Dubai Land Department Off-Plan Register

May Residence Tower 2 Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

31 developer launch sales registered at May Residence Tower 2 between Nov 2016 and Apr 2019: 100% apartments, most commonly studio units, typically around 468 sqft.

Launch sales
31
DLD off-plan registrations, all time
Median launch /sqft
AED 850
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 360,000450,000
Min – max registered

Bed mix: Studio 97% · 1-bed 3%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at May Residence Tower 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2016 Q424AED 861
2018 Q46AED 676
2019 Q21AED 408
Two different markets

Launch vs Resale

May Residence Tower 2 also has 109 ready-market resales registered with the DLD, the first on 15 February 2023 - 75 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
109
37 in the last 2 years
Resale median /sqft
AED 763
last 2 years
Resale vs launch
-10%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at May Residence Tower 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,102 sqft · 29 April 2019
AED 450,000
AED 408 /sqft
Apartment · Studio
647 sqft · 18 December 2018
AED 435,000
AED 672 /sqft
Apartment · Studio
581 sqft · 18 December 2018
AED 395,000
AED 680 /sqft
Apartment · Studio
601 sqft · 18 December 2018
AED 395,000
AED 658 /sqft
Apartment · Studio
578 sqft · 18 December 2018
AED 395,000
AED 683 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Jumeirah Village Circle (JVC)

Off-plan in Jumeirah Village Circle (JVC)

Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.

All Jumeirah Village Circle (JVC) projects

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