Unit 506 at May Residence 1 is a 1 bed of 763 sq ft. It last sold for AED 530,000 on 29 Mar 2024. At AED 858 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 654,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 763 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 06: units ending 06 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 |
|---|---|---|---|---|
| 29 Mar 2024 | AED 530,000 | 763 sq ft | 695 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 306 | 12 Feb 2026 | AED 810,775 | 927 sq ft | 875 | Resale |
| 206 | 2 Jul 2024 | AED 750,000 | 927 sq ft | 809 | Resale |
| 406 | 1 Apr 2024 | AED 600,000 | 927 sq ft | 647 | Resale |
| 106 | 28 Mar 2024 | AED 850,000 | 927 sq ft | 917 | Resale |
| 306 | 19 Feb 2024 | AED 600,000 | 927 sq ft | 647 | 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 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 (763 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 647,321. 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 654,000 (range AED 576,000 to AED 667,000), based on AED 858 per sq ft from registered sales up to 10 Jul 2026.
29 Mar 2024, for AED 530,000 (resale). It has 1 registered sale.
A 1 bed in May Residence 1 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 8.4% on the estimate.