Unit 409, May Residence 4: what it sold for and what it is worth now

Unit 409 at May Residence 4 is a studio of 471 sq ft. It last sold for AED 410,000 on 6 Jul 2023. At AED 769 per sq ft, from 23 sales in the building in the last 24 months, it is worth about AED 362,000 today.

Value todayAED 362,000AED 340,000 to AED 400,000
Last saleAED 410,0006 Jul 2023 · Resale
Change since last sale-11.7%Building trend alone: AED 461,788
Rent (median asking, studio)AED 39,000Gross yield 10.8%
Bedroomsstudio
Size471 sq ft
Floor4 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingMay Residence 4 by May Real Estate Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 409

DatePriceSizeAED/sq ftType
6 Jul 2023AED 410,000471 sq ft870Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1093 Jun 2024AED 460,000654 sq ft703Resale
30925 Apr 2023AED 380,000471 sq ft807Resale
10917 Mar 2022AED 250,000654 sq ft382Resale

Latest studio sales in May Residence 4

UnitDatePriceSizeAED/sq ftType
10524 Jan 2025AED 445,000596 sq ft747Resale
2109 Dec 2024AED 475,000464 sq ft1,024Resale
1093 Jun 2024AED 460,000654 sq ft703Resale
50430 Aug 2023AED 375,000426 sq ft880Resale
5052 Aug 2023AED 375,000415 sq ft904Resale
10411 Jul 2023AED 400,000585 sq ft684Resale
30925 Apr 2023AED 380,000471 sq ft807Resale
10917 Mar 2022AED 250,000654 sq ft382Resale

How we worked out the value

We took the 23 sales in May Residence 4 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 769). We multiplied it by the size of this unit (471 sq ft). The range uses the middle half of those sales (AED 722 to AED 848 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 461,788. Floor, view, condition and upgrades can move the price either way. Sales data to 1 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 409 at May Residence 4 worth?

About AED 362,000 (range AED 340,000 to AED 400,000), based on AED 769 per sq ft from registered sales up to 1 Oct 2026.

When did unit 409 last sell?

6 Jul 2023, for AED 410,000 (resale). It has 1 registered sale.

What rent can unit 409 make?

A studio in May Residence 4 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 10.8% on the estimate.

Sales alert for May Residence 4All sales in May Residence 4

Unit 408 · Unit 411