5-bed · 4,389 sqftTerra Nova, Arabian Ranches

V002, Terra Nova

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V002 · DLD and Ejari recordsUpdated 27 September 2025
Last soldAED 943K12 December 2007
Current rentAED 470K /yr27 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V002, Terra Nova

What is V002 worth today?

Last sold for AED 943,444 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Sep 2025RentedRenewal
AED 470,000/yr12 months · AED 107 per sqft
27 Sep 2024RentedNew contract
AED 450,000/yr12 months · AED 103 per sqft
27 Sep 2023RentedNew contract
AED 450,000/yr12 months · AED 103 per sqft
20 Dec 2022RentedRenewal
AED 280,000/yr12 months · AED 64 per sqft
20 Dec 2021RentedNew contract
AED 270,000/yr12 months · AED 62 per sqft
20 Dec 2020RentedNew contract
AED 270,000/yr12 months · AED 62 per sqft
12 Dec 2007Sold by developerReady
AED 943,444AED 214 per sqft

Source: Dubai Land Department. Updated 27 September 2025.

Key facts

Type
5-bed villa
Size
4,389 sqft
Service charge
AED 13,500 /yr
Last sold
AED 943K · December 2007
Community
Terra Nova

About V002, Terra Nova

V002 is a five-bedroom villa of 4,389 sqft in Terra Nova, a villa community in Arabian Ranches. The developer sold it on 12 December 2007 for AED 943,444, or AED 214 per sqft, 50% below the AED 426 five-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 27 September 2025, is AED 470,000 a year: a gross yield of 49.8% on the 2007 price, before the service charge of about AED 13,500 a year.

Sales and rents for V002 over time

Sales
Villa V002, each saleTypical five-bed in Terra Nova
05M10M2007201220172022Typical sale price by year: 2007 AED 1,911,888; 2008 AED 2,053,888; 2009 AED 3,425,444; 2010 AED 1,920,888; 2011 AED 1,862,888; 2012 AED 4,335,000; 2013 AED 5,500,000; 2015 AED 5,000,000; 2017 AED 5,336,690; 2018 AED 4,800,000; 2019 AED 3,670,000; 2020 AED 3,662,500; 2021 AED 4,590,000; 2022 AED 6,700,000; 2023 AED 6,875,000; 2025 AED 11,250,000Sold by developer, December 2007: AED 943,444 (AED 214 per sqft)

V002 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V002, each contractTypical five-bed in Terra Nova
200K400K2012201620202024Typical rent by year: 2012 AED 282,500; 2013 AED 287,500; 2014 AED 315,000; 2015 AED 313,500; 2016 AED 304,000; 2017 AED 295,000; 2018 AED 277,500; 2019 AED 235,000; 2020 AED 215,000; 2021 AED 225,375; 2022 AED 280,000; 2023 AED 400,000; 2024 AED 435,000; 2025 AED 450,000; 2026 AED 450,000New contract, December 2020: AED 270,000 a yearNew contract, December 2021: AED 270,000 a yearRenewal, December 2022: AED 280,000 a yearNew contract, September 2023: AED 450,000 a yearNew contract, September 2024: AED 450,000 a yearRenewal, September 2025: AED 470,000 a year

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

5-beds in Terra Nova, and where V002 sits

All 61 5-beds →

V002 last sold in December 2007 at AED 214 per sqft, 50% below what five-beds in Terra Nova were fetching at the time (AED 426). Over the last 12 months five-beds sold for AED 12,750,000, around AED 2,770 per sqft, and rent for AED 375,000 to 630,000 a year. V002's AED 470,000 is in the lower half of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
6 Jan 202612,750,000
28 Aug 202512,850,000
1 Aug 202510,600,000
11 Jun 202510,550,000
1 5-bed sale in the last 12 months

Terra Nova

Community

119 villas, 4-bed to 7-bed in Arabian Ranches. 3 sold in the last 12 months.

Typical price per sqft
AED 2,705
Typical sale
AED 12.25M
Typical rent
AED 450K /yr
Typical yield
3.7%
Terra Nova, Arabian Ranches: prices, sales and rents →

V002, Terra Nova in numbers

  • Sold once: by the developer on 12 December 2007 for AED 943,444, or AED 214 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 270,000 to AED 470,000 a year.
  • At AED 470,000 a year the gross yield on the 2007 price is 49.8%, before a service charge of about AED 13,500 a year (AED 3.08 per sqft).
  • Five-beds in Terra Nova sold for AED 12,750,000–12,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,705 per sqft.

Source: Dubai Land Department. Updated 27 September 2025.

Questions about V002, Terra Nova

What did villa V002 last sell for?

AED 943,444 on 12 December 2007, sold by the developer: AED 214 per sqft for 4,389 sqft. It is the only registered sale of the villa.

What is the rent for villa V002?

AED 470,000 a year on the contract renewed on 27 September 2025. The previous contract, from September 2024, was AED 450,000; the villa has been rented since December 2020.

How big is villa V002?

4,389 sqft (407.8 sqm): a five-bedroom villa in Terra Nova.

What is villa V002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Terra Nova sold for AED 12,750,000 to 12,750,000 in the last 12 months, around AED 2,770 per sqft.

Selling V002? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V002, Terra Nova

Starts from the last sale price (AED 943K, 12 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 943,444
Deposit, UAE resident (20%)
AED 188,689
Deposit, non-resident (40%)
AED 377,378
Monthly over 25 years at 3.7%
AED 3,860

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →