Unit 514, May Residence 4: what it sold for and what it is worth now

Unit 514 at May Residence 4 is a 1 bed of 875 sq ft. It last sold for AED 487,110 on 12 Sep 2023. At AED 770 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 674,000 today.

Value todayAED 674,000AED 621,000 to AED 735,000
Last saleAED 487,11012 Sep 2023 · Resale
Change since last sale+38.4%Building trend alone: AED 547,839
Rent (median asking, 1 bed)AED 59,999Gross yield 8.9%
Bedrooms1 bed
Size875 sq ft
Floor5 (from the unit number)
Position in the towerStack 14: units ending 14 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 514

DatePriceSizeAED/sq ftType
12 Sep 2023AED 487,110875 sq ft557Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4146 Feb 2026AED 740,000881 sq ft840Resale
11411 Nov 2024AED 830,1641,325 sq ft627Resale
1143 Jan 2024AED 920,0001,325 sq ft694Resale
3148 Nov 2023AED 750,000881 sq ft851Resale
21413 Sep 2023AED 866,000881 sq ft983Resale
41426 Jul 2023AED 600,000881 sq ft681Resale

Latest 1 bed sales in May Residence 4

UnitDatePriceSizeAED/sq ftType
4021 Oct 2026AED 660,000857 sq ft770Resale
31221 May 2026AED 499,950705 sq ft709Resale
41323 Feb 2026AED 795,000882 sq ft901Resale
4146 Feb 2026AED 740,000881 sq ft840Resale
10127 Oct 2025AED 750,0001,212 sq ft619Resale
30727 Aug 2025AED 675,000782 sq ft863Resale
20831 Jul 2025AED 630,000819 sq ft769Resale
40110 Jul 2025AED 670,000845 sq ft793Resale

How we worked out the value

We took the 5 sales in May Residence 4 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 770). We multiplied it by the size of this unit (875 sq ft). The range uses the middle half of those sales (AED 709 to AED 840 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 547,839. 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 514 at May Residence 4 worth?

About AED 674,000 (range AED 621,000 to AED 735,000), based on AED 770 per sq ft from registered sales up to 1 Oct 2026.

When did unit 514 last sell?

12 Sep 2023, for AED 487,110 (resale). It has 1 registered sale.

What rent can unit 514 make?

A 1 bed in May Residence 4 rents for about AED 59,999 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

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

Unit 513