Unit 506, May Residence 5: what it sold for and what it is worth now

Unit 506 at May Residence 5 is a 1 bed of 767 sq ft. It last sold for AED 690,000 on 3 Jun 2025. At AED 835 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 641,000 today.

Value todayAED 641,000AED 616,000 to AED 649,000
Last saleAED 690,0003 Jun 2025 · Resale
Change since last sale-7.1%Building trend alone: AED 765,433
Rent (median asking, 1 bed)AED 68,500Gross yield 10.7%
Bedrooms1 bed
Size767 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 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 506

DatePriceSizeAED/sq ftType
3 Jun 2025AED 690,000767 sq ft900Resale
13 Jul 2023AED 510,000767 sq ft665Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10614 Oct 2024AED 820,000927 sq ft885Resale
40618 Oct 2023AED 735,000927 sq ft793Resale
3064 Sep 2023AED 760,000927 sq ft820Resale
1062 Mar 2023AED 605,500927 sq ft653Resale
20624 Feb 2023AED 612,803927 sq ft661Resale

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 (767 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 765,433. 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 506 at May Residence 5 worth?

About AED 641,000 (range AED 616,000 to AED 649,000), based on AED 835 per sq ft from registered sales up to 13 Aug 2026.

When did unit 506 last sell?

3 Jun 2025, for AED 690,000 (resale). It has 2 registered sales.

What rent can unit 506 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 10.7% on the estimate.

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

Unit 505 · Unit 507