Unit 109, May Residence 1: what it sold for and what it is worth now

Unit 109 at May Residence 1 is a studio of 764 sq ft. It last sold for AED 750,000 on 29 Apr 2024. At AED 970 per sq ft, from 4 sales in the building in the last 24 months (studio), it is worth about AED 741,000 today.

Value todayAED 741,000AED 702,000 to AED 782,000
Last saleAED 750,00029 Apr 2024 · Resale
Change since last sale-1.2%Building trend alone: AED 918,654
Rent (median asking, studio)AED 39,000Gross yield 5.3%
Bedroomsstudio
Size764 sq ft
Floor1 (from the unit number)
Position in the towerStack 09: units ending 09 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 109

DatePriceSizeAED/sq ftType
29 Apr 2024AED 750,000764 sq ft982Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4092 Apr 2025AED 440,000524 sq ft840Resale
50922 Oct 2024AED 844,7411,341 sq ft630Resale
4091 Apr 2024AED 300,000524 sq ft573Resale
2091 Apr 2024AED 400,000524 sq ft763Resale
30925 Jan 2024AED 400,000524 sq ft763Resale

Latest studio sales in May Residence 1

UnitDatePriceSizeAED/sq ftType
50421 Jan 2026AED 485,000513 sq ft945Resale
4092 Apr 2025AED 440,000524 sq ft840Resale
41213 Dec 2024AED 395,000397 sq ft995Resale
11210 Dec 2024AED 440,000397 sq ft1,108Resale
4101 Apr 2024AED 300,000495 sq ft606Resale
5081 Apr 2024AED 350,000523 sq ft669Resale
5041 Apr 2024AED 350,000513 sq ft682Resale
4091 Apr 2024AED 300,000524 sq ft573Resale

How we worked out the value

We took the 4 sales in May Residence 1 in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 970). We multiplied it by the size of this unit (764 sq ft). The range uses the middle half of those sales (AED 919 to AED 1,023 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 918,654. 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 109 at May Residence 1 worth?

About AED 741,000 (range AED 702,000 to AED 782,000), based on AED 970 per sq ft from registered sales up to 10 Jul 2026.

When did unit 109 last sell?

29 Apr 2024, for AED 750,000 (resale). It has 1 registered sale.

What rent can unit 109 make?

A studio in May Residence 1 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 5.3% on the estimate.

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

Unit 108 · Unit 110