Unit 504, May Residence 5: what it sold for and what it is worth now

Unit 504 at May Residence 5 is a studio of 513 sq ft. It last sold for AED 480,000 on 30 Jul 2025. At AED 835 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 428,000 today.

Value todayAED 428,000AED 428,000 to AED 454,000
Last saleAED 480,00030 Jul 2025 · Resale
Change since last sale-10.8%Building trend alone: AED 484,982
Rent (median asking, studio)AED 40,000Gross yield 9.3%
Bedroomsstudio
Size513 sq ft
Floor5 (from the unit number)
Position in the towerStack 04: units ending 04 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 504

DatePriceSizeAED/sq ftType
30 Jul 2025AED 480,000513 sq ft936Resale
24 Mar 2021AED 285,000513 sq ft556Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2043 Feb 2026AED 775,000928 sq ft835Resale
30415 Jan 2026AED 775,000928 sq ft835Resale
40423 Feb 2023AED 306,402928 sq ft330Resale

Latest studio sales in May Residence 5

UnitDatePriceSizeAED/sq ftType
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
21224 Mar 2021AED 285,000397 sq ft718Resale
11216 Mar 2021AED 285,000397 sq ft718Resale

How we worked out the value

We took the 3 resale sales of units ending 04 in the last 24 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 (513 sq ft). The range uses the middle half of those sales (AED 835 to AED 885 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 484,982. 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 504 at May Residence 5 worth?

About AED 428,000 (range AED 428,000 to AED 454,000), based on AED 835 per sq ft from registered sales up to 13 Aug 2026.

When did unit 504 last sell?

30 Jul 2025, for AED 480,000 (resale). It has 2 registered sales.

What rent can unit 504 make?

A studio in May Residence 5 rents for about AED 40,000 a year (median asking rent). That is a gross yield of 9.3% on the estimate.

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

Unit 503 · Unit 505