Unit 107, May Residence 1: what it sold for and what it is worth now

Unit 107 at May Residence 1 is a 1 bed of 1,076 sq ft. It last sold for AED 700,000 on 22 Nov 2024. At AED 741 per sq ft, from 4 sales of units ending 07 (same position in the tower), it is worth about AED 797,000 today.

Value todayAED 797,000AED 695,000 to AED 898,000
Last saleAED 700,00022 Nov 2024 · Resale
Change since last sale+13.9%Building trend alone: AED 747,960
Rent (median asking, 1 bed)AED 55,000Gross yield 6.9%
Bedrooms1 bed
Size1,076 sq ft
Floor1 (from the unit number)
Position in the towerStack 07: units ending 07 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 107

DatePriceSizeAED/sq ftType
22 Nov 2024AED 700,0001,076 sq ft651Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30719 Nov 2024AED 650,000770 sq ft844Resale
40724 Sep 2024AED 640,000770 sq ft831Resale
5071 Aug 2024AED 1,092,0541,733 sq ft630Resale
50720 May 2024AED 1,092,0541,733 sq ft630Resale
40725 Jan 2024AED 500,604770 sq ft650Resale
30723 Jan 2024AED 500,604770 sq ft650Resale
20723 Jan 2024AED 500,604770 sq ft650Resale

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 4 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 741). We multiplied it by the size of this unit (1,076 sq ft). The range uses the middle half of those sales (AED 645 to AED 834 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 747,960. 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 107 at May Residence 1 worth?

About AED 797,000 (range AED 695,000 to AED 898,000), based on AED 741 per sq ft from registered sales up to 10 Jul 2026.

When did unit 107 last sell?

22 Nov 2024, for AED 700,000 (resale). It has 1 registered sale.

What rent can unit 107 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 106 · Unit 108