Unit 303, May Residence 1: what it sold for and what it is worth now

Unit 303 at May Residence 1 is a 1 bed of 899 sq ft. It last sold for AED 650,000 on 26 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 771,000 today.

Value todayAED 771,000AED 678,000 to AED 786,000
Last saleAED 650,00026 Dec 2023 · Resale
Change since last sale+18.6%Building trend alone: AED 803,586
Rent (median asking, 1 bed)AED 55,000Gross yield 7.1%
Bedrooms1 bed
Size899 sq ft
Floor3 (from the unit number)
Position in the towerStack 03: units ending 03 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 303

DatePriceSizeAED/sq ftType
26 Dec 2023AED 650,000899 sq ft723Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1034 Mar 2025AED 571,2001,225 sq ft466Resale
20310 Sep 2024AED 730,000899 sq ft812Resale
5031 Mar 2024AED 674,340899 sq ft750Resale
40325 Jan 2024AED 584,493899 sq ft650Resale
20323 Jan 2024AED 660,000899 sq ft734Resale

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 (899 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 803,586. 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 303 at May Residence 1 worth?

About AED 771,000 (range AED 678,000 to AED 786,000), based on AED 858 per sq ft from registered sales up to 10 Jul 2026.

When did unit 303 last sell?

26 Dec 2023, for AED 650,000 (resale). It has 1 registered sale.

What rent can unit 303 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 7.1% on the estimate.

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

Unit 302 · Unit 304