2-bed · 619 sqft4Direction Residence, Dubailand Residence Complex · 5th floor · completed 2017

512, 4Direction Residence

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 1 October 2024
Current rentAED 63K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, 4Direction Residence

What is 512 worth today?

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1 Oct 2024RentedRenewal
AED 62,915/yr8 months · AED 51 per sqft
1 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
30 Sep 2022RentedNew contract
AED 51,000/yr12 months · AED 41 per sqft
5 Nov 2021RentedNew contract
AED 42,000/yr12 months · AED 34 per sqft
23 Mar 2020RentedRenewal
AED 54,000/yr12 months · AED 44 per sqft
23 Mar 2019RentedNew contract
AED 56,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
619 sqft
Floor
5th of 9
Parking
B2-56
Developer
4Direction Developments
Completed
2017
Service charge
AED 9,500 /yr
Last sold
No registered sale

About 512, 4Direction Residence

512 is a two-bedroom apartment of 619 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 2019 on 6 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 62,915 a year, before the service charge of about AED 9,500 a year.

Sales and rents for 512 over time

Rents
Unit 512, each contractTypical two-bed in 4Direction Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 72,000; 2019 AED 56,000; 2020 AED 52,000; 2021 AED 48,000; 2022 AED 49,000; 2023 AED 54,600; 2024 AED 78,000; 2025 AED 85,000; 2026 AED 85,000New contract, March 2019: AED 56,000 a yearRenewal, March 2020: AED 54,000 a yearNew contract, November 2021: AED 42,000 a yearNew contract, September 2022: AED 51,000 a yearNew contract, October 2023: AED 60,000 a yearRenewal, October 2024: AED 62,915 a year

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

2-beds in 4Direction Residence, and where 512 sits

All 39 2-beds →

512's AED 62,915 is in the lower half of that range.

0 2-bed 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
504StudioNo registered sale
5052-bedNo registered sale
5061-bedNo registered sale
5071-bedNo registered sale
1–7 of 13

512, 4Direction Residence in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 42,000 in 2021 and recovered to AED 62,915 by October 2024.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 512, 4Direction Residence

What is the rent for unit 512?

AED 62,915 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 60,000; the unit has been rented since March 2019.

How big is unit 512?

619 sqft (57.5 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit 512 worth today?

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

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