Unit 314, May Residence 2: what it sold for and what it is worth now

Unit 314 at May Residence 2 is a 1 bed of 881 sq ft. It last sold for AED 655,000 on 22 Apr 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 687,000 today.

Value todayAED 687,000AED 645,000 to AED 749,000
Last saleAED 655,00022 Apr 2024 · Resale
Change since last sale+4.9%Building trend alone: AED 863,575
Rent (median asking, 1 bed)AED 58,000Gross yield 8.4%
Bedrooms1 bed
Size881 sq ft
Floor3 (from the unit number)
Position in the towerStack 14: units ending 14 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 314

DatePriceSizeAED/sq ftType
22 Apr 2024AED 655,000881 sq ft743Resale
13 Mar 2023AED 564,000881 sq ft640Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11418 Feb 2026AED 902,0891,354 sq ft666Resale
11422 Jan 2025AED 648,4131,354 sq ft479Resale
51413 Feb 2024AED 595,143875 sq ft680Resale
2143 Nov 2023AED 605,000881 sq ft687Resale
41426 Sep 2023AED 630,000881 sq ft715Resale
41417 Apr 2023AED 564,000881 sq ft640Resale
21415 Feb 2023AED 564,000881 sq ft640Resale

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 (881 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 863,575. 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 314 at May Residence 2 worth?

About AED 687,000 (range AED 645,000 to AED 749,000), based on AED 780 per sq ft from registered sales up to 24 Aug 2026.

When did unit 314 last sell?

22 Apr 2024, for AED 655,000 (resale). It has 2 registered sales.

What rent can unit 314 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 8.4% on the estimate.

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

Unit 313 · Unit 401