Unit 407 at May Residence 1 is a 1 bed of 770 sq ft. It last sold for AED 640,000 on 24 Sep 2024. At AED 741 per sq ft, from 4 sales of units ending 07 (same position in the tower), it is worth about AED 570,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 770 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 07: units ending 07 share the same layout and view |
| Building | May Residence 1 by May Real Estate Development, handed over 2019 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 24 Sep 2024 | AED 640,000 | 770 sq ft | 831 | Resale |
| 25 Jan 2024 | AED 500,604 | 770 sq ft | 650 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 107 | 22 Nov 2024 | AED 700,000 | 1,076 sq ft | 651 | Resale |
| 307 | 19 Nov 2024 | AED 650,000 | 770 sq ft | 844 | Resale |
| 507 | 1 Aug 2024 | AED 1,092,054 | 1,733 sq ft | 630 | Resale |
| 507 | 20 May 2024 | AED 1,092,054 | 1,733 sq ft | 630 | Resale |
| 307 | 23 Jan 2024 | AED 500,604 | 770 sq ft | 650 | Resale |
| 207 | 23 Jan 2024 | AED 500,604 | 770 sq ft | 650 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 305 | 10 Jul 2026 | AED 650,000 | 758 sq ft | 858 | Resale |
| 304 | 20 Feb 2026 | AED 700,000 | 928 sq ft | 754 | Resale |
| 306 | 12 Feb 2026 | AED 810,775 | 927 sq ft | 875 | Resale |
| 205 | 27 Jan 2026 | AED 665,000 | 758 sq ft | 877 | Resale |
| 302 | 22 Dec 2025 | AED 670,000 | 922 sq ft | 727 | Resale |
| 105 | 15 May 2025 | AED 600,000 | 1,066 sq ft | 563 | Resale |
| 505 | 7 May 2025 | AED 680,000 | 760 sq ft | 895 | Resale |
| 405 | 30 Apr 2025 | AED 675,000 | 758 sq ft | 891 | Resale |
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 (770 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 783,918. 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 570,000 (range AED 497,000 to AED 643,000), based on AED 741 per sq ft from registered sales up to 10 Jul 2026.
24 Sep 2024, for AED 640,000 (resale). It has 2 registered sales.
A 1 bed in May Residence 1 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 9.6% on the estimate.