Dubai Land Department Off-Plan Register

May Residence Tower 3 Launch Prices

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

Buying off-plan? Run the free 6-step verification checklist before you pay a deposit. Verify first →
At a glance

Launch Summary

31 developer launch sales registered at May Residence Tower 3 between Jun 2016 and Oct 2018: 100% apartments, most commonly studio units, typically around 428 sqft.

Launch sales
31
DLD off-plan registrations, all time
Median launch /sqft
AED 837
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 347,000710,000
Min – max registered

Bed mix: Studio 90% · 1-bed 10%.

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 3, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2016 Q212AED 837
2016 Q35AED 850
2016 Q45AED 840
2017 Q23AED 829
2017 Q32AED 841
2018 Q12AED 736
2018 Q31AED 658
2018 Q41AED 661
Two different markets

Launch vs Resale

May Residence Tower 3 also has 53 ready-market resales registered with the DLD, the first on 30 May 2023 - 83 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
53
23 in the last 2 years
Resale median /sqft
AED 771
last 2 years
Resale vs launch
-8%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at May Residence Tower 3 →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
598 sqft · 1 October 2018
AED 395,000
AED 661 /sqft
Apartment · Studio
601 sqft · 18 September 2018
AED 395,000
AED 658 /sqft
Apartment · Studio
647 sqft · 20 February 2018
AED 475,000
AED 734 /sqft
Apartment · Studio
651 sqft · 20 February 2018
AED 480,000
AED 737 /sqft
Apartment · Studio
470 sqft · 31 July 2017
AED 395,000
AED 840 /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

← Jumeirah Village Circle (JVC) resale prices

No saved transactions yet.
Tap the bookmark icon on any row to save it.