Unit 106, May Residence 1: what it sold for and what it is worth now

Unit 106 at May Residence 1 is a 1 bed of 927 sq ft. It last sold for AED 850,000 on 28 Mar 2024. At AED 858 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 795,000 today.

Value todayAED 795,000AED 699,000 to AED 811,000
Last saleAED 850,00028 Mar 2024 · Resale
Change since last sale-6.5%Building trend alone: AED 1,038,157
Rent (median asking, 1 bed)AED 55,000Gross yield 6.9%
Bedrooms1 bed
Size927 sq ft
Floor1 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingMay Residence 1 by May Real Estate Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 106

DatePriceSizeAED/sq ftType
28 Mar 2024AED 850,000927 sq ft917Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30612 Feb 2026AED 810,775927 sq ft875Resale
2062 Jul 2024AED 750,000927 sq ft809Resale
4061 Apr 2024AED 600,000927 sq ft647Resale
50629 Mar 2024AED 530,000763 sq ft695Resale
30619 Feb 2024AED 600,000927 sq ft647Resale

Latest 1 bed sales in May Residence 1

UnitDatePriceSizeAED/sq ftType
30510 Jul 2026AED 650,000758 sq ft858Resale
30420 Feb 2026AED 700,000928 sq ft754Resale
30612 Feb 2026AED 810,775927 sq ft875Resale
20527 Jan 2026AED 665,000758 sq ft877Resale
30222 Dec 2025AED 670,000922 sq ft727Resale
10515 May 2025AED 600,0001,066 sq ft563Resale
5057 May 2025AED 680,000760 sq ft895Resale
40530 Apr 2025AED 675,000758 sq ft891Resale

How we worked out the value

We took the 5 sales in May Residence 1 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 858). We multiplied it by the size of this unit (927 sq ft). The range uses the middle half of those sales (AED 754 to AED 875 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,038,157. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Jul 2026, from the Dubai Land Department register.

Questions

What is unit 106 at May Residence 1 worth?

About AED 795,000 (range AED 699,000 to AED 811,000), based on AED 858 per sq ft from registered sales up to 10 Jul 2026.

When did unit 106 last sell?

28 Mar 2024, for AED 850,000 (resale). It has 1 registered sale.

What rent can unit 106 make?

A 1 bed in May Residence 1 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for May Residence 1All sales in May Residence 1

Unit 105 · Unit 107