Unit 107, May Residence 2: what it sold for and what it is worth now

Unit 107 at May Residence 2 is a 1 bed of 1,108 sq ft. It last sold for AED 753,200 on 31 Jul 2024. At AED 780 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 864,000 today.

Value todayAED 864,000AED 812,000 to AED 942,000
Last saleAED 753,20031 Jul 2024 · Resale
Change since last sale+14.7%Building trend alone: AED 885,519
Rent (median asking, 1 bed)AED 58,000Gross yield 6.7%
Bedrooms1 bed
Size1,108 sq ft
Floor1 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingMay Residence 2 by May Real Estate Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 107

DatePriceSizeAED/sq ftType
31 Jul 2024AED 753,2001,108 sq ft680Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50721 Feb 2025AED 700,000782 sq ft895Resale
50718 Dec 2023AED 548,000782 sq ft701Resale
40717 Oct 2023AED 571,000782 sq ft730Resale
2073 May 2023AED 570,000782 sq ft729Resale
3073 May 2023AED 551,000782 sq ft705Resale

Latest 1 bed sales in May Residence 2

UnitDatePriceSizeAED/sq ftType
10224 Aug 2026AED 950,0001,218 sq ft780Resale
41119 Feb 2026AED 750,000721 sq ft1,040Resale
11418 Feb 2026AED 902,0891,354 sq ft666Resale
21316 Jan 2026AED 750,000882 sq ft850Resale
50824 Oct 2025AED 600,000819 sq ft733Resale
3136 Aug 2025AED 600,000882 sq ft680Resale
20222 Jun 2025AED 650,000857 sq ft758Resale
40126 May 2025AED 645,000845 sq ft763Resale

How we worked out the value

We took the 5 sales in May Residence 2 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 780). We multiplied it by the size of this unit (1,108 sq ft). The range uses the middle half of those sales (AED 733 to AED 850 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 885,519. Floor, view, condition and upgrades can move the price either way. Sales data to 24 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 107 at May Residence 2 worth?

About AED 864,000 (range AED 812,000 to AED 942,000), based on AED 780 per sq ft from registered sales up to 24 Aug 2026.

When did unit 107 last sell?

31 Jul 2024, for AED 753,200 (resale). It has 1 registered sale.

What rent can unit 107 make?

A 1 bed in May Residence 2 rents for about AED 58,000 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

Sales alert for May Residence 2All sales in May Residence 2

Unit 106 · Unit 108