Unit 406, May Residence 2: what it sold for and what it is worth now

Unit 406 at May Residence 2 is a studio of 422 sq ft. It last sold for AED 430,000 on 30 Sep 2024. At AED 1,019 per sq ft, from 3 sales of units ending 06 (same position in the tower), it is worth about AED 430,000 today.

Value todayAED 430,000AED 425,000 to AED 432,000
Last saleAED 430,00030 Sep 2024 · Resale
Change since last sale+0.0%Building trend alone: AED 532,144
Rent (median asking, studio)AED 42,495Gross yield 9.9%
Bedroomsstudio
Size422 sq ft
Floor4 (from the unit number)
Position in the towerStack 06: units ending 06 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 406

DatePriceSizeAED/sq ftType
30 Sep 2024AED 430,000422 sq ft1,019Resale
12 Jun 2023AED 343,750422 sq ft815Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20614 Jul 2026AED 435,000422 sq ft1,031Resale
50611 Sep 2025AED 420,000422 sq ft995Resale
30616 Jul 2024AED 400,000422 sq ft948Resale
20624 Jun 2024AED 370,000422 sq ft877Resale
5068 Mar 2024AED 375,000422 sq ft889Resale
10630 Oct 2023AED 503,000601 sq ft837Resale
20612 Jun 2023AED 343,750422 sq ft815Resale
50612 Jun 2023AED 343,750422 sq ft815Resale

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 3 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,019). We multiplied it by the size of this unit (422 sq ft). The range uses the middle half of those sales (AED 1,007 to AED 1,025 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 532,144. 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 406 at May Residence 2 worth?

About AED 430,000 (range AED 425,000 to AED 432,000), based on AED 1,019 per sq ft from registered sales up to 24 Aug 2026.

When did unit 406 last sell?

30 Sep 2024, for AED 430,000 (resale). It has 2 registered sales.

What rent can unit 406 make?

A studio in May Residence 2 rents for about AED 42,495 a year (median asking rent). That is a gross yield of 9.9% on the estimate.

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

Unit 405 · Unit 407