Unit 508, May Residence 2: what it sold for and what it is worth now

Unit 508 at May Residence 2 is a 1 bed of 819 sq ft. It last sold for AED 600,000 on 24 Oct 2025. At AED 751 per sq ft, from 5 sales of units ending 08 (same position in the tower), it is worth about AED 615,000 today.

Value todayAED 615,000AED 600,000 to AED 625,000
Last saleAED 600,00024 Oct 2025 · Resale
Change since last sale+2.5%Building trend alone: AED 766,563
Rent (median asking, 1 bed)AED 58,000Gross yield 9.4%
Bedrooms1 bed
Size819 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 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 508

DatePriceSizeAED/sq ftType
24 Oct 2025AED 600,000819 sq ft733Resale
21 Dec 2023AED 555,315819 sq ft678Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20829 Apr 2025AED 615,000819 sq ft751Resale
40828 Feb 2025AED 630,000819 sq ft769Resale
10817 Oct 2024AED 800,0001,171 sq ft683Resale
30829 Aug 2024AED 625,000819 sq ft763Resale
4086 Nov 2023AED 509,733819 sq ft622Resale
20830 Oct 2023AED 560,000819 sq ft684Resale
30817 Apr 2023AED 526,500819 sq ft643Resale

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
3136 Aug 2025AED 600,000882 sq ft680Resale
20222 Jun 2025AED 650,000857 sq ft758Resale
40126 May 2025AED 645,000845 sq ft763Resale
31320 May 2025AED 580,000882 sq ft658Resale

How we worked out the value

We took the 5 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 751). We multiplied it by the size of this unit (819 sq ft). The range uses the middle half of those sales (AED 733 to AED 763 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 766,563. 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 508 at May Residence 2 worth?

About AED 615,000 (range AED 600,000 to AED 625,000), based on AED 751 per sq ft from registered sales up to 24 Aug 2026.

When did unit 508 last sell?

24 Oct 2025, for AED 600,000 (resale). It has 2 registered sales.

What rent can unit 508 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 9.4% on the estimate.

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

Unit 507 · Unit 509