Unit 308, May Residence 5: what it sold for and what it is worth now

Unit 308 at May Residence 5 is a 1 bed of 868 sq ft. It last sold for AED 610,000 on 6 Dec 2023. At AED 835 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 725,000 today.

Value todayAED 725,000AED 697,000 to AED 734,000
Last saleAED 610,0006 Dec 2023 · Resale
Change since last sale+18.9%Building trend alone: AED 727,641
Rent (median asking, 1 bed)AED 68,500Gross yield 9.4%
Bedrooms1 bed
Size868 sq ft
Floor3 (from the unit number)
Position in the towerStack 08: units ending 08 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 308

DatePriceSizeAED/sq ftType
6 Dec 2023AED 610,000868 sq ft703Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4081 Sep 2025AED 710,000868 sq ft818Resale
20814 Aug 2025AED 740,000868 sq ft853Resale
10816 Feb 2024AED 922,000868 sq ft1,062Resale
20813 Dec 2023AED 644,940868 sq ft743Resale
40817 Nov 2023AED 599,765868 sq ft691Resale
10812 Sep 2023AED 588,628868 sq ft678Resale

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 (868 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 727,641. 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 308 at May Residence 5 worth?

About AED 725,000 (range AED 697,000 to AED 734,000), based on AED 835 per sq ft from registered sales up to 13 Aug 2026.

When did unit 308 last sell?

6 Dec 2023, for AED 610,000 (resale). It has 1 registered sale.

What rent can unit 308 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 9.4% on the estimate.

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

Unit 307 · Unit 310