Skip to content

May Residence Tower 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by May Development
68
Total Units
65
Sold
⃃ 645,200
Median Price
⃃ 730
Median Price /sqft
Construction progress: 100% (As of Dec-2019)
Start: Nov, 2015Completion: Dec, 2019

May Residence Tower 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio14400 sqft - 760 sqft⃃ 0.5M (950 /sqft)⃃ 1,720 /sqft
-45.03
1 Bed46760 sqft - 1,340 sqft⃃ 0.7M (860 /sqft)⃃ 1,410 /sqft
-39.34
2 Beds21,730 sqft - 1,850 sqft⃃ 1,310 /sqft

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (14 days) and is excluded from the chart

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial, ****—770 sqft
Commercial, ****—494 sqft
Commercial, ****—546 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment927 sqft6.05 sqft⃃ 850,000⃃ 917 /sqft28, Mar 2024
1Apartment1,274 sqft38.81 sqft⃃ 850,000⃃ 667 /sqft25, Dec 2023
1Apartment1,076 sqft33.08 sqft⃃ 700,000⃃ 651 /sqft22, Nov 2024
1Apartment868 sqft6.05 sqft⃃ 675,000⃃ 778 /sqft30, Apr 2024
1Apartment1,242 sqft44.36 sqft⃃ 660,000⃃ 531 /sqft04, Mar 2025
1Apartment898 sqft4.65 sqft⃃ 655,802⃃ 730 /sqft15, Feb 2024
1Apartment921 sqft6.25 sqft⃃ 645,200⃃ 701 /sqft23, Jan 2024
1Apartment928 sqft6.25 sqft⃃ 631,380⃃ 680 /sqft13, Feb 2024
1Apartment1,066 sqft32.39 sqft⃃ 600,000⃃ 563 /sqft15, May 2025
1Apartment1,225 sqft45 sqft⃃ 571,200⃃ 466 /sqft04, Mar 2025
StudioApartment764 sqft25.9 sqft⃃ 750,000⃃ 982 /sqft29, Apr 2024
StudioApartment397 sqft5.49 sqft⃃ 440,000⃃ 1,108 /sqft10, Dec 2024
StudioApartment495 sqft6.27 sqft⃃ 350,000⃃ 707 /sqft28, Mar 2024
1Apartment928 sqft6.25 sqft⃃ 750,000⃃ 808 /sqft04, Mar 2024
1Apartment927 sqft6.05 sqft⃃ 750,000⃃ 809 /sqft02, Jul 2024

May Residence Tower 1 Real Estate Data – FAQ

  • What is the current property supply in May Residence Tower 1?

    May Residence Tower 1 has approximately 31 completed residential units.

  • How active is the real estate market in May Residence Tower 1?

    May Residence Tower 1 recorded 7 property transactions over the last 12 months.

  • What is the average price /sqft in May Residence Tower 1?

    The median recorded sale price in May Residence Tower 1 is ⃃ 870 /sqft.

  • What rental yield can investors expect in May Residence Tower 1?

    The gross rental yield in May Residence Tower 1 is 9%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in May Residence Tower 1?

    The year-over-year median price per square foot change in May Residence Tower 1 is 3.6%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in May Residence Tower 1?

    May Residence Tower 1 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in May Residence Tower 1?

    The recorded off-plan pipeline in May Residence Tower 1 contains 0 units.

  • Is May Residence Tower 1 a good area for property investment?

    Assess May Residence Tower 1 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in May Residence Tower 1 is 9%, calculated from median rental income and comparable median sale prices.