If you only need to access one element (being the first by chance, since dicts do not guarantee ordering) you can simply do this in Python 2:
my_dict.keys()[0] -> key of "first" element
my_dict.values()[0] -> value of "first" element
my_dict.items()[0] -> (key, value) tuple of "first" element
Please note that (at best of my knowledge) Python does not guarantee that 2 successive calls to any of these methods will return list with the same ordering. This is not supported with Python3.
in Python 3:
list(my_dict.keys())[0] -> key of "first" element
list(my_dict.values())[0] -> value of "first" element
list(my_dict.items())[0] -> (key, value) tuple of "first" element