Unit 301, May Residence 5: what it sold for and what it is worth now

Unit 301 at May Residence 5 is a 1 bed of 903 sq ft. It last sold for AED 623,070 on 14 Mar 2024. At AED 835 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 754,000 today.

Value todayAED 754,000AED 725,000 to AED 764,000
Last saleAED 623,07014 Mar 2024 · Resale
Change since last sale+21.0%Building trend alone: AED 748,113
Rent (median asking, 1 bed)AED 68,500Gross yield 9.1%
Bedrooms1 bed
Size903 sq ft
Floor3 (from the unit number)
Position in the towerStack 01: units ending 01 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 301

DatePriceSizeAED/sq ftType
14 Mar 2024AED 623,070903 sq ft690Resale
13 Nov 2023AED 513,165903 sq ft568Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20128 Mar 2024AED 610,000903 sq ft676Resale
5015 Mar 2024AED 623,353903 sq ft690Resale
40127 Nov 2023AED 605,700903 sq ft671Resale
20113 Nov 2023AED 515,314903 sq ft571Resale
50110 Nov 2023AED 515,252903 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 8 sales in May Residence 5 in the last 12 months (1 bed), 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 (903 sq ft). The range uses the middle half of those sales (AED 803 to AED 846 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 748,113. 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 301 at May Residence 5 worth?

About AED 754,000 (range AED 725,000 to AED 764,000), based on AED 835 per sq ft from registered sales up to 13 Aug 2026.

When did unit 301 last sell?

14 Mar 2024, for AED 623,070 (resale). It has 2 registered sales.

What rent can unit 301 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 9.1% on the estimate.

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

Unit 213 · Unit 302