Unit 505 at May Residence 5 is a 1 bed of 759 sq ft. It last sold for AED 600,000 on 29 Feb 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 634,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 759 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 share the same layout and view |
| Building | May Residence 5 by May Real Estate Development, handed over 2019 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 29 Feb 2024 | AED 600,000 | 759 sq ft | 791 | Resale |
| 6 Dec 2023 | AED 420,070 | 759 sq ft | 553 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 105 | 17 Jul 2024 | AED 715,000 | 1,065 sq ft | 671 | Resale |
| 405 | 1 Sep 2023 | AED 547,696 | 758 sq ft | 723 | Resale |
| 205 | 1 Sep 2023 | AED 547,696 | 758 sq ft | 723 | Resale |
| 305 | 1 Sep 2023 | AED 547,696 | 758 sq ft | 723 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 107 | 13 Aug 2026 | AED 750,000 | 1,075 sq ft | 698 | Resale |
| 204 | 3 Feb 2026 | AED 775,000 | 928 sq ft | 835 | Resale |
| 304 | 15 Jan 2026 | AED 775,000 | 928 sq ft | 835 | Resale |
| 509 | 9 Jan 2026 | AED 780,000 | 898 sq ft | 869 | Resale |
| 302 | 15 Dec 2025 | AED 777,000 | 921 sq ft | 844 | Resale |
| 113 | 12 Sep 2025 | AED 680,000 | 898 sq ft | 757 | Resale |
| 408 | 1 Sep 2025 | AED 710,000 | 868 sq ft | 818 | Resale |
| 208 | 14 Aug 2025 | AED 740,000 | 868 sq ft | 853 | Resale |
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 (759 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 715,864. Floor, view, condition and upgrades can move the price either way. Sales data to 13 Aug 2026, from the Dubai Land Department register.
About AED 634,000 (range AED 609,000 to AED 642,000), based on AED 835 per sq ft from registered sales up to 13 Aug 2026.
29 Feb 2024, for AED 600,000 (resale). It has 2 registered sales.
A 1 bed in May Residence 5 rents for about AED 68,500 a year (median asking rent). That is a gross yield of 10.8% on the estimate.