Unit 203, May Residence 5: what it sold for and what it is worth now

Unit 203 at May Residence 5 is a 1 bed of 899 sq ft. It last sold for AED 710,000 on 9 Sep 2024. At AED 692 per sq ft, from 4 sales of units ending 03 (same position in the tower), it is worth about AED 623,000 today.

Value todayAED 623,000AED 573,000 to AED 646,000
Last saleAED 710,0009 Sep 2024 · Resale
Change since last sale-12.3%Building trend alone: AED 866,537
Rent (median asking, 1 bed)AED 68,500Gross yield 11.0%
Bedrooms1 bed
Size899 sq ft
Floor2 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingMay Residence 5 by May Real Estate Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 203

DatePriceSizeAED/sq ftType
9 Sep 2024AED 710,000899 sq ft790Resale
13 Nov 2023AED 513,165899 sq ft571Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50323 Jul 2025AED 620,000899 sq ft690Resale
40324 Feb 2025AED 625,000899 sq ft695Resale
10321 Jan 2025AED 586,5831,225 sq ft479Resale
30328 Mar 2024AED 610,000899 sq ft679Resale
40310 Nov 2023AED 513,165899 sq ft571Resale
50310 Nov 2023AED 512,555899 sq ft570Resale
30310 Nov 2023AED 513,165899 sq ft571Resale

Latest 1 bed sales in May Residence 5

UnitDatePriceSizeAED/sq ftType
10713 Aug 2026AED 750,0001,075 sq ft698Resale
2043 Feb 2026AED 775,000928 sq ft835Resale
30415 Jan 2026AED 775,000928 sq ft835Resale
5099 Jan 2026AED 780,000898 sq ft869Resale
30215 Dec 2025AED 777,000921 sq ft844Resale
11312 Sep 2025AED 680,000898 sq ft757Resale
4081 Sep 2025AED 710,000868 sq ft818Resale
20814 Aug 2025AED 740,000868 sq ft853Resale

How we worked out the value

We took the 4 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 692). We multiplied it by the size of this unit (899 sq ft). The range uses the middle half of those sales (AED 637 to AED 719 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 866,537. Floor, view, condition and upgrades can move the price either way. Sales data to 13 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 203 at May Residence 5 worth?

About AED 623,000 (range AED 573,000 to AED 646,000), based on AED 692 per sq ft from registered sales up to 13 Aug 2026.

When did unit 203 last sell?

9 Sep 2024, for AED 710,000 (resale). It has 2 registered sales.

What rent can unit 203 make?

A 1 bed in May Residence 5 rents for about AED 68,500 a year (median asking rent). That is a gross yield of 11.0% on the estimate.

Sales alert for May Residence 5All sales in May Residence 5

Unit 202 · Unit 204