May Residence in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in May Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	39	10,994	430,667
1	79	8,864	703,333

Rents in May Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	51	740	37,580
1	78	817	63,571

The cap rate (rental yield) of investments into May Residence project is 8.3% on average.

The price of an apartment in May Residence is 9,568 AED/sqm on average.

Price for completed Studio apartment in May Residence is 430,667 AED or 10,994 AED/sqm.
Price for completed 1 bedroom apartment in May Residence is 703,333 AED or 8,864 AED/sqm.

Rent in May Residence is 8,864 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in May Residence is 37,580 AED or 740 AED/sqm.
Rent for 1 bedroom apartment in May Residence is 63,571 AED or 817 AED/sqm.

About May Residence

'May Residence' in 'Jumeirah Village Circle' area project description

May Residence is a luxurious residential complex located in the heart of Dubai. It is a unique development that offers a modern and sophisticated lifestyle to its residents. The project is developed by May Properties, a leading real estate developer in the UAE.

May Residence is located in the heart of Dubai, close to the city’s main attractions such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre. The complex is surrounded by lush green parks and gardens, providing a tranquil environment for its residents. The complex consists of two towers, each with its own distinct design and features.

The towers offer a variety of luxurious apartments, ranging from one to four bedrooms. All the apartments feature modern interiors and are equipped with the latest amenities. The apartments are designed to provide maximum comfort and convenience to its residents. The complex also offers a wide range of facilities, including a swimming pool, a gym, a spa, a sauna, and a business centre.

May Residence also provides a range of services to its residents, such as 24-hour security, housekeeping, laundry, and concierge services. The complex also offers a variety of recreational activities, such as a movie theatre, a bowling alley, and a shopping mall.

May Residence is the perfect place for those who want to experience the best of Dubai. It is a luxurious development that offers a modern and sophisticated lifestyle to its residents. With its luxurious amenities, convenient location, and range of services, May Residence is the perfect place to call home.

Q&A on May Residence

What are the advantages of 'May Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: May Residence is located in the heart of Dubai, close to the city’s main attractions, such as the Dubai Mall, Burj Khalifa, and Dubai Creek.

2. Luxury Amenities: May Residence offers luxurious amenities, such as a swimming pool, gym, spa, and concierge services.

3. Affordable Prices: May Residence offers competitive prices for its units, making it an attractive option for real estate buyers.

4. High Rental Yields: May Residence offers high rental yields, making it a great investment opportunity for real estate buyers.

5. Flexible Payment Plans: May Residence offers flexible payment plans, allowing buyers to pay in installments.

6. Quality Construction: May Residence is built with high-quality materials and construction standards, ensuring that buyers get a quality product.

What projects are better than 'May Residence' project in Dubai which are located close by, and why?

* Belgravia by Ellington Properties
- Quality & Design: High-end finishes, modern architecture, and spacious layouts.
- Amenities: State-of-the-art gym, resort-style pool, garden areas, and children's play area.
- Reputation: Developed by Ellington Properties, known for premium developments.

* Signature Livings by Green Group
- Sustainability: Dubai's first solar-powered residential building, incorporating eco-friendly technologies.
- Design: Exceptional design with contemporary interiors and intelligent use of space.
- Amenities: Pool, gym, BBQ area, and rooftop garden.

* Binghatti Apartments
- Value for Money: Competitive pricing with a good balance of luxury and affordability.
- Unique Architecture: Recognizable red accents and modern design.
- Facilities: Fully equipped gym, swimming pool, and retail outlets on the ground level.

* Ghalia by DAMAC
- Serviced Apartments: Offers furnished apartments managed by DAMAC's hospitality division.
- Religious Compliance: Sharia-compliant development, catering to Muslim residents.
- Amenities: Health club, family-friendly environment, and 24-hour concierge service.

* La Riviera Apartments
- Community-Focused: Emphasis on creating a close-knit community with social spaces.
- Design: Bright and spacious interiors with modern finishes.
- Recreational Facilities: Rooftop infinity pool, recreation area, and well-equipped gym.

* The Manhattan Tower
- Classic New York-Inspired Architecture: Offers a unique thematic design element.
- Spacious Units: Larger living spaces compared to many other developments in JVC.
- Amenities: Gym, swimming pool, children's play area, and lush gardens.

Each of these projects stands out due to unique factors such as design quality, amenities, sustainability features, and developer reputation, providing a competitive edge over the May Residence project in Jumeirah Village Circle.