Unit 504, May Residence 4: what it sold for and what it is worth now

Unit 504 at May Residence 4 is a studio of 426 sq ft. It last sold for AED 375,000 on 30 Aug 2023. At AED 769 per sq ft, from 23 sales in the building in the last 24 months, it is worth about AED 328,000 today.

Value todayAED 328,000AED 308,000 to AED 361,000
Last saleAED 375,00030 Aug 2023 · Resale
Change since last sale-12.5%Building trend alone: AED 421,752
Rent (median asking, studio)AED 39,000Gross yield 11.9%
Bedroomsstudio
Size426 sq ft
Floor5 (from the unit number)
Position in the towerStack 04: units ending 04 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 504

DatePriceSizeAED/sq ftType
30 Aug 2023AED 375,000426 sq ft880Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10411 Jul 2023AED 400,000585 sq ft684Resale
20415 Aug 2021AED 275,000422 sq ft652Resale

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
5052 Aug 2023AED 375,000415 sq ft904Resale
10411 Jul 2023AED 400,000585 sq ft684Resale
4096 Jul 2023AED 410,000471 sq ft870Resale
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 (426 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 421,752. 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 504 at May Residence 4 worth?

About AED 328,000 (range AED 308,000 to AED 361,000), based on AED 769 per sq ft from registered sales up to 1 Oct 2026.

When did unit 504 last sell?

30 Aug 2023, for AED 375,000 (resale). It has 1 registered sale.

What rent can unit 504 make?

A studio in May Residence 4 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 11.9% on the estimate.

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

Unit 502 · Unit 505