Developer · #459 by 12M value
May Real Estate Development
Market bulletin · Thu, 22 Oct 2026
May Real Estate Development: 1 sales worth AED 660K in 30 days
May Real Estate Development recorded 1 sale worth AED 660K in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 600K, or AED 781/sqft.
By market over 12 months: secondary (ready) sales 100%.
May Real Estate Development registered 25 sales worth AED 16.4M in 12 months across 1 communities, ranking #459 among Dubai developers by value. Its most active project was May Residence Tower 2 (7 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 840 |
| Jan 26 | AED 877 |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 818 |
| Aug 25 | AED 829 |
| Jul 25 | AED 774 |
| Jun 25 | — |
| May 25 | AED 703 |
| Apr 25 | AED 746 |
| Mar 25 | AED 736 |
| Feb 25 | AED 769 |
| Jan 25 | AED 479 |
| Dec 24 | AED 902 |
| Nov 24 | AED 838 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 3 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 5 |
| Jan 26 | 0 | 0 | 7 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 660K | — | — |
| Last 3 months | 5 | up 150.0% | AED 2.93M | 781 | — |
| Last 6 months | 7 | down 56.3% | AED 4.08M | 857 | down 0.3% |
| Last 12 months | 25 | down 72.8% | AED 16.4M | 851 | up 12.9% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 25 | 100% | AED 665K | 851 | up 12.9% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 7 | 28% | AED 500K | 1,185 | up 22.4% |
| 1 bedroom | 18 | 72% | AED 745K | 808 | up 9.3% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 25 | 100% | AED 665K | 851 | up 12.9% |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| May Residence Tower 2Jumeirah Village Circle | 7 | — | — |
| May Residence Tower 3Jumeirah Village Circle | 6 | — | — |
| May Residence Tower 1Jumeirah Village Circle | 5 | — | — |
| May Residence Tower 4Jumeirah Village Circle | 4 | — | — |
| May Residence Tower 5Jumeirah Village Circle | 3 | — | — |
Where May Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Jumeirah Village Circle | 25 | 851 | 100% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 660K | 1 BR Apartment · 845 sqftMay Residence Tower 3 · Jumeirah Village Circle | 10 Aug |
| AED 660K | 1 BR Apartment · 857 sqftMay Residence Tower 4 · Jumeirah Village Circle | 1 Oct |
| AED 600K | 1 BR Apartment · 882 sqftMay Residence Tower 3 · Jumeirah Village Circle | 21 Aug |
| AED 510K | Studio Apartment · 422 sqftMay Residence Tower 2 · Jumeirah Village Circle | 7 Aug |
| AED 500K | Studio Apartment · 421 sqftMay Residence Tower 2 · Jumeirah Village Circle | 27 Jul |
Questions about May Real Estate Development
What is the average price per sqft in May Real Estate Development?
The median sale price in May Real Estate Development over the last three months was AED 781 per sqft (median sale AED 600K), based on 5 sales registered with Dubai Land Department.
How many properties were sold in May Real Estate Development in the last year?
25 sales worth AED 16.4M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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