Unit 202, May Residence 1: what it sold for and what it is worth now

Unit 202 at May Residence 1 is a 1 bed of 922 sq ft. It last sold for AED 645,200 on 25 Dec 2023. At AED 858 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 791,000 today.

Value todayAED 791,000AED 695,000 to AED 806,000
Last saleAED 645,20025 Dec 2023 · Resale
Change since last sale+22.6%Building trend alone: AED 797,651
Rent (median asking, 1 bed)AED 55,000Gross yield 7.0%
Bedrooms1 bed
Size922 sq ft
Floor2 (from the unit number)
Position in the towerStack 02: units ending 02 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 202

DatePriceSizeAED/sq ftType
25 Dec 2023AED 645,200922 sq ft700Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30222 Dec 2025AED 670,000922 sq ft727Resale
50224 Feb 2025AED 1,700,0001,847 sq ft920Resale
50216 May 2024AED 1,070,2801,847 sq ft579Resale
4024 Mar 2024AED 663,638922 sq ft720Resale
10223 Jan 2024AED 645,200921 sq ft701Resale
30227 Dec 2023AED 660,000922 sq ft716Resale

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 (922 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 797,651. 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 202 at May Residence 1 worth?

About AED 791,000 (range AED 695,000 to AED 806,000), based on AED 858 per sq ft from registered sales up to 10 Jul 2026.

When did unit 202 last sell?

25 Dec 2023, for AED 645,200 (resale). It has 1 registered sale.

What rent can unit 202 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 7.0% on the estimate.

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

Unit 201 · Unit 203