
Line: the 10th to 90th percentile of 195 buildings in Jumeirah Village Circle. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Jumeirah Village Circle, by handover quarter

Nearby in Jumeirah Village Circle

Prices per sq ft around May Residence Tower 2, on the map
Pills show median sale price, AED. 304 buildings pinned from Google place records and Apple geocoding · May Residence Tower 2 is the inverted pinOpen in Apple Maps

Before you decide

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

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from May Residence Tower 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
2,214AED
4.5% over 25 years
Monthly rent
3,583AED
AED 43,000 a year
Cash needed at purchase
140,058AED
20% down plus AED 40,458 in fees

Owning costs AED 171,112 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about May Residence Tower 2

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Common questions

What is the rental yield in May Residence Tower 2?
May Residence Tower 2 returns 8.6% gross: a median new-contract rent of AED 43,000 a year (49 Ejari contracts in 12 months) over a price benchmark of AED 498,000 (median of 5 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
How much does a studio in May Residence Tower 2 cost?
The median registered sale price is AED 498,000 (1,072 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 2 selling for right now?
Registered sales of ready units in May Residence Tower 2 over the last 12 months have a median of 1,072 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. Floor, view and condition move a specific unit's price around it.
Have prices in May Residence Tower 2 risen or fallen?
Median price per square foot moved +7.5% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. 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 8.6% gross yield sits +0.6 pts against the Jumeirah Village Circle median of 8.0%, 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.

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May Residence Tower 2 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/may-residence-tower-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “May Residence Tower 2 sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/may-residence-tower-2

Stable dataJSON