Unit 305, May Residence 2: what it sold for and what it is worth now

Unit 305 at May Residence 2 is a studio of 415 sq ft. It last sold for AED 437,000 on 10 Jun 2024. At AED 1,082 per sq ft, from 8 sales in the building in the last 12 months (studio), it is worth about AED 449,000 today.

Value todayAED 449,000AED 425,000 to AED 470,000
Last saleAED 437,00010 Jun 2024 · Resale
Change since last sale+2.7%Building trend alone: AED 517,265
Rent (median asking, studio)AED 42,495Gross yield 9.5%
Bedroomsstudio
Size415 sq ft
Floor3 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingMay Residence 2 by May Real Estate Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 305

DatePriceSizeAED/sq ftType
10 Jun 2024AED 437,000415 sq ft1,053Resale
12 Jun 2023AED 343,750415 sq ft828Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5057 Aug 2024AED 370,000415 sq ft892Resale
40515 May 2024AED 399,000415 sq ft961Resale
10525 Aug 2023AED 499,000582 sq ft857Resale
50512 Jun 2023AED 343,750415 sq ft828Resale
20512 Jun 2023AED 343,750415 sq ft828Resale
40512 Jun 2023AED 343,750415 sq ft828Resale

Latest studio sales in May Residence 2

UnitDatePriceSizeAED/sq ftType
3047 Aug 2026AED 510,000422 sq ft1,209Resale
20327 Jul 2026AED 500,000421 sq ft1,188Resale
20614 Jul 2026AED 435,000422 sq ft1,031Resale
3103 Apr 2026AED 498,000464 sq ft1,073Resale
50328 Oct 2025AED 423,000421 sq ft1,005Resale
20422 Sep 2025AED 460,000422 sq ft1,090Resale
50611 Sep 2025AED 420,000422 sq ft995Resale
4042 Sep 2025AED 470,000422 sq ft1,114Resale

How we worked out the value

We took the 8 sales in May Residence 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,082). We multiplied it by the size of this unit (415 sq ft). The range uses the middle half of those sales (AED 1,024 to AED 1,132 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 517,265. 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 305 at May Residence 2 worth?

About AED 449,000 (range AED 425,000 to AED 470,000), based on AED 1,082 per sq ft from registered sales up to 24 Aug 2026.

When did unit 305 last sell?

10 Jun 2024, for AED 437,000 (resale). It has 2 registered sales.

What rent can unit 305 make?

A studio in May Residence 2 rents for about AED 42,495 a year (median asking rent). That is a gross yield of 9.5% on the estimate.

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

Unit 304 · Unit 306