Unit 507, May Residence 5: what it sold for and what it is worth now

Unit 507 at May Residence 5 is a 2 bed of 1,737 sq ft. It last sold for AED 1,300,000 on 8 May 2025. At AED 744 per sq ft, from 3 sales of units ending 07 (same position in the tower), it is worth about AED 1,293,000 today.

Value todayAED 1,293,000AED 1,252,000 to AED 1,296,000
Last saleAED 1,300,0008 May 2025 · Resale
Change since last sale-0.5%Building trend alone: AED 1,442,121
Rent (median asking, 2 bed)AED 90,000Gross yield 7.0%
Bedrooms2 bed
Size1,737 sq ft
Floor5 (from the unit number)
Position in the towerStack 07: units ending 07 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 507

DatePriceSizeAED/sq ftType
8 May 2025AED 1,300,0001,737 sq ft748Resale
10 Sep 2023AED 1,215,5781,737 sq ft700Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10713 Aug 2026AED 750,0001,075 sq ft698Resale
1074 Dec 2024AED 800,0001,075 sq ft744Resale
1075 Apr 2024AED 526,8451,075 sq ft490Resale
3079 Feb 2024AED 555,000768 sq ft723Resale
4078 Feb 2024AED 565,000768 sq ft736Resale
20720 Nov 2023AED 490,000768 sq ft638Resale

How we worked out the value

We took the 3 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 744). We multiplied it by the size of this unit (1,737 sq ft). The range uses the middle half of those sales (AED 721 to AED 746 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,442,121. 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 507 at May Residence 5 worth?

About AED 1,293,000 (range AED 1,252,000 to AED 1,296,000), based on AED 744 per sq ft from registered sales up to 13 Aug 2026.

When did unit 507 last sell?

8 May 2025, for AED 1,300,000 (resale). It has 2 registered sales.

What rent can unit 507 make?

A 2 bed in May Residence 5 rents for about AED 90,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

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

Unit 506 · Unit 509