Unit 309, May Residence 2: what it sold for and what it is worth now

Unit 309 at May Residence 2 is a studio of 471 sq ft. It last sold for AED 450,000 on 23 May 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 509,000 today.

Value todayAED 509,000AED 482,000 to AED 533,000
Last saleAED 450,00023 May 2024 · Resale
Change since last sale+13.1%Building trend alone: AED 550,903
Rent (median asking, studio)AED 42,495Gross yield 8.3%
Bedroomsstudio
Size471 sq ft
Floor3 (from the unit number)
Position in the towerStack 09: units ending 09 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 309

DatePriceSizeAED/sq ftType
23 May 2024AED 450,000471 sq ft955Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20931 Jul 2024AED 450,000471 sq ft955Resale
4093 Jun 2024AED 450,000471 sq ft955Resale
1092 Feb 2024AED 460,000629 sq ft731Resale
50923 Jan 2024AED 400,000470 sq ft851Resale

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 (471 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 550,903. 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 309 at May Residence 2 worth?

About AED 509,000 (range AED 482,000 to AED 533,000), based on AED 1,082 per sq ft from registered sales up to 24 Aug 2026.

When did unit 309 last sell?

23 May 2024, for AED 450,000 (resale). It has 1 registered sale.

What rent can unit 309 make?

A studio in May Residence 2 rents for about AED 42,495 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

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

Unit 308 · Unit 310