Photos and renders of the building and grounds — not of this particular unit.
May Residence Tower 1
1 BR · Apartment
About the building
A residential building in JVC District 10, completed in 2019. Developer — Landmark Holdings. Architect — MBA Engineering Consultancy.
Where it is
JVC
Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
- strong gross yields
- deep tenant demand
- accessible entry prices
What to check: Building quality here ranges from genuinely good to genuinely poor and the district average hides both. Visit on a normal weekday, check the parking and the lifts, and pull three years of service charge history before you offer.
Full district guide →Questions and answers about lot NP9-108136
How much is this 1-bedroom apartment in May Residence Tower 1?
Lot NP9-108136 is priced at AED 780 000, about $212 000. The listing does not state a size, so no price per square foot is given.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price.
What are prices like in JVC?
The database holds 260 lots in JVC. The area median is AED 2 224 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 136 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JVC area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2019 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 156 000; a loan of AED 624 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 200–3 600 a month. A non-resident puts down from 40% (AED 312 000) and pays about AED 2 400–2 700 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 31 200 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 1 220 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about May Residence Tower 1?
The project has 329 units. Completion year: 2019. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-108136 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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