Unit 402, May Residence 2: what it sold for and what it is worth now

Unit 402 at May Residence 2 is a 1 bed of 857 sq ft. It last sold for AED 630,000 on 20 Mar 2025. At AED 741 per sq ft, from 5 sales of units ending 02 (same position in the tower), it is worth about AED 635,000 today.

Value todayAED 635,000AED 630,000 to AED 650,000
Last saleAED 630,00020 Mar 2025 · Resale
Change since last sale+0.8%Building trend alone: AED 864,172
Rent (median asking, 1 bed)AED 58,000Gross yield 9.1%
Bedrooms1 bed
Size857 sq ft
Floor4 (from the unit number)
Position in the towerStack 02: units ending 02 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 402

DatePriceSizeAED/sq ftType
20 Mar 2025AED 630,000857 sq ft735Resale
17 Apr 2023AED 548,500857 sq ft640Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10224 Aug 2026AED 950,0001,218 sq ft780Resale
20222 Jun 2025AED 650,000857 sq ft758Resale
50210 Apr 2025AED 635,000857 sq ft741Resale
10221 Jan 2025AED 583,6621,218 sq ft479Resale
30225 Apr 2024AED 650,000857 sq ft758Resale
20227 Nov 2023AED 531,222857 sq ft620Resale
50231 Oct 2023AED 531,222857 sq ft620Resale
30229 Mar 2023AED 549,000857 sq ft641Resale

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 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 741). We multiplied it by the size of this unit (857 sq ft). The range uses the middle half of those sales (AED 735 to AED 758 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 864,172. 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 402 at May Residence 2 worth?

About AED 635,000 (range AED 630,000 to AED 650,000), based on AED 741 per sq ft from registered sales up to 24 Aug 2026.

When did unit 402 last sell?

20 Mar 2025, for AED 630,000 (resale). It has 2 registered sales.

What rent can unit 402 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 9.1% on the estimate.

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

Unit 401 · Unit 403