Unit 309 at May Residence 1 is a studio of 524 sq ft. It last sold for AED 400,000 on 25 Jan 2024. At AED 970 per sq ft, from 4 sales in the building in the last 24 months (studio), it is worth about AED 508,000 today.
| Bedrooms | studio |
|---|---|
| Size | 524 sq ft |
| Floor | 3 (from the unit number) |
| Position in the tower | Stack 09: units ending 09 share the same layout and view |
| Building | May Residence 1 by May Real Estate Development, handed over 2019 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 25 Jan 2024 | AED 400,000 | 524 sq ft | 763 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 409 | 2 Apr 2025 | AED 440,000 | 524 sq ft | 840 | Resale |
| 509 | 22 Oct 2024 | AED 844,741 | 1,341 sq ft | 630 | Resale |
| 109 | 29 Apr 2024 | AED 750,000 | 764 sq ft | 982 | Resale |
| 409 | 1 Apr 2024 | AED 300,000 | 524 sq ft | 573 | Resale |
| 209 | 1 Apr 2024 | AED 400,000 | 524 sq ft | 763 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 504 | 21 Jan 2026 | AED 485,000 | 513 sq ft | 945 | Resale |
| 409 | 2 Apr 2025 | AED 440,000 | 524 sq ft | 840 | Resale |
| 412 | 13 Dec 2024 | AED 395,000 | 397 sq ft | 995 | Resale |
| 112 | 10 Dec 2024 | AED 440,000 | 397 sq ft | 1,108 | Resale |
| 109 | 29 Apr 2024 | AED 750,000 | 764 sq ft | 982 | Resale |
| 410 | 1 Apr 2024 | AED 300,000 | 495 sq ft | 606 | Resale |
| 508 | 1 Apr 2024 | AED 350,000 | 523 sq ft | 669 | Resale |
| 504 | 1 Apr 2024 | AED 350,000 | 513 sq ft | 682 | Resale |
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 (524 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 489,949. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Jul 2026, from the Dubai Land Department register.
About AED 508,000 (range AED 482,000 to AED 536,000), based on AED 970 per sq ft from registered sales up to 10 Jul 2026.
25 Jan 2024, for AED 400,000 (resale). It has 1 registered sale.
A studio in May Residence 1 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.