Building · May Residence, Jumeirah Village Circle (JVC) · Sale prices

May Residence Tower 1 Commercial Prices 2026

The median sale price of a commercial property in May Residence Tower 1 was ⃃ 1,300,000 in the 12 months to 16 Oct 2026, based on 1 registered sales — with no comparable figure for the same 12 months a year earlier. The median price per square foot was ⃃ 920. That is 45.8% below the Dubai-wide median of ⃃ 2,400,000 for the same commercial property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 1 salesUpdated: 18 Oct 2026
Median sale price
⃃ 1,300,000
1 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 920
1 sales · the 12 months to 16 Oct 2026
Registered sales
1
worth ⃃ 1.3M · the 12 months to 16 Oct 2026
Gross rental yield
16.15%
median rent ⃃ 210,000/yr · yield details

What are the key price figures for commercial properties in May Residence Tower 1?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 1,300,00012 months to 16 Oct 20261 sales; — vs the same 12 months a year earlier
Median price per sq ft⃃ 92012 months to 16 Oct 20261 sales; — vs the same 12 months a year earlier
Number of sales112 months to 16 Oct 2026— vs the same 12 months a year earlier
Total sales value⃃ 1,300,00012 months to 16 Oct 2026— vs the same 12 months a year earlier
Lowest / highest sale⃃ 1.3M – ⃃ 1.3M12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range490 – 1,420 sq ftall units on record6 units
Median annual rent⃃ 210,00012 months to 16 Oct 20263 units currently rented
Gross rental yield16.15%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Units on record6current1 sold in the 12 months to 16 Oct 2026 (16.7% of stock)
Units available for sale1currentactive listings matched to units
Developer (primary) median price⃃ 2,150,000all time3 developer sales; ⃃ 1,520 per sq ft
Launch date08/11/2015—project record
Completion / handover date29/12/2019—project record

How have commercial property prices in May Residence Tower 1 changed since 2022?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2022–2026 (to 16 Oct 2026)
May Residence Tower 1 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
202215,333
202421,383
2026 YTD1916
Registered sales and median price per sq ft by year, May Residence Tower 1, commercial properties. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)1part year⃃ 1.3M⃃ 1,300,000⃃ 916−33.7%
20242+100.0%⃃ 3.92M⃃ 1,961,875⃃ 1,383−74.1%
20221—⃃ 2.8M⃃ 2,800,000⃃ 5,333—

Transactions by year: 2026 · 2024 · 2022 · all years

How does May Residence Tower 1 compare with May Residence and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricMay Residence Tower 1May ResidenceDubai
Median sale price⃃ 1,300,000⃃ 1,300,000⃃ 2,400,000
Median price per sq ft⃃ 920⃃ 920⃃ 2,430
Price per sq ft YoY——+43.8%
Sales116,877
Gross rental yield16.15%16.15%2.08%

What are the latest registered sales of commercial properties in May Residence Tower 1?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
18/02/2026May Residence Tower 1Commercial1,419 sq ft⃃ 1,300,000⃃ 916Resale · Ready

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How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of commercial properties, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/may-residence-tower-1/commercial
May Residence Tower 1 Commercial Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/may-residence-tower-1/commercial

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in May Residence Tower 1 for commercial properties?
The median sale price of a commercial property in May Residence Tower 1 was ⃃ 1,300,000 in the 12 months to 16 Oct 2026, from 1 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in May Residence Tower 1 for commercial properties?
The median price per square foot of commercial properties in May Residence Tower 1 was ⃃ 920 in the 12 months to 16 Oct 2026.
How many properties were sold in May Residence Tower 1 in the last 12 months?
1 sales of commercial properties worth ⃃ 1,300,000 were registered in May Residence Tower 1 in the 12 months to 16 Oct 2026.
Are property prices in May Residence Tower 1 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of commercial properties in May Residence Tower 1 changed —. In calendar year 2024 it was ⃃ 1,383 (−74.1% on 2023), and ⃃ 916 so far in 2026.
What is the rental yield in May Residence Tower 1 for commercial properties?
The gross rental yield of commercial properties in May Residence Tower 1 is 16.15% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 210,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/may-residence-tower-1/commercial