Studio · 599 sqft4Direction Residence, Dubailand Residence Complex · 5th floor · completed 2017

504, 4Direction Residence

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 18 October 2024
Current rentAED 46K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, 4Direction Residence

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18 Oct 2024RentedNew contract
AED 46,000/yr12 months · AED 77 per sqft
5 Sep 2023RentedRenewal
AED 33,000/yr12 months · AED 55 per sqft
5 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 50 per sqft
15 Aug 2021RentedNew contract
AED 22,000/yr12 months · AED 36 per sqft
1 Aug 2020RentedNew contract
AED 27,000/yr12 months · AED 45 per sqft
1 Jul 2019RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft
11 Jan 2018RentedNew contract
AED 46,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
Studio apartment
Size
599 sqft
Floor
5th of 9
Parking
B1-45
Developer
4Direction Developments
Completed
2017
Service charge
AED 9,200 /yr
Last sold
No registered sale

About 504, 4Direction Residence

504 is a studio of 599 sqft on the 5th floor of 4Direction Residence, a 9-storey tower in Dubailand Residence Complex completed in 2017 by 4Direction Developments. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 18 October 2024, is AED 46,000 a year, before the service charge of about AED 9,200 a year.

Sales and rents for 504 over time

Rents
Unit 504, each contractTypical studio in 4Direction Residence
20K40K2017202020232026Typical rent by year: 2017 AED 46,000; 2018 AED 45,000; 2019 AED 28,750; 2020 AED 27,250; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 32,725; 2024 AED 45,000; 2025 AED 49,000; 2026 AED 49,000New contract, January 2018: AED 46,000 a yearNew contract, July 2019: AED 28,000 a yearNew contract, August 2020: AED 27,000 a yearNew contract, August 2021: AED 22,000 a yearNew contract, September 2022: AED 30,000 a yearRenewal, September 2023: AED 33,000 a yearNew contract, October 2024: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in 4Direction Residence, and where 504 sits

All 20 studios →

504's AED 46,000 is in the lower half of that range.

0 studio sales in the last 12 months

4Direction Residence

Building

126 apartments, studios to 2-bed over 9 floors in Dubailand Residence Complex, completed in 2017 by 4Direction Developments. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 60K /yr
Typical yield
4Direction Residence, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 126 units in 4Direction Residence
Value
5011-bedNo registered sale
5021-bedNo registered sale
5032-bedNo registered sale
5052-bedNo registered sale
5061-bedNo registered sale
5071-bedNo registered sale
5081-bedNo registered sale
1–7 of 13

504, 4Direction Residence in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 22,000 in 2021 and recovered to AED 46,000 by October 2024.

Source: Dubai Land Department. Updated 18 October 2024.

Questions about 504, 4Direction Residence

What is the rent for unit 504?

AED 46,000 a year on the contract signed on 18 October 2024. The previous contract, from September 2023, was AED 33,000; the unit has been rented since January 2018.

How big is unit 504?

599 sqft (55.6 sqm): a studio on the 5th floor of a 9-storey tower completed in 2017.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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