Unit 212, May Residence 5: what it sold for and what it is worth now

Unit 212 at May Residence 5 is a studio of 397 sq ft. It last sold for AED 285,000 on 24 Mar 2021. At AED 835 per sq ft, from 8 sales in the building in the last 12 months, it is worth about AED 332,000 today.

Value todayAED 332,000AED 319,000 to AED 336,000
Last saleAED 285,00024 Mar 2021 · Resale
Change since last sale+16.5% 
Rent (median asking, studio)AED 40,000Gross yield 12.0%
Bedroomsstudio
Size397 sq ft
Floor2 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingMay Residence 5 by May Real Estate Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 212

DatePriceSizeAED/sq ftType
24 Mar 2021AED 285,000397 sq ft718Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41215 Feb 2024AED 415,000397 sq ft1,045Resale
11211 Dec 2023AED 380,000397 sq ft957Resale
31218 Jul 2023AED 370,000397 sq ft932Resale
11216 Mar 2021AED 285,000397 sq ft718Resale

Latest studio sales in May Residence 5

UnitDatePriceSizeAED/sq ftType
50430 Jul 2025AED 480,000513 sq ft936Resale
31027 Mar 2025AED 440,000495 sq ft889Resale
11011 Mar 2024AED 460,000495 sq ft929Resale
41215 Feb 2024AED 415,000397 sq ft1,045Resale
11211 Dec 2023AED 380,000397 sq ft957Resale
31218 Jul 2023AED 370,000397 sq ft932Resale
50424 Mar 2021AED 285,000513 sq ft556Resale
11216 Mar 2021AED 285,000397 sq ft718Resale

How we worked out the value

We took the 8 sales in May Residence 5 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 835). We multiplied it by the size of this unit (397 sq ft). The range uses the middle half of those sales (AED 803 to AED 846 per sq ft). 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 212 at May Residence 5 worth?

About AED 332,000 (range AED 319,000 to AED 336,000), based on AED 835 per sq ft from registered sales up to 13 Aug 2026.

When did unit 212 last sell?

24 Mar 2021, for AED 285,000 (resale). It has 1 registered sale.

What rent can unit 212 make?

A studio in May Residence 5 rents for about AED 40,000 a year (median asking rent). That is a gross yield of 12.0% on the estimate.

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

Unit 211 · Unit 213