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Studio · 599 sqft4Direction Residence, Dubailand Residence Complex · completed 2017

HC04, 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 HC04 · DLD and Ejari recordsUpdated 1 August 2022
Current rentAED 30K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for HC04, 4Direction Residence

What is HC04 worth today?

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1 Aug 2022RentedNew contract
AED 29,500/yr12 months · AED 49 per sqft
15 Jul 2021RentedRenewal
AED 26,000/yr12 months · AED 43 per sqft
15 Jul 2020RentedRenewal
AED 28,500/yr12 months · AED 47 per sqft
15 Jul 2019RentedNew contract
AED 28,500/yr12 months · AED 47 per sqft
20 Apr 2018RentedNew contract
AED 43,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
Studio apartment
Size
599 sqft
Parking
B1-23
Developer
4Direction Developments
Completed
2017
Service charge
AED 9,200 /yr
Last sold
No registered sale
Building
4Direction Residence

About HC04, 4Direction Residence

HC04 is a studio of 599 sqft 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 5 Ejari contracts. The current contract, signed on 1 August 2022, is AED 29,500 a year, before the service charge of about AED 9,200 a year.

Sales and rents for HC04 over time

Rents
Unit HC04, 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, April 2018: AED 43,000 a yearNew contract, July 2019: AED 28,500 a yearRenewal, July 2020: AED 28,500 a yearRenewal, July 2021: AED 26,000 a yearNew contract, August 2022: AED 29,500 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 HC04 sits

All 20 studios →

HC04's AED 29,500 is at the bottom 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 →

HC04, 4Direction Residence in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 43,000 to AED 26,000 in 2021 and recovered to AED 29,500 by August 2022.

Source: Dubai Land Department. Updated 1 August 2022.

Questions about HC04, 4Direction Residence

What is the rent for unit HC04?

AED 29,500 a year on the contract signed on 1 August 2022. The previous contract, from July 2021, was AED 26,000; the unit has been rented since April 2018.

How big is unit HC04?

599 sqft (55.6 sqm): a studio of a 9-storey tower completed in 2017.

What is unit HC04 worth today?

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

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